ACP Compensation definition
ACP Compensation means for any Plan Year, Adjusted Compensation received during the Plan Year by an Eligible Employee for personal services actually rendered in the course of employment with the Employer during such Plan Year; provided, however, that at the election of the Committee, ACP Compensation may be limited to Adjusted Compensation received by an Eligible Employee for the portion of the Plan Year in which such Eligible Employee was eligible to participate in the Plan. For purposes of this Section, Adjusted Compensation shall include Salary Deferral Contributions, any pre-tax salary reduction contributions
ACP Compensation means, with respect to any person who is an eligible Participant and for any Plan Year, the eligible Participant’s Compensation received for services as a Covered Employee for the part (and only during the part) of such Plan Year in which he or she is a Participant.
ACP Compensation means, with respect to any person who is an eligible Participant and for any Plan Year: (i) for any Plan Year that begins on or after January 1, 2010, the eligible Participant’s Compensation for the part (and only during the part) of such Plan Year in which he or she is both a Participant and a Covered Employee; or (ii) for any Plan Year that begins prior to January 1, 2010, the eligible Participant’s Compensation for such Plan Year that is received for services as a Covered Employee during such entire Plan Year (regardless of whether he or she is a Participant for the entire Plan Year or for only part but not all of such Plan Year).
More Definitions of ACP Compensation
ACP Compensation means for any Plan Year, Adjusted Compensation received during the Plan Year by an Eligible Employee;