Compensation Rate definition

Compensation Rate. The rates listed include base hourly rate determined above plus employee benefits. Employee benefits include those costs actually incurred by the XXFD for the employment of these individuals, such as employer liability, workers compensation, employer share of social security, etc.

Compensation Rate means, for any day, (a) with respect to any amount denominated in Dollars, the greater of (i) the Federal Funds Rate and (ii) an overnight rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation and (b) with respect to any amount denominated in an Agreed Currency (other than Dollars), the Overnight Rate.

Compensation Rate means the cash compensation of an Employee Participant, including (i) annual Base Salary rate in effect on the date the Deferral Agreement is executed and (ii) the standard short-term award amount in effect on the date the Deferral Agreement is executed for an Employee Participant who is an officer in the executive compensation group or lump sum payments under incentive compensation programs received for performance rendered during the calendar year preceding the year in which the Deferral Agreement is executed for an Employee Participant other than an officer in the executive compensation group.

Examples of Compensation Rate in a sentence

• The VSS Compensation Rate of $2,592/MVAr, as determined in 2014, shall be adjusted annually by the annual average Consumer Price Index of the previous year.

• For purposes of the calculation set forth in Section 15.2.2 of this Rate Schedule, the annual payment to Suppliers qualified and eligible to provide Voltage Support Service shall equal the product of the VSS Compensation Rate and the sum of the lagging and the absolute value of the leading MVAr capacity of the resource, as evidenced by tests conducted pursuant to ISO Procedures.

• Other than STGUs selected under the one-time competitive procurement described in 225 CMR 20.07(3), no STGU shall be eligible to qualify in the Company’s first capacity block unless it has a capacity equal to or less than one megawatt or is eligible to receive a Compensation Rate Adder (special rate adders specific to certain types of STGUs).

• Solar Tariff Generation Units that receive a capacity allocation in more than one Capacity Block will receive a blended Compensation Rate that reflects the rates applicable to both Capacity Blocks.

• The Trustee's Compensation Rate pursuant to Section 6.04 of the Standard Terms and Conditions of Trust shall be an annual fee in the amount of $.0096 per Unit, calculated based on the largest number of Units outstanding during the calendar year (such annual fee to be pro rated for any calendar year in which the Trustee provides services during less than the whole of such year).

More Definitions of Compensation Rate

Compensation Rate means the rate of one percent per month during the first 30 days in the aggregate in which any one or more Compensation Periods are in effect and two percent per month thereafter.

Compensation Rate means the cash compensation of a Participant, including (i) annual Base Salary rate in effect on the date the Deferral Agreement is executed, and (ii) standard lump-sum award amount(s) in effect under incentive compensation programs on the date the Deferral Agreement is executed. For Participants employed by Participating Companies whose compensa­tion structures do not readily fit within this definition, Compensation Rate means cash compensation as defined by the CEO.

Compensation Rate means, for any day, (a) with respect to any amount denominated in Dollars, the greater of (i) the Federal Funds Rate and (ii) an overnight rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation and

Compensation Rate means, at any date of determination, a rate per annum equal to 2.00% plus the rate applicable to Base Rate Loans at such date of determination.

Compensation Rate means the rate at which Eskom shall pay the Project Developer for the Energy Savings based on performance results.

Compensation Rate means 66 2/3% of the employee’s average weekly wage pursuant to Section 440.14, F.S., as calculated by the claims-handling entity, carrier, as ordered by a Judge of Compensation Claims, or to which the parties have stipulated.

Compensation Rate means, for any day, (a) with respect to any amount denominated in Dollars, the greater of (i) the Federal Funds Rate and (ii) an overnight rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation, (b) with respect to any amount denominated in Euro, €STR and (c) with respect to any amount denominated in Sterling, SONIA.