Compensation Reductions definition

Compensation Reductions means the amount by which a Participant reduces his compensation to purchase benefits under the Plan (i.e., pre-tax contributions to the Plan). Compensation Reductions shall be deducted in equal amounts from a Participant’s paychecks over the entire Plan Year or over a nine-month period during the Plan Year. The nine-month period shall correspond with Employer’s school year.
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Compensation Reductions means, with respect to the Borrower or any Subsidiary, the reduction of the total amount of compensation, including wages and benefits, paid to its United States employees so that, by no later than December 31, 2009, the average of such total amount, per hour and per person, is an amount that is
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Compensation Reductions means, with respect to the Borrower or any Subsidiary, the reduction of the total amount of compensation, including wages and benefits, paid to its United States employees so that, by no later than December 31, 2009, the average of such total amount, per hour and per person, is an amount that is competitive with the average total amount of such compensation, as certified by the Secretary of the United States Department of Labor, paid per hour and per person to employees of Nissan Motor Company, Toyota Motor Corporation, or American Honda Motor Company whose site of employment is in the United States.
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Examples of Compensation Reductions in a sentence

  • NOTE: An immediate standard reduction to the Contractor’s compensation will be applied if a section is closed when an attendant is not actively cleaning and/or servicing that section as specified in Standard Compensation Reductions.

  • NOTE: An immediate standard deduction to the Contractor’s compensation will be applied when sidewalks are not maintained as specified in Standard Compensation Reductions.

  • Yes/No$ Amount or% Reduction Standard Compensation Reductions in personnel, supplies, and procedures are effective immediately.

  • NOTE: Failure to comply with the Adverse Weather Policy will result in an immediate standard reduction to the Contractor's compensation when the required number of attendants are not present or on duty for any part of all shifts as specified in Standard Compensation Reductions.

  • NOTE: Failure to make repairs within the time limits will result in an immediate documentation of reduction in compensation as specified in Standard Compensation Reductions.

  • NOTE: Failure to recycle as specified will result in an immediate reduction in compensation as specified in Standard Compensation Reductions.

  • NOTE: An immediate standard deduction to the Contractor's compensation will be applied when staff is not in specified uniform, or when the Contractor is without a uniform rental and cleaning contract, as specified in Standard Compensation Reductions and Daily Compensation Reduction Schedule.

  • Contractor’s employee working for vending personnel will be considered as “Attendant Not on Duty” as specified in Standard Compensation Reductions.

  • An immediate standard compensation reduction for insufficient dumpster services is specified in Standard Compensation Reductions.

  • NOTE: Failure to fertilize within the time frame as specified will result in immediate documentation of reduction in compensation as specified in Standard Compensation Reductions.


More Definitions of Compensation Reductions

Compensation Reductions means contributions made by an Employer pursuant to a Participant's salary reduction election under Articles 4.2 and 4.3.
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Compensation Reductions means the amount by which a Participant reduces his Compensation to purchase benefits under the Plan (i.e., pre-tax contributions to the Plan).
Sample 1
Compensation Reductions means the amount by which a Participant reduces his Compensation to purchase benefits under the Plan (i.e., pre-tax contributions to the Plan). Compensation Reductions shall be deducted in equal amounts from a Participant’s paychecks during the Plan Year.
Sample 1
Compensation Reductions means the amount by which a Participant reduces his or her Compensation to purchase benefits under the Plan (i.e., pre-tax contributions to the Plan). Compensation Reductions shall be periodically deducted from a Participant’s paychecks during payroll periods during the Plan Year.
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Related to Compensation Reductions

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Final compensation of a member means:

  • Additional Compensation has the meaning given to it in Section 10.2;

  • Salary as defined in Section 3.1(a).

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).