NonQualified Deferred Compensation Grant

NonQualified Deferred Compensation Grant. Means additional remuneration to the Participant for his or her prior year fiscal service as a member of the Board made during the first quarter of the Company's fiscal year. Notwithstanding the foregoing, to the extent that a Participant is a Key Employee by virtue of being a member of the Board, the Participant's compensation shall be, for purpose of the elections under Section 2.4 of the Plan, the amount designated by the Company as a Non-Qualified Deferred Compensation Grant to that... Participant, which grant is additional remuneration to the Participant for his or her service as a member of the Board. View More