Total Annual Cash Compensation definition

Total Annual Cash Compensation for a calendar year means the sum of the Employee’s Base Salary and Bonus.
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Total Annual Cash Compensation means the sum of (i) Executive's annual base salary, plus (ii) 100% of Executive's target annual incentive for any calendar or fiscal year, as applicable, immediately preceding the date of any Change of Control, or in the absence of Change of Control, immediately preceding Executive's termination of employment.
Sample 1
Total Annual Cash Compensation means an Eligible Employee’s rate of regular base salary plus any applicable job differential pay (e.g., shift pay) as of each applicable August 1, plus any cash earnings from any incentive plan (e.g., annual incentive, commissions, draws, overrides, and special incentives) that are paid to, or deferred by, such Employee during the12-month period ending on each applicable July 31. For the avoidance of doubt, overtime is not included.
Sample 1

Examples of Total Annual Cash Compensation in a sentence

  • Nothing in this Section 3(b) is intended to guarantee the Executive any amounts (whether payable in cash, grants of restricted stock or a combination thereof) (A) in excess of the Total Annual Cash Compensation for each calendar year ending during the Employment Period or (B) for any years other than any calendar year ending during the Employment Period, except with respect to the 2003 Bonus.

  • For the 2020 and 2021 Plan Years, Total Annual Cash Compensation for WePay Employees shall equal their base pay rate as of each August 1, plus any annual and non-annual cash incentive compensation (excluding escrow payments as well as retention award payments made pursuant to awards granted on October 16, 2017, if any, which provide for payment in the future) that is paid or deferred for the previous 12-month period ending each July 31.

  • Match Ineligible Participant” means an Eligible Employee who is eligible to participate in the Plan and whose Total Annual Cash Compensation (without considering the limitations of Section 401(a)(17) of the Code) equals or exceeds $250,000, provided, that an individual will not be a Match Ineligible Participant for any Plan Year if his or her compensation as reported on his or her W-2 for the immediately preceding Plan Year does not reach the limit for such year under Section 414(q)(1)(B)(i) of the Code.

  • The Board may determine at that time, in its discretion, and from time to time during the term of this Agreement, to increase Starbuck=s base annual salary and/or to pay Starbuck performance bonuses (collectively, "Total Annual Cash Compensation").

  • For the 2018 Plan Year, Total Annual Cash Compensation for WePay Employees shall equal their base pay rate as of May 15, 2018.

  • For the 2019 Plan Year, Total Annual Cash Compensation for WePay Employees shall equal their base pay rate as of August 1, 2018, plus any non-annual cash incentives (excluding retention payments granted on October 16, 2017, as well as escrow payments, if any) that are paid or deferred between May 15, 2018, and July 31, 2018.

  • Retention awards granted on October 16, 2017 and any escrow payments paid in July 2018, and December 2019, are not be included for purposes of determining Ongoing and Eligible Compensation, as well as Total Annual Cash Compensation for WePay Employees.

  • For the 2018 Plan Year, Total Annual Cash Compensation for Highbridge Employees shall equal their base pay rate as of April 1, 2018.

  • Total Annual Cash Compensation shall have the meaning in Section 1.96; provided that the “applicable August 1” and “applicable July 31” are in the immediately preceding Plan Year.

  • For the 2020 Plan Year, the Total Annual Cash Compensation for InstaMed Employees shall equal their base pay rate as of the later of August 1, 2019, or their most recent hire date.

Related to Total Annual Cash Compensation

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year, if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • Current Annual Compensation means the greater of:

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Average Annual Compensation shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Non-cash compensation means any form of compensation that is not cash compensation, including, but not limited to, health insurance, office rent, office support and retirement benefits.

  • Annual Compensation means an amount equal to the greater of:

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

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

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Base Annual Salary means the annual cash compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 132(f), 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • 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.

  • Basic Compensation means Salary and Benefits.

  • 414(s) Compensation means any definition of compensation that satisfies the nondiscrimination requirements of Code Section 414(s) and the Regulations thereunder. The period for determining 414(s) Compensation must be either the Plan Year or the calendar year ending with or within the Plan Year. An Employer may further limit the period taken into account to that part of the Plan Year or calendar year in which an Employee was a Participant in the component of the Plan being tested. The period used to determine 414(s) Compensation must be applied uniformly to all Participants for the Plan Year.

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Eligible Compensation means, with respect to each Participant for each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined by the Committee, “Eligible Compensation” does not include

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • 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.

  • Final compensation of a member means:

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.