Deferred Account definition

Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

Deferred Account means an unfunded account within which a Participant’s deferred Awards and accrued interest are accumulated.

Deferred Account means the account into which shall be credited the Tax-Deferred Contributions made on a Member’s behalf and earnings on those contributions.

Examples of Deferred Account in a sentence

• The CET Deferred Account will be increased by the carrying charge during months when the balance in the account represents revenue that is under-collected and reduced when over-collected.

• Grants and contributions: where grants and contributions are received that are identifiable to fixed assets with a finite useful life, the amounts are credited to the Government Grants Deferred Account.

• Where the acquisition of a fixed asset is financed either wholly or in part by a government grant or other contribution, the amount of the grant or contribution is credited initially to the Government Grants Deferred Account.

• Where grants and contributions are received that are identifiable to fixed assets with a finite useful life, the amounts are credited to the Government Grants Deferred Account.

• An annual interest rate, as described in § 8.07 Calculation of Carrying Charge, shall be applied monthly to the CET Deferred Account balance, as adjusted for the corresponding tax deferral balance in Account 283.

More Definitions of Deferred Account

Deferred Account means an account established for a Participant under Section 10.1.

Deferred Account means a bookkeeping reserve account established in the books of the Company and maintained in accordance with Section 5, below, to record Compensation which an Eligible Director has elected to defer, plus earnings and minus losses thereon.

Deferred Account means the bookkeeping account maintained for each Participant covered under this Appendix A to record the portion of Base Salary deferred under this Plan which was credited as a Salary Deferral under the ITT Industries Excess Savings Plan (or any predecessor plan) prior to January 1, 1996.

Deferred Account means the account established by the Company for each Director who elects to defer the Fees payable to him as a Director.

Deferred Account means the account established under the Plan for each Participant who elects to defer receipt of benefits under Section 6.3. A Deferred Account shall consist of subaccounts as selected by the Participant, which may be a Retirement Account and an In-Service Account. The Deferred Account is 100% Vested.

Deferred Account means the bookkeeping account established under Section 3.1 established on behalf of a participant, and includes any deemed earnings credited thereon.

Deferred Account or "Accounts" shall mean the account established on the books of the Corporation for a Grantee, and which is composed of Elective Deferred Accounts (for Performance Awards, or portions of such awards, that Corporate Officer Grantees have elected to defer pursuant to Section 7.1) and Non-Elective Deferred Accounts (for the Performance Awards that have been deferred in whole or in part by the Committee pursuant to Section 6.3).