Examples of Deferrable Amount in a sentence
The Deferral Authority in its sole discretion shall designate those Employees or Directors who are to be eligible to participate in the Plan with respect to Deferrals for a particular Plan Year or with respect to a particular Deferrable Amount or Amounts.
Designating an individual as eligible to participate in the Plan for a particular Plan Year or with respect to a particular Deferrable Amount shall not require the Deferral Authority to designate such individual for any subsequent Plan Year or with respect to any subsequent Deferrable Amounts.
The Enrollment Period shall end prior to the first day of the service year with respect to the applicable Deferrable Amount.
If a Deferrable Amount constitutes “performance-based compensation,” then the Committee may, but need not, delay the last day of the Deferral election period.
An Eligible Employee may elect to defer receipt of all or any portion of his or her Deferrable Amount to his or her Interest Account and/or Stock Account.