Deferral Account

Deferral Account. The account or subaccount established and maintained by the Company for specified deferrals by a Participant, as described in Section 6. A Deferral Account will be maintained solely as a bookkeeping entry by the Company to evidence unfunded obligations of the Company

Deferral Account. A bookkeeping account maintained by the Company for a Participant in accordance with Section 6, representing the amount the Participant is entitled to receive pursuant to this Plan. The "Deferral Account" is made up of both a "Cash Account" and a "Stock Unit Account"

Deferral Account. A bookkeeping account maintained for a Participant to which is credited the amounts deferred under a Deferral Election or a Stock Option Gain Deferral Election, together with any increase or decrease thereon based on the earnings option(s) selected by the Participant or mandated by the Plan.

Deferral Account. The Participant's bookkeeping account that is credited with contributions by the Employer on or after the Restatement Date pursuant to the terms hereof, and is adjusted for any Deferral Account Earnings thereon.

Deferral Account. The account established pursuant to subparagraph 5(a) to record a Participant's Directors Fees.

Deferral Account. The account established by PSB Holdings or a Subsidiary, as the case may be, pursuant to subparagraph 5(a) to record a Participant's Directors Fees

Deferral Account. A hypothetical bookkeeping account established and maintained by the Company on behalf of a Participant pursuant to Section 7(a) to track the Deferred Portions of the Participant's Awards.

Deferral Account. Shall mean the recordkeeping account established and maintained by the Company in the name of a Participant as provided in Section 4(b) for compensation payable to a Participant pursuant to a Deferral Agreement.

Deferral Account. Shall mean the recordkeeping account, and any sub-accounts if determined by the Committee or the Plan Administrator to be necessary or appropriate for the proper administration of the Plan, established and maintained by the Company in the name of a Participant as provided in Section 4(c) for compensation payable to a Participant pursuant to a Deferral Agreement.

Deferral Account. Shall mean the recordkeeping account, and any sub-accounts that are determined by the Committee to be necessary or appropriate for the proper administration of the Plan, that are established and maintained by the Company in the name of a Participant as provided in Section 4(b) for compensation payable to a Participant pursuant to a Deferral Agreement. As the context requires, a reference to a Deferral Account shall include, if applicable, any subaccount thereof.