Deferral Credits definition

Deferral Credits means the deferral credits allocated to a Participant in accordance with Section 3.2 (Deferral Credits).

Deferral Credits means amounts credited to a Participant’s Plan Account pursuant to Sections IV.B and IV.C.

Deferral Credits means the amounts credited as soon as practicable after each payroll date to the Participant's Account by the Employer pursuant to the provisions of Section 4.1 based on a Participant's Election Form.

Examples of Deferral Credits in a sentence

• A Participant shall be fully vested in the portion of his Deferred Compensation Account attributable to Participant Deferral Credits, and all income, gains and losses attributable thereto.

• All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

• The Deferred Compensation Account shall be credited on each Crediting Date with the total amount of any Participant Deferral Credits and Employer Credits to such account since the last preceding Crediting Date.

• The Committee may from time to time establish policies or rules consistent with the requirements of Section 409A of the Code to govern the manner in which Participant Deferral Credits may be made.

• A Participant must make distribution elections with respect to any Employer Credits credited to his Deferred Compensation Account by the deadline that would apply under Section 4.1 for distribution elections with respect to Participant Deferral Credits credited at the same time, on a Participation Agreement that is timely executed and delivered to the Committee pursuant to Section 4.1.

More Definitions of Deferral Credits

Deferral Credits means the amounts credited to a Participant's

Deferral Credits means the portions of a Participant’s base salary and/or bonus, if any, that he or she elects to defer under Article IV.

Deferral Credits means the portion of an Eligible Employee’s Base Salary and/or Bonus, if any, that he or she elects to defer under Article IV.

Deferral Credits means the amounts credited to a Participant's ---------------- Account pursuant to Section 5.2.

Deferral Credits means credits to a Participant’s Deferral Account.

Deferral Credits means the amount of Deferred Base Salary credited to a Participant’s Deferral Account in accordance with Section 4.1 and the amount of Deferred AIP Bonus credited to a Participant’s Deferral Account in accordance with Section 4.2.

Deferral Credits means the Participant's deferred amounts of Salary or Bonus under Article V.