Supplemental Earnings definition

Supplemental Earnings means compensation which, but for the --------------------- $150,000 annual compensation limit in Section 401(a)(17) of the Internal Revenue Code, would constitute Qualified Earnings.
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Supplemental Earnings means, for each Plan Year, the difference between (i) the Participant’s Earnings for the Plan Year calculated under the Qualified Plan as if the limitation of section 401(a)(17) of the Code was not in effect and (ii) the Participant’s Earnings for the Plan Year under the Qualified Plan.
Sample 1
Supplemental Earnings means an amount equal to (a) the net income (determined in accordance with GAAP) of the Company and its Subsidiaries for the period commencing as of November 29, 2010 and ending as of the Closing Date (such net income being referred to herein as the "Interim Income") less (b) an amount equal to the amounts necessary to satisfy the federal and state income Tax liabilities of the Goldsboro Parties and Xxxxxx-Xxxxx that are attributable to the Interim Income (with such income Tax liabilities being calculated with reference to the items of the Company's income, gain, deduction, loss and credit (determined without regard to the specific Tax circumstances of a member of the Company) and the highest marginal rate of federal and state income Tax applicable to income allocated to a member of the Company in the states in which the Company has income Tax nexus).
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Examples of Supplemental Earnings in a sentence

  • For purposes of the preceding sentence, the Contributing Employee shall be assumed to have made Participant Contributions with respect to Supplemental Earnings at the actual rate of Participant Contributions in effect in the 401(k) Investment Plan when the annual dollar limit on Qualified Earnings was reached.

  • This Section shall apply --------------------------------------- if a Participating Employee in the Pension Plan defers the receipt of compensation under the BAC Deferred Compensation Plan, which compensation would have been Qualified Earnings or Supplemental Earnings had it not been deferred.

  • Supplemental Earnings Measures In addition to providing earnings measures in accordance with Canadian Generally Accepted Accounting Principles (GAAP), NOVA Chemicals presents certain supplemental earnings measures.

  • At that point, Kraft terminatedvocational rehabilitation and reduced Carmouche’s benefits to Supplemental Earnings Benefits (SEBs) of $271.72 per week.In October 2008, Carmouche filed a disputed claim for compensation.

  • This Section shall apply --------------------------------------- if a Contributing Employee in the 401(k) Investment Plan defers the receipt of compensation under the BAC Deferred Compensation Plan, which compensation would have been Qualified Earnings or Supplemental Earnings had it not been deferred.

  • If a Contributing Employee to --------------------------------- the 401(k) Investment Plan has Supplemental Earnings for a Plan Year, an amount equal to the additional Matching Employer Contributions the Contributing Employee would have received in the 401(k) Investment Plan with respect to such Supplemental Earnings, calculated as if there was no annual dollar limit on Qualified Earnings (or other limit on contributions), shall be credited to the Participant's account under this Article.

  • If a Participating --------------------------------------- Employee in the pension plan has Supplemental Earnings for a Plan Year, an amount equal to the additional pay-based credits the Participating Employee would have received in the Pension Plan with respect to such Supplemental Earnings, calculated as if there was no annual dollar limit on Qualified Earnings (or other limit on benefit accruals), shall be credited to the Participant's account under this Article.

  • Supplemental Earnings Measure Included in the footnotes to the company’s attached financial statements is a discussion of why management believes FFOPS is a useful supplemental measure of operating performance, ways in which investors might use FFOPS when assessing the company’s financial performance and FFOPS’s limitations as a measurement tool.

  • Page 4 Supplemental Earnings Measures Included in the footnotes to the company’s attached financial statements is a discussion of why management believes FFO, FFOPS and FFO, excluding impairment and restructuring charges (the “FFO Measures”) are useful supplemental measures of operating performance, ways in which investors might use the FFO Measures when assessing the company’s financial performance and the FFO Measures’ limitations as a measurement tool.

  • Low trust leads to high membership turnover and a poor quality of work by the remaining members, two defects that ISRAACA seems to display.Indeed, this is a challenge that is not unique to ISRAACA.


More Definitions of Supplemental Earnings

Supplemental Earnings means compensation which, but for the
Sample 1

Related to Supplemental Earnings

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Excess Earnings means, with respect to Mortgage Loans held in any subaccount of the Acquisition Account or the Loan Recycling Account established in connection with a Series of Tax- exempt Bonds, the "excess earnings," as defined in Treasury Regulations § 1.148-10T, with respect thereto.

  • Weekly Earnings means, in the case of a day or shift worker, 40 hours x his regular rate;

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Core Earnings means, with respect to any Person for any period, net income determined in accordance with GAAP of such Person and its consolidated subsidiaries and excluding (but only to the extent included in determining net income for such period) (i) non-cash equity compensation expense, (ii) the expenses incurred in connection with the formation of the Sponsor and the offering in connection therewith, including the initial underwriting discounts and commissions, (iii) acquisition costs from successful acquisitions (other than acquisitions made in the ordinary course of business), (iv) real property depreciation and amortization, (v) any unrealized gains or losses or other similar non-cash items that are included in net income for the current quarter, regardless of whether such items are included in other comprehensive income or loss, (vi) extraordinary or non-recurring gains or losses and (vii) one-time expenses, charges or gains relating to changes in GAAP; provided that Core Earnings shall, solely with respect to the Core Earnings attributable to any Non Wholly-Owned Consolidated Affiliate, only include the Consolidated Group Pro Rata Share of such attributable amount.

  • Final Average Earnings means the earnings used to determine benefits under this Plan as further described in Article 7.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Supplemental Retirement Plan means (i) the Company’s Amended and Restated Supplemental Executive Retirement Plan, (ii) the Company’s Supplemental Management Retirement Plan, (iii) the Company’s Amended and Restated Top Hat Restoration Plan, and (iv) the Company’s Defined Contribution Restoration Plan.

  • Payoff Earnings For any Distribution Date with respect to each Mortgage Loan on which a Payoff was received by the Master Servicer during the Payoff Period, the aggregate of the interest earned by the Master Servicer from investment of each such Payoff from the date of receipt of such Payoff until the Business Day immediately preceding the related Distribution Date (net of investment losses).

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Supplemental Payment means any payments or transfers of things of value made to the District or to any person or persons in any form if such payment or transfer of thing of value being provided is in recognition of, anticipation of, or consideration for the Agreement and that is not authorized pursuant to Sections 313.027(f)(1) or (2) of the TEXAS TAX CODE, and specifically includes any payments required pursuant to Article VI of this Agreement.

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Supplemental Security Income (SSI) means a program available to certain aged and disabled persons that is administered by the Social Security Administration through the Social Security office.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Supplemental Amount The amount deposited in the Supplemental Loan Account on the Closing Date, which shall equal $0.00.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Required Accumulation Factor Number shall be equal to a fraction, rounded upwards to the nearest whole number, the numerator of which is one and the denominator of which is equal to the lowest monthly principal payment rate on the Accounts, expressed as a decimal, for the three months preceding the date of such calculation.

  • Average final compensation means the average annual creditable compensation of a member during