Deferred Compensation Amount definition

Deferred Compensation Amount means the portion of the Current Compensation Amount which is retained by the Board for a Participant in each year in accordance with clause 3.1 and augmented from time to time by interest thereon calculated in accordance with clause 3.3 but less all interest paid to the participant in accordance with clause 3.4.
Deferred Compensation Amount means an amount equal to (x) the Stock Price on the Trigger Date, multiplied by (y) the number of Stock Units credited to the Account as of the Trigger Date that have vested in accordance with Section 3 as of the Payment Date (as defined in Section 4 below).
Deferred Compensation Amount means the amount voluntarily deferred under Article 2.

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.


More Definitions of Deferred Compensation Amount

Deferred Compensation Amount means the amount determined in accordance with Section 3.04 of this Plan.
Deferred Compensation Amount means the portion of the current compensation amount which is retained by the Board for a participant in each year in accordance with Clause 3.1 and augmented from time to time by interest thereon calculated in accordance with Clause 3.3 but less all interest paid to the participant in accordance with Clause 3.4.
Deferred Compensation Amount means the portion of the Current Compensation Amount which is retained by the Province for the Participant in each year in accordance with (e)(i) below.
Deferred Compensation Amount means an amount equal to (x) the Stock Price on the Trigger Date, multiplied by (y) the number of Stock Units credited to the Account as of the Trigger Date that have vested in accordance with Section 3.
Deferred Compensation Amount means the portion of the current compensation amount that is retained by UNBC for an employee in each year in accordance with clause 3.1 and augmented from time to time by interest thereon calculated in accordance with clause 3.3 but less all interest paid to the employee in accordance with clause 3.4.
Deferred Compensation Amount means any income deferred under The TJX Companies, Inc. General Deferred Compensation Plan or the TJX Companies, Inc. Executive Savings Plan which but for the deferral would be included in the definition of “Compensation” under The TJX Companies, Inc. Retirement Plan (without regard to the limitations described in Code Section 401(a) (17)). For the avoidance of doubt, “Deferred Compensation Amounts” shall be disregarded to the extent (as determined by the Committee) the reduction in the Article 7 formula benefit under The TJX Companies, Inc. Retirement Plan attributable to the non-inclusion in “Compensation” described in clause (i) above of such Amounts is offset by any benefit under The TJX Companies, Inc. Retirement Plan that is supplemental to the formula benefit described in Article 7 thereof.
Deferred Compensation Amount means the portion of the Bonus voluntarily deferred under Section 3.1.