Deferred Compensation Account

Example Definitions of "Deferred Compensation Account"
Deferred Compensation Account. An account maintained for each director who makes a deferral election as described in Section 4.
Deferred Compensation Account. An Means an account maintained for each director Director who makes a deferral election as described in Section 4.
Deferred Compensation Account. An account maintained for each director Non-Employee Director who makes a deferral election as described in Section 4
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Deferred Compensation Account. Means the individual account established pursuant to Section 5 hereof, to which a Participant's Deferred Awards are credited.
Deferred Compensation Account. Shall mean the account established and maintained by the Company on its books for each Participant and to which a Participant's deferred compensation shall be recorded. The Company shall credit to such Deferred Compensation Account all amounts described in Section 3 of the Plan. Notwithstanding the foregoing, each Participant's Deferred Compensation Account shall be solely a memorandum account, and title to and beneficial ownership of the amounts recorded to each Deferred Compensation Account... shall at all times remain with the Company. The effect of participation in the Plan is simply to create an unfunded and unsecured promise to pay deferred compensation to the Participant or the Participant's Beneficiary pursuant to the terms of the Plan. Nothing contained in the Plan and no deferral payment pursuant to this Plan shall by itself create or be construed to create a trust or fiduciary relationship of any kind between the Company and any Participant or the Participant's Beneficiary or any other person. View More Arrow
Deferred Compensation Account. Shall mean a notional account established and maintained by the Company for a Participant which shall record the deemed investment in LLC Class A Units with respect to each Participant under Section 4.1 below. This notional account shall be established by the Company for bookkeeping purposes only, and no separate funds shall be segregated by the Company for the benefit of the Participant.
Deferred Compensation Account. Means the account established by Company to record the Participant's deferral of Compensation and any earnings thereon.
Deferred Compensation Account. Shall mean an unfunded account established by the Company for the benefit of Executive in accordance with Section 4.
Deferred Compensation Account. The accounts maintained on the books of the Employer for each Participant.
Deferred Compensation Account. As to any Director, the separate account maintained on the books of PG&E CORP in accordance with Section 6(a) in order to reflect his or her interest under the Plan. Accounts shall be centrally administered by the Plan Administrator or its designee
Deferred Compensation Account. The bookkeeping account established for each Non-Employee Director for purposes of measuring his or her Deferred Benefit and shall include subaccounts for Deferred Benefits that are to be paid at different times and/or in a different manner.
Deferred Compensation Account. Or "Accounts" means the separate account established under the Plan for each Participant, as described in Section 4.1
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