Common use of Deferrals Clause in Contracts

Deferrals. The portion of the Compensation deferred by the Director as of the time the Compensation would have otherwise been paid to the Director.

Appears in 16 contracts

Sources: Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc), Director Deferred Compensation Agreement (Newmil Bancorp Inc)

Deferrals. The portion of the Compensation deferred by the Director on or after the Effective Date as of the time the Compensation would have otherwise been paid to the Director., and

Appears in 5 contracts

Sources: Director Elective Income Deferral Agreement (Cape Fear Bank CORP), Director Elective Income Deferral Agreement (Cape Fear Bank CORP), Director Elective Income Deferral Agreement (Cape Fear Bank CORP)