Define: Compensation
What does "Compensation" mean? The meaning differs based on the contract. We found 9 definitions across 8 companies in SEC filings.
Definition 1 (BOEING CO, seen in 1 filing)
Compensation means annualized base rate of pay from the Company.
Source: BOEING CO 10-K
Definition 2 (CANADIAN PACIFIC KANSAS CITY LTD/CN, seen in 1 filing)
Compensation means a Participant s earned income, wages, salaries, and other amounts received for personal services actually rendered in the course of employment with the Company, or an Affiliate.
Source: CANADIAN PACIFIC KANSAS CITY LTD/CN 10-K
Definition 3 (ADOBE INC., seen in 1 filing)
Compensation means with respect to any Offering Period, base wages or salary, overtime, bonuses, commissions, shift differentials, payments for paid time off, payments in lieu of notice, and compensation deferred under any program or plan, including, without limitation, pursuant to Section 401(k) or Section 125 of the Code. Compensation shall be limited to amounts actually payable in cash or deferred during the Offering Period. Compensation shall not include moving allowances, payments pursuant to a severance agreement, termination pay, relocation payments, sign-on bonuses, any amounts directly or indirectly paid pursuant to the Plan or any other stock purchase or stock option plan, or any other compensation not included above.
Source: ADOBE INC. 10-K
Definition 4 (FEDEX CORP, seen in 1 filing)
Compensation means salary, wages, overtime, bonuses, bonus gross-ups, other incentive pay (excluding awards and awards gross-ups), nonrecoverable draw, commissions, on call/standby pay, pay in lieu of notice, and pay for vacation, sickness, holiday, bereavement, jury duty, witness duty, training, military leave, and workers' compensation, including any amounts contributed to a Code Section 125 cafeteria plan pursuant to a salary reduction agreement entered into by the Participant, or not currently includable in the Participant's gross income by the reason of the application of Sections 402(g), 402(h)(1)(B), or 403 of the Code, paid by the Employer to a Participant with respect to services rendered by such Participant during a Plan Year, regardless of whether paid during such Plan Year or at a later time.
Source: FEDEX CORP 10-K
Definition 5 (DEERE & CO, seen in 1 filing)
Compensation means Amounts payable for services as a Nonemployee Director, excluding reimbursed expenses.
Source: DEERE & CO 10-K
Definition 6 (Credo Technology Group Holding Ltd, seen in 1 filing)
Compensation means base salary, wages, annual bonuses and commissions paid to an Eligible Employee by the Company or a Participating Subsidiary as compensation for services to the Company or Participating Subsidiary, before deduction for any salary deferral contributions made by the Eligible Employee to any tax-qualified or nonqualified deferred compensation plan, including overtime, vacation pay, holiday pay, parental leave pay, jury duty pay and funeral leave pay, but excluding education or tuition reimbursements, imputed income arising under any group insurance or benefit program, travel expenses, business and relocation expenses, and income received in connection with stock options or other equity-based awards.
Source: Credo Technology Group Holding Ltd S-1
Definition 7 (EQUINIX INC, seen in 1 filing)
Compensation means (i) the total compensation paid in cash to a Participant by a Participating Company, including salaries, wages, bonuses, incentive compensation, commissions, overtime pay and shift premiums, plus (ii) any pre-tax contributions made by the Participant under section 401(k) or 125 of the Code. Compensation shall exclude all non-cash items, moving or relocation allowances, cost-of-living equalization payments, car allowances, tuition reimbursements, imputed income attributable to cars or life insurance, severance pay, fringe benefits, contributions or benefits received under employee benefit plans, income attributable to the exercise of stock options, and similar items. The Committee shall determine whether a particular item is included in Compensation.
Source: EQUINIX INC 10-K
Definition 8 (Credo Technology Group Holding Ltd, seen in 1 filing)
Compensation means base salary, wages, annual bonuses and commissions paid to an Eligible Employee by the Company or a Participating Subsidiary as compensation for services to the Company or Participating Subsidiary, before deduction for any salary deferral contributions made by the Eligible Employee to any tax-qualified or nonqualified deferred compensation plan , including overtime, vacation pay, holiday pay, parental leave pay, jury duty pay and funeral leave pay, but excluding education or tuition reimbursements, imputed income arising under any group insurance or benefit program, travel expenses, business and relocation expenses, and income received in connection with stock options or other equity-based awards.
Source: Credo Technology Group Holding Ltd 10-K
Definition 9 (Coinbase Global, Inc., seen in 1 filing)
Compensation means all salary, wages, bonuses, accrued vacation paid time off, premiums, leaves, housing allowances, relocation costs, interest, severance, outplacement costs, fees, reimbursable expenses, commissions, RSUs, stock, stock options, vesting, and any and all other benefits and compensation.
Source: Coinbase Global, Inc. 10-K
Data extracted from 9 SEC EDGAR filings across 8 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.