Premium means any premium payable under the terms of the Notes.
Leave of Absence Without Pay means to be absent from duty with permission but without pay.
Deferred Compensation means the Compensation elected by the Participant to be deferred pursuant to the Plan.
Qualified Benefit Plan has the meaning set forth in Section 3.20(c).
Cafeteria plan means a written plan under which all participants are employees, and the participants may choose among two or more benefits consisting of cash and qualified benefits.
Employee Welfare Benefit Plan has the meaning set forth in ERISA Section 3(1).
Defined Benefit Plan means either a plan described in Section 3(35) of ERISA or a plan subject to the minimum funding standards set forth in Section 302 of ERISA and Section 412 of the Code.
Employee Pension Benefit Plan has the meaning set forth in ERISA Section 3(2).
Qualifying exigency means a situation where the eligible employee seeks leave for one or more of the following reasons:
Basic health benefit plan means any plan offered to an individual, a small group,
Short-Term Deferral Period means the period ending on the later of the 15th day of the third month following the end of the Executive’s tax year in which the separation from service occurs and the 15th day of the third month following the end of the Company’s tax year in which the separation from service occurs; and
Code Section 409A means Section 409A of the Code and all regulations issued thereunder and applicable guidance thereto.
Accident pay means a weekly payment of an amount being the difference between the weekly amount of compensation paid to the Employee pursuant to the relevant workers compensation legislation and the Employee's appropriate 36 hour rate prescribed in Appendix B of this Agreement (pro-rata for part time and casual Employees).
Premium pay Per the statute, recipients have broad latitude to designate critical infrastructure sectors and make grants to third-party employers for the purpose of providing premium pay or otherwise respond to essential workers. While the interim final rule generally preserves the flexibility in the statute, it does add a requirement that recipients give written justification in the case that premium pay would increase a worker’s annual pay above a certain threshold. To set this threshold, Treasury analyzed data from the Bureau of Labor Statistics to determine a level that would not require further justification for premium pay to the vast majority of essential workers, while requiring higher scrutiny for provision of premium pay to higher- earners who, even without premium pay, would likely have greater personal financial resources to cope with the effects of the pandemic. Treasury believes the threshold in the interim final rule strikes the appropriate balance between preserving flexibility and helping encourage use of these resources to help those in greatest need. The interim final rule also requires that eligible workers have regular in-person interactions or regular physical handling of items that were also handled by others. This requirement will also help encourage use of financial resources for those who have endured the heightened risk of performing essential work.
Qualifying wages means wages, as defined in section 3121(a) of the Internal Revenue Code, without regard to any wage limitations, adjusted as follows:
basic pay means the rate of pay negotiated by the parties to this Agreement, including add-to-pay resulting from salary protection.
Special Pay means an addition, of the nature of pay, to the emoluments of a post or of a teacher granted in consideration of -
the Code means the Pension Regulator’s Code of Practice No 14 governance and administration of public service pension schemes.
Qualifying week means the 15th week before the expected week of childbirth.
Section 409A Deferred Compensation means compensation provided pursuant to an Award that constitutes nonqualified deferred compensation within the meaning of Section 409A.
Installment as defined in Section 2.12.
Qualified Performance-Based Compensation means any compensation that is intended to qualify as “qualified performance-based compensation” as described in Section 162(m)(4)(C) of the Code.
Treasurer-Tax Collector means the Treasurer and Tax Collector of the County of Los Angeles. (Ord. No. 2009-0026 § 1 (part), 2009.)
Leave of absence with pay means to be absent from duty with permission and with pay.
Foreign Employee Benefit Plan means any employee benefit plan as defined in Section 3(3) of ERISA which is maintained or contributed to for the benefit of the employees of the Company, any of its respective Subsidiaries or any members of its Controlled Group and is not covered by ERISA pursuant to ERISA Section 4(b)(4).
Treasury Regulation means the United States Treasury regulations promulgated under the Code.