Earned Income Amount definition

Earned Income Amount of a Participant at a particular time in a year means the Participant’s share of income earned in the year on funds in the Account and on Qualified Investments in which such funds are invested, calculated pursuant to section 3.7 as if the year had then ended,

Examples of Earned Income Amount in a sentence

  • By the end of each calendar year the Company will distribute to each person who was a Participant at the end of said calendar year that person’s Earned Income Amount for that year, calculated as provided in section 3.7.