Retirement Plan Compensation definition

Retirement Plan Compensation means Retirement Plan Compensation as defined in the S-CAP for purposes of determining a Choice 2 Participant’s Basic and Performance Contributions, but without regard to any limits on includible compensation imposed by the Tax Limits.
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Retirement Plan Compensation means compensation used for purposes of determining the amount of benefits under the Retirement Plan. Any capitalized terms used in the Plan that are defined in the documents comprising the Retirement Plan have the meanings assigned to them in the Retirement Plan, unless such terms are otherwise defined above in this Article or unless the context clearly indicates otherwise.
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Retirement Plan Compensation means amounts paid or payable by the Employer to an Eligible Employee as "compensation" for the Plan Year, as defined under the Retirement Plan. Without limiting the generality of the foregoing, the limitations imposed by Code Section 401(a)(17) do not apply to Retirement Plan Compensation, as defined under the Retirement Plan.
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Examples of Retirement Plan Compensation in a sentence

  • The Executive hereby agrees to invest and maintain the after-tax proceeds of the Supplemental Executive Retirement Plan Compensation in a separate fund in the Executive's name to provide funds for the Executive's future retirement (the "Executive Investment Fund").

  • The failure of the Executive to comply with the terms of this Section or the Executive's failure to maintain the Executive Investment Fund in whole or in part shall automatically eliminate any obligation on the part of Silverleaf to pay any additional Supplemental Executive Retirement Plan Compensation under this Agreement to the Executive.

  • Silverleaf hereby agrees to pay to the Executive additional compensation equal to twelve percent (12%) of the Executive's Base Compensation, effective as of August 1, 2000, with the payments being paid to the Executive in semi-monthly payments at the same time as Silverleaf's regular payroll payments and the first payment being due for the semi-monthly period ending August 15, 2000 (the "Supplemental Executive Retirement Plan Compensation").

  • Any Employee (i) who participates in the Retirement Plan and whose benefits under the Retirement Plan are limited by the Code Limitations or (ii) who has his Retirement Plan Compensation reduced pursuant to nonqualified deferred compensation plans sponsored by the Participating Employers is eligible to participate in the Plan.


More Definitions of Retirement Plan Compensation

Retirement Plan Compensation means "compensation" as defined in the Retirement Plan, without reduction for deferrals of compensation under that plan and without regard to the limit on compensation under section 401(a)(17) of the Code. "Retirement Plan Compensation" does not recognize Compensation that is deferred under this Plan.
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