Participant Election Period definition

Participant Election Period means the period during which the elections described in Section 3.2 are permitted.
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Participant Election Period means the period during which the elections described in Section 3.2 are permitted (such period, in no event, to be less than 30 days following notice thereof to persons who are eligible to make the election).
Sample 1

Examples of Participant Election Period in a sentence

  • If a Cognizant Employee fails to elect any of the foregoing options prior to the end of the Participant Election Period, (i) his or her balance shall remain in the D&B Savings Plan, and (ii) such employee shall be treated as a Cognizant Bifurcated Savings Plan Employee.

  • Notwithstanding the foregoing, prior to the end of the Participant Election Period, and for such period thereafter as may be reasonably determined by D&B, Cognizant Employees and ACNielsen Employees who have outstanding loans from the D&B Savings Plan shall be permitted to repay such loans by way of regular deductions from their paychecks.

  • If an ACNielsen Employee fails to elect any of the foregoing options prior to the end of the Participant Election Period, (i) his or her balance shall remain in the D&B Savings Plan, and (ii) such employee shall be treated as a ACNielsen Bifurcated Savings Plan Employee.

  • Prior to the Effective Time, RHD Employees shall be given the right to elect one of the following options with respect to their Corporation Savings Plan account balances (the "Participant Election Period"): (i) RHD Employees may keep their balances in the Corporation Savings Plan (such employees being known as "RHD Bifurcated Savings Plan Employees"); or (ii) RHD Employees may transfer their balances to the RHD Savings Plan (such employees being known as "RHD Transferred Savings Plan Employees").

  • If a Moody's Employee fails to elect any of the foregoing options prior to the end of the Participant Election Period, (i) his or her balance shall be transferred to the Moody's Savings Plan, and (ii) such employee shall be treated as a Moody's Transferred Savings Plan Employee.

  • If a RHD Employee fails to elect any of the foregoing options prior to the end of the Participant Election Period, (i) his or her balance shall be transferred to the RHD Savings Plan, and (ii) such employee shall be treated as a RHD Transferred Savings Plan Employee.

  • If a 12 12 RHD Employee fails to elect any of the foregoing options prior to the end of the Participant Election Period, (i) his or her balance shall be transferred to the RHD Savings Plan, and (ii) such employee shall be treated as a RHD Transferred Savings Plan Employee.

  • After the Participant Election Period, no such deductions by RHD shall be made in respect of RHD Bifurcated Savings Plan Employees who have outstanding loans from the Corporation Savings Plan, and all such employees shall be required to repay their loans directly to the Corporation Savings Plan in accordance with the existing terms thereof.

Related to Participant Election Period

  • Deferral Period has the meaning set forth in Section 3(i) hereof.

  • Payment Election means an election pursuant to Section 5.1.

  • Plan Year means the calendar year.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Qualified Election Period means the six Plan Year period beginning with the Plan Year in which the Participant first becomes a Qualified Participant.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Investment Election means the Participant’s election to have deferred amounts credited with hypothetical earnings credits (or losses) that track the investment performance of the Investment Options and/or Common Stock in accordance with Article V.

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

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

  • Deferral means the amount or amounts of a Participant’s Compensation deferred under the provisions of Section 3.

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • Program participant means an individual certified by the secretary as a program participant under Iowa Code section 9E.3.

  • Active Participant means, with respect to any day or date, a Participant who is in Service on such day or date; provided, that a Participant shall cease to be an Active Participant (i) immediately upon a determination by the Committee that the Participant has ceased to be an Employee or Independent Contractor, or (ii) at the end of the Plan Year that the Committee determines the Participant no longer meets the eligibility requirements of the Plan.

  • Top Heavy Plan Year means a Plan Year during which the Plan is a Top Heavy Plan.

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Deferral Date means the date Fees would otherwise have been paid to the Participant.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Plan Year(s means the approximate twelve-month periods between annual meetings of the shareholders of the Company, which, for purposes of the Plan, are the periods for which annual retainers are earned.