Compensation

Example Definitions of "Compensation"
Compensation. Means, with respect to each participant for each pay period, the full base salary or hourly compensation and any cash bonus paid to such participant. Except as otherwise determined by the Committee for all participants, "Compensation" does not include (i) commissions, overtime pay or shift premiums, (ii) any amount contributed on behalf of a participant to any pension plan or plan of deferred compensation, (iii) any automobile or relocation allowances (or reimbursement for any such expenses),... (iv) any amounts realized as compensation from the exercise of qualified or nonqualified stock options, (v) any amounts paid as a starting bonus or finder's fee, (vi) any amounts paid to a participant in the form of fringe benefits, such as health and welfare, hospitalization, and group life insurance benefits, or perquisites, or paid in lieu of such benefits, such as cash-out credits generated under a plan qualified under Code Section 125, or (vii) other similar forms of extraordinary compensation. View More Arrow
Compensation. The sum of (i) the Executive's annual rate of base salary on the last day the Executive was an employee of the Company (or if higher, the annual rate in effect on the date of the Change in Control) (the "Annual Salary"), and (ii) an annual cash bonus amount determined by multiplying (A) the Executive's Annual Salary, times (B) the Executive's annual cash bonus target percentage for the year of termination of employment, times (C) the highest annual cash bonus multiplier used to determine the... Executive's annual cash bonus at any time during the 3 years preceding the year in which the termination of employment occurs (such annual cash bonus, as determined pursuant to this subsection (e), the "Annual Bonus"); provided, however, that any reduction in annual rate of base salary that would constitute a Constructive Discharge hereunder shall be disregarded for purposes of determining the Executive's Annual Salary. View More Arrow
Compensation. Means, except as provided in the following sentence, the total amount paid to an Employee during a calendar year in the form of salary, commissions, overtime pay, finder's fees and bonuses (including corporate executive bonus, merit bonus, institutional bonus, branch manager's bonus or total production bonus); plus the amount of salary reduction as a result of an election pursuant to a plan or plans governed by Section 401(k), Section 132(f)(4) or Section 125 of the Code. Notwithstanding the... above, Compensation shall not include: (1) amounts attributable to other sources such as, for example, contest awards, reimbursement of moving expenses, life insurance premiums, tuition reimbursements, and amounts attributable to stock options or restricted stock; or (2) any payment characterized as deferred compensation for purposes of Section 404 of the Code (either when earn ed or when paid). View More Arrow
Compensation. Shall mean with respect to an Employee, such Employee's gross cash compensation (including wage, salary, bonus, commission and overtime earnings) paid by the Corporation to an Employee in accordance with the terms of employment, but excluding all bonus payments, expense allowances, and compensation paid in a form other than cash, and with respect to a Director, such Director's fees for serving as a Director of the Corporation paid in the form of cash. The Committee shall have the authority to... determine and approve all forms of pay to be included in the definition of Compensation and may change the definition on a prospective basis. View More Arrow
Compensation. Means the total cash remuneration a Participant receives during an Exercise Period as salary or wages, including overtime pay and bonuses and excluding all other forms of remuneration.
Compensation. The salary and bonus paid to Executive in 2004, including all amounts of regular base salary which would have otherwise been paid to Executive by the Company, but payment of which was deferred by Executive pursuant to Sections 125 or 401(k) of the Internal Revenue Code of 1986, as amended, or pursuant to any nonqualified deferred compensation plan or arrangement of the Company.
Compensation. With respect to any Eligible Employee for any given calendar year the sum of (i) such person's compensation taken into account under the ESOP for such year, (ii) such person's compensation taken into account under the SSP for such year and (iii) such person's Eligible Compensation, if any, under this Plan for such year.
Compensation. Of an Employee shall mean compensation paid to an Employee by the Company or a Designated Subsidiary Corporation, including salary, wages, and commissions; but excluding overtime, shift premiums, incentive compensation, incentive payments, bonuses, the cost of employee benefits paid by the Company or a Designated Subsidiary Corporation, education or tuition reimbursements, imputed income arising under any Company or Designated Subsidiary Corporation group insurance or benefit program, travel... expenses, business and moving expense reimbursements, income received in connection with stock options, contributions made by the Company or any Designated Subsidiary Corporation under any employee benefit plan, and similar items of compensation. View More Arrow
Compensation. An amount equal to the sum of (A) plus (B), where (A) is the Executive's annualized base salary in effect immediately prior to the Change in Control, and (B) is the Executive's target annual cash incentive award for the calendar year in which the Date of Termination occurs.
Compensation. For the purpose of any Offering pursuant to this Plan, base pay in effect as of the Offering Commencement Date (as hereinafter defined). Base pay shall be determined prior to any salary reduction contributions under a cafeteria plan pursuant to Section 125 of the Code, any salary reduction amounts pursuant to a qualified transportation fringe benefit program pursuant to Section 132(f) of the Code, and any elective deferrals to a nonqualified deferred compensation plan and to a cash or deferred... plan pursuant to Section 401(k) of the Code. View More Arrow
All Definitions