Deferred Compensation Election Form definition

Deferred Compensation Election Form means the form pursuant to which Eligible Executives elect to become Participants in the Plan and defer compensation thereunder, in such form as the Committee determines from time to time in its sole discretion.

Deferred Compensation Election Form means the standardized election form that each Participant must execute in accordance with ARTICLE IV in order to participate in the Plan, an example of which is attached hereto as EXHIBIT # 1.

Deferred Compensation Election Form means a written agreement between a Participant and the Company whereby the Participant agrees to defer a portion of his Compensation and the Company agrees to make benefit payments all in accordance with the terms and conditions of the Plan. The Deferred Compensation Election Form may take the form of an electronic communication followed by appropriate written confirmation as determined by the Administrator.

Examples of Deferred Compensation Election Form in a sentence

• A Participant's Account shall be credited with an amount equal to the percentage of each Compensation payment which would have been payable currently to the Participant but for the terms of the Deferred Compensation Election Form.

• Each Participant may elect in his or her Deferred Compensation Election Form to have one or more distributions of a specified percentage or dollar amount of his or her Account, not more frequently than once in a Plan Year, commencing in his or her third year of participation, provided that the Participant has not terminated his or her Service with the Company.

• The Company shall establish an Account for each Participant who duly files a Deferred Compensation Election Form.

• Compensation payable in future Plan Years can only be deferred by filing a Deferred Compensation Election Form for the appropriate Plan Year.

• Upon receipt of a Participant's valid Deferred Compensation Election Form, the Committee shall establish, as a bookkeeping entry only, a Deferred Compensation Account for such Participant.

More Definitions of Deferred Compensation Election Form

Deferred Compensation Election Form means the form which Participants use to defer Salary and/or Bonus and to elect distribution options.

Deferred Compensation Election Form means an approved election form that each Participant must execute in accordance with ARTICLE IV in order to participate in the Plan, examples of which are attached hereto as EXHIBITS 1 and 1.1.

Deferred Compensation Election Form means the form which Participants use to defer Deferrable Compensation pursuant to Section 4.1 of the Plan, in substantially the form attached hereto as Exhibit B or such other form as the Committee shall prescribe from time to time.

Deferred Compensation Election Form means a document or form as made available from time to time by the Administrator (or the Administrator of the Predecessor Plan), whereby an Eligible Employee enrolls as a Participant and elects to defer Compensation.

Deferred Compensation Election Form means the form which Participants use to defer Salary and/or Bonus pursuant to Section 4.1 of the Plan.

Deferred Compensation Election Form or “Form” shall mean the form (as set forth in EXHIBITS B-1, B-2 and B-3 to the Plan) which Participants use to defer Salary, Annual Bonus and/or Director Fees and to elect distribution options.

Deferred Compensation Election Form or “Election Form” means the written election of a Participant to defer a portion of his or her Compensation for a calendar year (or portion thereof, if applicable) pursuant to the provisions of the Plan. An Election Form shall specify the calendar year in which payment shall commence, or that payment should commence in the Participant’s anticipated year of retirement or the immediately following year. The Election Form shall also specify whether payment is to be made in a single lump sum amount or in periodic annual payments over not more than ten (10) years.