Base Wages definition

Base Wages means the base salary paid to a Participant by the Corporation or a Subsidiary during a Plan Year, excluding bonuses, overtime, commissions and other extra compensation, reimbursed expenses and contributions made by the Corporation or a Subsidiary to this or any other employee benefit plan maintained by the Corporation or a Subsidiary.

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Base Wages means a regular base wage at the time of layoff but shall not include overtime, shift premiums, COLA or any other special payments, fees and allowances.

Base Wages means the annual earnings needed by an individual to qualify for the maximum

Examples of Base Wages in a sentence

• Base Wages cannot be reduced except by mutual agreement between Employer and Employee.

• To ensure compliance with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”), and the Department of Treasury regulations and other interpretive guidance issued thereunder, each as in effect from time to time (collectively, “Section 409A”), in no event shall any portion of the Base Wages be paid later than March 15 of the calendar year following the calendar year in which the Base Wages were earned and accrued.

• The per hour Vacation Fund Wage (See Appendix A) will be paid for actual time worked to all employees performing any duties described in Article II of this Agreement, Vacation Fund Wages shall not be considered as Base Wages by employee or Employer, but shall be in addition thereto.

• If Employer terminates Employee's employment pursuant to Section 8(b) hereof, then Employer and/or its successor (whether direct or indirect, by purchase, merger, consolidation, by operation of law or otherwise), shall be obligated to continue to pay Employee the Base Wages through the date that Employee voluntarily leaves the employ of Employer; provided, however, that Employee shall not be entitled to any bonus payments.

• The base wages paid to personnel for hours expended on the Work (Base Wages) are based upon the following.

More Definitions of Base Wages

Base Wages means a PSO's regular base wage at the time of layoff but shall not include overtime, shift premiums, COLA or any other special payments, fees and allowances.

Base Wages means the compensation used for purposes of Pre-Tax Contributions.

Base Wages means the Wage(s) classification of the Employee.

Base Wages means total annual salary or wages payable by the Employer as consideration for the Participant's service, including any salary deferral contributions made by the Participant to any defined contribution, deferred compensation, cafeteria, or flexible benefit plans maintained by the Employer, as determined by the Benefits Committee as in effect on the date immediately preceding termination of employment, or, if higher, as in effect immediately prior to the first occurrence of an event which constitutes Good Reason. Base Wages shall not include any payments under the Employer's stock, bonus, sales incentive, annual incentive, or other incentive plans in existence immediately prior to a Change of Control, other bonuses or variable compensation, overtime, cost of living pay, housing pay, relocation pay, other taxable fringe benefits, or extraordinary compensation.

Base Wages means: 1) The hourly rate or salary paid for a job performed that does not include bonuses, shift differentials, benefits, incentive premiums, overtime or any pay element other than the base rate, or 2) the wages described by the Sponsoring Employer in the Adoption Agreement, or a separate policy or procedure.

Base Wages as used in this Article are hereby respectively defined as follows:

Base Wages is defined as being the average of the employee's gross weekly wages during the six (6) month period to the major on-the-job accident.