Cumulative Compensation definition

Cumulative Compensation means the total aggregate compensation provided under Liquidity Events.
View Source
Cumulative Compensation means the annual aggregate amount of compensation earned and paid to the Bank in a calendar year from this uncommitted facility from Letter of Credit commissions, interest on Advances (calculated on the margin collected over the Bank’s Cost of Funds or the Bank’s Prime Rate with respect such Advances as determined by the Bank), Administrative Fee and monthly wire transfer fees. Cumulative Compensation shall not include the Origination Fee or
View Source

Examples of Cumulative Compensation in a sentence

  • If the Employee dies prior to the Salary accumulating to the level of the Cumulative Compensation Amount, the Employer shall pay to the Employee's estate the Salary that would otherwise be payable to the Employee under the terms of this Agreement.

  • Under no circumstances shall the Funding Advances be deemed to be an increase in the Contract Price, nor create entitlement to an increase in the Maximum Cumulative Compensation Amount.

  • The Funding Advances shall not: (x) increase the Contract Price; (y) modify the Target Earnings Schedule; or (z) modify the Maximum Cumulative Compensation Amount.

Related to Cumulative Compensation

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

  • 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.

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Basic Compensation means Salary and Benefits.

  • 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.