Basic earnings means:

Basic earnings means your base wage of earnings received from the employer immediately prior to the date total disability starts. Basic earnings are based on your normal work week, but in no event for a work week of more than 40 hours. Basic earnings do not include bonus, overtime, or any plan of deferred or extra income. If the Schedule of Benefits so states, basic earnings will include base earnings plus earnings for extracurricular activities agreed to as part of your employment contract.

Basic earnings means the total amount paid by the Corporation or any Affiliate to a Participant in the twelve (12) months immediately preceding the onset of the Participant’s disability, (a) including salary, wages, regular cash bonuses and commissions, lump sum payments in lieu of foregone merit increases, “bonus buyouts” as the result of job changes, and any portion of such amounts (i) voluntarily deferred or reduced by the Participant under any employee benefit plan of the Corporation or any Affiliate available to all levels of Employees of the Corporation and/or any Affiliate(s) on a non-discriminatory basis upon satisfaction of eligibility requirements or (ii) voluntarily deferred or reduced under any executive deferral plan of the Corporation or any Affiliate (so long as such amounts would otherwise not have been excluded had they not been deferred), but (b) excluding any pension, retainers, severance pay, special stay-on bonus payments, income derived from stock options, stock appreciation rights and restricted stock awards and dispositions of stock acquired thereunder, payments dependent upon any contingency after the period of Credited Service and other special remuneration (including performance units).

Examples of Basic earnings in a sentence

Basic earnings per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period.
Earnings per share Basic earnings per share is calculated by dividing the profit attributable to equity holders of the company, excluding any costs of servicing equity other than ordinary shares, by the weighted average number of ordinary shares outstanding during the financial year, adjusted for bonus elements in ordinary shares issued during the year.
Basic earnings per share is calculated by dividing the profit attributable to equity holders of the company, excluding any costs of servicing equity other than ordinary shares, by the weighted average number of ordinary shares outstanding during the financial year, adjusted for bonus elements in ordinary shares issued during the year.
Basic earnings per share are calculated by dividing the net profit or loss for the year attributable to equity shareholders by the weighted average number of equity shares outstanding during the year.
Basic earnings per share is calculated by dividing the net profit or loss for the period attributable to equity shareholders by the weighted average number of equity shares outstanding during the period.

More Definitions of Basic earnings

Basic earnings for any year means the annual amount of Earnings not in excess of the Year's Maximum Pensionable Earnings.

Basic earnings means the weekly or hourly rate of pay prescribed for the employee by this award including the following:

Basic earnings means a Participant's total earnings received as an employee as salary or wages in the twelve months immediately preceding the onset of the Participant's disability, including any amounts deferred under a plan qualified under Section 401(k) of the Internal Revenue Code, amounts contributed on a Participant's behalf on a salary reduction basis to a cafeteria plan described in Section 125 of the Internal Revenue Code, cash bonuses and commissions, but excluding any pension, retainers, severance pay, income derived from stock options, stock appreciation rights and restricted stock awards and dispositions of stock acquired thereunder, payments dependent upon any contingency after the period of Credited Service and other special remuneration (including performance units).

Basic earnings means the minimum rate of pay prescribed for the employee by this award.

Basic earnings means the total amount paid by the Corporation or any Affiliate to a Participant in the twelve (12) months immediately preceding the onset of the Participant’s

Basic earnings means the commissions (including guaranteed commissions) and bonuses received by an Eligible Employee from a Participating Employer during the Plan Year of reference, for services rendered while a Participant, but only to the extent that such commissions and bonuses are in excess of the minimum Basic Earnings and not in excess of the maximum Basic Earnings, as set forth in the following schedule:

Basic earnings means your base wage or earnings received from the employer immediately prior to the date total disability starts. Basic earnings are based on your normal work week, but in no event for a work week of deferred or extra income. Basic earnings include the following: