Deferral Elections definition

Deferral Elections means elections made by a Participant as described in Section 4.1(a).
Deferral Elections. [X] Allowed in accordance with Section 8(g) of the Plan. [ ] Not allowed.
Deferral Elections means the Participant’s election of the date upon which Company shall make a distribution to the Participant of his or her interest in any vested Phantom Units in accordance with the terms of the Award Agreement, if and to the extent permitted by the Plan Administrator; provided, however, that (a) such Deferral Election shall be irrevocable and (b) any Deferral Election must be made on the form provided by the Plan Administrator.

Examples of Deferral Elections in a sentence

  • Any subsequent Deferral Elections may be made only in accordance with Section 2.1 hereof.

  • All Deferral Elections hereunder (including any modifications of prior Deferral Elections otherwise permitted under the Plan) may be made in accordance with written, electronic or telephonic procedures prescribed by the Committee.

  • Participants will be permitted to make such a change only once with respect to any year’s Deferral Elections.

  • To the extent permitted by Section 409A of the Code, the Committee may, in its sole discretion, modify the rules applicable to Deferral Elections, Payment Elections and Subsequent Payment Elections to the extent necessary to satisfy the requirements of the Uniformed Service Employment and Reemployment Rights Act of 1994, as amended, 38 U.S.C. 4301-4334.

  • Each Participant’s Accounts shall be administered in a way to permit separate Deferral Elections, deferral periods, and Investment Elections with respect to various Plan Year deferrals and compensation types as the Committee determines, in its sole discretion, are necessary or appropriate.


More Definitions of Deferral Elections

Deferral Elections means the Participant’s written election to defer a portion of his or her Annual Fees or Annual RSU Grants pursuant to Article 3.
Deferral Elections means irrevocable elections to defer receipt of Annual Retainer and/or Meeting Fees.
Deferral Elections means irrevocable elections to defer receipt of a Cash Retainer or an Equity Retainer.
Deferral Elections means the elections made pursuant to Section 4.1 of this Plan.
Deferral Elections means irrevocable elections to defer receipt of Annual Retainer and/or Committee Fees.
Deferral Elections means irrevocable elections to defer receipt of Cash Compensation and/or RSUs.
Deferral Elections. The Participant's irrevocable written election, made in accordance with Section 3.3 and in such form as specified by the Committee, to forego the receipt of a stipulated whole percent of Salary or Bonus. Amounts so foregone are called either "Salary Deferral(s)" or "Bonus Deferral(s)," as the case may be.