Examples of Deferral Election Date in a sentence
For each succeeding Plan Year, a Participant may revoke or make a new deferral election for the subsequent Plan Year, provided that such election is made before the applicable Deferral Election Date.
If, with respect to amounts covered by your Deferral Election, you have failed to elect a distribution commencement date or there exists any ambiguity as to the distribution commencement date you have elected, such amounts (including the relevant vested Company matching Contribution) may be distributed to you after the earlier of the date of your Termination of Employment or the third anniversary of your Deferral Election Date, unless determined otherwise by the Committee, in its sole discretion.
An Eligible Executive who wishes to defer Annual Bonus for a calendar year must irrevocably elect to do so on or prior to the Bonus Deferral Election Date for such calendar year, by delivering a valid Primary Election Form for Bonus to the Plan Administrator.
Such an election must be made by completing and submitting to the Company the attached Deferral Election Form on or before the Deferral Election Date.
An Eligible Executive may participate in the Plan by delivering to the Plan Administrator a properly completed and signed (i) Primary Election Form for Salary on or before the Salary Deferral Election Date, and/or (ii) Primary Election Form for Bonus on or before the Bonus Deferral Election Date.
Except as provided below, a Participant must make his or her deferral election as to a Plan Year no later than the applicable Deferral Election Date and such election shall become irrevocable as of the last day of such preceding Plan Year.
An Eligible Executive who wishes to defer Salary for a calendar quarter must irrevocably elect to do so on or prior to the Salary Deferral Election Date for such calendar quarter, by delivering a valid Primary Election Form for Salary to the Plan Administrator.
The Committee shall determine, during the Plan Year and prior to the Deferral Election Date (as defined in Section 5(e)), the employees who shall be eligible to participate in the Plan for each such Plan Year and shall notify such employees in writing at such time during each such Plan Year as the Committee may determine.
Except as provided below, a Participant must make his or her deferral election as to each Plan Year no later than the applicable Deferral Election Date and such election shall become irrevocable as of the last day of such preceding Plan Year.
An election will become irrevocable on the Deferral Election Date with respect to the calendar year to which it applies, except to the extent permitted by Section 409A if the Participant experiences an Unforeseeable Emergency.Once an Eligible Executive defers an amount hereunder, or is allocated an amount under Section 4.1, such person will become a Participant, and will remain a Participant until all amounts credited to such person hereunder are distributed to such person.