A custodial account (cash plus stock) that's automatically opened in your name when you elect to participate in the Employee Stock Purchase Plan. Your account is credited with your payroll deductions and dividends on purchased stock, which are used to purchase stock on your behalf. The purchased stock is held in your account. The cash in your account does not earn interest.

Contributions that are taken from your pay after federal, and in most cases, state and local income taxes have been withheld.

Generally, your annual base salary plus applicable job differential pay (e.g., shift pay). It does not include any annual bonuses, overtime, special recognition, or other incentive awards you might receive. In certain situations, your benefits pay may include other cash earnings (e.g., commissions, draws, and overrides) paid under certain non-annual incentive plans that provide compensation in lieu of base salary. For most benefits plans, your benefits pay is updated as changes occur throughout the year.

Please Note: Separate definitions other than what is described here may apply to employees in certain sales positions who are paid on a draw-and-commission basis. If this situation applies to you, you will be notified.

The custodian and plan administrator.

The first day of February, May, August, and November on which trading in JPMorgan Chase common stock is conducted on the New York Stock Exchange.

The price used to purchase JPMorgan Chase common stock through the plan on your behalf. The price you pay is equal to 95% of the average of the high and low sale prices of JPMorgan Chase common stock on the purchase date.

The period of your employment beginning on your first day actively at work for JPMorgan Chase or a designated subsidiary, and ending when your employment with JPMorgan Chase or a designated subsidiary ends. For purposes of eligibility, you must have been hired on or before September 30 of any calendar year to participate in the plan in the following year. (You may make an election to participate only during an annual benefits enrollment period.)

Shares of common stock of JPMorgan Chase purchased through the plan.

Generally, your total annual cash compensation includes base salary plus applicable job differential pay (e.g., shift pay) as of each August 1, plus any cash earnings from any incentive plans (e.g., annual bonus, commissions, draws, overrides, and special recognition payments or incentives) that are paid to or deferred by you for the previous 12-month period ending each July 31. Overtime is not included. For most employees hired on or after August 1, total annual cash compensation will be equal to base salary plus applicable job differentials.

Please Note: Separate definitions may apply to employees in certain sales positions who are paid on a draw-and-commission basis. If this situation applies to you, you will be notified.