Notional Earnings definition
Notional Earnings means the hypothetical income, gain and/or loss deemed earned by a Participant’s Accounts which are deemed to be invested in one or more Notional Funds as provided in Section 5. Notional Earnings shall reflect any fees or expenses that would be imposed by or in connection with the real investment fund that serves as the basis for the Notional Fund to the same extent as if monies had actually been invested in such real investment fund.
Notional Earnings means the rate of annual Eligible Earnings that a Participant on one of the following unpaid leaves was paid immediately prior to commencement of the period of the unpaid leave:
Notional Earnings means, with respect to any Relevant Period and each Notional Amount, the sum of the Index Rate per annum on such Notional Amount for each day during such Relevant Period. The Notional Earnings shall be calculated on the basis of a year of 360 days and actual days elapsed.
More Definitions of Notional Earnings
Notional Earnings means the hypothetical income, gain and/or loss deemed earned by an Employee’s Accounts which are deemed to be invested in one or more Notional Funds as provided in Section 8.
Notional Earnings in relation to a worker means—
Notional Earnings means, with respect to any Relevant Period and each Notional Amount, the sum of the Index Rate per annum of such Notional Amount for each day during such Relevant Period. The Notional Earnings shall be calculated on the basis of a year of 360 days and actual days elapsed.