Define: Salary
What does "Salary" mean? The meaning differs based on the contract. We found 4 definitions across 4 companies in SEC filings.
Definition 1 (DELTA AIR LINES, INC., seen in 1 filing)
Salary means without duplication of any amounts counted as Benefits, a predetermined regular payment, typically paid on a weekly or less frequent basis but which may be expressed as an hourly, weekly, annual or other rate, as well as cost-of-living differentials, vacation time, paid time off, sick leave, and overtime pay, paid by the Recipient to its Employees, but excluding any Federal, state, or local payroll taxes paid by the Recipient.
Source: DELTA AIR LINES, INC. 10-K
Definition 2 (FORD MOTOR CO, seen in 1 filing)
Salary means salary at the basic salary rate without regard to the Code Section 401(a)(17) limit and not including supplemental compensation, premiums, pay for overtime, or any other kind of extra or additional compensation.
Source: FORD MOTOR CO 8-K
Definition 3 (DANAHER CORP /DE/, seen in 1 filing)
Salary means regular compensation for services rendered.
Source: DANAHER CORP /DE/ 10-K
Definition 4 (CONOCOPHILLIPS, seen in 1 filing)
Salary means the monthly equivalent rate of pay for an Employee before adjustments for any before-tax voluntary reductions.
Source: CONOCOPHILLIPS 10-K
Data extracted from 5 SEC EDGAR filings across 4 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.