Deferred Bonus. In addition to any other deferred bonus plan in which the Executive may be entitled to participate, the Executive may elect by written notice delivered to the Company at least 15 days prior to the commencement of any calendar year during the term of employment during which an annual cash bonus would otherwise accrue or to which it would relate (except that for calendar year.
Deferred Bonus Plan; : Vesting; Award; In 2010, Executive Directors were granted conditional awards of matching shares under the DBP. The performance period was January 1, 2010, to December 31, 2012. Given that the performance condition of the DBP is the same as for the 2010 LTIP, REMCO decided to release 175% of the.
The Company announces that it received notification that on 18 March 2019, PDMRs of the Company listed in the table below acquired ordinary shares in the Company released to them as a result of the vesting of an award of deferred shares under the Company’s 2015 bonus plan (“Deferred Shares”) Name of PDMR Role Number of deferred shares released under 2015 bonus scheme Ashley Almanza Chief.
A cash balance plan is becoming an increasingly appealing retirement savings option for health care professionals and other business owners seeking to catch up on retirement savings or even accelerate their retirement timeline. A cash balance plan is a type of defined benefit plan that allows an owner to determine the business's deduction and his or her own ability to defer income. These plans.
A deferred compensation plan withholds a portion of an employee’s pay until a specified date, usually retirement. The lump-sum owed to an employee in this type of plan is paid out on that date.
The Board of Phoenix (AIM:PGR; BCBA:PGR) announces that it has granted nil-cost conditional awards over a total of 1,772,368 ordinary shares representing approximately 0.06% of the Company's.
A Non-qualified Deferred Compensation (NDQC) plan is an arrangement where an employer promises to provide compensation to an employee in the future, typically at retirement. The employer can use the plan to provide extra benefits to key employees over and above the limitations on qualified plans such as 401k and profit sharing plans. These arrangements provide “golden handcuffs” on the key.
The deferred bonus may be “for” the original bonus year, or for the whole deferral period. If there is particular emphasis on the employee remaining in service at a future date, it may be for.