Salary Deferral Arrangement definition

Salary Deferral Arrangement means a salary deferral arrangement as defined in the Canadian Tax Act.
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Salary Deferral Arrangement means an arrangement authorized by the Committee and entered into between the Company and a Participant pursuant to which a Participant may elect to specify a reduction in his or her base compensation, the amount of which reduction will be invested in Deferral Shares.
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Examples of Salary Deferral Arrangement in a sentence

  • These modifications are made to the Plan with the intention that the Plan be compliant with the Salary Deferral Arrangement rules in Canada.

  • Any Restricted Share Units issued to Canadian Taxpayers shall be structured such that they will not constitute a "Salary Deferral Arrangement" for the purposes of the Tax Act.

  • Any Options granted to Canadian Taxpayers that are not Section 7 Options shall be such that they will not constitute a "Salary Deferral Arrangement" for the purposes of the Tax Act.

  • Share Appreciation Rights granted to Canadian Taxpayers shall be structured such that they will not constitute a "Salary Deferral Arrangement" for the purposes of the Tax Act.

  • Any Unrestricted Share Units issued to Canadian Taxpayers shall be structured such that they will not constitute a "Salary Deferral Arrangement" for the purposes of the Tax Act.

Related to Salary Deferral Arrangement

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

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Plan Year means the calendar year.

  • Deferral Amount means the sum of all of a Participant's Annual Deferral Amounts.

  • Retirement Benefit means the benefit set forth in Article 5.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.