Neiman Marcus 2005 Annual Report Download - page 172
Download and view the complete annual report
Please find page 172 of the 2005 Neiman Marcus annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162 -
163 -
164 -
165 -
166 -
167 -
168 -
169 -
170 -
171 -
172 -
173 -
174 -
175 -
176 -
177 -
178 -
179 -
180 -
181 -
182 -
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
 |
 |
percent, of all Base Pay that is payable to the individual for services to be performed after such election (or, if later, after the
date he or she becomes an Eligible Employee). Any such election shall be irrevocable as of the date that is 30 days after the
date the employee first became an Eligible Employee and shall be effective with respect to the first payroll period beginning
after the date the election is delivered to the Committee. Notwithstanding the preceding provisions of this paragraph, a
Participant may revoke or otherwise modify an existing election, or make a new deferral election, effective as of any January
1 subsequent to the date of such revocation, modified election, or new election, but only with respect to Base Pay earned
thereafter. Such revocation, modification or new election must be delivered to the Committee no later than the December 31
immediately preceding the effective date of the election (or such earlier date as the Committee may prescribe). The same
deferral percentage shall apply to each payment of Base Pay covered by the election.
(b) Bonuses. An individual who is an Eligible Employee may elect to defer a designated whole percentage,
not to exceed 15 percent, of any Bonus payable to the individual for Employer fiscal years ending after the date of the
election, by filing an irrevocable election with the Committee at least six months prior to the end of any such fiscal year.
Notwithstanding the preceding provisions of this paragraph, a Participant may revoke or otherwise modify an existing
election, or make a new deferral election, effective with respect to a Bonus to be paid for any fiscal year ending more than six
months subsequent to the date of such revocation, modified election, or new election.
(c) The provisions of paragraphs (a) and (b) to the contrary notwithstanding, in the event that an employee
receives a hardship distribution from the Savings Plan at a
8