Compensation

Example Definitions of "Compensation"
Compensation. Means, with respect to each Participant, the Participant's cash compensation for services rendered, as applicable, including hourly wages, salary, overtime pay, bonuses, commissions, differential pay, bereavement pay, payments for jury duty service, leave/vacation/paid time off, miscellaneous earnings paid in cash, referral pay, retroactive pay, training pay, and other amounts received paid in cash for personal services actually rendered in the course of employment with the Company or any... Designated Subsidiary, to the extent that the amounts are includible in gross income. The term "Compensation" shall not include the following: i. Contributions (other than elective contributions described in Section 402(e)(3), 408(k)(6), 408(p)(2)(A)(i), or 457(b) of the Code) made by the Company or any Designated Subsidiary to a plan of deferred compensation (including a simplified employee pension described in Section 408(k) of the Code or a simple retirement account described in Section 408(p) of the Code, and whether or not qualified) to the extent that the contributions are not includible in the gross income of the Employee for the taxable year in which contributed. In addition, any distributions from a plan of deferred compensation (whether or not qualified) are not considered as "Compensation" under the Plan, regardless of whether such amounts are includible in the gross income of the Employee when distributed. ii. Amounts realized from the exercise of a stock option, or when restricted stock or other property held by an Employee either becomes freely transferable or is no longer subject to a substantial risk of forfeiture. iii. Amounts realized from the sale, exchange, or other disposition of stock acquired under a statutory stock option (as defined in Treasury Regulation Section 1.421-1(b)). iv. Other amounts that receive special tax benefits, such as premiums for group-term life insurance or amounts that would have been received and includible in gross income but for an election under Section 125(a) of the Code. v. Amounts reimbursed for relocation and tuition expenses (whether or not such amounts are includible in gross income of the Employee when reimbursed). vi. Other items of remuneration that are similar to any of the items listed in paragraphs (i) through (v) of this Section 2(g). View More Arrow
Compensation. Wages and salary but exclusive of overtime pay and regularly paid wage premiums (such as evening or shift premiums), commissions, income from equity compensation awards, bonuses, contributions to other plans, and other compensation, unless otherwise determined by the Administrator. The Committee shall have the discretion to determine the application of this definition to employees outside the United States.
Compensation. Shall mean, unless otherwise required by the applicable Local Law, regular fixed basic gross compensation. "Compensation" does not include, unless otherwise required by the applicable Local Law: (i) any bonus, overtime payment, contribution to an employee benefit plan or other similar payment or contribution; (ii) amounts realized from the exercise, sale, exchange or other disposition of a stock option or sale, exchange or other disposition of a stock acquired under a stock option; (iii)... amounts realized from restricted stock, restricted stock units or other equity compensation awards; (iv) moving allowances, automobile allowances, tuition reimbursement, financial/tax planning reimbursement, lunch vouchers, house allowances, and other allowances that receive special tax benefits, other extraordinary compensation, including tax "gross-up" payments, and imputed income from other employer-provided benefits; and (v) other amounts that receive special tax benefits, such as, but not limited to, premiums for group term life insurance or contributions made by the Employer (whether or not under salary reduction agreement) or mandatory payments made by the Employer to the Employee under Local Law. View More Arrow
Compensation. An Eligible Employee's base straight time gross earnings, but exclusive of payments for incentive compensation (including commissions and bonuses), equity compensation and other similar compensation
Compensation. Means (i) the total compensation paid in cash to a Participant by a Participating Company, including salaries, wages, bonuses, incentive compensation, commissions, overtime pay and shift premiums, plus (ii) any pre-tax contributions made by the Participant under Section 401(k) or 125 of the Code. "Compensation" will exclude all non-cash items, moving or relocation allowances, cost-of-living equalization payments, car allowances, tuition reimbursements, imputed income attributable to cars or... life insurance, severance pay, fringe benefits, contributions or benefits received under employee benefit plans, income attributable to the exercise of stock options, and similar items. The Committee will determine whether a particular item is included in Compensation. View More Arrow
Compensation. Includes an Eligible Employee's base straight time gross earnings plus incentive compensation
Compensation. Includes an Eligible Employee's base straight time gross earnings plus incentive compensation (including bonus and commissions). The Administrator, in its discretion, may, on a uniform and nondiscriminatory basis, establish a different definition of Compensation for a subsequent Offering Period. Further, the Administrator shall have discretion to determine the application of this definition to Participants outside the United States
Compensation. The fixed salary or base wage paid by the Company or a Participating Subsidiary to a Participant as reported by the Company or a Participating Subsidiary, as applicable, to the United States government for income tax purposes, including bonuses and commissions and an Employee's portion of salary deferral contributions pursuant to Section 401(k) of the Code and any amount excludable pursuant to Section 125 of the Code, overtime, vacation pay, holiday pay, jury duty pay and funeral leave pay, but... excluding education or tuition reimbursements, imputed income arising under any group insurance or benefit program, travel expenses, business and relocation expenses, and income received in connection with stock options or other equity-based awards View More Arrow
Compensation. Shall mean the regular salary of a Participant from the Company or a Designated Subsidiary. Compensation shall be determined prior to the Employee's pre-tax contributions pursuant to Section 125 and Section 401(k) of the Code, and shall exclude bonuses, compensation from the exercise of stock options or from non-taxable fringe benefits provided by the Company or a Designated Subsidiary.
Compensation. Shall mean all base straight time gross earnings, commissions, bonuses, overtime and shift premiums, but exclusive of payments for any other compensation. The Administrator may establish, in its discretion and on a uniform and nondiscriminatory basis, a different definition of Compensation prior to an applicable Offering Date, which definition may vary among participants who are participating in separate Offering Periods or the Non-423(b) Component of the Plan.
All Definitions