W-2 Compensation. W-2 Compensation" as used in this Agreement means the Employee's "Gross Pay" (or any analogous term having the same or a similar meaning as "Gross Pay" hereafter used) as reported or reportable on his W-2 statement for the period or periods in question. When referring to a current tax year, "W-2 Compensation" refers to the annualized total computed to the end of such current year of all items includable in "Gross Pay" at their current level or levels unless the context clearly indicates otherwise.
Appears in 3 contracts
Samples: Employment Agreement (United National Bancorp), Employment Agreement (United National Bancorp), Employment Agreement (United National Bancorp)
W-2 Compensation. W-2 Compensation" as used in this Agreement means the Employee's "Gross Pay" (or any analogous term having the same or a similar meaning as "Gross Pay" hereafter used) as reported or reportable on his her W-2 statement for the period or periods in question. When referring to a current tax year, "W-2 Compensation" refers to the annualized total computed to the end of such current year of all items includable in "Gross Pay" at their current level or levels unless the context clearly indicates otherwise.
Appears in 1 contract
