Incentive Deferral definition

Incentive Deferral means the amount of a Participant’s Incentive Compensation which the Participant elects to have withheld on a pre-tax basis and credited to his account pursuant to Section 4.1.
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Incentive Deferral means deferrals of a Participant’s Incentive Compensation granted in a given Plan Year.
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Examples of Incentive Deferral in a sentence

  • This Long-Term Incentive Deferral Agreement is irrevocable, but will only apply to the Long-Term Incentive designated in the Agreement.

  • The amount of a Long-Term Incentive Deferral shall be elected by the Member by agreeing to accept a reduction in the Long-Term Incentive equal to a stated whole percentage in the applicable Long-Term Incentive Deferral Agreement, which is not less than five percent (5%) or one hundred (100) shares of Common Stock nor more than one hundred percent (100%) of the Long-Term Incentive.

  • The Long-Term Incentive Deferral Agreement must be delivered to the Corporation prior to the last business day of March of the year prior to the plan year of payment.

  • The remainder (the "Incentive Deferral") shall be deferred as set forth below.

  • As used herein, "Base Salary" will include all wages or salary paid to the Executive and will be calculated before any salary reduction or deferrals, including but not limited to reductions made pursuant to: Code Section 125; Code Section 401(k); and the Executive Incentive Deferral Plan.

  • Certain terms used in this Standard Annual Incentive Deferral Plan Program 2015 Cash-Payable Restricted Share Units Award Agreement (the “Agreement” or “Award Agreement”) are defined in Section 12 or elsewhere in the Agreement, and such definitions will apply except where the context otherwise indicates.

  • Duke Power Company Supplemental Retirement Plan Crescent Resources Incentive Deferral Plan Duke Energy Corporation Executive Savings Plan I and II Duke Energy Corporation Executive Cash Balance Plan I and II Duke Energy Corporation Directors’ Savings Plan I and II Supplemental Retirement Plan for Employees of Duke Power Company Duke Power Company Supplemental Security Plan Duke Energy Corporation Retirement Benefit Equalization Plan.

  • The number of shares of Common Stock to be credited to a Member’s Cash Deferral Account by virtue of an election to invest a portion of a Salary Deferral, cash Bonus Deferral or a cash Long-Term Incentive Deferral in Common Stock shall be determined on the date of such Deferral in accordance with such procedures as the Corporation shall establish.

  • Distribution of deferred shares will be made in accordance with the terms and conditions of the Company’s Stock Incentive Deferral Plan.

  • SJW hereby assumes, as of the Effective Time, all the duties and obligations of CTWS under each of the Incentive Deferral Awards identified on Schedule A attached hereto (the “Assumed Incentive Deferral Awards”) and each Assumed Incentive Deferral Award is hereby converted into the right to receive a dollar amount set forth on Schedule A in accordance with the terms of that award, as adjusted pursuant to the provisions of this Agreement.

Related to Incentive Deferral

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Plan Year means the calendar year.

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.