Deferred Compensation Plan definition
Examples of Deferred Compensation Plan in a sentence
In addition, if Employee is a participant in the Company’s Deferred Compensation Plan, Senior Executive Retirement Plan or any successor plans, all amounts credited under such plans to Employee shall become fully vested and nonforfeitable.
At the Effective Date, the Deferred Compensation Plan (and any outstanding and valid deferral elections) shall be automatically deemed to be amended, to the extent necessary or appropriate, to provide that references to Shareholder shall be read to refer to ▇▇▇▇▇▇▇ and that references to “Common Stock” (including in respect of any Deferred Stock Account) will refer to shares of ▇▇▇▇▇▇▇ Stock.
Any other vested benefits or other amounts, including both cash and stock components, which pursuant to the terms of any Company plans, policies or programs have been earned or become payable, but which have not yet been paid to the Executive, including without limitation under the Company’s Long-Term Incentive Plan and Deferred Compensation Plan, will be paid in accordance with terms and conditions of such plans, policies or programs.
Shareholder and ▇▇▇▇▇▇▇ agree that the Redomiciliation does not constitute a “Change in Control” under the Deferred Compensation Plan, as such term is defined therein.
This includes eligibility to participate in the Wesco Deferred Compensation Plan beginning in 2027.