Deferred Bonus definition

Deferred Bonus means the amount of a Participant’s Bonus that such Participant has elected to defer until a later year pursuant to an election under Section 3.2.

Deferred Bonus means that portion of a Bonus the payment of which is deferred by a Participant under this Plan.

Deferred Bonus means the amount of the deferred bonus potentially payable to Employee on account of a particular Base Fiscal Year in accordance with the provisions hereof.

Examples of Deferred Bonus in a sentence

• In no event shall any payments made to you (x) for base salary, (y) under the Long Term Incentive Compensation Plan of any of the SFC Companies dated July 11, 1997 (the "LTI Plans"), or (z) under the Divestiture Award Bonus Plan dated July 15, 1997 be included in calculating the amount of the Deferred Bonus.

• In the event that payments made to you under the LTI Plans exceed the amount of the Deferred Bonus, no amounts of Deferred Bonus shall be payable to you hereunder.

• For purposes of determining the distributable amount, the Deferred Bonus Account shall be valued through the day prior to the day on which the Deferred Bonus Account is distributed, less any claim, debt, reimbursement, recoupment, or offset the Company may have against Executive.

• Executive shall have no right to borrow money from his Deferred Bonus Account nor shall he be allowed to receive a distribution except as provided above.

• Any fractional Share Units shall also be credited to a Participant's Deferred Bonus Account.

More Definitions of Deferred Bonus

Deferred Bonus means the bonus described in Section 3.4 hereof; provided, however, for purposes of determining the total amount of the Deferred Bonus payable upon distribution from the Deferred Compensation Plan, the amount in Section 3.4 hereof will be adjusted to take into account any interest, earnings or other gains accrued thereon and any losses resulting from investment of the Deferred Bonus in the investment selections under the Deferred Compensation Plan.

Deferred Bonus means an award pursuant to Section 3.2 of the Plan.

Deferred Bonus means an amount, if any, designated as such by the Committee and credited to a Participant’s Compensation Account.

Deferred Bonus means the amount of Bonus which is to be delivered in the form of an Award under Rule 2 (Grant of Awards ), which will be determined by the Board, in its absolute discretion.

Deferred Bonus means the amount of Bonus, if any, deferred by a Participant pursuant to Section 4.

Deferred Bonus means the amount of a Participant’s Bonus that such Participant has elected to defer until a later year pursuant to an election under Section 3.2. Reference in this Plan to a Participant’s “Basic Deferred Bonus” shall mean the first six percent (6%) of a Participant’s Bonus that such Participant has elected to defer under this Plan in any Plan Year. Reference in this Plan to a Participant’s “Supplemental Deferred Bonus” shall mean any Bonus deferred by a Participant under the Plan that does not constitute Basic Deferred Bonus.

Deferred Bonus means any amount so added to such account, and all interest earned thereon (as if it were an account maintained thereunder). The application or potential application of such Section 162(m) shall be determined in good faith by the Company based on available information prior to the date on which any compensation would otherwise be paid. The provisions of the subparagraph (ii) may be waived from time to time, in whole or in part, with the prior consent of the Company and the Subcommittee.