Qualified Salary definition

Qualified Salary of a Key Executive shall mean the Key Executive’s gross base salary which may be payable to the Key Executive on a Payday, including any portion thereof payable in the form of sick pay, vacation pay, pay in lieu of notice or jury pay, and determined before any exclusions, deductions or withholdings therefrom,
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Qualified Salary of a Key Executive shall mean the Key Executive's gross base salary which may be payable to the Key Executive on a Payday, determined before any exclusions, deductions or withholdings therefrom.
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Qualified Salary of a Key Executive shall mean the Key Executive’s gross base salary which may be payable to the Key Executive on a Payday, including any portion
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Examples of Qualified Salary in a sentence

  • Pursuant to Sections 3.1(a) and 3.3 of Part A of the CSC Plan Terms and Sections 11.1(a) and 11.2 of Part B of the CSC Plan Terms, that participants of the Key Executive Plan could make an annual election to defer all or part of their Qualified Bonus or Qualified Salary.

  • All such Part B Distribution Elections shall remain in effect and shall apply only to that portion of the Part B Participant’s Part B Account that relates to Qualified Annual Bonus, Qualified Salary, Qualified Director Compensation or Qualified Quarterly Bonuses deferred during such Plan Year or calendar year, as applicable, as the same may increase from time to time.

  • Both Parts A and B of the Pre-2013 CSC Plan provided that any election by a participant to defer his/her Qualified Bonus or Qualified Salary was “not amendable” by the participant and was “irrevocable,” except under limited circumstances specifically enumerated in the Plan document.

  • The amount of the Qualified Salary Deferral Contribution actually allocated to the Qualified Salary Deferral Account of the Participant for the Plan Year.

  • Player (Print Name): Player (Signature): Date: Team Coach/G.M. (Print Name): Team Coach/G.M. (Signature): Email copy to the League and the PHPA APPENDIX N: SALARY CHANGE FORM ECHL 2013-2018 SALARY CHANGE FORM Date: Member (team): Player: Please be advised of the following Salary change for this Player: Current Weekly Salary: $ _ New Weekly Salary: $ _ Qualified Salary (if applicable): $ All changes involving a SPC must be accompanied by this form.

  • The amount of a hardship distribution, and the procedures for requesting and receiving such a distribution, shall satisfy the requirements set forth in the Qualified Profit Sharing Plan with respect to a hardship distribution from his Qualified Salary Deferral Account.

  • Bonnie WeinerSpecial Education Teacher - High SchoolCertification: NYS Special Education, Permanent, Highly QualifiedNYS Reading Teacher, Permanent, Highly Qualified Salary: MA Step 4 $66,212/yr.Effective: Amended to September 3, 2009 through November 17, 2009Replacing: K.

  • There are four medical centers in the municipality out of which three are privately owned and one is government managed.

  • The Administrator shall determine the manner in which such Eligible Key Executive’s deferral election shall be made for the period described in the preceding sentence, and an Eligible Key Executive’s deferral election shall be made within 30 days of the designation of such Eligible Key Executive and shall only apply to Qualified Salary which would otherwise be payable after such deferral election is made.

  • At the time a Part B Participant elects to defer Qualified Salary or Qualified Director Compensation under Part B of the Plan for a specific calendar year, he or she shall make a Part B Distribution Election pursuant to this Section 13.3 with respect to such deferrals.


More Definitions of Qualified Salary

Qualified Salary means the amounts of compensation paid by an Insured Entity at an annual rate, including bonuses, commissions, incentive payments, health and welfare and pension benefits (at the level in effect on the date of the Kidnapping, Detention or Hijacking) which such Insured Entity continues to pay an Insured Person who has been the subject of such Kidnapping, Detention or Hijacking. Payment of Qualified Salary ends at the earliest of:
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Related to Qualified Salary

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Leave Salary means the monthly amount paid by the University to an employee who is on leave.

  • Non-Qualified Stock Option means any Stock Option that is not an Incentive Stock Option.

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Qualifying contribution means, with respect to a

  • Qualified Non-Elective Contribution means any Employer contributions made pursuant to Section 4.1(c) and Section 4.6(b) and Section 4.8(f). Such contributions shall be considered an Elective Contribution for the purposes of the Plan and may be used to satisfy the "Actual Deferral Percentage" tests or the "Actual Contribution Percentage" tests.

  • Qualified Retirement means a retirement from Service by the Executive in which, at the time of such retirement, the sum of the Executive’s age and aggregate 12-month completed periods of Service (whether or not such completed 12-month periods are consecutive), in each case without giving credit for any partial years, equals or exceeds 75.

  • Annual Salary means the salary given under this Part.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Qualified disability expenses means that term as defined in section 529A of the internal revenue code.

  • Qualified Termination has the meaning set forth in Section 4(b).

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Basic Compensation means Salary and Benefits.

  • Non-cash compensation means any form of compensation that is not cash compensation, including, but not limited to, health insurance, office rent, office support and retirement benefits.

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Current Annual Compensation means the greater of:

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • 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.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Qualified Nurse means a person who holds a valid registration from the Nursing Council of India or the Nursing Council of any state in India.

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