Compensation Year definition

Compensation Year means a period of 12 months expiring 31 March in any year;
Compensation Year means each calendar year or portion thereof during which the Plan is in effect.
Compensation Year means a calendar year in which Executive earns compensation;

Examples of Compensation Year in a sentence

  • Annual Compensation means, for a Plan Year, the Employee’s Compensation for the Compensation Year ending with or within the consecutive 12-month period ending on the last day of the Plan Year.

  • ANNUAL COMPENSATION means, on any given date, the Employee's Compensation for the latest Compensation Year ending on or before the given date.

  • A Base Salary shall be payable to the Employee by the Company as a guaranteed minimum annual amount hereunder for each Compensation Year during the period from the Effective Date to the Termination Date.

  • For the purposes hereof, the value of a Compensation Year, including stock options and bonus entitlements, is defined as equal two (2) times the base salary set forth in this Agreement.

  • In the event that Employee's Employment hereunder shall not have otherwise been terminated, such Employment shall terminate at the end of the Compensation Year in which Employee reaches age 65.


More Definitions of Compensation Year

Compensation Year means the fiscal year of the Company.
Compensation Year means a calendar year.
Compensation Year means the period from one annual meeting of shareholders to the next following annual meeting of shareholders.
Compensation Year means any calendar year.
Compensation Year means each calendar year or portion thereof during which these Rules are in effect.
Compensation Year means the twelve (12) month period from the Effective Date and every twelve month period thereafter.
Compensation Year means the twelve (12) month period from March 1 to February 28/29, including any partial portion of such period preceding a Separation from Service.