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.
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;