Elective Deferral Account

Example Definitions of "Elective Deferral Account"
Elective Deferral Account. That bookkeeping record established for each Participant who elects to defer his or her Retainer Fee, Stock Award, or both for a Deferral Year. An Elective Deferral Account is established only for purposes of measuring that portion of a Deferred Stock Benefit attributable to deferred Retainer Fees, Stock Awards, or both and not to segregate assets or to identify assets that may or must be used to satisfy a Deferred Stock Benefit. An Elective Deferral Account will be credited with the... Participant's Compensation deferred according to a Deferral Election Form and according to section 6 of this Plan. An Elective Deferral Account will be credited periodically with amounts determined under subsection 6(b) of this Plan. View More
Found in SUNTRUST BANKS INC contract
Elective Deferral Account. Means a separate account maintained for each Participant to record the Elective Deferrals made to the Plan pursuant to Section 5 and all earnings and losses allocable thereto.
Found in BCB BANCORP INC contract
Elective Deferral Account. The Account to which shall be credited Elective Deferrals and related Investment Earnings.
Found in P. H. Glatfelter Company contract
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