Payroll Salary definition

Payroll Salary means (i) the full base salary (including overtime) paid to a Participant by the Company during any Payroll Period. Except as otherwise determined by the Plan Administrator, Payroll Salary shall not include bonuses, commissions. Payroll Salary shall be calculated before deduction of (A) any income or employment tax withholdings, or (B) any contributions made by the Participant to any Code Section 401(k) salary deferral plan or any Code Section 125 cafeteria benefit program now or hereafter established by the Company or any Corporate Affiliate. However, Payroll Salary shall not include any non-cash items, severance or notice pay, expense allowances or reimbursements, income attributable to stock options or other stock-base compensation or contributions, or any other forms of extraordinary compensation.
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Payroll Salary means (i) the full base salary (including overtime) paid to a Participant by the Company during any Payroll Period. Except as otherwise determined by the Plan Administrator, Payroll Salary shall not include bonuses, commissions. Payroll Salary shall be calculated before deduction of (A) any income or employment tax withholdings, or (B) any contributions made by the Participant to any Code Section 401(k) salary deferral plan or any Code Section 125 cafeteria benefit program now or hereafter established by the
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Examples of Payroll Salary in a sentence

  • Account Time – Customers with Credit Transactions %Mar/18Dec/18Mar/19Account Time Up to 1 year0.60.70.6From 1 to 2 years1.11.01.1From 2 to 5 years7.35.95.5From 5 to 10 years17.817.317.2Over 10 years73.375.175.6Civil servants and pensioners contracted the majority of direct consumer credit (Payroll, Salary and Mortgage), which totaled R$100.5 billion in March 2019.

  • Also, reconciliation of outstanding items General Account, Payroll Salary Account and any other account deemed necessary by the Board of Education.

  • These works are not deemed to be development requiring planning permission.

  • Active Members Group AveragesNumber Payroll Salary Age Service122,855$2,845,443,802$23,16148.5 The following table shows a six-year schedule of active member valuation data.

  • Active Members Group AveragesNumber Payroll Salary Age Service122,855$2,845,443,802$23,16148.5 The total number of active members includes 55,624 vested members and 67,231 non-vested members.

  • Active Members Group AveragesNumber Payroll Salary Age Service121,251$2,759,281,606$22,75748.610.0 The following table shows a six-year schedule of active member valuation data.

  • October 31, 2019 Payroll (Salary) $ 109,158.85The following items were forwarded from Public Safety with a unanimous recommendation.

  • October 15, 2020 Payroll (Salary) $ 104,597.00The following items were forwarded from Public Safety with a unanimous recommendation.

  • Cost of Living Allowance (COLA)(R) Retirement Pay(M) Minimum Instructor PayNote to Payroll: Salary Schedule “B” is Salary Schedule “R” in HRS.

  • Active Members Group AveragesNumber Payroll Salary Age Service156,579$3,477,578,726$22,21047.5 The total number of active members includes 46,423 vested members and 110,156 non-vested members.

Related to Payroll Salary

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Salary as defined in Section 3.1(a).

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Payroll Period means "payroll period" as defined in Section 3401(b) of the Internal Revenue Code;

  • Payroll deduction means your premium is remitted to Aflac for you by your employer through a payroll deduction process or any other method agreed to by Aflac and the employer.