Examples of Applicable Compensation in a sentence

Under the terms stated below, and subject to any limitations contained in the Plan, a Participant may elect to make Pre-Tax Contributions to the Plan in integral percentages of his Applicable Compensation from a minimum of one percent to a maximum of sixteen percent (16%).
For each Plan Year the Company Matching Contributions made on behalf of each Participant will equal fifty percent (50%) of the sum of such Participant's Pre-Tax Contributions which are equal to or less than six percent (6%) of such Participant's Applicable Compensation.
The annual Applicable Compensation of each Employee taken into account in determining contributions under the Plan for any Plan Year shall not exceed $170,000, as adjusted under Code (S) 401(a)(17).
The Member's Applicable Compensation, but limited to such compensation received while a Member (or eligible to participate in the Plan) to the extent permitted by applicable regulations.
If the Plan determines Applicable Compensation for a period of time that contains fewer than 12 calendar months, the above limitation is to be proportionately reduced.

More Definitions of Applicable Compensation

Applicable Compensation has the meaning set forth in Section 2.3. 1.3 "Beneficial Ownership" has the meaning Rule 13d-3 promulgated under the Securities Exchange Act of 1934. 1.4 "Change of Control" means any event described in subparagraphs (a) through (e) below: (a) The acquisition by any Person of Beneficial Ownership of 20% or more of the Stock or the Voting Power of Trigon Healthcare, but excluding for this purpose any acquisition by the Company (or an Affiliate) or by an employee benefit plan sponsored by the Company (or an Affiliate). When two or more persons act in concert for the purpose of acquiring Stock or Voting Power of Trigon Healthcare, such Persons shall be deemed to be a single Person.

Applicable Compensation means amounts paid by Amoco or an Affiliated Company to an Employee who is eligible to participate as (i) basic salary and wages, including forms of base pay delivered in alternative forms such as piecework; payment by mileage for drivers; overtime; and shift differentials, (ii) pay-in- lieu of vacation, (iii) commissions, (iv) variable incentive payments, (v) bonuses in the year received while an Employee, including foreign service premium payments made prior to January 1, 1997, (vi) lump sum performance awards, and (vii) amounts contributed on behalf of the Employee to a cafeteria plan or a cash or deferred arrangement and not included in the Employee's gross income for federal income tax purposes under Section 125 or 402(e)(3) of the Code, but excluding (i) sign-on, retention, severance and separation payments, (ii) reward and recognition payments, (iii) remuneration received attributable to moving and educational expenses, (iv) expense allowances and reimbursement for federal income tax purposes, and (vi) any other items of remuneration.

Applicable Compensation means: (i) any annual performance-based cash bonus awarded afterthe Effective Date pursuant to the Company's incentive compensation program or any other bonus that relates, in whole or in part, to performance in the Lookback Period, and (ii) any performance-based equity award granted after the Effective Date under the Company's long-termcompensation program or other executive compensation plan, or any successor plan thereto, thatrelates, in whole or in part, to performance in the Lookback Period.

Applicable Compensation means all compensation reported on the Officer's Form W-2 (Wages, tips, other compensation box) for a calendar year, including, but not limited to, any overtime and bonuses and cash awards under the Employer's Long Term Incentive Plan (terminated on February 14, 1996) actually paid by the Employer to the Officer during the calendar year, but adding thereto any amount which is contributed by the Employer pursuant to a salary reduction agreement and which is not includible in the Officer's gross income under section 125, 402(e)(3), 402(h)(1)(B), or 403(b) of the Code, and excluding therefrom amounts received as stock awards under the Employer's Long Term Incentive Plan (terminated on February 14, 1996), and excluding therefrom any taxable employee benefits of any kind (e.g., reimbursements of moving and relocation expenses, insurance premiums, automobile, health, medical, and dental expenses, the cost of group term life insurance, compensation arising from the exercise of a nonqualified stock option or from a stock grant, and any fringe benefit which is not excluded from gross income under section 132 of the Code).

Applicable Compensation has the meaning set forth in Section 2.3.

Applicable Compensation means Limitation Compensation ------------------------- for the Plan Year for which a determination is being made under Section 4.6 and/or 4.8 plus any amount which is not includible in an Employee's gross income by reason of the application of section 125, 402(e)(3), 402(h)(1)(B), or 403(b) of the Code.