Compensation Exclusions Sample Clauses

Compensation Exclusions. Compensation shall exclude the item(s) listed below for purposes of determining Deferral Contributions, Employee Contributions, if any, and Qualified Nonelective Employer Contributions, or, if Subsection 1.01(b)(3), Profit Sharing Only, is selected, Nonelective Employer Contributions. Unless otherwise indicated in Subsection 1.05(b), these exclusions shall also apply in determining all other Employer-provided contributions. (Check the appropriate box(es); Options (2), (3), (4), (5), and (6) may not be elected with respect to Deferral Contributions if Option 1.10(a)(3), Safe Harbor Matching Employer Contributions, is checked):
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Compensation Exclusions. Compensation shall exclude the item(s) selected below.
Compensation Exclusions. Compensation shall not include reimbursements or other expense allowances, fringe benefits (cash and non-cash), moving expenses, deferred compensation, welfare benefits, unused leave (as described in Section 2.01(k)(2)), or any of the following additional item(s):
Compensation Exclusions. 22. Exclude pay earned before participation in Plan from definition of Compensation: [ ] Yes [ ] No Unless "No" is checked, Compensation shall include only that compensation which is actually paid to the Participant by the Company during that part of the Plan Year the Participant is eligible to participate in the Plan. Otherwise, Compensation shall include that compensation which is actually paid to the Participant by the Company during the Plan Year.
Compensation Exclusions. Compensation shall exclude the item(s) listed below for purposes of determining contributions. (Check the appropriate box(es)):
Compensation Exclusions. Compensation shall exclude the item(s) listed below for purposes of determining Deferral Contributions, Employee Contributions, if any, and Qualified Nonelective Employer Contributions, or, if Subsection 1.01(b)(3), Profit Sharing Only, is selected, Nonelective Employer Contributions. Unless otherwise indicated in Subsection 1.05(b), these exclusions shall also apply in determining all other Employer-provided contributions. (Check the appropriate box(es); Options (2), (3), (4), (5), and (6) may not be elected with respect to Deferral Contributions if Option 1.10(a)(3), Safe Harbor Matching Employer Contributions, is checked): (1) / / No exclusions. (2) / / Overtime Pay. (3) /x/ Bonuses. (4) / / Commissions. (5) /x/ The value of a qualified or a non-qualified stock option granted to an Employee by the Employer to the extent such value is includable in the Employee's taxable income. (6) / / Severance Pay. (b)
Compensation Exclusions. Compensation shall exclude the item(s) listed below for purposes of determining contributions. (Check the appropriate box(es)): (1) [X] No exclusions. (2) [_] Overtime Pay. (3) [_] Bonuses. (4) [_] Commissions. (5) [_] The value of a qualified or a non-qualified stock option granted to an Employee by the Employer to the extent such value is includable in the Employee's taxable income. (6) [_] Severance Pay.
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Compensation Exclusions a. ☒ Compensation earned by Employee prior to becoming eligible to participate will be excluded in allocating QNEC
Compensation Exclusions. Compensation shall exclude the sum of all of the following items, even if otherwise includible in gross income: (i) reimbursements or other expense allowances; (ii) cash and noncash fringe benefits; (iii) moving expenses; (iv) deferred compensation; and (v) welfare benefits.
Compensation Exclusions. Compensation, as defined in Plan Section 1.02, shall exclude the following. If deemed Code Section 125 Compensation is excluded below, it shall also be excluded in Plan Section 3.07.
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