Examples of Deferred Fee Program in a sentence
Each Non-Employee Director shall be eligible to participate in the Deferred Fee Program.
A Participant may cease to defer future Compensation in the Deferred Fee Program by completing and executing a Modified Election Form, and delivering it to the Secretary of the Company.
Each Non-Employee Director who makes a Deferral Election shall become a Participant in the Deferred Fee Program.
The Parties acknowledge and agree that the Deferred Fee Program is provided for in this Agreement in order to serve as a catalyst for development on the Property, which will, in turn, result in the accelerated payment of Development Impact Fees generally.
A Participant may cease to defer future Retainer Fees, Meeting Fees or both in the Deferred Fee Program by submitting a Modified Election Form to the Secretary of the Company.
A Participant may cease to defer future Compensation in the Deferred Fee Program by completing and executing a Modified Election Form, and submitting it to the Secretary of the Company.
An election by a Participant to cease deferrals of Retainer Fees, Meeting Fees or both in the Deferred Fee Program shall become effective with respect to Compensation for services performed on or after the first day of the calendar year following the Election Date.
There shall be no time limitation with respect to the Deferred Fee Program.
An election by a Participant to cease deferrals in the Deferred Fee Program shall become effective with respect to a Participant’s Retainer(s) on or after the first day of the first calendar year that begins after the Election Date.
In addition, each Participant shall be eligible to participate in the Deferred Fee Program.