Contractual Compensation definition

Contractual Compensation means, with respect to any Wealth Advisor Recruitment, the amount of non-commission based compensation agreed to be paid by the Borrower or any Restricted Subsidiary to the Wealth Advisor(s) who are subject of such Wealth Advisor Recruitment over a period of time not longer than 24 months following such Wealth Advisor Recruitment.
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Contractual Compensation means compensation in the event of the death or long-term disability of a seafarer arising from an occupational injury, illness or hazard, and which is set out in the seafarer’s agreement, a collective agreement or in an enactment;
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Examples of Contractual Compensation in a sentence

  • Contractual Compensation and the Power of the judge to amend it in the Syrian Civil law and Comparative Law, The lawyers magazine.

  • Financial capacity: Resources + Contractual Compensation + Insurance < BP Spill Magnitude for deep-water drilling.

  • The Company’s liability for such Contractual Compensation shall be limited to the Limit of Liability per Seafarer set out in the Policy Schedule.

  • The National Compensation Commission will hold a public meeting where they will deliver all Contractual Compensation Certificates (CCC).

  • In the event of a Contractual Claim, the Company will pay, subject to the Claims Procedure as set out in Schedule 1, any Contractual Compensation due following the death or long-term disability of a Seafarer due to an occupational injury, illness or hazard, arising during the Policy Period, as set out in national law, the Seafarer's Employment Agreement or Collective Agreement.

  • Where, following the above investigation, no Contractual Compensation is found to be due to the Seafarer, the Shipowner will be sent a CWN thereby confirming that claim(s) under the Policy relating to the relevant NOC has been rejected.

  • Gross margin now represents 74% of revenue, an increase of four percentage points on the same period last year.

  • Based on the investigation, the Claims Handlers will make a determination of whether the Contractual Compensation is due to the Seafarer.

  • ECCExtra Contractual Compensation Compensation paid to an employee is considered “extra-contractual” if it is paid for services rendered during the base salary period; is payment in excess of the employee’s stipulated salary; is paid in connection with approved “additional responsibilities/assignments;” and is paid from funds administered by the University.

  • Crop production includes food crops like maize and industrial crops such as cotton and tobacco.

Related to Contractual Compensation

  • Annual Compensation means an amount equal to the greater of:

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Final compensation of a member means:

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Current Compensation means all regular wage, salary and commission payments paid by the Company to a Participant in accordance with the terms of his or her employment, but excluding annual bonus payments and all other forms of special compensation.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Current Annual Compensation means the greater of:

  • 415 Compensation means:

  • Annual Cash Compensation means the sum of (I) the Employee's highest Base Salary (i.e., one year's salary at its highest rate), plus (II) the "Applicable Average Bonus" as defined in subparagraph 5(a)(i)(B) above.

  • Earnable compensation means the full rate of the

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Eligible Compensation means, with respect to each Participant for each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined by the Committee, “Eligible Compensation” does not include

  • Section 415 Compensation means:

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Basic Compensation means Salary and Benefits.

  • Non-cash compensation means any form of compensation that is not cash compensation, including, but not limited to, health insurance, office rent, office support and retirement benefits.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after the effective date of the NYSE listing standard, (ii) after the person became an Executive Officer and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Additional Compensation has the meaning given to it in Section 10.2;

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;

  • Final Average Compensation means the average annual

  • Average final compensation means the average annual creditable compensation of a member during