Compensation

Compensation. Shall mean all base straight time gross earnings, including bonuses and sales commissions, but excluding payments for overtime, shift premiums and commissions (other than sales commissions), awards, and other compensation.

Compensation. Shall mean the sum of (i) the Executive's annual rate of salary on the last day the Executive was an employee of the Company, including any elective contributions made by the Company on behalf of the Executive that are not includable in the gross income of the Executive under Section 125 or 402(e)(3) of the Code or any successor provision thereto, and including any amount of salary that has been deferred by the Executive, (ii) an award equal to the average of the amounts awarded to the... Executive under the PEC STIC or Short-Term Plan during the three years preceding termination of employment, and (iii) the economic equivalent value of any awards received by Executive under the Long-Term Plan in the calendar year preceding termination of employment (as determined in good faith by the Compensation Committee). View More

Compensation. Shall mean (i) Executive's annualized Base Salary in effect at Executive's Termination Date (or immediately before a Change of Control, if greater), plus (ii) the target annual bonus in effect for Executive for the year in which the Termination Date occurs (or the year in which a Change of Control occurs, if greater), together with (iii) all salary reduction authorized amounts of such compensation under any of the Company's benefit plans or programs for such calendar year. "Compensation" shall... not include the value of any long-term incentive compensation, restricted stock or stock options or any exercise thereunder. View More

Compensation. Means the Executive's annual compensation, comprised of base salary, any cash bonus and the value of any stock bonus award, for the calendar year immediately preceding the year in which an Incentive Payout vests hereunder.

Compensation. Shall mean any retainer fees, meeting fees and any other director fees, payable in the form of cash by the Company as consideration for services as a member of the Board.

Compensation. Means all Compensation, except bonuses.

Compensation. Means, except as otherwise provided below, all amounts received by a Participant from an Employer which are basic salary or wages, bonus, overtime payments, vacation, holiday and paid personal time or commissions, without giving effect to any reduction of compensation resulting from pre-tax saving contributions under a cash or deferred arrangement under Section 401(k) of the Code or any salary reduction arrangement pursuant to Section 125 of the Code, but will not include any Employer... contributions to Social Security, other contributions to this or any other welfare benefit or deferred compensation plan or program, severance pay, stock options, disability income payments which are not paid through the Employer's payroll system, relocation expense reimbursement, or the value of any other fringe benefits provided at the expense of the Employer. The Compensation taken into account for a Participant 1 for a Plan Year will include compensation in excess of the limit under Section 401(a)(17) of the Code. View More

Compensation. All regular straight-time earnings, commissions, bonuses paid under incentive plans, overtime, shift differentials and premium pay, but excluding severance payments, extraordinary bonuses (e.g., spot bonuses), allowances, contest awards and other similar payments determined in a manner consistent with the requirements of Section 423 of the Code.

Compensation. Compensation means the Executive's annual rate of total cash compensation as in effect on January 1 of any year of an election to increase the Amount.

Compensation. Means the total annual cash remuneration (before taxes) which an Eligible Employee receives as salary or wages, including base pay, payments for overtime, shift premium, bonuses, holiday pay, paid time off, short-term disability and other similar remuneration (grossed-up to reflect salary deferrals, if any, under Section 401(k) plans, Section 125 cafeteria plans, Section 132 plans and other qualified and nonqualified elective deferrals). Compensation shall not include other cash or non-cash... remuneration such as payments under this or any other form of equity or fringe benefit program, expense reimbursements, allowances and payments attributable to foreign assignments, long-term disability and workers' compensation payments, and lump-sum payments due to death, termination of employment or layoff. View More