Noncash compensation definition
Examples of Noncash compensation in a sentence
Non-cash compensation means any form of compensation received in connection with the sale of the Units that is not cash compensation, including but not limited to merchandise, gifts and prizes, travel expenses, meals and lodging.
Non-cash compensation charges were recognized during the year ended March 31, 2001 related to the vesting of options that were issued during the year ended March 31, 2000, and which vested over a period of fifteen months.
Non-cash compensation includes various recognition items such as prizes and awards as well as payment of the cost associated with attendance at conferences, seminars and recognition trips.
The following modifications apply to the definition of Compensation for deferral contributions: Noncash compensation is excluded, provided that Compensation shall include Elective Contributions.