ALLOCATION COMPENSATION definition
ALLOCATION COMPENSATION means the remuneration of a Participant paid by the Employer during any Plan Year in the form of cash compensation, but shall not include any non-cash compensation charged to the Participant. "Allocation Compensation" shall also include Elective Contributions made pursuant to a Compensation Deferral Agreement, and any other contributions made on behalf of the Participant for the Plan Year which are not currently includable in gross income by reason of the application of Sections 125, 402(a)(8), 402(h)(1)(B) or 403(b) of the Code, but shall not include any other Employer contributions or benefits arising in connection with this Plan or in connection with any other employee benefit or welfare benefit plan of the Employer. However, Allocation Compensation taken into account for purposes of this Plan shall be limited to $150,000 or such other amount as may be provided by the Treasury Department under Section 401(a)(17) of the Code. For purposes of
ALLOCATION COMPENSATION refers to the Compensation (as such term is defined in the Plan) of each Eligible Member used for Plan purposes for each of the Plan Years 1988 through 1995 during which such Eligible Member was an Active Participant (as such term is defined in the Plan).