Employee Compensation definition
Employee Compensation means the total cost incurred by the company towards employee compensation including basic salary, dearness allowance, other allowances, bonus and commissions including the value of all perquisites provided, but does not include:
Employee Compensation means the amount paid to an employee in a pay period as regular pay, overtime and shift premiums, vacation pay, bonus, ratification pay and payment for statutory holidays.
Employee Compensation means the total cost incurred by the Company or Subsidiary towards Employee Compensation including basic salary, dearness allowance, other allowances, bonuses and commissions, and the value of all perquisites provided, but does not include the fair value of the Stock Option granted under this plan.
Examples of Employee Compensation in a sentence
Seller shall be responsible for all Employee Compensation and other costs of employment of Employees relating to the period at or prior to the Cut-Off Time (regardless of whether such Employee Compensation is payable following the Cut-Off Time) and Buyer shall be responsible for all Employee Compensation and other costs of hiring and employment of Employees relating to the period it employs the Employees (if any).
More Definitions of Employee Compensation
Employee Compensation employee salary, bonus and other compensation and social costs, including the cost of all retirement, health and other welfare and benefit plans maintained on behalf of such employee;
Employee Compensation shall have the meaning set forth in Section 5.10 hereof.
Employee Compensation means the total cost incurred by the company towards Employee compensation including basic salary, dearness allowance, other allowances, bonus and commissions including the value of all perquisites provided, but does not include fair value of the options granted under the Scheme and the discount at which shares are issued under an Employees Stock Option Plan.
Employee Compensation means any employee compensation, other than an Employee's base salary, or an award of Incentive Compensation, determined by the Committee to be properly deferrable under the Plan.
Employee Compensation. Compensation: ● Total shares: Eleven Million (11,000,000) common shares. (9,000,000 million originally in Reg A Offering and an additional 2,000,000 million as promotional bonus) Annual Compensation: ● Annual salary of Three Hundred and Fifty Thousand Dollars ($350,000); and ● All commercially reasonable expenses. All compensation is subject to all necessary state and federal tax withholding requirements, payable in accordance with the Employer’s normal payroll practices.
Employee Compensation means all wages, salaries, compensation (including any deferred compensation), commissions, bonuses, insurance and other benefits (including accrued vacation, personal leave and sick leave, retirement plans and including all benefits provided under, or contributions required to be made to, Employee Benefit Plans) pertaining to the Employees. “Environmental Claims” shall mean any claim for reimbursement or remediation expense, contribution, personal injury, property damage or damage to natural resources made by any Governmental Authority or other Person arising from or in connection with the presence or release of any Hazardous Materials over, on, in or under the Property, or the violation of any Environmental Laws with respect to the Property. “Environmental Laws” shall mean any Applicable Laws which regulate or control (i) Hazardous Materials, pollution, contamination, noise, radiation, water, soil, sediment, air or other environmental media, or (ii) an actual or potential spill, leak, emission, discharge, release or disposal of any Hazardous Materials or other materials, substances or waste into water, soil, sediment, air or any other environmental media, including, without limitation, (A) the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et seq., (B) the Resource Conservation and Recovery Act, 42 U.S.C. § 6901 et seq., (C) the Federal Water Pollution Control Act, 33 U.S.C. § 2601 et seq., (D) the Toxic Substances Control Act, 15 U.S.C. § 2601 et seq., (E) the Clean Water Act, 33 U.S.C. § 1251 et seq., (F) the Clean Air Act, 42 U.S.C. § 7401 et seq., (G) the Hazardous Materials Transportation Act, 49 U.S.C. § 1801 et seq., and (H) the Occupational Safety and Health Act, 29 U.S.C. § 651 et seq. and similar state and local Applicable Law, as amended from time to time, and all regulations, rules and guidance issued pursuant thereto. “Environmental Liabilities” shall mean any liabilities or obligations of any kind or nature imposed on the Person in question pursuant to any Environmental Laws, including, without limitation, any (i) obligations to manage, control, contain, remove, remedy, respond to, clean up or ▇▇▇▇▇ any actual or potential release of Hazardous Materials or other pollution or contamination of any water, soil, sediment, air or other environmental media, whether or not located on any Property and whether or not arising from the operations or activities with respect to the Property, and (ii) liabilities o...
Employee Compensation means, for any Plan Year, the amount of the Employee's Compensation which is taken into account under the Plan in calculating the contribution which may be made on his behalf for such Plan Year. Any compensation paid to, or on behalf of, a Family Member, as defined in Section 1.20, shall be treated as if it were paid to, or on behalf of, the Five Percent (5%) Owner or Highly Compensated Employee with respect to whom the individual is deemed to be a Family Member.