Qualifying Compensation definition

Qualifying Compensation means wages paid by an employer to an employee for services performed in Oregon in connection with a qualifying film produc- tion.
Qualifying Compensation means items of compensation which either:
Qualifying Compensation means wages paid by an employer to an employee for services performed in Oregon in con- nection with a Qualifying Film Production.

Examples of Qualifying Compensation in a sentence

  • Notwithstanding any other provision of the Plan, the sum of the Qualifying Compensation and Wage Dividend taken into account with respect to a Participant for a Plan Year will not exceed $150,000 (as adjusted by the Secretary of the Treasury or his delegate pursuant to section 401(a)(17) of the Code).

  • In no event will an election result in a contribution which is greater than 20% of the aggregate of the Participant's Wage Dividend and Qualifying Compensation which might otherwise be deferred under the Plan.

  • Policy on Qualifying Compensation for Deductibility The Company's policy with respect to the deductibility limit of Section 162(m) of the Internal Revenue Code generally is to preserve the federal income tax deductibility of compensation paid when it is appropriate and is in the best interests of the Company and its stockholders.

  • Elections to defer a percentage of Qualifying Compensation and/or future Wage Dividends may be made on forms provided by SIPCO, by telephone, or by any other method approved by SIPCO.

  • Qualifying Compensation will not include any amount received after the pay date for the last pay period in which an Employee ceases to be eligible to participate in the Plan.

  • Elective Contribution" will mean that portion of Qualifying Compensation and of any Wage Dividend which is deferred pursuant to an election by an eligible Employee or former Employee.

  • The purpose of the ▇▇▇▇▇▇▇ Kodak Employees' Savings and Investment Plan is to assist Employees of the Company in an orderly and systematic savings and investment program by giving them an opportunity to defer receipt of a portion of Qualifying Compensation and a portion or all of such Wage Dividends as may hereafter be declared, and to elect to have such deferred amounts invested by a Trustee in common shares of the Company, other securities, and/or an insurance company group annuity contract.

  • Only those amounts specifically described in subsections (a), (b), or (c) above will be included in Qualifying Compensation.


More Definitions of Qualifying Compensation

Qualifying Compensation means compensation that averages at least:
Qualifying Compensation means a payment made after June 30, 2015 to an eligible employee by an eligible employer during its taxable year if it is:
Qualifying Compensation for the 2009 Plan Year means the sum of the following amounts paid to a Participant by a Participating Company or by Citigroup, Inc. and its affiliates: (A) annualized base pay as of July 1, 2009, or, for a Participant hired or rehired after July 1, 2009, annualized base pay as of the date of hire or rehire, in all cases excluding any shift differential, (B) commissions, if any, paid during the preceding year, (C) cash bonuses (other than the cash portion of any annual discretionary award package), if any, paid during the preceding year, (D) annual discretionary awards, if any, earned for the preceding year and paid in cash and/or restricted or deferred stock or stock options during the current year, (E) the nominal value of annual equity discretionary awards, if any, the amount of which was determined in recognition of performance for the preceding year and awarded in the current year under the Citigroup Core Capital Accumulation Program (CAP) or a replacement plan, and (F) short-term disability benefits paid in the preceding year, for commission-paid employees only. Qualifying Compensation shall exclude, without limitation, any guaranteed bonuses for newly hired employees, overtime, shift differentials, sign-on or retention bonuses, pay for employment not covered by the Plan or the Citigroup 401(k) Plan, proceeds from any stock option exercises, reimbursements, tuition benefits, payments for unused vacation, cash and non-cash fringe benefits, deferred compensation, disability benefits, severance pay and relocation expense reimbursements.
Qualifying Compensation will mean the sum of the following amounts:
Qualifying Compensation means any Retainer Fees payable to the Non-Employee Director and any awards under the LTIP payable to the Non-Employee Director.