Definition of Compensation. Your organization is considered a subrecipient of federal funds. Unless your organization is exempt, FFATA requires you to report total compensation for each of your five most highly compensated executives for the preceding completed year. Total compensation means the cash and non-cash dollar value earned by the executive during the subrecipient's preceding fiscal year and includes the following: salary and bonus; awards of stock, stock options, and stock appropriation rights; earnings for services under non-equity incentive plans; change in pension value; above-market earnings on deferred compensation which is not tax-qualified; and other compensation as defined in 2 CFR Part 170, Section 170.330(b)(5)(vi).
Definition of Compensation. Compensation includes wages, salary, commissions, bonuses, and tips, but does not include income from interest, dividends, or other earnings or profits from property, or amounts not included in your taxable income. It also includes your earned income if you are self-employed (reduced by deductible Xxxxx plan contributions and one-half of your self-employment taxes) and taxable alimony. The IRS treats as compensation any amount properly shown on your Form W-2 as “wages, tips, and other compensation” reduced by the amount shown on that form as distributions from nonqualified plans.
Definition of Compensation. For purposes of termination, compensation at the time of termination shall be deemed to include accrued sick and vacation and salary through the effective date of termination, plus any and all benefits normally granted by Employer to Employees upon termination.
Definition of Compensation. A Participant’s Compensation for purposes of Non-Safe Harbor Matching Contribution # 2 will be determined as indicated below.
Definition of Compensation. A Participant’s Compensation for purposes of Non-Safe Harbor Matching Contribution # 1 will be determined as indicated below.
(a) Compensation is defined as: (check one) x Form W-2 Compensation ¨ Code §3401 Compensation ¨ Safe Harbor Code §415 Compensation
(b) Elective contributions under Code §125, §132(f)(4), §401(k), §402(h), §403(b), §457(b) and §414(h)(2) will: (check one) x Be included as Compensation ¨ Not be included as Compensation
(c) The Compensation measuring period is the: (check one) x Plan Year ¨ Fiscal Year ending on or within the Plan Year ¨ Calendar year ending on or within the Plan Year
(d) x The following categories of remuneration will not be counted as Compensation: (check all that apply)
¨ 1) Compensation received prior to becoming a Participant for Non-Safe Harbor Non-Elective Contributions
¨ 2) Compensation received while an ineligible Employee under Section 1.2 of this Addendum ¨ 3) All items in Regulation §1.414(s)-1(c)(3) (i.e., expense allowances, fringe benefit, moving expenses, etc.)
Definition of Compensation. Your organization is considered a subrecipient of federal funds. Unless your organization is exempt, FFATA requires you to report total compensation for each of your five most highly compensated executives for the preceding completed year. Total compensation means the cash and non-cash dollar value earned by the executive during the subrecipient's preceding fiscal year and includes the following: salary and bonus; awards of stock, stock options, and stock appropriation rights; earnings for services under non-equity incentive plans; change in pension value; above-market earnings on deferred compensation which is not tax-qualified; and other compensation as defined in 2 CFR Part 170, Section 170.330(b)(5)(vi). More detailed information about the FFATA can be found at: xxxx://xxxxxxx.xxxxxx.xxx.xxx/2010/pdf/2010- 22705.pdf Xxxx Xxxxxxx Program and Funding Services Manager Oregon Department of Transportation 000 00xx Xxxxxx XX Xxxxx, XX 00000 Xxxxxxx.X.XXXXXXX@xxxx.xxxxx.xx.xx Telephone: 000-000-0000 Agreement No. 34020 XX 00xx Xxx. over I-84 & Union Pacific RR Bridge (Portland)
Definition of Compensation. Compensation includes your wages, salary, commissions, bonuses, and tips, but does not include income from interest, dividends, or other earnings, or profits from property, or amounts not included in your taxable income. It also includes your earned income if you are self- employed (reduced by deductible Xxxxx plan contributions and one-half of your self-employment taxes) and taxable alimony. The IRS treats as compensation any amount properly shown on your Form W-2 as “wages, tips, and other compensation” reduced by the amount shown on that form as distributions from nonqualified plans. In addition, nontaxable combat pay is also considered compensation eligible for Xxxx XXX contributions, effective retroactively, beginning with tax year 2004.
Definition of Compensation. Compensation shall exclude the item(s) listed below: [ ]No exclusions. [ ]Overtime pay. [ ]Bonuses. [ ]Commissions. [ ]Longevity Pay. [ ]Severance pay. [ ]Fringe benefits, expense reimbursements, deferred compensation and welfare benefits. [ ]Accrued vacation or sick leave paid upon termination of employment and moving expenses. [ ]Other:
Definition of Compensation. Compensation shall exclude the item(s) listed below: [ X ] No exclusions. [ ] Overtime pay. [ ] Bonuses. [ ] Commissions. [ ] Longevity pay. [ ] Severance pay.
Definition of Compensation. The Salary, and the other perquisites set forth in this Agreement including the Benefits, are herein collectively referred to as the "Compensation."
