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.
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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.
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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.

  • The 2016 incentive awards for each named executive officer were based on the following performance: EBIT ($MMs) ROIC EICP Target 2,040.2 30.3 % Actual (as adjusted) 2,071.5 31.5 % Difference 31.3 115 bps Effect of Performance on Total Annual Cash Compensation.

  • The subhalo mass functions derived here may also be used in combination with the so-called halo model (see Cooray & Sheth 2002, and references therein) to give a full statistical de- scription of the distribution of dark matter haloes down to the level of subhaloes.

  • Employee Stock Purchase PlanYou are only eligible to enroll in the plan during each annual benefits enrollment period that occurs in October — mid-year enrollment is not available — provided that you are a U.S. benefits-eligible employee and you were hired on or before September 30 and your Total Annual Cash Compensation is less than $250,000.

  • The amount you pay depends on the level of your Total Annual Cash Compensation (excluding overtime), the medical option you choose, where you live, the number and type of eligible dependents you cover, and if you and your covered spouse/domestic partner use tobacco.

  • The 2020 Total Annual Cash Compensation is the same compensation that was used to determine your pay tier for JPMorgan Chase 2020 medical plan contributions and can be found on the Benefits Web Center.

  • If you are out of work for an extended period of time (beyond 26 weeks), coverage is available under the LTD Plan as follows: • If your Total Annual Cash Compensation is less than $60,000, you will automatically receive LTD coverage of 60% of your Total Annual Cash Compensation (TACC) fully paidby JPMorgan Chase.• If your Total Annual Cash Compensation is $60,000 or more, you can elect employee-paid LTD coverage of 50% or 60% of your Total Annual Cash Compensation.

  • 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").

  • The President shall be eligible to receive an annual performance bonus targeted at $75,000 (the "Cash Bonus"; the Base Salary and the Cash Bonus shall be referred to collectively herein as the "Total Annual Cash Compensation"), based upon the achievement of certain objectives to be agreed upon by the Corporation's Board of Directors and the President within the three-month period following the Effective Date.

  • 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").

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.

  • 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 the wages paid to the member during covered employment within the meaning of Section 3401(a) of the Internal Revenue Code, but determined without regard to any rules that limit the remuneration included in wages based upon the nature or location of employment or services performed during the plan year plus amounts excluded under Section 414(h)(2) of the Internal Revenue Code and less reimbursements or other expense allowances, cash, or noncash fringe benefits or both, deferred compensation, and welfare benefits. Annual compensation for determining benefits during any determination period may not exceed the maximum compensation allowed as adjusted for cost of living in accordance with §5-10D-7 of this code and Section 401(a)(17) of the Internal Revenue Code.

  • 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 (1) day prior to the Change of Control; and (ii) the average of the Incentive Bonus paid (or payable) for the three (3) most recently completed fiscal years of the Company.

  • Basic Compensation means Salary and Benefits.

  • 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 (i) for eligible exempt employees, such employee’s base salary at the time the Bonus or Spot Bonus is determined (prorated for time in an eligible position), and (ii) for eligible non-exempt and non-union hourly employees, such employees’ eligible wages for the applicable year as determined by the Company to be required by law.

  • 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.

  • 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.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.