DISP Compensation definition

DISP Compensation means "Annual Compensation" as defined from time ----------------- to time in the Savings Plan, except that (a) DISP Compensation shall be determined without consideration of the Annual Compensation Limit; and (b) solely for purposes of calculating DISP Make-up Contributions for Plan Years ending before January 1, 2006, DISP Compensation shall include any bonus paid under the Primary Sponsor's Performance Incentive Program and any bonus paid under the bonus program for senior executives of Silgan Holdings, Inc.
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Examples of DISP Compensation in a sentence

  • The amount of the DISP Make-up Contribution shall be a percentage of DISP Compensation equal to the percentage of "Annual Compensation" (as defined in the Savings Plan) used to calculate the "DISP Contribution" (as defined in the Savings Plan) under the Section 3.3 of the Savings Plan (or any successor thereto), less the amount of the "DISP Contribution" (as defined in the Savings Plan) actually made to such Participant's account under the Savings Plan.

Related to DISP Compensation

  • 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).

  • 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.

  • Basic Compensation means Salary and Benefits.

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Final compensation of a member means: