Recognized Compensation

Example Definitions of "Recognized Compensation"
Recognized Compensation. Means the dollar limitation pursuant to Section 402(g) of the Code for the Plan Year divided by the percentage set by the Committee in its sole discretion or such higher amount specified by the Committee from time to time.
Recognized Compensation. The dollar limitation pursuant to Code Section 402(g) for the Plan Year divided by seven percent (7%).
Recognized Compensation. The dollar limitation pursuant to Section 402(g) of the Code for this Plan Year divided by seven percent (7%), or such other percentage determined by the Committee in its sole discretion.
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