Gross compensation definition

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.

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Gross compensation means every form of remuneration payable for a given

Gross compensation. ’ means gross wages and benefits paid to or on behalf of employees receiving wages.

Examples of Gross compensation in a sentence

• Gross compensation shall be deemed to have been received by you, and we shall receive our commission thereof, if such gross income is received, directly or indirectly, by you or by any other party or entity for you or on your behalf, or by any party or entity which furnished your services.

• Gross compensation is calculated by weekly compensation multiplied by 52 or monthly compensation multiplied by 12.

• Gross compensation shall mean his annual salary plus Bonuses, Supplemental Compensation and Long Term Incentive awarded or earned for the most recent Five (5) Fiscal Years divided by five (5).

• Gross compensation under this agreement shall not exceed the maximum dollar certification for any individual student as specified on the student’s Financial Aid Award Letter or verified by the Office of Student Financial Aid and Scholarships.

• Gross compensation for Pension contribution purposes shall not include gross compensation in excess of $175,000 per year.

More Definitions of Gross compensation

Gross compensation means the total amount of a Participant's Compensation, including advisory service fees, but excluding compensation earned on the sales of certain insurance products through H.D. Vest Insurance Services, unreduced by any amount.

Gross compensation means Basic Compensation paid by the University to a Participant during a Plan Year plus additional or supplementary earnings, as described in the attached Appendix A. For purposes of this Section, the provisions of subsections (a) through (e) of Section 2.5 shall be applied by substituting “Gross Compensation” for “Basic Compensation” in each place it appears.

Gross compensation means all income of any kind derived from any of your activities (whether entered into prior to our representation of you), without the deduction of any cost or expense incurred by you.

Gross compensation means wages, as defined in Section 2385.1 of Title 68 of the Oklahoma Statutes, and benefits paid on behalf of employees receiving wages; and

Gross compensation means all consideration received by Licensee and Affiliates from third parties for the manufacture, sale, commercialization, and/or sublicensing of the Licensed Patent Rights, the Technology and the Sublicensed Technology. Gross Compensation shall include: (a) all payments received by Licensee and/or Affiliates as upfront payments, license fees, milestone payments, royalties, rentals, user fees or other sums received for the manufacturing, sales, commercialization and/or sublicensing of the Technology, and/or the Sublicensed Technology; for further clarification, Gross Compensation does not include other sums received for solely sponsoring research or development, or as a bona fide equity or debt investment in Licensee or any of its Affiliates; and (b) all non-cash compensation received by Licensee and/or Affiliates such as stock, partnership interests, or other equity interests in a business entity when such equity interest is received by Licensee or Affiliates in return for the manufacturing, sales, commercialization and/or sublicensing of the Technology and/or the Sublicensed Technology.

Gross compensation means, generally, your Basic Compensation plus additional or supplementary earnings. Your Gross Compensation is used for purposes of computing your Employee Contributions as further described in the Employee Contributions Section.

Gross compensation means every form of remuneration payable for a given period to