Deferrable Compensation definition

Deferrable Compensation means the Compensation and Board Fees designated by the Administrative Committee as eligible to be deferred in any Plan Year pursuant to Section 2.1(a).
Deferrable Compensation means one hundred percent (100%) of Fees that would be payable to a Director during a Plan Year but for the Director’s election to defer such Deferrable Compensation on his or her Election Form in accordance with Article IV of this Plan.
Deferrable Compensation means the following types of compensation that may be deferred under the Plan:

Examples of Deferrable Compensation in a sentence

  • Each such Participant’s Deferrable Compensation deferred pursuant to an Election Form under Article IV shall be separately accounted for and credited with earnings or dividends, as applicable, for recordkeeping purposes only, to his or her Account.

  • The Administrator has the authority, without Board approval, to amend the Plan to comply with the requirements of Code Section 409A, modify the amount or type of compensation that qualifies as Deferrable Compensation, modify the classes of individuals eligible to participate in the Plan, and to change the investment alternatives offered under the Plan.

  • Subject to the foregoing six (6) month limitation, the Participant may make new deferral elections for Deferrable Compensation payable in subsequent Plan Years in accordance with this Article IV.

  • Each Eligible Employee and Director may elect to defer Deferrable Compensation for a Plan Year in the time period set by the Administrative Committee.

  • Any newly-elected Director may elect to defer Deferrable Compensation prior to the effective date of his or her election to the Board.


More Definitions of Deferrable Compensation

Deferrable Compensation means both Deferrable Stock-Based Compensation and Deferrable Cash Compensation.
Deferrable Compensation means fifty percent (50%) of a Participant’s Incentive Compensation and 100% of a Participant’s Restricted Stock Units that would be payable to a Participant during a Plan Year but for the Participant’s election to defer such Deferrable Compensation on his or her Election Form in accordance with Article IV of this Plan. Deferrable Compensation shall not include any compensation payable to the Participant that is designated by the Administrator as Base Salary.
Deferrable Compensation means a Participant's Salary and/or Bonus, and in the case of a Participant who is required to defer a portion of his or her Compensatory Dividends in a given year in accordance with Section 4.1, any excess portion of Compensatory Dividends payable to such Participant in such year.
Deferrable Compensation means, for the period specified in a Participation Election, all Section 415 Compensation payable to a Participant in cash and any other amounts that would be paid in cash but for a compensation reduction agreement pursuant to Code Section 125, 132(f)(4) or 401(k) or pursuant to the Participant’s Deferral Contributions made under the Plan. However, even if the following items are included in the Participant’s cash Section 415 Compensation, they shall not be included in the Participant’s Deferrable Compensation:
Deferrable Compensation means, for the period specified in a Participation Election, all Base Salary and Bonus Compensation payable to a Participant in cash and any other amounts that would be paid in cash but for a compensation reduction agreement pursuant to Code Section 125, 132(f)(4) or 401(k) or pursuant to the Participant’s Elective Deferral Contributions made under the Plan. However, the following items shall not be included in the Participant’s Deferrable Compensation:
Deferrable Compensation means, as designated by the Board or Compensation Committee from time to time, any form of compensation to be paid by the Company or any member of its Affiliated Group to an Eligible Employee which may include, but is not limited to, (i) grants made under the Company’s Equity Incentive Plan, or any subplan thereof, (ii) regular bonuses, (iii) incentive bonuses, and (iv) with respect to Directors, Director Fees, but shall exclude salary or such other regular wages paid to Employees.
Deferrable Compensation means all fees payable to a Director for services on a Board, including Board fees, committee fees, retainers and compensation payable for services rendered as a Director of a Corporation.