Standard compensation definition

Standard compensation means each of the following:
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Standard compensation means each of the:
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Standard compensation. Schedule shall apply to all policies solicited and issued under this agreement other than those to which the "Affiliate Compensation" Schedule applies. The "Affiliate Compensation" Schedule will become effective only upon acceptance by Pacific Equities Network ("PEN") of the fully executed Affiliate Acknowledgment and Approval form. The "Affiliate Compensation" Schedule election may be rescinded at any time, as provided in the Affiliate Acknowledgment and Approval form. Upon such rescision the "Standard Compensation" Schedule will become effective.
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Examples of Standard compensation in a sentence

  • Standard compensation rates shall apply to internal exchanges from The Best of America(R) Group Pension Series.

  • Standard compensation rates shall apply to internal exchanges from the Best of America(R) Group Pension Series.

  • Standard compensation rates shall apply to internal exchanges from the Best of America(R) Group Pension Series contracts.


More Definitions of Standard compensation

Standard compensation means, for the purposes of this regulation, the set amount or percentage commission the insurer pays the insurance producer for selling its insurance policy. Standard compensation does not include renewal commissions.
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Related to Standard compensation

  • 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).

  • Basic Compensation means Salary and Benefits.

  • Termination Compensation means a monthly cash amount equal to one-twelfth (1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.