ADP Compensation definition

ADP Compensation means the Employee’s Box 1, W-2 earnings for the Plan Year, without modification.
ADP Compensation means for any Plan Year, Adjusted Compensation received during the Plan Year by an Eligible Employee; provided, however, that at the election of the Committee, ADP Compensation may be limited to Adjusted Compensation received by an Eligible Employee for the portion of the Plan Year in which such Eligible Employee was eligible to participate in the Plan. For purposes of this Section, Adjusted Compensation shall include Salary Deferral Contributions, any pre-tax salary reduction contributions under a Code Section 125 plan and any pre-tax salary reduction amounts under a Code Section 132(f) transportation program.
ADP Compensation means the Employee's Box 1, W-2 earnings for the year, without modification. ADP Compensation shall be limited to $160,000 annually, as adjusted for increases in the cost of living in accordance with Sections 401(a)(17)(B) and 415(d) of the Code.

More Definitions of ADP Compensation

ADP Compensation means for any Plan Year, Adjusted Compensation received during the Plan Year by an Eligible Employee; provided, however, that at the election of the Committee, ADP Compensation may be limited to Adjusted Compensation received by an Eligible Employee for the portion of the Plan Year in which such Eligible Employee was eligible to participate
ADP Compensation means, with respect to any person who is an eligible Participant and for the subject Plan Year, the eligible Participant’s Compensation received for services as a Covered Employee for the part (and only during the part) of such Plan Year in which he or she is a Participant, but excluding any Compensation he or she receives for the subject Plan Year for services rendered when he or she is considered an automatic contribution eligible Participant (as defined in Subsection 5.1.7(f) above).
ADP Compensation means, with respect to any person who is an eligible Participant and for the subject Plan Year, the eligible Participant’s Compensation for such Plan Year that is received for services as a Covered Employee during such entire Plan Year (regardless of whether he or she is a Participant for the entire Plan Year or for only part but not all of such Plan Year).

Related to ADP Compensation

  • Basic Compensation means Salary and Benefits.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • 415 Compensation means:

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.