Compensation

Compensation. The Participant's base pay as reflected on the Company's payroll records, excluding all other types of remuneration such as, but not limited to, Bonus Compensation or any benefits or special allowances

Compensation. An Eligible Employee's base straight time gross earnings, commissions, bonus and other incentive compensation, and payments for overtime

Compensation. Shall mean the regular rate of salary or wages received by the Employee from the Company or a Designated Subsidiary that is taxable income for federal income tax purposes or applicable tax law, but excluding incentive compensation, incentive payments, bonuses, commissions, relocation, expense reimbursements, tuition or other reimbursements or compensation received from the Company or a Designated Subsidiary

Compensation. Means the aggregate amount of retainer and meeting fees paid to a Participant in consideration of his service on boards of the Bank, plus any amount by which such payments were reduced pursuant to the Participant's election under a Deferred Compensation Agreement by and between the Bank and the Participant.

Compensation. Compensation shall mean the total Board fees and retainer payable to a Director.

Compensation. The total remuneration paid by the Company to an Eligible Individual for services provided to the Company in respect of a Fiscal Year, including, without limitation, base salary, guaranteed minimum base payments, Bonus Awards, commissions, sick pay and short-term disability pay (to the extent paid from payroll), and amounts contributed by or on behalf of the Eligible Individual to any retirement plan or simplified employee plan of the Company. Notwithstanding the foregoing, an Eligible... Individual's Compensation shall exclude short-term disability pay not paid from payroll, long-term disability pay, severance pay, welfare and fringe benefits (whether or not includible in the Eligible Individual's gross income), expense allowances and reimbursements (whether or not includible in the Eligible Individual's gross income), awards or income under the Equity Incentive Plan (other than Restricted Share Units issued under the Equity Incentive Plan pursuant to the terms of this Plan), and, with respect to an Eligible Individual who is a member of the Company, the Eligible Individual's distributive share, as a member, of the net income of the Company after payment of all compensation and other expenses of the Company. Notwithstanding the foregoing, an Eligible Individual's Compensation shall not include any amount paid or payable from an Account to such Eligible Individual during a Fiscal Year View More

Compensation. Of an Employee means the regular straight-time earnings or base salary and commissions paid to the Employee from the Company or any Designated Subsidiary on each Payday as compensation for services to the Company or any Designated Subsidiary before deduction for any salary deferral contributions made by the Employee to any tax-qualified or nonqualified deferred compensation plan of the Company or any Designated Subsidiary, but excluding all overtime payments, bonuses and other incentive-type... payments, education or tuition reimbursements, imputed income arising under any Company or Designated Subsidiary group insurance or benefit program, travel expenses, business and moving reimbursements, income received in connection with any stock options, restricted stock, restricted stock units or other compensatory equity awards and all contributions made by the Company or any Designated Subsidiary for the Employee's benefit under any employee benefit plan now or hereafter established. Such Compensation shall be calculated before deduction of any income or employment tax withholdings, but shall be withheld from the Employee's net income View More

Compensation. Means Employee's highest annual compensation for any calendar year in the three calendar years ending with the calendar year which includes the date of Employee's termination of employment with the Company, with Employee's compensation for any such calendar year in which Employee does not complete twelve (12) months of service being annualized on the basis of a twelve (12) month year. For purposes of determining Employee's "Compensation", Employee's annual compensation for any calendar year or... portion thereof shall be limited to Employee's base salary, automobile and other expense allowances, and bonus attributable to such calendar year regardless of when paid, before reductions for any amounts excludable from Employee's gross income for federal income tax purposes pursuant to Section 125 or Section 401(k) of the Code or under any nonqualified deferred compensation plan. Notwithstanding anything herein to the contrary, "Compensation" shall not include Employee's income from the grant or vesting of restricted stock, or from the grant, vesting, or exercise of stock options. View More

Compensation. As defined in the ITC Retirement Plan; provided, however, that for purposes of this Plan, "Compensation" shall be Executive's Normal Pay, any bonuses paid to Executive without restrictions, and compensation related to Executive's service with DTE, and shall be calculated without regard to any limitation imposed by Section 401(a)(17) of the Code. For purposes of compensation related to service with DTE, including all pay from other sources while placed on a suspension of employment, see Exhibit... B. View More

Compensation. The amount of money reportable on the employee's Federal Income Tax Withholding Statement, excluding overtime, shift premium, incentive or bonus awards, allowances and reimbursements for expenses such as relocation allowances for travel expenses, income or gains on the exercise of Company stock options or stock appreciation rights, and similar items, whether or not shown on the employee's Federal Income Tax Withholding Statement. Notwithstanding the foregoing, the Board of Directors or... Committee in its sole discretion from time to time may substitute another definition of compensation to be eligible to be taken into account under the Plan, provided that no such determination shall include or exclude any type or amount of Compensation contrary to the requirements of Section 423 of the Code View More