Example ContractsClausesdeferral of retainersVariants
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Elective Deferral Credit. The Plan Administrator shall credit to the Account of each Participant the amount, if any, of the Retainer the Participant elected to defer pursuant to this [Section 2]. Such amount shall be credited as nearly as practicable as of the time or times when the Retainer would have been paid to the Participant but for the election to defer.

Elective Deferral Credit. The Plan Administrator shall credit to the Account of each Participant the amount, if any, of the RetainerEligible Compensation the Participant elected to defer pursuant to this [Section 2]. Such amount shall be credited as nearly as practicable as of the time or times when the RetainerEligible Compensation would have been paid to the Participant but for the election to defer.

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