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This excerpt taken from the PBI 10-K filed Mar 13, 2006. Deferral Account. Deferral Account means the total of all Sub-Accounts maintained on the books of the Company by the Administrative Committee for each Participant to reflect deferral of Eligible Compensation, adjusted for hypothetical gains, earnings, dividends, losses, distributions, withdrawals and other similar activity other than gains with respect to stock options granted pursuant to deferrals made under the Plan.
Section 2.14 |
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