Base Earnings definition

Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

Base Earnings means a Participant’s regular rate of pay including sick pay, vacation pay, retro pay, overtime, on-call pay, shift differential and short-term disability, but excluding incentive, discretionary, or signing bonuses, commissions, foreign service premiums, relocation, expatriate or auto allowances, and amounts payable under employee benefit plans.

Base Earnings means regular salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to deductions for employee contributions to any employee benefit plans or arrangements, and excluding bonuses and other incentive pay, but including commissions. The Administrator, in its discretion, may establish a different definition of Compensation for any future Accumulation Period(s) prior to the commencement of such Accumulation Period.

Examples of Base Earnings in a sentence

• Base earnings will be maintained when an employee is called for jury duty or is subpoenaed to appear in court as a witness except in cases involving inter-union jurisdictional disputes.

• Base earnings will be maintained for employees who have completed at least 3 consecutive months of continuous service.

• Base earnings will be maintained when an employee is called for jury duty or is subpoenaed to appear in court as a witness except in cases involving inter- union jurisdictional disputes.

• Base earnings will be maintained when an employee is called for jury duty or is subpoenaed to appear in court as a witness.

• Legal Hearings Base earnings will be maintained when an employee is called for jury duty or is subpoenaed to appear in court as a witness except in cases involving inter-union jurisdictional disputes.

More Definitions of Base Earnings

Base Earnings in this Section refers to base pensionable earnings for normal scheduled hours of work.

Base Earnings means the base amount of compensation paid to such Participant by the Employer, exclusive of bonuses, the value of equity based compensation, fringe benefits, and similar types of compensation, as determined by the Committee in its sole discretion.

Base Earnings means the salary, wages or other remuneration periodically received by a Member in respect of the time worked in ordinary hours:

Base Earnings means the Employee's regular salary rate before deductions required by law and deductions authorized by the Employee. Base Earnings do not include: pay for overtime, extended workweek schedules, or any other form of extra compensation; payments by the Company or subsidiary corporations, as applicable, of social security, worker's compensation, unemployment compensation, any disability payments or other payments required by statute; or contributions by the Company or subsidiary corporations, as applicable, for insurance, annuity, or other employee benefit plans.

Base Earnings means earnings excluding all Performance Incentives earned for the applicable calendar year. The Base Earnings calculation also shall exclude any financial penalties incurred by Narragansett Electric that may have been assessed by the PUC or the Division during the calendar year, and the report shall disclose those excluded amounts separately.

Base Earnings means the actual gross base pay received, while an eligible Participant, during the Plan Year. Base Earnings shall exclude payments of all other bonuses, commissions, imputed income, and any other non-base pay forms of compensation.

Base Earnings means that part of earnings in any calendar year determined in accordance with the following table: