11-13-1990 Council Packet - Laserfiche WebLink

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2.6. Benefits. Any disbursement or reimbursement provided to or on behalf of the employee under the terms and conditions of this plan. 2.7. Code. The Internal Revenue code of 1986, as amended. Reference to any section or subsection of the code includes reference to any amending or replacing provisions of any legislation or regulation. The reference may also include the Employee Retirement Income Security Act of 1974 (ERISA), as amended, and any other applicable Federal or State legislation or regulation. 2.8. Company. The company named in the Adoption Agreement, also referred to as we, us or our(s). 2.9. Compensation. The total earnings actually paid to an employee by us. This includes over-time pay, scheduled bonuses, and commissions, but excludes expense allowances and any other extraordinary compensation. 2.10. Dependent. The term "Dependent” shall have the same meaning as set out in Section 152 of the Code. In addition, for purposes of this plan, it means any individual for whom the participant is entitled to claim an exemption under Section 151(c) of the Code, 2.11. Dependent Care. Within the meaning of Code Section 129, Dependent Care shall mean household and employment related services and expenses incurred by a Participant which: (a) are incurred for the care of a qualifying individual within the meaning of the Code Section 21(b), (b) are performed to enable a Participant to remain gainfully employed, and (c) are incurred for the care of dependents in a dependent care service provider pursuant to employment-related expenses under Code Section 129. 2.12. Dependent Care Service Provider. Dependent Care Service Provider means a person who provides care or other services described in Section 2.11 above, but shall not include (a) a dependent care center (as defined in Section 21(b)(2)(D) of the Code), unless the requirements of Code Section 21(b)(2)(C) are satisfied, or (b) a related individual described in Section 129(c) of the Code. 2.13. Disability. The definition of "disability" will vary, depending upon the benefit claimed. The statutory or contract definition provided in the governing contract or statute shall apply to the exclusio'* of any other definition. 2.14. Earned Income. All income derived from wages, salaried, tips, and other employee compensation paid to an employee during the Plan Year. Such income does not include any amounts paid or incurred (i)