Compensation Definition Example with 4 Variations

This page contains an example definition of Compensation, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Compensation. A Participant's salary, commission, bonus, and other payments for personal services rendered by a Participant to the Company during a calendar year, determined prior to giving effect to any deferral election under this Plan or any incentive compensation plan sponsored by the Company. Compensation shall not include any amounts paid by the Company to a Participant that are not strictly in consideration for personal services, such as expense reimbursement, cost-of-living allowance, education... allowance, premium on excess group life insurance, or any Company contribution to the Pension Plan or any savings or 401(k) plan sponsored by the Company; the fact that an amount constitutes taxable income to the Participant shall not be controlling for this purpose. Compensation shall not include any taxable income realized by, or payments made to, an employee as a result of the grant or exercise of an option to acquire stock of the Company or as a result of the disposition of such stock, and shall not include compensation resulting from any stock option, stock bonus, restricted stock, phantom stock or similar long-term incentive plan. View More Arrow
Found in OFFICEMAX INC contract

Variations

Compensation. A Participant's salary, commission, bonus, Salary and other payments for personal services rendered by a Participant to the Company during a calendar year, determined prior to giving effect to any deferral election under this Plan or any incentive compensation plan sponsored by the Company. Bonus. Compensation shall not include any amounts paid by the Company to a Participant that are not strictly in consideration for personal services, such as expense reimbursement, reimbursements,... cost-of-living allowance, allowances, education allowance, premium allowances, premiums on excess group life insurance, or any Company contribution to the Pension Plan any defined benefit or any savings or 401(k) defined contribution plan sponsored by the Company; the fact that an amount constitutes taxable income to the Participant shall not be controlling for this purpose. Compensation shall not include any taxable income realized by, or payments made to, an employee a Participant as a result of the grant or exercise of an option to acquire stock of the Company OfficeMax stock, or as a result of the disposition of such stock, and shall not include compensation resulting from the acquisition, exercise, or vesting of any stock option, appreciation right, stock bonus, restricted stock, restricted stock units, phantom stock stock, performance stock, or similar long-term stock-based award under any incentive plan. plan sponsored by the Company, except to the extent the award is payable in cash or the Committee determines that the award shall be included in Compensation for purposes of this Plan. View More Arrow
Found in OFFICEMAX INC contract
Compensation. A Participant's salary, commission, bonus, bonus and other payments for personal services rendered by a Participant to the Company during a calendar year, determined prior to giving effect to any deferral election under this Plan or any incentive compensation plan sponsored by the Company. year. Compensation shall not include any amounts paid by the Company to a Participant that are not strictly in consideration for personal services, such as expense reimbursement, cost-of-living allowance,... education allowance, premium on excess group life insurance, or any Company contribution to the Pension Plan or any savings or 401(k) plan sponsored by the Company; Savings and Supplemental Retirement Plan, and the fact that an amount constitutes taxable income to the Participant shall not be controlling for this purpose. Compensation shall not include any taxable income realized by, or payments made to, an employee as a result of the grant or exercise of an option to acquire stock of the Company or as a result of the disposition of such stock, stock and shall not include compensation resulting from any stock option, stock bonus, restricted stock, phantom stock or similar long-term incentive plan. View More Arrow
Found in OFFICEMAX INC contract
Compensation. A Participant's salary, commission, bonus, and other payments for personal services rendered by a Participant to the Company during a calendar year, determined prior to giving effect to any deferral election under this Plan or any incentive compensation plan sponsored by the Company. year. Compensation shall not include any amounts paid by the Company to a Participant that are not strictly in consideration for personal services, such as expense reimbursement, cost-of-living allowance, education... allowance, premium on excess group life insurance, or any Company contribution to the Pension Plan or any savings or 401(k) plan sponsored by the Company; Savings and Supplemental Retirement Plan, and the fact that an amount constitutes taxable income to the Participant shall not be controlling for this purpose. Compensation shall not include any taxable income realized by, or payments made to, an employee as a result of the grant or exercise of an option to acquire stock of the Company or as a result of the disposition of such stock, stock and shall not include compensation resulting from any stock option, stock bonus, restricted stock, phantom stock or similar long-term incentive plan. plans such as the Company's Performance Share Plan. 2 View More Arrow
Found in OFFICEMAX INC contract
Compensation. A Participant's salary, commission, bonus, Salary and other payments for personal services rendered by a Participant to the Company during a calendar year, determined prior to giving effect to any deferral election under this Plan Bonus. Compensation (either Salary or any incentive compensation plan sponsored by the Company. Compensation Bonus) shall not include any amounts paid by the Company to a Participant that are not strictly in consideration for personal services, such as expense... reimbursement, cost-of-living allowance, education allowance, premium on excess group life insurance, or any Company contribution to the Pension Plan or any savings or 401(k) plan sponsored by the Company; the fact that an amount constitutes taxable income to the Participant shall not be controlling for this purpose. Compensation shall not include any taxable income realized by, or payments made to, an employee as a result of the grant or exercise of an option to acquire stock of the Company or as a result of the disposition of such stock, and shall not include compensation resulting from the acquisition, exercise, or vesting of any stock option, appreciation right, stock bonus, restricted stock, phantom stock stock, performance stock, or similar long-term stock-based award under any of the Company's incentive plan. plans, except to the extent (i) the award is payable in cash, or (ii) the Committee determines that the award shall be included in Compensation for purposes of this Plan. View More Arrow
Found in BOISE CASCADE HOLDINGS, L.L.C. contract
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