Deferred Compensation Committee means the committee or board, or other entity, office or officer, appointed in accordance with applicable law by a local employer to act in respect of a plan in accordance with section 9001.2(b) of this Subtitle.
Deferred Compensation Committee means Management’s Benefits and Compensation Committee, appointed by the Company to administer the Plan pursuant to Article 8 of the Plan.
Deferred Compensation Committee means the Deferred Compensation Committee as established by the Company.
Examples of Deferred Compensation Committee in a sentence
A Deferred Compensation Committee comprised of City Management and elected employee representatives meets periodically to review the objectives and performance of the plan administrators and to adopt rules and make changes.
If the laws of the United States or of any relevant state are amended or construed in such a way as to make this Plan (or its intended deferral of compensation and taxes) in whole or in part void, then the Deferred Compensation Committee, in its sole discretion, may choose to terminate the Plan or it may (to the extent it deems practicable) give effect to the Plan in such a manner as it deems will best carry out the purposes and intentions of this Plan.
The Deferred Compensation Committee shall provide periodically (but no less frequently than annually) to each Participant a statement setting forth the balance of the Deferral Account maintained for such Participant.
All decisions of the Deferred Compensation Committee shall be final and binding.
The Union shall have one member on the City’s Deferred Compensation Committee.
More Definitions of Deferred Compensation Committee
Deferred Compensation Committee means the committee appointed by the Board to administer the Plan pursuant to Article 9 of the Plan.
Deferred Compensation Committee or “committee” means the committee appointed to act as the administrator of the Plan pursuant to §2.4.13.
Deferred Compensation Committee means the committee appointed by the Board which shall function as the Plan Administrator and which shall be composed of the individuals serving the Company in the following positions:
(a) Chief Executive Officer of Adaptec
(b) The senior executive of Adaptec responsible for Human Resources
(c) Manager, Employee Benefits
Deferred Compensation Committee or “Committee” shall mean the Compensation Committee, appointed by the Company to administer the Plan.
Deferred Compensation Committee means the Committee, consisting of the Plan Administrator, as Chairperson; the City Manager or his appointee; the Finance Director or his appointee; the City Treasurer or his appointee; two (2) Participating Employees and one (1) Rotating Department Employee Representative.
Deferred Compensation Committee means Management's Benefits and Compensation Committee, appointed by the Company to administer the Plan pursuant to Article 10 of the Plan. 2 1.10 DEFERRAL ELECTION FORM: shall mean a written agreement between the Company and the Participant, entered into pursuant to paragraph 2.1 of the Plan, by which the Participant elects to participate in the Plan and make a Deferral Commitment. 1.11 DISABILITY: shall mean a physical or mental condition that prevents a Participant from performing his or her normal duties of employment. If a Participant makes application for or is otherwise eligible for disability benefits under a long-term disability program sponsored by his Employer and qualifies for such benefits, the Participant shall be presumed to qualify as disabled under the Plan. In the event that a Participant is not covered by an Employer-sponsored long-term disability program, a Participant shall be presumed to be disabled if the Deferred Compensation Committee so determines upon review of one or more medical opinions acceptable to the Deferred Compensation Committee. 1.12 ELIGIBLE EMPLOYEE: shall mean Director level and above of the senior management of the Company as designated by the Deferred Compensation Committee to be eligible to participate in the Plan. New employees within this group are eligible to participate the first of the month following one month of service. 1.13 EMPLOYER: shall mean the Company or any of its subsidiaries or divisions. 1.14 ERISA: shall mean the Employee Retirement Income Security Act of 1974, as amended. 1.15 FINANCIAL HARDSHIP: shall mean a Participant's unexpected need for cash arising from an illness, casualty loss, sudden financial reversal, or other such unforeseeable occurrence as determined by the Deferred Compensation Committee. Cash needs arising from foreseeable events such as, for example, the purchase of a residence or education expenses for children shall not, alone, be considered a Financial Hardship. 1.16 PARTICIPANT: shall mean an Eligible Employee who is participating in the Plan as provided in Article 2, or a former Eligible Employee for whom a Deferral Account is being maintained under the Plan. 1.17 PLAN: shall mean this Executive Deferred Compensation Plan as set forth in this document and as the same may be amended, supplemented and/or restated from time to time and any successor plan. - 1.18 PLAN YEAR: shall mean the 12-month period from January 1 through December 31. Plan year in 2001 shall mean June 1...
Deferred Compensation Committee means those individuals, whose numbers shall be no fewer than three (3), which shall be selected by the Corporation to administer the provisions of this agreement on its behalf. In the event that the individual covered by this agreement is also a member of the Deferred Compensation Committee, such individual will not participate on behalf of the corporation in administering the provisions of this agreement.