Actual Salary means the regular basic compensation paid or payable to an employee during a calendar year by the Company or an Affiliate (including tax-deferred contributions, otherwise payable to an employee, elected by the employee under any Savings Plan and including earnings not payable by application of a salary reduction election made pursuant to Section 125 of the Internal Revenue Code), but excluding any other items of compensation such as (i) bonuses and commissions, (ii) overtime, (iii) transportation benefit plan deferrals, (iv) compensation under the terms of the long-term component of the Incentive Compensation Plan of the Company paid during such Plan Year, (v) Workers’ Compensation, (vi) amounts paid by the Company for insurance, retirement or other benefits, (vii) contributions or payments made by the Company or an Affiliate (other than tax-deferred contributions elected by the employee) under any Retirement Plan, any Savings Plan, this Plan or other benefits, or (viii) dismissal or other payments made to an employee as a result of termination of employment. The Actual Salary of an employee will include any payment made under any short-term disability income plan of the Company or an Affiliate.
Actual Salary means the salary received by the Faculty Member on Workload Reduction, which consists of basic salary plus any adjustments made in accordance with the following provisions of this agreement.
Actual Salary means the amount specified in item 6 of Schedule 1 or, where that amount is varied by clause 8, the varied amount;
Examples of Actual Salary in a sentence
Sick leave and disability payments under the plans shall be on the basis of Actual Salary.
Payments to a Member on a research/study leave shall be reduced from the normal research/study leave salary by the same percentage as the Member's Actual Salary is reduced from his/her Base Salary Rate.
The "Actual Salary" to be paid the Member shall be pro-rated from the Base Salary Rate in direct relation to the approved reduction in duties for the reduced appointment.
Disability payments under the plan shall be on the basis of Actual Salary.
The "Actual Salary" to be paid the Employee shall be pro-rated from the Normal Salary in direct relation to the approved reduction in hours of work for the reduced appointment.
More Definitions of Actual Salary
Actual Salary means the regular basic compensation paid or payable to an employee during a calendar year by the Company or an Affiliate (including tax-deferred contributions, otherwise payable to an employee, elected by the employee under any
Actual Salary means the actual salary compensation amount paid to Best including Base Compensation and any increases to such compensation received pursuant to Section 5 of this Agreement, exclusive of any lump sum bonuses, incentive payments, or contingent compensation amounts. "Average Compensation Amount" shall mean the amount of compensation equal to the average of the aggregate amounts of Actual Salary, lump sum bonuses, incentive payments, or contingent compensation received by Best in each of the three (3) calendar years immediately preceding the year in which Best's employment by BLC is terminated. In the event of termination of Best's employment with BLC pursuant to Section 9 hereof, Best shall continue to be paid by BLC as follows:
Actual Salary means the regular basic compensation paid or payable to an employee during a calendar year by the Company or an Affiliate (including tax-deferred
Actual Salary means the regular basic compensation paid or payable to an employee during a calendar year by the Company or an Affiliate (including tax-deferred contributions, otherwise payable to an employee, elected by the employee under any Savings Plan and including earnings not payable by application of a salary reduction election made pursuant to Section 125 of the Internal Revenue Code), but excluding any other items of compensation such as (i) bonuses and commissions, (ii) overtime, (iii) transportation benefit plan deferrals, (iv) compensation under the terms of the long-term component of the Incentive
Actual Salary means, where a teacher is employed on a full-time or part-time basis as a permanent teacher in a grant aided school or as a permanent peripatetic teacher, the rates of salary and allowances payable to that teacher as determined by the Department.
Actual Salary means the regular basic compensation paid or payable to an employee during a calendar year by the Company or an Affiliate (including tax-deferred contributions, otherwise payable to an employee, elected by the employee under any Savings Plan), but excluding any other items of compensation such as (i) bonuses and commissions, (ii) overtime,
Actual Salary means the cash salary actually paid by Multex to an ------------- Employee (including reasonable overtime), pro-rated to the extent that the Employee worked on Projects for less than one (1) Man Year; provided, that for purposes of the calculations herein, such salary amount shall not exceed the amount equal to the non-overtime salary cost of one (1) Man Year for such Employee.