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.

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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 determined in accordance with Section 3.04 of this Plan.

Examples of Deferred Compensation Amount in a sentence

This Agreement shall automatically terminate and be of no further force and effect immediately following the payment of the Deferred Compensation Amount and all other amounts due pursuant to Section 5 of this Agreement.
The Board shall, no later than July 31 of each year, make an annual report to each participant as to the Deferred Compensation Amount held as at June 30.
Should a participant die, the Board shall within sixty (60) days of notification of such death pay any Deferred Compensation Amount retained at the time of death to the participant’s estate, subject to the Board receiving any necessary clearances and proofs normally required for payment to estates.
In no event shall payment be made more frequently than monthly and all of the Deferred Compensation Amount will be paid to the participant no later than the end of the first taxation year of the year that commences after the end of the deferral period.
Upon termination of employment and/or withdrawal from the Plan, the Board shall pay to the participant the Deferred Compensation Amount, including any unpaid interest, within sixty (60) days or, at the option of the participant, at a later date but no later than the end of the first taxation year that commences after the end of the deferral period.

More Definitions of Deferred Compensation Amount

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 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 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 Cur- rent Compensation Amount which is retained by the employer for the Participant in each year.

Deferred Compensation Amount means the portion of the total compensation paid by the Employer to the Employee that is to be retained by the Employer in accordance with clause 3.1 and includes accrued interest not yet paid to the Employee under clause 3.4.