Salary Deferral definition

Salary Deferral means the total amount deferred by the Participant from Compensation under Article III.

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Salary Deferral or “Salary Deferral Amount” means the dollar amount or percentage of Salary which a Participant elects to defer by making a Salary Deferral Election pursuant to Article III.

Salary Deferral means a salary deferral pursuant to Section 5.01 of the Chiron 401(k) Plan.

Examples of Salary Deferral in a sentence

However, they shall not be entitled to elect to have Salary Deferral Contributions made or to share in Employer Contributions or forfeitures unless and until they have met the requirements for eligibility, contributions and allocations.
Unless otherwise elected in the Adoption Agreement, Compensation shall include any amount deferred under a Salary Deferral Agreement which is not includible in the gross income of a Participant under Code Section 125 in connection with a cafeteria plan, Code Section 402(e)(3) in connection with a cash or deferred plan, Code Section 402(h)(1)(B) in connection with a Simplified Employee Pension Plan, and Code Section 403(b) in connection with a tax-sheltered annuity plan.
I understand and agree that UNC will consider this Salary Deferral Agreement in effect through the remainder of this calendar year and will remain in effect until I notify my employer, in writing, that I wish to change the amount of my salary deferrals or the allocation of such salary reductions between pre-tax and ▇▇▇▇ after-tax reductions.
If no Salary Deferral Contributions are made for an eligible Employee, the Actual Deferral Ratio that shall be included for him in determining the Actual Deferral Percentage is zero.
A person who is suspended from making Salary Deferral Contributions because he has made a withdrawal is an eligible Employee.

More Definitions of Salary Deferral

Salary Deferral means the portion of Salary deferred by a Participant under Section 4.3(a) for a Plan Year.

Salary Deferral means an election by a Participant to defer the receipt of Salary in accordance with the requirements of Article III of this Plan.

Salary Deferral means the Base Salary amount elected by an Employee Participant to be deferred as part of a Compensation reduction agreement pursuant to Section 3.1 of the Plan.

Salary Deferral means the portion of Eligible Base Salary which is deferred by a Participant under Section 4.1 with respect to a Plan Year.

Salary Deferral means the amount or percentage of a Participant's --------------- Salary that the Participant has elected to defer pursuant to Article III.

Salary Deferral means the amounts withheld from an Employee Participant’s base salary for the applicable Participation Year, as described in Section 3.1(a) of Program A.

Salary Deferral means the total amount deferred by the Participant from his or her Base Compensation under Article III and from his or her Bonus under Article IV.