Compensation

Compensation. All remuneration for personal services paid a Participant by the Company during a Plan Year, including discretionary or incentive bonus or other extra compensation and all employee contributions under the Angelica Corporation Retirement Savings Plan, the Angelica Corporation Deferred Compensation Option Plan for Directors and the Angelica Corporation Deferred Compensation Option Plan for ... Selected Management 2 Employees, whether or not such contributions constituted taxable income to the Participant, but excluding any matching contributions in cash and/or Company stock made by the Company on behalf of the Participant under an incentive, stock or nonqualified deferred compensation plan maintained by the Company, any contractual bonus committed in connection with the acquisition of any business by the Company, any costs of this plan, any amount contributed by the Company for the benefit of such Participant to any pension or profit sharing plan (including the Federal Social Security Program), any amount paid by the Company on behalf of such Participant for life, accident, health or medical insurance or for any other so-called 'fringe benefits,' or any reimbursement (directly or indirectly) of expenses, or any expense paid on behalf of such Participant. View More

Compensation. Shall mean the base salary or base wages paid to an Employee by the Company or Designated Subsidiary while a Participant, excluding all other forms of remuneration.

Compensation. Shall mean for purposes of Article 4 (Contributions) wages as defined in Section 3401(a) of the Code and all other payments of compensation to an employee by the employer (in the course of the employers trade or business) for which the employer is required to finish the employee a written statement under Section 6041(d) and 6051(a)(3) of the Code, excluding any items elected by the Employer in Section 1.4, reimbursements or other expense allowances, fringe benefits (cash and non-cash), moving... expenses, deferred compensation and welfare benefits, but including amounts that are not includable in the gross income of the Participant under a salary reduction agreement by reason of the application of Sections 125, 402(e)(3), 402(h), or 403(b) of the Code. Compensation must be determined without regard to any rules under Section 3401(a) of the Code that limit the remuneration included in wages based on the nature or location of the employment or the services performed (such as the exception for agricultural labor in Section 3401(a)(2) of the Code). Notwithstanding the foregoing, Compensation shall not include employee referral awards or severance payments. Compensation shall generally be based on the amount that would have been actually paid to the Participant during the Plan Year but for an election under Section 4.1. In the case of any Self-Employed Individual or an Owner-Employee Compensation shall mean the Individual's Earned Income. View More

Compensation. Means all cash compensation, to include regular straight time gross earnings, overtime, shift premium, cash bonuses and commissions.

Compensation. Shall mean the following items paid to an Eligible Employee by the Company and/ or one or more Corporate Affiliates during such individual's period of participation in the Plan: (i) regular base salary, and (ii) any pre-tax contributions made by the Eligible Employees to any Code Section 401(k) plan, any Code Section 125 Plan, any unfunded non-qualified deferred compensation plan described in Sections 201(2), 301(a)(3) or 401(a)(1) of ERISA, and (iii) all overtime payments,... bonuses, commissions, profit-sharing distributions and other incentive type payments. There shall be excluded any contributions (except 401(k) and 125 contributions) made on the Eligible Employee's behalf by the Company or Corporate Affiliate. View More

Compensation. All base straight time gross earnings, bonuses and 50% of commissions but exclusive of payments for incentive compensation, overtime, shift premium and other compensation.

Compensation. Shall mean all base salary and straight time gross earnings and commissions, as well as any payments for overtime and any cash bonuses, but shall not include any other form of incentive compensation, incentive payments, stock option, perquisites or other compensation.

Compensation. All gross cash compensation (including wage, salary, incentive, bonus, commission and overtime earnings) paid by the Company or any Participating Subsidiary to a Participant, including amounts that would have constituted compensation but for a Participant's election to defer or reduce compensation pursuant to any deferred compensation, cafeteria, capital accumulation or any other similar plan of the Company; provided, however, that the Committee, in its sole discretion, may expand or limit the... amounts that will be deemed compensation for purposes of the Plan in such manner as it deems appropriate. View More

Compensation. The amount of base pay reportable on the employee's Federal Income Tax Withholding Statement, excluding overtime, incentive or bonus awards, allowances and reimbursements for expenses such as relocation expenses or travel expenses, income or gains on the exercise of Company stock options, and similar items, whether or not shown on the employee's Federal Income Tax Withholding Statement.

Compensation. Shall mean either (i) all base straight time gross ------------ earnings including any amounts contributed by the Employee to the Company's 401(k) Plan and the Company's flexible benefits plan from compensation otherwise payable to the Employee by the Company, but exclusive of sales commissions, payments for overtime, shift premiums, incentive compensation, incentive payments and bonuses ("Base Salary"), or (ii) all cash compensation reportable on Form W-2, including, without... limitation, base straight time gross earnings, sales commissions, payments for overtime, shift premiums, incentive compensation, incentive payments and bonuses, plus any amounts contributed by the Employee to the Company's 401(k) Plan and the Company's flexible benefits plan from compensation otherwise payable to the Employee by the Company ("Cash W-2 Compensation"), as determined by the Board from time to time and communicated to Employees prior to the commencement of the applicable Offering Period. Compensation shall initially be determined to be Base Salary. View More