It isn't a contractual cap, but an IRS type limitation that sits around $50k right now. Additionally, I can't remember if the overage is paid out directly or goes into your account as some kind of non-qualified status or maybe it's taxed.
Clear as mud, I know but hopefully somewhat helpful. Either way, this isn't something a junior FO like me is concerned about anytime soon.
Last edited by SeeDub; 10-17-2013 at 10:38 AM.
Reason: Additional Thought