COMPENSATION (1 Sample Clauses

COMPENSATION (1. 11). The following Compensation (as adjusted under Elections 7 and 8) applies in allocating Employer Contributions (Choose one of (a) through (d). Choose (e) if applicable.): (a) [ ] W-2 wages increased by Elective Deferrals. (b) [ ] Code §3401 federal income tax withholding wages increased by Elective Deferrals. (c) [ ] 415 Compensation. (d) [ ] Describe Compensation by Participant Group:

COMPENSATION (1. 05). Subject to the following elections, Compensation for purposes of allocation of Deferral Contributions means: Base Definition (Choose one of a., b. or c.): a. [ ] Wages, tips and other compensation on Form W-2. b. [ ] Code §3401(a) wages (wages for withholding purposes). c. [X] 415 safe harbor compensation. [Note: The Plan provides that the base definition of Compensation includes amounts that are not included in income due to Code §§401(k), 125,132(f)(4), 403(b), SEP, 414(h)(2), & 457. Compensation for an Independent Contractor means the amounts the Employer pays to the Independent Contractor for services, except as the Employer otherwise specifies below.]

COMPENSATION (1. 11(B)). The following base Compensation (as adjusted under Elections 10 and 11) applies in allocating Employer Contributions (or the designated Contribution Type) (Choose one or more of (a) through (d) and choose Contribution Type as applicable. Choose (e) if applicable.): [Note: For this Election 9 all definitions include Elective Deferrals unless excluded under Election 11. See Section 1.11(D). Unless described otherwise in Election 9(d), Elective Deferrals includes Pre-Tax Deferrals, ▇▇▇▇ Deferrals and Employee Contributions, Matching includes all Matching Contributions and Nonelective includes all Nonelective Contributions. In applying any Plan definition which references Section 1.11 Compensation, where the Employer in this Election 9 elects more than one Compensation definition for allocation purposes, the Plan Administrator will use W-2 Wages for such other Plan definitions of Compensation if the Employer has elected W-2 Wages for any Contribution Type or Participant group under Election 9. If the Employer has not elected W-2 Wages, the Plan Administrator for such other Plan definitions will use 415 Compensation. If the Plan is a Multiple Employer Plan, see Section 12.07. (1) (2) (3) (4) All Elective Contributions Deferrals Matching Nonelective (a) [ ] W-2 Wages (plus Elective Deferrals). [ ] OR [ ] [ ] [ ] (b) [ ] Code §3401 Federal Income Tax [ ] OR [ ] [ ] [ ] Withholding Wages (plus Elective Deferrals). (c) [ ] 415 Compensation (simplified). [ ] OR [ ] [ ] [ ] (d) [ ] Describe Compensation by Contribution Type or by Participant group:

COMPENSATION (1. Senior Officer rank will receive 1% of base pay. 2. Master Officer rank will receive an additional 1% of base pay.

COMPENSATION (1. For each Contract that is sold on or after the effective date of this Agreement, FILI shall pay PGL compensation equal to 2% of each Payment received by FILI. All compensation payable to PGL will be made by check payable to PGL. Payment for Payments received during the previous calendar month should be received by the 10th day of the following month. PGL shall pay the sub-agents commissions not to exceed .50% of the Payments received under this Agreement. Commission schedules will be determined by FILI in its sole discretion and may be modified by FILI from time to time upon notice to PGL. PGL hereby authorizes and appoints FBSI as its agent for the limited purposes of (1) transmitting to the sub-agents the commissions due them from PGL and (2) within one month of each calendar year end, transmitting to the sub-agents information concerning the amount of commissions paid to them during the prior calendar year. FBSI may fulfill the requirements of the preceding sentence through its own efforts or through cooperative efforts with any affiliated company in the Fidelity Investments group of companies. 2. For each Payment received by FILI, it shall pay to FBSI such compensation as may be mutually agreed to by them from time to time. Such compensation shall be documented in a separate written agreement.

COMPENSATION (1. For each Contract that is a LIFE INSURANCE policy or DEFERRED ANNUITY contract sold by a particular FIA, FILI shall pay such FIA, or its designee, compensation consisting of two components: (a) first year compensation equal to the lesser of (i) $50 per Contract and (ii) 2% of the Payments received during the first Contract Year; and (b) each year, an amount equal to .10% of the Contract Value. For each Contract that is an IMMEDIATE ANNUITY contract, FILI shall pay such FIA compensation each year of an amount not more than .10% of the reserves held to support the Contracts.

COMPENSATION (1. 05). Subject to the following elections, Compensation for purposes of allocation of Deferral Contributions means: Base Definition (Choose one of a., b. or c.): a. [X] Wages, tips and other compensation on Form W-2. b. [ ] Code §3401(a) wages (wages for withholding purposes). c. [ ] 415 safe harbor compensation. [Note: The Plan provides that the base definition of Compensation includes amounts that are not included in income due to Code

COMPENSATION (1. 05). Subject to the following elections, Compensation for purposes of allocation of Deferral Contri buti o n s means: Base Definition (Choose one of a., b., c. or d.): a. [ ] Wages, tips and other compensation on Form W-2. b. [X] Code §3401(a) wages (wages for withholding purposes). c. [ ] 415 safe harbor compensation. d. [ ] Alternative (general) 415 Compensation . [Note: The Plan provides that the base definition of Compensation includes amounts that are not included in income due to Code

COMPENSATION (1. 07). The Employer makes the following election(s) regarding the definition of Compensation for purposes of the contribution allocation formula under Article III: (Choose one of (a), (b) or (c)) o (a) W-2 wages increased by Elective Contributions. o (b) Code §3401(a) federal income tax withholding wages increased by Elective Contributions.