Aggregate Compensation definition

Aggregate Compensation means Regular Wage Base and an amount, if any, equal to the payout the Employee would have received under the Company’s Annual Bonus program at “target”, as defined in the Annual Bonus program, for the calendar year of the Employee’s termination as if the Employee has remained employed for the entire year. If Aggregate Compensation is being determined for any company or entity described in Section 2.3(f), the foregoing definition of Aggregate Compensation shall be applied to equivalent items of compensation to be received from such company or entity, provided that any incentive or bonus compensation to be received from such company or entity shall be taken into account even if not resulting from a formal annual incentive program. The term Aggregate Compensation shall only be relevant for determining whether a Comparable Offer of Employment has been made, and does not impact the calculation of severance pay as described in Section 3.1.

Aggregate Compensation means the sum of the Executive's (i) Base Pay and (ii)

Aggregate Compensation means Regular Wage Base and any annual cash incentive awards from a Participating Company or Affiliate annual incentive program.

Examples of Aggregate Compensation in a sentence

• The amount of the Annual Addition which may be allocated under this Plan to any Participant's Account as of any Allocation Date will not exceed the Defined Contribution Limit (based upon his Aggregate Compensation up to such Valuation Date) reduced by the sum of any allocations of annual additions made to Participant's Accounts under this Plan as of any preceding Allocation Date within the Limitation Year.

• The amount of the Annual Additions which may be allocated under this Plan to any Participant's Accounts as of any Allocation Date will not exceed the Defined Contribution Limit (based upon Aggregate Compensation up to the allocation date) reduced by the sum of any allocations of Annual Additions made to the Participant's Accounts under this Plan and any other qualified defined contribution plans maintained by the Employer as of any earlier Allocation Date within the Limitation Year.

• Aggregate Compensation in excess of the Statutory Compensation Limit is disregarded.

• For purposes of this paragraph, no act or failure to act on the Director’s part shall be considered “willful” unless done, or omitted to be done, by the Director not in good faith and without reasonable belief that the Director’s action or omission was in the best interest of the Bank.

• Any shortfall in Aggregate Compensation at December 31st of the relevant calendar year will be remedied through the payment of a year-end bonus.

More Definitions of Aggregate Compensation

Aggregate Compensation means one-twelfth of the average of an Active Participant’s Compensation from a Participating Employer, as defined in Code Section 415, earned during the five-consecutive-Plan-Year period in which the Active Participant’s compensation is the highest and during which the Plan is a Top-Heavy Plan, and during which the Active Participant earns a Year of Aggregate Service. If a person has less than five consecutive Plan Years of compensation, or if the Plan is not a Top-Heavy Plan during five consecutive Plan Years, “Aggregate Compensation” will mean one-twelfth of the average of the Active Participant’s compensation earned during the Plan Years the Plan was a Top-Heavy Plan and during which the Active Participant earned a Year of Aggregate Service, divided by the number of such Plan Years. An Active Participant’s Aggregate Compensation will exclude all compensation earned prior to January 1, 1984 or during any Plan Year the Plan is not a Top-Heavy Plan.

Aggregate Compensation means the sum of a Participant's Compensation and Deferred Compensation.

Aggregate Compensation means Code section 415 Compensation as defined in Article VIII.

Aggregate Compensation means the sum of the Base Salary and any bonus, in both cases, paid or payable to you for, or in respect of, the three (3) calendar years immediately preceding the year in which the notice in question is given by you, all divided by three. In any such case, the amounts in question shall be as reported on Revenue Canada Taxation Form T-4 and, if applicable, T-4A issued by Cineplex. For the purposes of this paragraph 10(A)(f), any bonus which was awarded otherwise than in cash shall be valued at the fair market value thereof which, in the case of common shares of Cineplex, shall be deemed to be the closing price on The Toronto Stock Exchange on the trading day immediately preceding the date on which the bonus was paid or became payable.

Aggregate Compensation means the sum of the Executive's (i) Base Pay, (ii) Bonus, and (iii) economic value of the Medical Plans, Retirement Plans and Welfare Plans.

Aggregate Compensation means the entire wages, salary, and other amounts actually paid by all Affiliates to an Employee for the relevant period for personal services actually rendered in the course of employment; including, but not limited to, commissions paid salesmen, compensation for services on the basis of a percentage of profits, and bonuses; provided, however, that Aggregate Compensation does not include:

Aggregate Compensation means the Base Fees and the Incentive Fees payable hereunder for a Fiscal Year.