net compensation means the total net amount of payments, rebates or incentives received by an issuer from the payment card scheme, the acquirer or any other intermediary in relation to card-based payment transactions or related activities;
net compensation means Gross Compensation earned by and while a Representative of the Company multiplied by the Participant's payout rate (as defined in the applicable current H.D. Vest payout schedule) and less any fees, expenses, or other amounts which reduce Gross Compensation.
net compensation means the total net amount of payments, rebates or incentives received by an issuing payment service provider from the payment card scheme, the acquirer or any other intermediary in relation to payment transactions or related activities;
More Definitions of net compensation
net compensation means an Employee's total Compensation, less his Pre-Tax Contributions, for a Plan Year.
net compensation means thetotal net amount of payments, rebates or incentives receivedbyan issuerfrom the payment card scheme, the acquirer or any other intermediary in relation to card-based payment transactions or related activities;
net compensation means, for purposes of determining Highly Compensated Participants, Key Employees, minimum contributions in a Top Heavy Plan, and the limitation on Annual Additions, wages as defined in Section 3401(a) of the Code for purposes of income tax withholding at the source, but determined without regard to any rules that limit the remuneration included in wages based on the nature or location of employment or the services performed and shall include Elective Contributions to this Plan and, if the Employer has adopted a cafeteria plan under Section 125 of the Code or a qualified transportation fringe benefit plan under Section 132(f)(4) of the Code funded by salary reduction, any amounts contributed thereto. Net Compensation shall not include Employer Contributions to this Plan or contributions to or distributions from any other qualified retirement plan (including Excess Deferrals and Excess Contributions). Notwithstanding the foregoing, Net Compensation for any Participant shall be limited to the amount specified under Section 401(a)(17) of the Code per Plan Year, as adjusted by the Secretary of the Treasury. If any Plan Year consists of a period of less than 12 months, the maximum Net Compensation limit, as adjusted, shall be prorated based on the number of months in such short Plan Year.
net compensation means, for purposes of determining Highly Compensated Participants, Key Employees, minimum contributions in a Top Heavy Plan, and the limitation on Annual Additions, the wages, salaries, and fees for professional services and other amounts received (without regard to whether or not an amount is paid in cash) for personal services actually rendered in the course of employment with the Employer to the extent that the amounts are includable in gross income (including, but not limited to, commissions paid salespersons, compensation for services on the basis of a percentage of profits, commissions on insurance premiums, tips, bonuses, fringe benefits, and reimbursements or other expense allowances under a nonaccountable plan (as described in Reg. §1.62-2(c)), amounts that are includible in the gross income of an Employee under the rules of Sections 409A or 457(f)(1)(A) of the Code or because the amounts are constructively received by the Employee, and excluding the following:
net compensation means (i) the gross amount billed for the Third Party Sub-License or the license to or transfer of Revotar Patents by Revotar, including, but not limited to, upfront and milestone payments, royalty payments, and/or (ii) any non-transferable and transferable equity or other compensation received by Revotar for the Third Party Sub-License or the license to or transfer of Revotar Patents, in each time less sales or other direct taxes (e.g. VAT) and other mandatory governmental charges.
net compensation means the Compensation of an Employee reduced by any Employer contributions to a Participant's Pre-Tax Contribution Account.
net compensation means, for each Pay Period for each Employee, Gross Compensation for such Employee less federal, state, and local withholding, FICA, and all other applicable payroll deductions.