Limited Compensation definition

Limited Compensation means a Participant's Compensation as defined in Section 1.7 but determined with regard to the limitation imposed under Section 40l(a)(17) of the Code.
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Limited Compensation means, with respect to a Participant for a Plan Year, that portion of the Participant's Compensation not in excess of the limitation in effect under the Code Paragraph 401(a)(17) for the Plan Year.
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Examples of Limited Compensation in a sentence

  • The Compensation Committee of the Parent Board (or if no such committee, the Parent Board) in consultation with the Group CEO and the ▇▇▇▇▇▇▇▇ Managing Agency Limited Compensation Committee, shall determine the amount (if any) and terms of any cash incentive award (including any applicable performance criteria and/or deferral component).

  • The Cash Incentive Award, if any, shall be determined by, and in the sole and absolute discretion of, the Compensation Committee of the Parent Board (or if no such committee is in place, the Parent Board) in consultation with the Group CEO and the ▇▇▇▇▇▇▇▇ Managing Agency Limited Compensation Committee.

  • If the Agreement on Limitation of Risks enters into effect at a later date than on the publishing date of such temporary reimbursement in SCAU, the Holder undertakes to adjust the amount of Compensation or Limited Compensation so that the Insurance Company achieves acceptance of the same amount that it would have received if the agreement had entered into effect on the date of publishing of the temporary reimbursement in SCAU.

  • The subject matter of the Agreement on Limitation of Risks shall be the Holder’s obligation to pay Compensation or Limited Compensation and/or Reverse Payment to the Insurance Company in the event of exceeding of the agreed Limit of Total Cost of the Insurance Company for treatment using the Medicinal Product depending on which of the stated tools of limitation of risks the contractual parties select in the given case.

  • The Insurance Company undertakes to provide to the Holder upon its request after the commencement of the administrative proceedings concerned the text of the Agreement on Limitation of Risks and to supplement the same with the specific proposal in respect of the Compensation, Limited Compensation and/or Reverse Payment after the issuance of the relevant evaluation report of the Institute for the purpose of discussing its contents by the contractual parties.