Aggregate Compensation definition

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 Regular Wage Base and any annual cash incentive awards from a Participating Company or Affiliate annual incentive program.
Aggregate Compensation means the sum of the Executive's (i) Base Pay and (ii)

Examples of Aggregate Compensation in a sentence

  • This amount is not included in the Aggregate Compensation shown in Column A.

  • The rise of the impoundment is such that the non-overflow section(s) of the dam will overtop or is overtopping and the dam is failing or is in imminent danger of failing.

  • Phantom Bonus Costs are costs recorded with respect to the year ended December 31, 2016 related to the value of benefits under tranches of phantom bonus units granted to the Office Holders under our Phantom Bonus Retention Plan (see above "Aggregate Compensation to Directors and Officers - Table - Note (2)" and Item 18.

  • Aggregate Compensation from the Funds(*) Fund NameJack B.EvansAggregate Compensation from the Funds(*) Fund NameJack B.Evans(1) Board Member Thornton was appointed to the Board of each Fund effective November 16, 2020.(*) Includes deferred fees.

  • Phantom Bonus Costs are costs related to the value of benefits under tranches of phantom bonus units granted to the executive officers under our Phantom Bonus Retention Plan (see above "Aggregate Compensation to Directors and Officers - Table - Note (3)" and Item 18.


More Definitions of Aggregate Compensation

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.
Aggregate Compensation means Code section 415 Compensation as defined in Article VIII.
Aggregate Compensation means the sum of a Participant's Compensation and Deferred Compensation.
Aggregate Compensation means all remuneration paid in cash or in kind by the Employer for personal services as reportable on the Employee's Federal Income Tax Withholding Statement (Form W-2) for the Plan Year, plus any elective deferrals for that Plan Year with respect to employment with the Employer (1) under a qualified cash or deferred arrangement described in Section 401(k) of the Code, (2) to a plan qualified under Section 125 or Section 132(f) of the Code, or (3) to a plan qualified under Section 402(h) of the Code including (whether or not includable in gross income) reimbursements or other expense allowances (including, but not limited to, automobile allowances and relocation allowances); fringe benefits (cash or non-cash including, but not limited to, club dues and personal use of Cintas property); moving expenses; deferred compensation; and welfare benefits. For any Plan Year beginning after May 31, 1989, Aggregate Compensation in excess of the Compensation Limit shall be disregarded; however, for purposes of Section 415(c) of the Code, the Compensation Limit shall not be applicable. For purposes of Sections 4.4, 4.5 and 4.6 of the Plan, Aggregate Compensation means any definition of compensation permissible under Section 414(s) of the Code and Regulations thereunder for such period as determined by the Plan Administrator.
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. (B)
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 by 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 this paragraph 10(A)(f), 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 day immediately preceding the date on which the bonus was paid or became payable. (g) If your employment shall be terminated by you pursuant to Section 9A, Cineplex shall pay to you in a lump sum in cash on the Employment Termination Date, an amount equal to the greater of: (i) the Base Salary then being paid to you which would have otherwise been paid to you from the Employment Termination Date to the Expiry Date; and (ii) the aggregate of: (1) if not theretofore paid, the Aggregate Compensation (as hereinafter defined) for a period equal to the greater of: (x) the period from the date of the Material Change to the Employment Termination Date; and (y) six months; (2) an amount equal to two times the Aggregate Compensation; and (3) in the case of compensation, if any, previously deferred, all amounts of such compensation previously deferred and not yet paid by Cineplex. For the purposes of this paragraph 10(A)(g)(ii), "Aggregate Compensation" means the Base Salary and the most recent bonus due or paid to you in or in respect of the period of one year immediately preceding the date of the Material Change, provided that if no bonus was paid or due to you in or in respect of such period, there shall be added to the said Base Salary the amount of the then most recent bonus paid or due to you in respect of the period of one year. 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 day immediately preceding the date on which the bonus was paid or became payable. (h) If your employment shall be terminated by Cineplex pursuant to Subsection 7(d), Cineplex shall pay to you in a lum...
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