Common use of Compensation while a Participant Clause in Contracts

Compensation while a Participant. The Employee’s Compensation only for the portion of the Plan Year in which the Employee actually is a Participant. PLAN YEAR (1.24). Plan Year means the 12-consecutive month period (except for a short Plan Year) ending every (Choose one of (a) or (b). Choose (c) as applicable): [X] (a) December 31. [ ] (b) Other: [ ] (c) Short Plan Year: commencing on: and ending on: . EFFECTIVE DATE (1.08). (Choose one of (a) or (b). Choose (c) as applicable):

Compensation while a Participant. The Employee’s Compensation only for the portion of the Plan Year in which the Employee actually is a Participant. PLAN YEAR (1.24). Plan Year means the 12-consecutive month period (except for a short Plan Year) ending every (Choose one of (a) or (b). Choose (c) as applicable): [X[ ] (a) December 31. [ ] (b) Other: [ ] (c) Short Plan Year: commencing on: and ending on: . EFFECTIVE DATE (1.08). (Choose one of (a) or (b). Choose (c) as applicable):