ERP Eligible Pay definition
ERP Eligible Pay means, for the applicable Plan Year, Compensation less eligible RSP Compensation for the Plan Year.
ERP Eligible Pay means Compensation less eligible RSP Compensation for the applicable Plan Year. “ERP Eligible Pay” includes but is not limited to Base Salary and cash-based Performance Awards. It also includes Compensation that exceeds the IRS Annual Compensation Limit (Pay Cap) for RSP Compensation.