Define: Received
What does "Received" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.
Definition 1 (VISA INC., seen in 1 filing)
Received means Incentive-Based Compensation is deemed Received in the Company s fiscal period during which the Financial Reporting Measure specified in or otherwise relating to the Incentive-Based Compensation award is attained, even if the grant, vesting, or payment of the Incentive-Based Compensation occurs after the end of that period.
Source: VISA INC. 10-K
Definition 2 (BROADRIDGE FINANCIAL SOLUTIONS, INC., seen in 1 filing)
Received means in the fiscal period during which the Financial Reporting Measure specified in the Incentive-Based Compensation award is attained, even if the payment or grant occurs after the end of that period.
Source: BROADRIDGE FINANCIAL SOLUTIONS, INC. 10-K
Data extracted from 2 SEC EDGAR filings across 2 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.