Current Compensation definition

Current Compensation means all regular wage, salary and commission payments paid by the Company to a Participant in accordance with the terms of his or her employment, but excluding annual bonus payments and all other forms of special compensation.

Current Compensation means an amount equal to the sum of (i) the Base Salary and (ii) the Employee’s annual and quarterly bonuses for the fiscal year preceding the fiscal year in which severance benefits become payable to the Employee pursuant to Section 4(a) or (b) below.

Current Compensation means an amount equal to the greater of (A) Employee's highest annual base salary for the year preceding the year in which the termination occurs, or (B) Employee's annual base salary at any time during the year in which the termination occurs.

Examples of Current Compensation in a sentence

• The amount of the Current Compensation Amount deferred by the teacher under the plan cannot exceed 33 1/3 % in any calendar year in accordance with the Income Tax Act.

• The Company is proposing to refresh the effective date of the Current Compensation Plans so that the fixed maximum number of common shares of the Company that may be issued under the Current Share Compensation Plans accurately reflects 20% of the number of common shares of the Company issued and outstanding as of the Record Date for this Meeting (Effective Date).

• During the Current Compensation Period, WG&M’s hourly billing rates for attorneys ranged from $200 to $700 per hour.

• The following is a summary of the significant professional services rendered by WG&M during the Current Compensation Period.

• Kirby, “Improving Reserve Compensation: A Review of Current Compensation and Related Personnel and Training Issues,” RAND, September 1989.this result could be attributed to the fact that the majority of the survey respondents fall into age category 27 and over, and are currently serving in the Reserves.

More Definitions of Current Compensation

Current Compensation means the component of Compensation other than Deferred Compensation.

Current Compensation means the gross cash compensation (including wage, salary and overtime earnings) paid by the Company or a Participating Affiliate to a Participant in accordance with the terms of employment, but excluding all expense allowances (including relocation and spousal travel expenses), severance payments, and compensation payable in a form other than cash.

Current Compensation means cash compensation for the performance of services paid not later than the fifteenth day of the third calendar month after the end of the employer's taxable year during which the services are performed.

Current Compensation means an amount equal to the Employee's three-year average annual base salary and three- year average annual bonus over the three preceding fiscal years.

Current Compensation for a reporting period means the sum of:

Current Compensation means your monthly base salary, as in effect immediately prior to your termination of employment with the Company.

Current Compensation means one-twelfth (1/12th) of the Minimum Base Salary.