Examples of Deferred Compensation Amount in a sentence
Within 60 days of such withdrawal the School Division shall pay to the Participant the Deferred Compensation Amount as provided in clause 3.1.
Within 60 days the Employer shall pay to the Participant the Deferred Compensation Amount as provided in clause 4.4.
In any event, the School Division shall pay to the Participant the Deferred Compensation Amount or any remaining balance thereof on or before December 31 of the first Taxation Year commencing after the end of the Deferral Period.
In such case, the Participant may choose to remain in the Plan or they may withdraw from the Plan, in which case the School Division shall pay to the Participant the Deferred Compensation Amount in one lump sum payment within 60 days of such withdrawal.
Should a Participant die the School Division shall within 30 days of notification of such death to the School Division pay the Deferred Compensation Amount to the Participant's estate, subject to the School Division receiving any necessary clearances and proofs normally required for payment to estates.