Examples of Net Compensation in a sentence

The Deferral Amount shall not exceed the Participant's Net Compensation.
By way of example, the Administrative Committee shall assure that allocations to any Account are based on Net Compensation actually earned by a Representative/Participant and may make any increases or deductions in any Account to correct any erroneous amount of Net Compensation, Deferral Amount or Company Matching Contribution.
The reciprocal compensation credit for traffic exchanged pursuant to Section 4.2 shall be calculated as follows: Reciprocal Compensation Credit = (A/B)*C*D Where A=Actual mobile to land traffic B=mobile to land factor(75%) C=land to mobile factor D=Reciprocal Compensation Rate Total Net Compensation Credit Due RLEC= Total mobile to land minutes delivered pursuant to section 4.1* $0.024/min +total mobile to land minutes delivered pursuant to section 4.2* $0.024/min less Reciprocal Compensation Credit.
Once disbursed by the Escrow Agent, Employee shall be under no obligation to reimburse the Company any of those disbursed amounts unless Employee has failed to disclose the receipt of any Other Net Compensation during the Mitigation Period.
If the Company and the Escrow Agent receive such notice or otherwise verify that Employee has received Other Net Compensation during the Mitigation Period, the Escrow Agent shall deliver to the Company from the Escrow Deposit an amount equal to the Other Net Compensation received by Employee during the Mitigation Period.

More Definitions of Net Compensation

Net Compensation means the total amount recovered by the Employee from the third party for all losses including without limitation all general damages and special damages less the legal fees, costs and incurred by the member in relation to such recovery. The Employer shall pay into the sick leave provisions any moneys received as a result of exercising these subrogation rights less legal fees and costs incurred and the Employee’s status and/or entitlements within the affected sick leave provision shall be restored to the extent of such moneys returned to the Sick leave provision.

Net Compensation. Compensation less all amounts withheld therefrom, including, without limitation, social security and Medicare taxes, and contributions by the Participant to any 401(k) Plan or any flexible spending, insurance, long-term disability, transportation reimbursement, or other elective plan or program.

Net Compensation means, for each Pay Period for each Employee, Gross Compensation for such Employee less federal, state, and local withholding, FICA, and all other applicable payroll deductions.

Net Compensation means Gross Compensation earned by and while a Representative of the Company multiplied by the Participant's payout rate (as defined in the applicable current H.D. Vest payout schedule) and less any fees, expenses, or other amounts which reduce Gross Compensation. T. "Participant" means a Representative of the Company who elects to participate in the Plan pursuant to Section 3.2 or 3.3, who satisfies all requirements established by the Administrative Committee and who designates a Deferral Amount and a Deferral Period pursuant to the Plan. Participant does not include employees or officers of the Company.

Net Compensation means, for purposes of determining Highly Compensated Participants, Key Employees, minimum contributions in a Top Heavy Plan, and the limitation on Annual Additions, the wages, salaries, and fees for professional services and other amounts received (without regard to whether or not an amount is paid in cash) for personal services actually rendered in the course of employment with the Employer to the extent that the amounts are includable in gross income (including, but not limited to, commissions paid salespersons, compensation for services on the basis of a percentage of profits, commissions on insurance premiums, tips, bonuses, fringe benefits, and reimbursements or other expense allowances under a nonaccountable plan (as described in Reg. §1.62-2(c)), amounts that are includible in the gross income of an Employee under the rules of Sections 409A or 457(f)(1)(A) of the Code or because the amounts are constructively received by the Employee, and excluding the following: