Deferral Plan definition
Examples of Deferral Plan in a sentence
Unless receipt of the Shares is validly deferred pursuant to the RSU Deferral Plan effective January 1, 2012, RSUs shall be settled as soon as practicable after the applicable Vesting Date (each date of Settlement, a “Settlement Date”), but in no event later than March 15 of the calendar year following the calendar year in which the Vesting Date occurs.
Safety employees shall participate in the CalPERS Retirement Tax Deferral Plan as authorized under Section 414 (h)(2) of the Internal Revenue Code.
The School District will contribute fifty percent (50%) of the teacher’s incentive pay into an account within a Special Pay Deferral Plan administered by a company selected by Education Minnesota - OSSEO and the School District.
Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, except to the extent that the Executive shall elect to defer the receipt of such Annual Bonus pursuant to and in accordance with the Company's Executive Deferral Plan or any successor plan thereto then in effect.
The total incentive received must be directed into the following plans: fifty percent (50%) into the Special Pay Deferral Plan and fifty percent (50%) into the Post- Retirement Health Reimbursement Account.