Early Benefit Distribution Date definition

Early Benefit Distribution Date means the date in a different calendar year than the year in which the Eligible Compensation to which the Deferred Compensation Agreement relates is earned that the Participant has elected as a Distribution Date.
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Early Benefit Distribution Date means a date specified by the Participant and which is at least twenty-four (24) full calendar months after the date the Participant's Deferred Compensation Agreement is received by the Company.
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Early Benefit Distribution Date means the date elected by a Participant for the early distribution of Benefits, as provided in Section 5.1(b) or as specified in an election made pursuant to the Prior Plan.
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Examples of Early Benefit Distribution Date in a sentence

  • Any election of an Early Benefit Distribution Date shall be irrevocable, both as to the date of distribution and as to the amount of the distribution.

  • Recommendation We recommend that:- 1) The procedure for the appointment of external members be varied to allow existing external, independent, members to be appointed for a further term with normally a maximum of two terms being served in total; and2) subject to 1) above, Kenneth Ludlum and Caroline Mawhood be reappointed as external, independent, members of the Audit and Risk Management Committee for further terms of 3 and 4 years, respectively.

  • When a node has received 2 matching viewchange messages, it responds with a viewchange-acknowledgment message to the pro- posed new leader, if its current state and pending re- quests matches those of the viewchange messages.

  • However, no amendment completed within twelve (12) full calendar months preceding the Participant’s Termination Event or Early Benefit Distribution Date, if applicable (whichever event or date gives rise to a payment of Benefits to the Participant), or that has the effect of accelerating payments, shall be given effect with respect to Benefits that become payable as of such Termination Event or Early Benefit Distribution Date, if applicable.

  • Such Early Benefit Distribution Election shall specify an Early Benefit Distribution Date which shall be no less than two (2) years from the date such Early Benefit Distribution Election is made.

  • Nonqualified Deferred Compensation Plan adopted effective January 1, 1994, by filing a written revocation at least twelve (12) months prior to the Early Benefit Distribution Date specified in such Election.

  • The occurrence of a Termination Event shall automatically revoke any Early Benefit Distribution Election made by the Participant, if the Early Benefit Distribution Date specified in such Early Benefit Distribution Election is after the date of the Termination Event.

  • In some cases they may not anticipate receiving any countable income during the start-up period.

  • A Participant who receives an Early Benefit Distribution pursuant to an Early Benefit Distribution Election shall automatically cease all deferrals and/or contributions under the Plan as of the next Entry Date following the Early Benefit Distribution Date and may not resume participation until a subsequent Entry Date after making a new deferral election under Article III.

  • Such election shall be made on the Participant's original Deferred Compensation Agreement and shall specify the portion or amount of the Participant's Account to be distributed on such Early Benefit Distribution Date.


More Definitions of Early Benefit Distribution Date

Early Benefit Distribution Date means the date elected by an Executive for the early distribution of Benefits, as provided in Section 5.1(b).
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Early Benefit Distribution Date means the date elected by a Participant for the early distribution of Benefits, as provided in Section 5.1(b). 1.14 "Effective Date" means September 15, 1997. 1.15 "Financial Hardship" means one (1) or more of the following events: (1) A sudden and unexpected illness or accident of the Participant or a dependent (as defined in Section 152(a) of the Code) of the Participant; (2) A loss of the Participant's property due to casualty; or (3) Other similar and extraordinary and unforeseeable circumstances arising as a result of events beyond the control of the Participant, as determined by the Company. 1.16 "Intel" means Intel Corporation, a Delaware corporation. 1.17 "Participant" means a highly compensated or key management employee of the Company who has been designated by the Company as eligible to participate in this Plan and for whom an Account has been established. 1.18 "Plan" shall mean this Intel Corporation Special Deferred Compensation Plan, as it may be amended from time to time. 1.19 "Plan Year" means the calendar year. 3 1.20 "QDRO" means a court order that recognizes the right of an Alternate Payee of a Participant to an interest in amounts deferred under this Plan on behalf of such Participant due to marital property rights and that the Company determines to be the equivalent of a "qualified domestic relations order," as that term is defined Section 414(p) of the Code, but for the fact that the Plan is not a plan described in Section 414(p) of the Code. 1.21 "Qualified Plan" means the Intel Corporation Profit Sharing Retirement Plan and 401(k) Savings Plan. 1.22 "Termination Event" means the termination of the Participant's employment with the Company for any reason, including but not limited to the Participant's death or Total Disability. 1.23 "Total Disability" means the condition that would entitle a Participant to benefits under the Intel Corporation Long Term Disability Plan as the same may be amended from time to time. No termination of employment shall be deemed to have occurred by reason of Total Disability unless the Company determines in its sole discretion that the condition constituting such Total Disability exists on the date of such termination of employment, that such condition actually is known to the Company at the date of such termination of employment, and that such condition is the direct cause of such termination. ARTICLE II ELIGIBILITY 2.1
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Early Benefit Distribution Date means the date elected by a Participant for the early distribution of Benefits, which shall be no earlier than six months after the date of the Deferred Compensation Agreement and in a different calendar year than the date the Deferred Compensation Agreement is filed.
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Early Benefit Distribution Date means a date specified by the Participant and which is at least twenty-four (24) full calendar months after the date the Participant’s Deferred Compensation Agreement is received by the Company.(q) “Enrollment Period” means the period of December 1 to December 31 prior to the Plan Year to which a deferral election pursuant to a Deferred Compensation Agreement applies. The Enrollment Period for any newly elected Non-Employee Director shall be any time within thirty (30) days before or after the Director takes office.(r) “Non-Employee Director” means any Director who is not an employee of the Company or any of its subsidiaries.(s) “Participant” means a Non-Employee Director of the Company who has executed a Deferred Compensation Agreement and who maintains an Account under the Plan.(t) “Plan” means this Amended and Restated Zenith National Insurance Corp. 2003 Non-Employee Director Deferred Compensation Plan as set forth herein and as amended or restated from time to time.(u) “Plan Year” means January 1 through December 31.(v) “Separation from Service” means the cessation of a Participant’s services as a Director of the Company, whether voluntary or involuntary, for any reason including retirement, Disability or death, where the Company and the Participant reasonably anticipate that no further services of any kind would be performed following such Separation from Service, or that the level of bona fide services the Participant would perform after such Separation from Service (whether as a Director or as an independent contractor) would permanently decrease to no more than 20% of the average level of bona fide services performed (whether as a Director or as an independent contractor) over the immediately preceding 36-month period (or, if shorter, the full period of services to the Company).(x) “Subsequent Deferral Election” has the meaning as set forth in Section 3.2.(y) A “Termination Event” shall be deemed to occur upon (i) the Participant’s Separation from Service; (ii) the Participant’s Disability; (iii) the Participant’s death; (iv) a time or a fixed schedule as specified under this Plan; (v) a change in control event (as defined in Treasury Regulation §1.409A-3(i)(5)); or (vi) the occurrence of an Unforeseeable Emergency.(z) “Unforeseeable Emergency’’ means severe financial hardship to the Participant resulting from an illness or accident of the Participant, the Participant’s spouse, beneficiary, or a dependent of the Participant, loss of the Participan...
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Related to Early Benefit Distribution Date

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Distribution Date.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Subsequent Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within thirty (30) days of the end of a calendar quarter, then the first Subsequent Distribution Date will be the last Business Day of the month following the end of the first (1st) calendar quarter after the calendar quarter in which the Effective Date falls.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • First Distribution Date Initial Certificate Principal Balance of this May 27, 2003 Certificate as of the Cut-off Date: $___________ Master Servicer: Wells Fargo Bank Mixxxxxta, National Association CUSIP: ___________ Assumed Final Distribution Date: ___________ ASSET-BACKED CERTIFICATE SERIES 2003-AC2 This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator referred to below or any of their affiliates or any other person. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental entity or by Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator or any of their affiliates or any other person. None of Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced hereby in the beneficial ownership interest of Certificates of the same Class as this Certificate in a trust (the "Trust Fund") generally consisting of conventional first lien, fixed rate mortgage loans secured by one- to four- family residences, units in planned unit developments and individual condominium units (collectively, the "Mortgage Loans") sold by Bear Stearns Asset Backex Xxxxxities, Inc. ("BSABS"). The Mortgage Loans were sold by EMC Mortgage Corporation

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Monthly Benefit means the monthly amount payable by Liberty to you if you are Disabled or Partially Disabled.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Accrual Distribution Amount As to any Distribution Date prior to the applicable Accretion Termination Date and any Class of Accrual Certificates, an amount equal to the sum of (i) the Class A Interest Percentage of such Class of Accrual Certificates of the Current Class A Interest Distribution Amount and (ii) the Class A Interest Shortfall Percentage of such Class of Accrual Certificates of the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph second of Section 4.01(a)(i) on such Distribution Date. As to any Distribution Date on or after the applicable Accretion Termination Date, zero.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Pre-Distribution Period means any Tax Period ending on or before the Distribution Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Distribution Date.