Reasonable compensation means, with respect to a regularly employed officer or employee of any person, com- pensation that is consistent with the normal compensation for such officer or employee for work that is not fur- nished to, not funded by, or not fur- nished in cooperation with the Federal Government.

Reasonable compensation shall have the same meaning as provided in Section 280G(b)(4) of the Code.

Examples of Reasonable compensation in a sentence

Reasonable compensation for reduced hours may be agreed on a case by case basis and will be no more than the severance payment that would have been received.
Reasonable compensation may also include payments to the Trust to provide coverage from a Benefit Plan for Trustees who elect such coverage.
MGA, Article 26.2: Unless otherwise agreed: - each of the joint owners shall be entitled to Exploit their jointly owned Results on a royalty-free basis, and without requiring the prior consent of the other joint owner(s), and - each of the joint owners may grant non-exclusive licenses to third parties to exploit jointly-owned Results (without any right to sub-license), if the other joint owners are given: (a) at least 45 calendar days advance notice; and (b)Fair and Reasonable compensation.
Reasonable compensation is defined by the Trustee’s published fee schedule in effect at the time its services are rendered.
Effective June 1, 2020 to May 31, 2021, One Dollar ($1) per hour; or such additional amounts as may be allocated by the Union from its June 1, 2020 to May 31, 2021 total economic adjustment package.

More Definitions of Reasonable compensation

Reasonable compensation means reasonable compensation for prior personal services as defined in Section 280G(b)(4)(B) of the Code and subject to the requirement that any such reasonable compensation must be established by clear and convincing evidence; and

Reasonable compensation shall have the same meaning as provided in Section 280G(b)(4) of the Code. The parties acknowledge and agree that, in the absence of a change in existing legal authorities or the issuance of contrary authorities, amounts received by Executive as damages under or as a result of a breach of this Agreement shall be considered Reasonable Compensation.

Reasonable compensation. The term "Reasonable Compensation" shall have the same meaning as provided in Section 280G(b)(4)

Reasonable compensation means, with respect to a regularly employed officer or employee of any person, compensation that is consistent with the normal compensation for such officer or employee for work that is not furnished to, not funded by, or not furnished in cooperation with the Federal Government. "Reasonable payment" means, with respect to professional and other technical services, a payment in an amount that is consistent with the amount normally paid for such services in the private sector. "Recipient" includes all contractors and subcontractors at any tier in connection with a Federal contract. The term excludes an Indian tribe, tribal organization, or any other Indian organization with respect to expenditures specifically permitted by other Federal law.

Reasonable compensation as used in this clause, means with respect to a regularly employed officer or employee of any person, compensation that is consistent with the normal compensation for such officer or employee for work that is not furnished to, not funded by, or not furnished in cooperation with the Federal Government.

Reasonable compensation means, with respect to a