Eligible Salary means an Employee’s base salary during the Prior Plan Year annualized in such manner as the Committee shall determine, plus any bonus amounts paid on a monthly, quarterly or other nonannual basis included as Compensation during the Prior Plan Year up through the date the Employee’s eligibility is determined, as set forth by the Committee.
Eligible Salary means an Employee's monthly base salary during the calendar year immediately preceding a Plan Year annualized in such manner as the Committee shall determine.
Eligible Salary means the aggregate Stipend from Alberta Innovates and the Contribution from the Applicant, which will be paid to the Associate as compensation for the work it performs for the Applicant;
Examples of Eligible Salary in a sentence
An Employee shall be an Eligible Employee if his Eligible Compensation or his Eligible Salary is equal to or in excess of the Compensation Floor for the Plan Year.
The Investment shall only be applied towards the Associate’s Eligible Salary.
Thus a difference of 1% between the long-term rate of return on the proposed Fund assets (i.e. 12%) and the long-term rate of increase in Eligible Salary (i.e. 11%) had been considered appropriate.
The net rate of return on the Fund and the rate of increase in the Eligible Salary are usually inter-related since during periods of inflation, both tend to rise in conformity with each other.
The Stipend shall only be applied towards the Associate’s Eligible Salary.
More Definitions of Eligible Salary
Eligible Salary means an Employee's base salary in October of the calendar year immediately preceding a Plan Year, multiplied by 12.
Eligible Salary means the amount payable as regular salary to you from the University for services during the portion of the plan year in which you are eligible to participate in the Plan that are subject to income tax withholding; excluding, however, bonuses, fringe benefits, severance and overtime pay. Eligible Salary is determined without taking into account any salary deferrals you make to the Plan and any salary reductions for the provision of medical dependent care or other welfare benefits. Compensation will be limited to the applicable IRS limit for the year. For 2020 this limit is $285,000.
Eligible Salary means, for each Participant for any Fiscal Year, the amount of such Participant’s annual base compensation (determined as of the first day of such Fiscal Year or, if the Committee subsequently approves any increase or increases in such compensation during the first six months of such Fiscal Year, the first day the last such increase is effective) as shown on the Company's payroll records.
Eligible Salary means the combined Stipend and Top-Up;
Eligible Salary means the average annual salary pursuant to Section 4.1 of this Agreement paid to the Executive during the Executive’s last five consecutive years of employment with the Company. The term “eligible salary” shall not include any other kind of payments, benefits, or compensations made or granted to the Executive.
Eligible Salary means that part of an Eligible Employee's annual base salary from the Company in excess of the Base Amount.
Eligible Salary means the average Salary as earned during the term of this Agreement. Eligible Salary shall not include any other kind of payments, benefits, bonus or other compensation made or granted to the Executive.