Participant Deferral definition

Participant Deferral means voluntary Participant deferral amounts, which could have been received currently but for the election to defer and are credited to his Account for later distribution, subject to the terms of the Plan.

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Participant Deferral means any deferral made by a Participant pursuant to Section 3.01.

Participant Deferral means a Base Deferral, Base with Match Deferral, Bonus Deferral, Bonus with Match Deferral, RSU Deferral and/or Discretionary Deferral.

Examples of Participant Deferral in a sentence

• If the Employer elects below, the Plan will allow distributions of Participant Deferral Contributions to be made to Participants while they are still employed (“In-Service Distributions”), if they elect a fixed distribution date during the regular election period.

• Both Participant Deferral Contributions and Vested Employer Contributions can be distributed in the event of an eligible Unforeseeable Emergency Distribution event.

• Education Accounts are allowed with respect to: __ Participant Deferral Credits only.

• A Participant shall be fully vested in the portion of his Deferred Compensation Account attributable to Participant Deferral Credits, and all income, gains and losses attributable thereto.

• All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

• The amount of Compensation the Participant elects to defer, the Participant Deferral Credit, shall be credited by the Employer to the Deferred Compensation Account maintained for the Participant pursuant to Section 8.

• Education Accounts are allowed with respect to: Participant Deferral Credits only.

• A Participant must make distribution elections with respect to any Employer Credits credited to his Deferred Compensation Account by the deadline that would apply under Section 4.1 for distribution elections with respect to Participant Deferral Credits credited at the same time, on a Participation Agreement that is timely executed and delivered to the Committee pursuant to Section 4.1.

• If the Participant designates more than one Student, the Education Account will be divided into a separate Education Account for each Student, and the Participant may designate in the Participant Deferral Agreement the percentage or dollar amount to be credited to each Education Account.

• Except as otherwise provided in this Section 4.1, the Participant Deferral Agreement shall become effective with respect to such Participant as of the first day of January following the date such Participant Deferral Agreement is received by the Committee.

More Definitions of Participant Deferral

Participant Deferral means the amount of Base Salary, bonus and other cash compensation deferred by a Participant pursuant to Section 3.01.

Participant Deferral means a Basic Deferral, Bonus Deferral, Supplemental Deferral, RSU Deferral and/or Discretionary Deferral.

Participant Deferral means Compensation that is deferred by a Participant and credited, as a hypothetical bookkeeping entry, to the Participant’s Deferral Account for any one Plan Year pursuant to the provisions of Section 4.2.

Participant Deferral means the amount of Pay a Participant elects to defer pursuant to Section 5.3 that, but for such election, would have otherwise been paid to the Participant.

Participant Deferral means the amount credited to a Participant's Deferral Account under the Plan pursuant to Section 3.1.