Deferred Cash Award definition

Deferred Cash Award means any Award of cash made pursuant to Section 6(h) which is to be credited to a Deferred Cash Account and paid in the future.
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Deferred Cash Award means an unfunded, unsecured promise to make a cash payment to a Participant at the end of a specified period of time and may be a Deferred Cash Stock Unit Award.
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Deferred Cash Award means an unfunded, unsecured promise to make a cash payment to a Participant at the end of a specified period of time.
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Examples of Deferred Cash Award in a sentence

  • The currency in which Participant’s Deferred Cash Award is denominated and/or paid and any required tax withholding and reporting will be in accordance with Citigroup’s policies, as in effect from time to time, relating to the administration of Citigroup’s incentive compensation programs.

  • Participant acknowledges that the Deferred Cash Award does not provide for actual interest payments but, if and when paid, includes an additional amount calculated with reference to an interest rate.

  • The Deferred Cash Award described in this Agreement has been granted subject to the terms of the DCAP plan document.

  • From and after the Effective Time, the holder of any canceled 2018 Cash Award or Deferred Cash Award shall be entitled to receive only the Cash Award Payment in respect of such canceled award.

  • The Committee may cancel all or a portion of an unvested Deferred Cash Award if it determines, in its sole discretion, that Participant has had significant responsibility for a material adverse outcome for Citigroup or any of its businesses or functions.


More Definitions of Deferred Cash Award

Deferred Cash Award means an Award under Section 12 of this Plan that has a value set by the Committee, which shall be payable to the Participant in cash.
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Deferred Cash Award has the meaning set forth in Section 5.17.
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Deferred Cash Award means the Cash Award of a Participant deferred under Article IV of this Plan.
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Deferred Cash Award means the Cash Award of a Participant deferred under paragraph 4 of this Plan.
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Deferred Cash Award means a Deferred Award described in Section 5.3.
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Deferred Cash Award or “Award”) described herein, subject to the terms of the ▇▇▇▇▇ Inc. 2020 Equity and Incentive Plan, as amended in 2022 (the “Plan”);
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Deferred Cash Award means an Award under Section 10 that has a value set by the Committee, which shall be payable to the Participant in cash.
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