Aggregate Compensation definition

Aggregate Compensation means the sum of the Executive's (i) Base Pay and (ii)

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Aggregate Compensation means Regular Wage Base and any annual cash incentive awards from a Participating Company or Affiliate annual incentive program.

Aggregate Compensation means one-twelfth of the average of an Active Participant’s Compensation from a Participating Employer, as defined in Code Section 415, earned during the five-consecutive-Plan-Year period in which the Active Participant’s compensation is the highest and during which the Plan is a Top-Heavy Plan, and during which the Active Participant earns a Year of Aggregate Service. If a person has less than five consecutive Plan Years of compensation, or if the Plan is not a Top-Heavy Plan during five consecutive Plan Years, “Aggregate Compensation” will mean one-twelfth of the average of the Active Participant’s compensation earned during the Plan Years the Plan was a Top-Heavy Plan and during which the Active Participant earned a Year of Aggregate Service, divided by the number of such Plan Years. An Active Participant’s Aggregate Compensation will exclude all compensation earned prior to January 1, 1984 or during any Plan Year the Plan is not a Top-Heavy Plan.

Examples of Aggregate Compensation in a sentence

Any shortfall in Aggregate Compensation at December 31st of the relevant calendar year will be remedied through the payment of a year-end bonus.
Until such time as Executive becomes eligible to participate in the profit sharing plan, short term incentive plan and long term incentive plan for Division executives, Executive’s bonuses in excess of the amount comprising the Aggregate Compensation, if any, will be determined by the Bank’s board of directors in conjunction with such determination of the Bank’s CEO and GBCI’s President and CEO.
Executive’s bonuses in excess of the amount comprising the Aggregate Compensation, if any, will be determined by the Bank’s board of directors in conjunction with the Bank’s CEO and GBCI’s President and CEO.
In the event the Aggregate Compensation for the Sale is cash, then Executive shall receive the Sale Compensation in cash.
Compensation paid by OPIC shall not exceed (a) the lesser of (i) the Maximum Aggregate Compensation Liability on the applicable Subsequent Payment Date referred to in the applicable Completed Application and (ii) the Insured Portion of the Subsequent Scheduled Payment referred to in the applicable Completed Application, plus (b) Default Interest (Section 3.01.2(c)).

More Definitions of Aggregate Compensation

Aggregate Compensation means Regular Wage Base and an amount, if any, equal to the payout the Employee would have received under the Company’s Annual Bonus program at “target”, as defined in the Annual Bonus program, for the calendar year of the Employee’s termination as if the Employee has remained employed for the entire year. If Aggregate Compensation is being determined for any company or entity described in Section 2.3(f), the foregoing definition of Aggregate Compensation shall be applied to equivalent items of compensation to be received from such company or entity, provided that any incentive or bonus compensation to be received from such company or entity shall be taken into account even if not resulting from a formal annual incentive program. The term Aggregate Compensation shall only be relevant for determining whether a Comparable Offer of Employment has been made, and does not impact the calculation of severance pay as described in Section 3.1.

Aggregate Compensation means the sum of a Participant's Compensation and Deferred Compensation.

Aggregate Compensation means Code section 415 Compensation as defined in Article VIII.

Aggregate Compensation means the sum of the Base Salary and any bonus, in both cases, paid or payable to you for, or in respect of, the three (3) calendar years immediately preceding the year in which the notice in question is given to you, all divided by three. In any such case, the amounts in question shall be as reported on Revenue Canada Taxation Form T-4 and, if applicable, T-4A issued by Cineplex. For the purposes of determining aggregate compensation, any bonus which was awarded otherwise than in cash shall be valued at the fair market value thereof which, in the case of common shares of Cineplex, shall be deemed to be the closing price on the Toronto Stock Exchange on the trading date immediately preceding the date on which the bonus was paid or became payable.

Aggregate Compensation means the sum of the Executive's (i) Base Pay, (ii) Bonus, and (iii) economic value of the Medical Plans, Retirement Plans and Welfare Plans.

Aggregate Compensation means the Base Fees and the Incentive Fees payable hereunder for a Fiscal Year.

Aggregate Compensation means an amount equal to the Executive's then current Base Salary plus Bonus based on the prior year's payment.