Unearned Compensation definition

Unearned Compensation means all Unearned Incentive-Based Compensation and all Unearned Operating Performance-Based Compensation.
Unearned Compensation means the base salary or wages, excluding overtime pay, bonuses, and the other irregular payments that a Participant expects to earn in the performance of services for the Employer during the Plan Year, but which he or she has not yet earned, determined prior to any amounts being withheld under the Bowdoin College Flexible Benefits Plan or any amounts being withheld under a tax-sheltered annuity or custodial account within the meaning of Section 403(b) of the Code.
Unearned Compensation means the base salary or wages, excluding overtime pay, bonuses, and other irregular payments, that a Participant expects to earn for the performance of services for the Employer during the Plan Year, but which he or she has not yet earned, de- termined without regard to any election to reduce his or her compensation on a before-tax basis under this Plan or to purchase a tax-sheltered annuity or custodial account under Code Section 403(b).

Examples of Unearned Compensation in a sentence

  • Unearned Compensation is being amortized to compensation expense over the vesting period and is shown as a reduction of stockholders' equity.

  • Notwithstanding anything in this Agreement to the contrary, Grantee acknowledges and agrees that this Agreement and the award described herein are subject to the terms and conditions of the Corporation’s Policy on Recoupment of Unearned Compensation (as previously adopted and, from time to time, amended by the Board), a copy of which shall be distributed to the Grantee.

  • Unearned Compensation VeriSign accounts for its unearned compensation plans using the intrinsic value method of Accounting Principles Board Opinion ▇▇.

  • Paid-in Capital in Excess of Par Value and Unearned Compensation were recorded for the market value of the shares issued.

Related to Unearned 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).

  • 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.

  • 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)).

  • Deferred Compensation Award means an award of Stock Units granted to a Participant pursuant to Section 11 of the Plan.

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