Highest Average Compensation. For Limitation Years beginning before January 1, 2000, the average Compensation for the three (3) consecutive Years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period defined in the Adoption Agreement, or, if not indicated in the Adoption Agreement, as defined in paragraph 1.122.
Highest Average Compensation. The average compensation for the three consecutive years of service with the employer that produces the highest average.
Highest Average Compensation. The average Compensation for the three consecutive Years of Service with the Employer that produces the highest average. A Year of Service is the 12-consecutive month period defined in Section 16.03.
Highest Average Compensation. A term used to apply the combined plan limit under Code §415(e). See Section 7.5(b)(3).
Highest Average Compensation. Highest average compensation means the averagess. 415 compensation for the three (3) consecutive calendar years during which the Participant was both an active participant in the defined benefit plan and had the greatest aggregate compensation from the Employer.
Highest Average Compensation. Average Compensation for the three consecutive Years of Service with the Employer that produce the highest average. For this purpose, a Year of Service means the calendar year.
Highest Average Compensation. “Highest Average Compensation” means the average compensation for the three consecutive Years of Service with the Employer that produces the highest average.
Highest Average Compensation. A Participant's "Highest Average Compensation" is his or her average Compensation for the three consecutive Years of Service with the Employer that produces the highest average. (i) Limitation Year. A "Limitation Year" is the Plan Year or any other 12-consecutive-month period specified by the Employer in the Adoption Agreement. All qualified plans maintained by the Employer must use the same Limitation Year. If the Limitation Year is amended to a different 12-consecutive-month period, the new Limitation Year must begin on a date within the Limitation Year in which the amendment is made. (j) Master or Prototype Plan. A "Master or Prototype" plan is a plan the form of which is the subject of a favorable opinion letter from the Internal Revenue Service. (k)
Highest Average Compensation. For purposes of calculating the Defined Benefit Fraction, the average compensation for the three (3) consecutive Years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve-consecutive month period defined in Item B(4)(j) of the Adoption Agreement.
Highest Average Compensation. The highest annual average of the Compensation paid by the Company to an Employee during any five (5) consecutive Plan Years (excluding Plan Years prior to the first Plan Year the Plan was top-heavy and excluding Plan Years subsequent to the last Plan Year the Plan was top-heavy) or during all of such Plan Years during which the Employee received Compensation from the Company or an Affiliated Company if less than five (5).
