Examples of Regular Compensation in a sentence
If the Executive makes an election pursuant to, and executes the waiver required under, this section 2.2, his Regular Compensation shall be increased as of the date of the Change of Control at an annual rate equal to the sum of the annual rates of deferred compensation in lieu of which benefits are provided the Executive under any ESBA the Accrual Term for which (as defined in the ESBA) includes the date of the Change of Control.
An election to defer Regular Compensation for any Plan Year beginning on and after April 1, 1991, shall be made on or prior to October 31 of the year preceding such Plan Year.
Commencing with the date as of which he becomes a Member, each Member may elect to defer (a) an integral percentage of from 1% to 50% (or such lesser percentage as may be prescribed from time to time by the Company) of his Regular Compensation for a Plan Year, and (b) an integral percentage of from 1% to 50% (or such lesser percentage as may be prescribed from time to time by the Company) of his Bonus Compensation for a Plan Year, by having his Employer contribute the amounts so deferred to the Plan.
In any election to defer Regular Compensation or Incentive Compensation for any Plan Year, in any election to defer any Performance Award that becomes payable during a Plan Year, and in any election by any Other Eligible Employee to defer any Excess Compensation for any Plan Year, the Participant shall specify the amount or portion of such Compensation to be deferred, and shall indicate whether the Compensation so deferred is to be credited to a Pre-Retirement Account, or to a Retirement Account.
A Participant's Regular Compensation for any month shall include the total amount of Regular Compensation that would have been paid to the Participant in such month but for any deferral election made by the Participant hereunder.