Eligible Earnings

Eligible Earnings. The annual base rate of cash compensation, excluding discretionary or contractual bonuses, actual commissions/bonus payments paid to commissioned employees pursuant to an incentive plan, Bonuses, Target Bonuses, payments under the Hewlett-Packard Company Employee Benefits Organization Income Protection Plan and the Hewlett-Packard Company Supplemental Income Protection Plan, or any other additional compensation. Eligible earnings may be modified in accordance with... local law or requirements. View More

Eligible Earnings. The aggregate regular earnings plus overtime earnings, if any, received by an Eligible Employee during the Plan Year.

Eligible Earnings. Means, for any calendar year, the sum of the employee's annual base salary as of January 1 of such year plus the bonus earned during the prior calendar year. For purposes of computing benefits under this Plan, the Eligible Earnings to be used shall be the highest of the Eligible Earnings in the calendar year of termination or any of the four preceding calendar years. Eligible Earnings shall recognize any compensation deferred under the Executive Deferred Compensation Plan and treat such... compensation as if it were not deferred. View More

Eligible Earnings. Shall mean: (1) In the case of an Eligible Employee who is classified as management personnel, the Eligible Employee's gross earnings for the applicable fiscal year in a management position, multiplied by the Applicable Vesting Percentage. (2) In the case of an Eligible Employee who is classified as professional personnel, the Eligible Employee's gross earnings for the applicable fiscal year in a professional position, multiplied by the Applicable Vesting Percentage, and... further multiplied by 25%. Notwithstanding the above, Eligible Earnings shall in no event include any Bonuses or other compensation outside the scope of ordinary salary paid during the applicable fiscal year. View More

Eligible Earnings. (4) for purposes of clause (2) above, the amount of eligible earnings (determined in a manner consistent with the 2008 ICP and this clause (4)) shall be equal to the aggregate amount of the Employee Participant's earnings (which in general shall include the employee's base salary and additional compensation for overtime but not bonuses paid pursuant to the 2008 ICP or otherwise or other types of benefits or payments) paid for the period commencing July 1, 2008 and ending on the earlier of: (I)... the date of such Employee Participant's termination of employment, provided he is employed by Company as of the Effective Time, (II) December 31, 2008, if the Effective Time occurs on or before December 31, 2008 provided he is employed by Company as of December 31, 2008, and (III) the Effective Time, if the Effective Time occurs after December 31, 2008 provided he is employed as of the Effective Time (the "Eligible Earnings"); View More

Eligible Earnings. Base earnings and certain pay differentials for time worked in an eligible position during the Performance Year