Discretionary Credit definition

Discretionary Credit means an amount credited to a Participant's Account, as determined by the Company in its sole discretion.

Discretionary Credit means an amount credited to a Participant’s Account by the Employer in accordance with Section IV.B.

Discretionary Credit means an amount credited to a Participant’s Account, as determined by the Company or applicable Employer in its sole discretion.

Examples of Discretionary Credit in a sentence

• Such amounts shall be credited to the Participant’s Company Discretionary Credit Account and shall be subject to the vesting schedule established by the Company at the time such amounts are credited.

• The Company in its sole and absolute discretion may determine in writing for each Participant an amount that shall be credited the Participant’s Account as a Discretionary Credit.

• The Plan Administrator shall credit to a Participant’s Account the amount of a Participating Employer’s Discretionary Credit, if any, determined for that Participant under this Section.

• A Participant who is an Eligible Employee for any Plan Year may receive a Discretionary Credit for such Plan Year.

• Upon the granting of such consent, the Valuation Percentage in respect of such Discretionary Credit Support Item shall be the Valuation Percentage specified by S&P.

More Definitions of Discretionary Credit

Discretionary Credit is defined in Section 2.2.

Discretionary Credit means, for any one Plan Year, the amount determined in accordance with Section 3.4.

Discretionary Credit means any credit that may be made on behalf of an Active Participant by the Company in addition to the Annual Credit, as determined under this Plan and otherwise in sole discretion of the CEO.

Discretionary Credit means an amount credited to the Account of a Participant who is an Eligible Director, as determined by the Compensation Committee of the Board in its sole discretion, and shall include, unless otherwise determined by the Compensation Committee of the Board, the portion of the annual retainer fee payable to an Eligible Director in stock equivalent units.

Discretionary Credit means an amount credited to a Participant’s Account, as determined by the Compensation Committee of the Board in its sole discretion.

Discretionary Credit means an amount credited to the Account of a Participant by an Employer pursuant to Section 4.3.

Discretionary Credit means any amount credited to a Participant's account under paragraph 5.3.2 below.