Deferred Compensation Claims definition

Deferred Compensation Claims means claims related to the participation of the Debtors’ Current Employees and the Debtors’ Former Employees in the Deferred Compensation Plans.
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Deferred Compensation Claims means all Claims of Deferred Compensation Participants arising from their participation in the Deferred Compensation Plan. For the avoidance of doubt, all Deferred Compensation Claims are General Unsecured Claims.
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Examples of Deferred Compensation Claims in a sentence

  • The termination of the Deferred Compensation Plan and the payment of the Deferred Compensation Claims are intended to comply with Section 409A of the Internal Revenue Code of 1986, as amended and Treas.

  • Xxxxxxx Xxxxxxx and Xxxxx Xxxxxxxx shall have received satisfactory and binding commitments from GAFCO and Merchants to release each of them from all personal guarantees and all claims, demands, losses and damages arising from their respective relationships with the such individuals or the Comcap Companies.

  • Provider shall carry out the handling of the Crude Oil at the applicable Facility in accordance with, and storage of such Crude Oil shall at all times be subject to, the Operating Procedures applicable to such Facility.

  • Braverman, Gleklen, Mathews, and Schloss, Jr. The Holders of the Deferred Compensation Claims of Messrs.

  • Class 3 - Allowed Priority Deferred Compensation Claims.As noted above, the Allowed Priority Deferred Compensation Claims shall be treated the same as Allowed Unsecured Claims, and be included in the Allowed Unsecured Creditors Pool.

  • The SERP Participants also challenge classification of their Deferred Compensation Claims as non-priority General Unsecured Claims.99.

  • The terminationof the Deferred Compensation Plan and the payment of the Deferred Compensation Claims are intended to comply with Section 409A of the Internal Revenue Code of 1986, as amended and Treas.

  • Class 5: Deferred Compensation Claims The Deferred Compensation Claims are claims asserted by the Debtor’s officers, who had voluntarily deferred compensation for an extended period prior to the Petition Date.

  • As a reminder, however, the Debtor intends to seek a suitor to acquire it as soon as possible in order to liquidate as much or all of the creditor debt.Class 3 - Allowed Priority Deferred Compensation Claims.

  • As noted above, the Allowed Priority Deferred Compensation Claims shall be treated the same as Allowed Unsecured Claims, and be included in the Allowed Unsecured Creditors Pool.

Related to Deferred Compensation Claims

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11 of the Plan.

  • Deferred Compensation Plan means any plan, agreement or arrangement maintained by the Company from time to time that provides opportunities for deferral of compensation.

  • Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.

  • Deferred Compensation means the Compensation elected by the Participant to be deferred pursuant to the Plan.

  • Deferred Compensation Agreement means an agreement to participate and to defer compensation between a Participant and the Company in such form and consistent with terms of the Plan as the Company may prescribe from time to time.

  • Nonqualified deferred compensation plan means a compensation plan described in Section 3121(v)(2)(C) of the Internal Revenue Code.

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Nonqualified Deferred Compensation Rules means the limitations or requirements of Section 409A of the Code, as amended from time to time, including the guidance and regulations promulgated thereunder and successor provisions, guidance and regulations thereto.

  • Incentive Compensation Plans means annual incentive compensation plans and long‑term incentive compensation plans of the Company, which long‑term incentive compensation plans may include plans offering stock options, restricted stock and other long‑term incentive compensation.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

  • Incentive Compensation Awards means awards granted under Incentive Compensation Plans providing the Executive with the opportunity to earn, on a year‑by‑year basis, annual and long‑term incentive compensation.

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Manager for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m)(i).

  • Compensation Plans shall have the meaning set forth in Section 3.8(b).

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Foreign Benefit Arrangement means any employee benefit arrangement mandated by non-U.S. law that is maintained or contributed to by any Credit Party or any of its Subsidiaries.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Erroneously Awarded Compensation means, with respect to each Executive Officer in connection with an Accounting Restatement, the amount of Clawback Eligible Incentive Compensation that exceeds the amount of Incentive-based Compensation that otherwise would have been Received had it been determined based on the restated amounts, computed without regard to any taxes paid.

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Termination Benefits means the benefits described in Section 4.1(b).