The term Compensation definition

The term Compensation means any form of money remuneration, including pay for time lost but exclud­ ing tips, payable for services rendered as an employee to one or more employers, or as an employee representa­ tive: Provided, however, That in computing the compen­ sation payable to any employee with respect to any calendar month, no part of any compensation in excess of $300 shall be recognized." (Underscoring supplied)
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The term Compensation means amounts received by a Participant from the Employer during a Compensation Determination Period, determined subject to the following provisions:
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Examples of The term Compensation in a sentence

  • The term "Compensation Committee" for ---------------------- purposes of this Agreement shall mean the Compensation Committee of the Board.

  • The term "Compensation Plans" shall have the meaning set forth in Section 3.8(b).

  • The term "Compensation Committee" means the Compensation Committee of the Board of Directors of the Company.

  • The term "Compensation Plans" shall have the meaning set forth in Section 3.11(b)(ii).

  • The term "Compensation" shall mean the Base Salary and participation in the Sequoia Software Corporation 2000 Stock Incentive Plan.

  • The term "Compensation Plans" shall have the meaning set forth in Section 3.11(b).

  • The term "Compensation Committee" for purposes of this Agreement means the Compensation Committee of the Board.

  • The term "Compensation Committee" for purposes of this Agreement shall mean the Compensation Committee of the Board.

  • The term "Compensation Committee" for purposes of this Agreement shall mean the Executive Compensation and Management Development Committee of the Board.

  • The term "Compensation Committee" for purposes of this Agreement shall mean the Executive Compensation and Management Development Committee of the Board, or any successor to such committee.