Deferred Compensation Plan Account definition

Deferred Compensation Plan Account means the book entry-account under this Plan which shall be credited with (i) a Participant’s account balance under the Dover Deferred Compensation Plan as of December 31, 2013, including any bonus deferrals in respect of the 2013 Plan Year or deferrals in respect of long-term cash-based long-term incentive awards for performance periods ending in 2013 which are credited to a Participant’s account under the Dover Deferred Compensation Plan during 2014, and (ii) Earnings credited thereon, as provided in the Plan.
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Deferred Compensation Plan Account means the book entry-account under this Plan which shall be credited with (i) a Participant’s account balance under the Dover Deferred Compensation Plan as of immediately prior to the Effective Time and (ii) Earnings credited thereon, as provided in the Plan.
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Deferred Compensation Plan Account or “Account” shall mean a book reserve maintained by the Company with respect to a Participant’s participation in this Plan. Each Participant who participated in the Plan prior to 2005 shall have two sub-accounts, a Pre-2005 Account and a Post-2004 Account. A “Pre-2005 Account” means the vested amount standing to the credit of a Participant’s book reserve account as of December 31, 2004, as adjusted by the Interest Crediting Rate. A “Post-2004 Account” means the amount credited to a Participant’s book reserve account after December 31, 2004, as adjusted by the Interest Crediting Rate.
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Examples of Deferred Compensation Plan Account in a sentence

  • Administrative Leave accrued in excess of 96 hours will automatically be paid in cash at the Employee’s current base hourly rate of pay on the payroll date for the pay period in which it accrues, or the Employee can elect to contribute that amount to the Employee’s 457(b) Deferred Compensation Plan Account in accordance with the terms of the Plan.

  • For the avoidance of doubt, the Parties agree that these benefits consist solely of the following: (i) Non-Qualified Deferred Compensation Plan Account Balance of $485,860.81, to be distributed in ten (10) annual installments in accordance with the timing required by the terms of the Non-Qualified Deferred Compensation Plan and Code Section 409A; and (ii) Executive Disability Coverage paid through May 26, 2017.

  • For the avoidance of doubt, the Parties agree that these benefits consist solely of the following: (i) Non-Qualified Deferred Compensation Plan Account Balance of $5,663,625.62, to be distributed as a lump sum in accordance with the timing required by the terms of the Non-Qualified Deferred Compensation Plan and Code Section 409A; and (ii) Executive Disability Coverage paid through May 26, 2017.

  • Named Executive Officer ​ ​ Frozen SERP Account Balance ($) ​ ​ Deferred Compensation Account Balance ($) ​ ​ Total Deferred Compensation Plan Account Distribution Value ($) ​ Thomas M.

  • PSE agrees that ▇▇▇▇▇ has elected to defer these payments into his Deferred Compensation Plan Account for payment as defined in Section D of this document.

  • IRS Section 457 Deferred Compensation Plan Account will be created for each teacher so wishing to have an account created for their benefit.

  • An IRS Section 457 Deferred Compensation Plan Account will be created for each employee so wishing to have an account created for their benefit.

  • Your Deferred Compensation Plan Account will be distributed on September 15, 2020, for all distributions where “Separation of Service” was elected.