Definitions of Compensation Sample Clauses

Definitions of Compensation. A. For purposes of determining the amount of Contributions which shall be allocated to each eligible Participant's Accounts in the Plan, Compensation shall mean Code Section 415(c) Compensation as defined in Plan Section 1.11(b)(1)-(11). B. For purposes of nondiscrimination testing, Section 414(s) Compensation shall be determined in accordance with Plan Section 1.11(d).
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Definitions of Compensation. A. Code section 415(c) Compensation shall be defined pursuant to Plan Sections 1.12(b) and (c). B. Compensation, for purposes of determining the amount of contributions set forth in Section IV. of this Adoption Agreement, shall be the same as set forth in Section V.A. of this Adoption Agreement. Notwithstanding the foregoing, effective February 1, 2008, compensation shall also include overtime, medical leave salary continuation, and any Compensation paid within 21/2 months after severance from employment if, in the absence of severance of employment, the payment of Compensation would have been made and the Compensation represents regular cash Compensation but shall exclude consulting fees, physical fitness reimbursements, tuition assistance, imputed benefits for domestic partners, routine physical exam bonus and any other non-performance related bonuses designated as ineligible by the Employer, employment-related sanctions, imputed company apartments, imputed company planes, imputed company cars, imputed executive life insurance, rideshare programs, bus passes, imputed company paid life insurance, imputed moving expenses, moving expense bonus, deferred compensation, imputed stock options, dividends from unvested restricted stock, imputed regular stock paid as the Employer’s matching amount under the Zenith National Insurance Corp. 2007 Employee Stock Purchase Plan, imputed country club fees, long term disability, qualified moving expenses and car allowances. C. Compensation, for purposes of the preceding Sections V.A. and V.B., shall include leave cashouts for Participants, pursuant to Plan Section 1.12(e)(3)(B). Compensation, for purposes of the preceding Sections V.A. and V.B., shall not include deferred compensation payments for Participants, pursuant to Plan Section 1.12(e)(3)(B). D. Compensation, for purposes of nondiscrimination testing, shall be defined as set forth in V.A. above. E. Compensation shall not include salary continuation payments for Participants performing military service, pursuant to Plan Section 1.12(e)(4)(A). F. Compensation shall not include salary continuation payments for Participants who are permanently and totally disabled, pursuant to Plan Section 1.12(e)(5)(A).”
Definitions of Compensation. A. Code Section 415(c) Compensation shall be defined as set forth in Section 1.12(b)(10)(A) of the Plan. B. Code section 414(s) Compensation shall: 1. mean Compensation as defined in Section 1.12(d)(1) of the Plan, and shall include Salary Deposit Contributions under the Plan and any salary reductions made under a Code Section 125 plan; and 2. be limited to the period for which an Employee is a Participant in the Plan.
Definitions of Compensation. A. Code Section 415(c) Compensation shall be defined pursuant to 1.11(b)(1) (11) of the Plan, but shall exclude: 1. holiday bonuses;
Definitions of Compensation. A. Code Section 415(c) Compensation shall be defined for Hourly Employees as the amount paid to a Participant equal to the total of base pay, overtime, shift differential, and amounts deferred pursuant to Section III and/or a plan subject to section 125 of the Code. B. Code Section 415(c) Compensation shall be defined for Salaried Employees as the amount paid to a Participant equal to the total of base pay, overtime, commissions, shift differential, and amounts deferred pursuant to Section III and/or a plan subject to section 125 of the Code. Compensation shall not include unused or accrued vacation pay, cash bonus, retention/sign-on/relocation bonus, Special Performance Awards, profit sharing, tuition, lump sum salary adjustment, disability, severance, and other amounts as may be determined by the Employer on a nondiscrimatory basis. Compensation shall not include payments under any Performance Incentive Programs maintained by the Employer. C. Code Section 414(s) Compensation shall be defined as set forth in Plan Section 1.11(d). D. For all definitions of Compensation, Compensation shall be limited to the period for which an Employee is a Participant in the Plan.

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