Fair Compensation definition

Fair Compensation means the reasonable charges incurred by the owner of the conveyance system, including capital, operation, maintenance, and replacement costs, increased costs from any necessitated purchase of supplemental power, and including reasonable credit for any offsetting benefits for the use of the conveyance system.
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Fair Compensation means ensuring the pay for employees is set at a level that is both fair and liveable, and provides equal pay for equal work. A Framework for Fair Compensation covers the overall compensation process (although it does not in itself form part of any contract with employees). It provides a structured way for a company to outline how the various elements of its compensation packages deliver fair compensation to its employees.
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Fair Compensation means compensation as that term is generally applied in respect of a taking by the government of British Columbia, and must be based on
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Examples of Fair Compensation in a sentence

  • Fair compensation is a matter of judgment and cannot be measured exactly.

  • Fair compensation shall be calculated based on life expectancy tables published by the Office of the Actuary of the Social Security Administration.

  • Fair compensation, one-time indemnity and ordinary privileged pensions.

  • Fair compensation or reimbursement of developers for costs, dedication of land or oversize facilities.A developer required to pay a development impact fee may not be required to pay more than his proportionate share of the costs of the project, including the payment of money or contribution or dedication of land, or to oversize his facilities for use of others outside of the project without fair compensation or reimbursement.HISTORY: 1999 Act No. 118, Section 1.SECTION 6-1-1010.

  • Fair compensation, if any, will be paid for the right of way according to the Law 63 of the Year 1974 and the recommendations set out in the RPF.

  • No one wants a new buffer or increased buffer on their property so the agreements do not get signed.

  • Fair compensation under an equitable adjustment is a matter of judgment and cannot be measured exactly.

  • In recent years, the Supreme Court ad- dressed these lawsuits in Moseley, et al., DBA Victor’s Little Secret v.

  • Fair compensation or reimbursement of developers for costs, dedication of land or oversize facilities.

  • This approach, usually taken by system integrators or software-oriented companies, effectively solves the problems with a relatively moderate cost, since it relies on new software modules, libraries or functionalities.


More Definitions of Fair Compensation

Fair Compensation means, in the context of expropriation, compensation that takes into consideration the following:
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Fair Compensation means ensuring the pay for employees is set at a level that is both fair and liveable, and provides equal
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Fair Compensation. , means the fair market value of the assets nationalized or expropriated, determined on a standard which assumes that that the transaction took place at arm’s-length, with the act of nationalization given no weight. Any dispute concerning the determination of the compensation may be submitted to arbitration as set forth in Article 49 of this law.
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Fair Compensation means an amount not less than ninety percent of the
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Fair Compensation as used in this Agreement shall mean an amount, in U.S. dollars, to be determined by a qualified valuation expert who is mutually agreed upon by the Licensor and Licensee, and if not mutually agreed upon, then by Licensor and Licensee each selecting their own valuation expert, who together select a third valuation expert to do the valuation. Licensee and Licensor will use commercially reasonable efforts to complete the valuation within three months following any Assignment Option Event, and Licensee shall have one month from the date of the completion of the valuation to exercise this option by paying Fair Compensation to Licensor.
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Related to Fair Compensation

  • Fair Wages means wages whether for time or piece work notified at the time of inviting tenders for the work and where such wages prescribed by the government of India in the ministry of labour and employment vide Sl.No. 1917 published in the gazette of India, extraordinary part - ii section (3) sub-section (ii) dated 19-5-1969.

  • Eligible Compensation means all regular cash compensation including overtime, cash bonuses and commissions. Regular cash compensation does not include severance pay, hiring and relocation bonuses, pay in lieu of vacations, sick leave or any other special payments.

  • Fair Wage means wages, which shall include wages for weekly day of rest and other allowances, whether for time or piece work, after taking in to consideration prevailing market rates for similar employment in the neighborhood but shall not be less than the minimum rates of wages fixed under the Minimum wages Act.

  • Reasonable compensation means, with respect to a regularly employed officer or employee of any person, compensation that is consistent with the normal compensation for such officer or employee for work that is not furnished to, not funded by, or not furnished in cooperation with the Federal Government.

  • Includible Compensation means, for the Employee's Taxable Year, the Employee's total Compensation within the meaning of Code §415(c)(3) paid to an Employee for services rendered to the Employer. Includible Compensation includes Deferral Contributions under the Plan, compensation deferred under any other plan described in Code §457, and any amount excludible from the Employee's gross income under Code §§401(k), 403(b), 125 or 132(f)(4) or any other amount excludible from the Employee's gross income for Federal income tax purposes. The Employer will determine Includible Compensation without regard to community property laws.

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

  • Covered Compensation means, with respect to any Participant for a Plan Year, the average (without indexing) of the Taxable Wage Bases in effect for each calendar year during the 35-year period ending with the last day of the calendar year in which the Participant attains (or will attain) Social Security Retirement Age. A Participant's Covered Compensation shall be adjusted each Plan Year and no increase in Covered Compensation shall decrease a Participant's Accrued Benefit. In determining the Participant's Covered Compensation for a Plan Year, the Taxable Wage Base for all calendar years beginning after the first day of the Plan Year is assumed to be the same as the Taxable Wage Base in effect as of the beginning of the Plan Year for which the determination is being made. Covered Compensation will be determined based on the year designated by the Employer in the Adoption Agreement. In addition, any of the rounding tables issued by the IRS may be used provided the same table is used for all Participants.

  • Compensation means all base straight time gross earnings and commissions, but exclusive of payments for overtime, shift premium, incentive compensation, incentive payments, bonuses and other compensation.

  • Final compensation of a member means:

  • 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.

  • Earnable compensation means the full rate of the

  • Basic Compensation means Salary and Benefits.

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

  • Unemployment compensation means the unemployment benefits payable under this chapter other than short-time compensation and includes any amounts payable pursuant to an agreement under any federal law providing for compensation, assistance, or allowances with respect to unemployment.