Eligible Income definition

Eligible Income means Actual Pay, Annual Retainer and Incentive Awards.

Eligible Income means Base Salary, Incentive Awards and other amounts designated by the Committee. Eligible Income does not include irregular, non-recurring types of compensation.

Eligible Income means Base Pay and Incentive Awards.

Examples of Eligible Income in a sentence

• Eligible Income deferred by a Participant under the Plan shall be credited to the Participant’s Account as soon as practicable after the amounts would have otherwise been paid to the Participant.

• Upon termination of the Plan, no further deferrals of Eligible Income shall be permitted; however, earnings, gains and losses shall continue to be credited to Account balances in accordance with Article V until the Account balances are fully distributed.

• A Participant shall at all times be 100% vested in any Eligible Income deferred under this Plan and credited to his Account.

• In order to elect to defer Eligible Income earned during a Plan Year, an Eligible Employee shall file an irrevocable Deferral Form with the Committee before the beginning of such Plan Year.

• Eligible Income deferred by a Participant under the Plan shall be credited to the Participant’s Account as soon as administratively practicable after the amounts would have otherwise been paid to the Participant.

More Definitions of Eligible Income

Eligible Income means Base Salary and Incentive Awards.

Eligible Income means EBITDA minus (i) Capital Expenditures and (ii) state and federal income taxes for the applicable accounting period.

Eligible Income means Base Salary, Incentive Awards and other amounts designated by the Committee to the extent such income would be eligible compensation under the ACE USA Basic Employee Retirement Savings Plan, the ACE USA Puerto Rico Basic Employee Retirement Savings Plan, the ACE USA Employee Retirement Savings Plan and the ACE USA Puerto Rico Employee Retirement Savings Plan for each Plan Participant, without regard to limitations under the Code.

Eligible Income means Base Salary and Incentive Awards. Eligible Income does not include irregular, non-recurring types of compensation.

Eligible Income means income that meets the criteria in Section 6; “eligible individual” means an individual who meets the criteria in Section 5;

Eligible Income has the meaning assigned to that term in Schedule “B”;

Eligible Income means all cash compensation payable by the Company to a Director in his capacity as Director, including annual retainer fees, additional fees for serving as chairman of a Board committee and fees for attending meetings of the Board and meetings of Board committees; provided that, "Eligible Income" shall not include reimbursement of expenses incurred by a Director.