Post-2004 Account definition

Post-2004 Account means a Participant’s subaccount to which Salary Deferrals and Matching Contributions are credited if not earned and vested by December 31, 2004, and any Credited Earnings with respect to such amounts.
Post-2004 Account means a sub-account established within a Participant’s Account pursuant to Section 6.1 to separately record the portion, if any, of a Participant’s Account which is attributable to Eligible Compensation that had been credited to such Account and which was earned or vested after December 31, 2004, and earnings thereon.
Post-2004 Account means the amount credited to the Participant’s Account minus the Participant’s Pre-2005 Account.

Examples of Post-2004 Account in a sentence

  • A Participant’s Post-2004 Account shall document the amounts deferred under the Plan by the Participant and any other amounts credited hereunder on and after January 1, 2005, plus earnings thereon.

  • However, if terminated, the Post-2004 Account shall be paid to the Executive in a single sum pursuant to the rules set forth in Treas.

  • In respect of any Participant who had an Account to which deferred Eligible Compensation had been credited in respect of any Plan Year prior to 2005, such Account shall be bifurcated into two sub-accounts: the Pre-2005 Account and the Post-2004 Account.

  • Except as provided in Treasury Regulations, no acceleration in the time or schedule of any payment or amount scheduled to be paid from the Participant’s Post-2004 Account is permitted.

  • As for the Post-2004 Account, this Agreement may be amended or terminated, in whole or in part, upon the mutual agreement of the Executive and the Trust.


More Definitions of Post-2004 Account

Post-2004 Account means a Cash Account or Stock Unit Account containing amounts earned and deferred on or after January 1, 2005, and Restricted Stock Units granted after November 30, 2006, the receipt of which a Director has elected to defer.
Post-2004 Account means the balance in a Participant’s Post-2004 Deferral Account, Post-2004 Company Match Account, Post-2004 Company Match Make-Up Account and Company RSA Account.
Post-2004 Account means the remainder of a Participant's Account after subtracting the amount of the Pre-2005 Account.
Post-2004 Account means a Participant’s account to which deferred Stock units that were earned or vested within the meaning of Code Section 409A and the regulations thereunder after 2004 are credited.
Post-2004 Account means an Account (or subaccount thereof) established with respect to sums deferred or credited and/or becoming vested and nonforfeitable after December 31, 2004, including interest credited thereto as provided in Section 3.3 hereof.
Post-2004 Account means a subaccount of the Participant’s Account Balance which shall contain all amounts therein that were credited or first vested on or after January 1, 2005, plus the investment experience thereon, as credited or debited under Section 3.9 of the Plan.
Post-2004 Account means the bookkeeping account established by the Corporation to which are credited Bonus Deferrals, and notational earnings and losses thereon, for Bonus Deferrals that were earned and vested, and deferred to the Plan, after December 31, 2004.