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NRS 31A.017

“Lump sum payment” defined

(Added to NRS by 2021, 2277)

“Lump sum payment” means:

1. A commission;

2. A discretionary or nondiscretionary bonus;

3. A productivity or performance bonus;

4. Profit sharing;

5. A referral or sign-on bonus;

6. An incentive payment for moving or relocation;

7. An attendance award;

8. A safety award;

9. A cash payment award;

10. Termination pay;

11. Severance pay; and

12. Any other one-time, unscheduled or irregular payment of compensation.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.