NetSpend 2011 Annual Report Download - page 142

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meaning of Code section 3401(a) for purposes of income tax withholding at the source, plus amounts excludible from gross income
under section 125(a), 132(f)(4), 402(e)(3), 402(h)(1)(B), 402(k) or 457(b), without regard to rules that limit the remuneration included
in wages based on the nature or location of the employment or the services performed); provided, however, that, with respect to a
nonresident alien who is not a Participant in the Plan, compensation shall not include compensation that is not includible in the gross
income of the Employee under Code Sections 872, 893, 894, 911, 931 and 933, provided such compensation is not effectively
connected with the conduct of a trade or business within the United States.
Notwithstanding anything in this paragraph to the contrary: (i) if a different definition of compensation has been designated by the
Company with respect to another nonqualified deferred compensation plan in which a key employee participates, the definition of
compensation shall be the definition provided in Treas. Reg. Section 1.409A-1(i)(2), and (ii) the Company may through action that is
legally binding with respect to all nonqualified deferred compensation plans maintained by the Company, elect to use a different
definition of compensation.
In the event of corporate transactions described in Treas. Reg. Section 1.409A-1(i)(6), the identification of Specified Employees shall
be determined in accordance with the default rules described therein, unless the Employer elects to utilize the available alternative
methodology through designations made within the timeframes specified therein.
2.37
Specified Employee Identification Date. Specified Employee Identification Date means December 31, unless the Employer has
elected a different date through action that is legally binding with respect to all nonqualified deferred compensation plans maintained
by the Employer.
2.38
Specified Employee Effective Date. Specified Employee Effective Date means the first day of the fourth month following the
Specified Employee Identification Date, or such earlier date as is selected by the Committee in accordance with Code Section 409A.
2.39
Substantial Risk of Forfeiture. Substantial Risk of Forfeiture means the description specified in Treas. Reg. Section 1.409A-1(d).
2.40
Termination Account. Termination Account means an Account established by the Committee to record the amounts payable to a
Participant upon Separation from Service. Unless the Participant has established a Specified Date Account, all Deferrals and Company
Contributions shall be allocated to a Termination Account on behalf of the Participant.
2.41
Termination Benefit. Termination Benefit means the benefit payable to a Participant under the Plan following the Participant’s
Separation from Service prior to any Termination of the Plan (as described in Section 10.3).
7