Compensation

Example Definitions of "Compensation"
Compensation. All regular straight time earnings, payments for overtime, shift premium, cash incentive compensation, cash incentive payments, cash bonuses and commissions (except to the extent that the exclusion of any such items for all participants is specifically directed by the Board or its committee). The Administrator shall have the discretion to determine what constitutes Compensation for Employees under the Plan, but for purposes of Employees participating in the Code Section 423 Plan Component, such... determination will be applied on a uniform, non-discriminatory basis View More Arrow
Compensation. A Participant's base wages, overtime pay, commissions, cash bonuses, premium pay and shift differential, before giving effect to any compensation reductions made in connection with plans described in Sections 401(k) or 125 of the Code
Compensation. All base regular earnings and overtime pay, exclusive of commissions, incentive compensation, incentive payments, bonuses, expense reimbursements, fringe benefits and other compensation
Compensation. Means the total amount of compensation (within the meaning of Section 415(c) (3) of the Code, and subject to the limitation of Section 401(a) (17) of the Code) received by an employee from the Employer while an Eligible Employee under the Plan during the Plan Year. An Eligible Employee's Compensation for a Plan Year includes all Pre-Tax Savings made to the plan for the Plan Year, and all other such employee savings made by the Employer for the Plan Year to any other plan on behalf of the... employee that are not currently includible in the gross income of the employee under Sections 125, 132(f)(4), 402(a)(8), 402(h) or 403(b) of the Code, provided that Alcoa has elected to treat all such elective contributions as compensation with respect to all employees under all plans of the Participating Employer. In applying the limitation of Section 401(a) (17) of the Code, effective January 1, 1997, the family aggregation rules under this Appendix no longer apply. View More Arrow
Compensation. Shall mean the Employee's base salary, plus the April bonus, if any, for the applicable Plan Year, but excluding any commissions or compensation received as an employee of an employer prior to the Company acquiring a controlling ownership interest in the employer.
Compensation. The basic or regular rate of compensation
Compensation. As defined in the US Foods 401(k) Plan, as may be amended from time to time
Compensation. For any Eligible Employee, for any Offering Period, the Participant's total cash compensation received during the respective period, including salary and commissions where applicable, and bonuses or cash incentive awards that pay out during the Offering Period; provided, however, that Compensation does not include (i) any cash payments in settlement of units granted under the EBI Plans, or (ii) items such as non-cash compensation, reimbursement of moving, travel, trade or business expenses, or... cash payments in lieu of vacation, sick or personal days View More Arrow
Compensation. An Eligible Employee's base salary and any Cash Bonus payable by the Company to an Eligible Employee for services performed for the Company
Compensation. Compensation as defined in Article I of the VIP as amended from time to time, such definition to be incorporated herein by reference, except that (i) the Code Section 401(a)(17) limit specified therein shall not be part of the Compensation definition for purposes of this Plan, and (ii) for purposes of determining the amount of a Participant's Deferrals and Retirement Contributions (but not Company Match) for a Plan Year, Deferrals a Participant makes to this Plan during such Plan Year shall be... included in Compensation. Notwithstanding any provision in the Plan to the contrary, for purposes of Deferrals and Company Match, Compensation shall not include (1) Performance-Based Compensation if a Participant is hired after the Company establishes the performance criteria for such Performance-Based Compensation and (2) Compensation that is based on performance criteria but is not Performance-Based Compensation. View More Arrow
All Definitions