Compensation Reviews definition

Compensation Reviews. Base Salary reviews shall be performed annually on each anniversary of your Start Date. Any increases in Base Salary or cash bonuses, or any continuation of the Quarterly Bonus beyond the initial twelve (12) month period, shall be made in the Company's discretion on the appropriate anniversary date by the independent members of the Company's Board of Directors (or Compensation Committee if so formed), or by the non-interested members of the Company's Board of Directors if no independent members are elected, pursuant to both the Company's guidelines as they exist from time to time, and the Company's overall financial, as well as your individual, performance.
Compensation Reviews. Base Salary reviews shall be performed annually on each anniversary of your Start Date. Any increases in Base Salary or cash bonuses shall be made in the Company's discretion on the anniversary date, pursuant to both the Company guidelines as they exist from time to time, and the Company's overall financial, as well as your individual, performance. Commission reviews shall be performed on a quarterly basis and/or as new sales personnel are hired by the Company.
Compensation Reviews. Base Salary reviews shall be performed annually on each anniversary of your Start Date. Any increases in Base Salary or cash bonuses, or any continuation of the Quarterly Bonus beyond the initial twelve (12) month period, shall be made in the Company's discretion on the appropriate anniversary date by the independent members of the Company's Board of Directors (or Compensation Committee if so formed), or by the non-interested members of the Company's Board of Directors if no independent members are elected, pursuant to both the Company's guidelines as they exist from time to time, and the Company's overall financial, as well as your individual, performance. Severance: In the event that your employment is terminated without Cause by the Company, or you terminate your employment for Cause, you shall be entitled to severance at the rate provided by your Base Salary on the following basis: Months employed months of severance payment

Examples of Compensation Reviews in a sentence

  • Compensation Reviews AIS will review employee compensation annually.

  • That authority be delegated to Chief Internal Auditor (Head of Partnership) to determine Compensation Reviews.

  • Workers Rehabilitation and Compensation (Reviews and Appeals) Regulations 1999The Workers Rehabilitation and Compensation (Reviews and Appeals) Regulations 1999 apply to disputes lodged before the Review Panel, Appeal Tribunal or Supreme Court prior to 3 June 1996.

  • To determine Compensation Reviews under the Assets of Community Value (England) Regulations 2012, following consultation with the Executive Member for Resources 4.

  • Functions most commonly viewed as needing improvement include: (1) HR Recruiter System/New Hire Process, (2) Succession Planning, (3) Classification and Compensation Reviews, and (4) Performance Management.

  • Compensation• Ontario Employment Standards Act, 2000 and Regulations• Company Directive Policy #6 Employment Equity• Ford/Unifor Collective Agreement• Pay Equity Act• Ford of Canada HR Business Operations Competitive Benchmarking.• Compensation Reviews within Compensation Planning process.• Weekly and Annual Wage Rate Review and Auditing Processes for Hourly employee wage administration.• Pay Equity Plan.

  • Each xxxx shall constitute a Compensation Review Committee (“CRC” or “Committee”) consisting of three to five tenured faculty members at the rank of Distinguished Professor to consider Compensation Reviews requested by eligible faculty.

  • We are including within your request complaints relating to.- Maladministration- Compensation Reviews- Overpayment Recovery- Review of payment due under s.166- Approval of s.143 Valuation Please find the response to this question in appendix 1 of this document.

  • See “2014 Executive Compensation Reviews - Performance Based Cash Awards” herein.

  • For more information, please contact lib-ir@fsu.eduTHE FLORIDA STATE UNIVERSITY COLLEGE OF EDUCATION‌‌‌‌‌COURT INTERVENTION AND INSTITUTIONAL REFORM: THE BOBBY M.

Related to Compensation Reviews

  • Performance Review means a summative evaluation of a teacher other than a beginning teacher and used to determine whether the teacher’s practice meets school district expectations and the Iowa teaching standards, and to determine whether the teacher’s practice meets school district expectations for career advancement in accordance with Iowa Code section 284.7.

  • Architectural Review Committee or “ARC” shall mean the architectural review committee established by the Organization to review plans submitted to the Organization for architectural review.

  • Utilization review means the prospective (prior to), concurrent (during) or retrospective (after) review of any service to determine whether such service was properly authorized, constitutes a medically necessary service for purposes of benefit payment, and is a covered healthcare service under this plan. WE, US, and OUR means Blue Cross & Blue Shield of Rhode Island. WE, US, or OUR will have the same meaning whether italicized or not. YOU and YOUR means the subscriber or member enrolled for coverage under this agreement. YOU and YOUR will have the same meaning whether italicized or not.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Accrued Professional Compensation means, at any given moment, all accrued, contingent and/or unpaid fees and expenses (including, without limitation, success fees) for legal, financial advisory, accounting and other services and reimbursement of expenses that are awardable and allowable under section 328, 330(a) or 331 of the Bankruptcy Code and were rendered before the Effective Date by any Retained Professional in the Chapter 11 Cases, or that are awardable and allowable under section 503 of the Bankruptcy Code, that have not been denied by a Final Order, all to the extent that any such fees and expenses have not been previously paid (regardless of whether a fee application has been filed for any such amount). To the extent that the Bankruptcy Court or any higher court denies or reduces by a Final Order any amount of a Retained Professional’s fees or expenses, then those reduced or denied amounts shall no longer constitute Accrued Professional Compensation.

  • independent review committee means the independent review committee of the investment fund established under National Instrument 81-107 Independent Review Committee for Investment Funds;

  • Medical Review Officer (MRO means a licensed physician, employed with or contracted with the City, responsible for receiving laboratory results generated by the City's drug testing program who has knowledge of substance abuse disorders, laboratory testing procedures, and chain of custody collection procedures; who verifies positive, confirmed test results, and who has the necessary and appropriate medical training to interpret and evaluate an individual's confirmed positive test result together with his or her medical history and any other relevant biomedical information.

  • Covered Compensation means any Incentive-Based Compensation granted, vested or paid to a person who served as an Executive Officer at any time during the performance period for the Incentive-Based Compensation and that was Received (i) on or after October 2, 2023 (the effective date of the Nasdaq listing standards), (ii) after the person became an Executive Officer, and (iii) at a time that the Company had a class of securities listed on a national securities exchange or a national securities association such as Nasdaq.

  • Compensation Plans shall have the meaning set forth in Section 3.11(b).

  • Compensation Committee means the Compensation Committee of the Board.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Incentive Compensation Plans means annual incentive compensation plans and long-term incentive compensation plans of the Company, which long-term incentive compensation plans may include plans offering stock options, restricted stock and other long-term incentive compensation.

  • Bonus means the bonus described in the Section 2.3.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • Basic Compensation means Salary and Benefits.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Annual Review means the process as set out in Clause 2.2 below and refers to the annual process of reviewing information and provisions of this Agreement in the light of legal and other changes at the School or the payment history of the parent/guardian. This is known as re- registration.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Eligible Compensation means, with respect to each Participant for each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined by the Committee, “Eligible Compensation” does not include

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).