Annual Base Salary definition

Annual Base Salary shall have the meaning set forth in Section 3(a).
Annual Base Salary shall refer to the Annual Base Salary as so increased.
Annual Base Salary shall have the meaning set forth in Section 5.

Examples of Annual Base Salary in a sentence

  • The Employer shall pay the Executive an amount equal to eighteen (18) months of the Executive’s Annual Base Salary in effect immediately prior to the date of Executive’s termination of employment.

  • The salary for such Administrative Leave shall be ½ of the Employee’s Annual Base Salary prior to the Employee’s assumption of the Employee’s tenured academic appointment.

  • The Employer shall also pay the Executive an amount equal to the product of: (A) the Executive’s then current Target Bonus Percentage, multiplied by (B) the Executive’s then current Annual Base Salary.

  • Executives Annual Bonus shall be targeted at 80% of Executive’s Annual Base Salary.

  • Any increases to Annual Base Salary shall be in the sole discretion of the University.


More Definitions of Annual Base Salary

Annual Base Salary as used in this Agreement shall refer to the Annual Base Salary as it may be so increased.
Annual Base Salary means the Executive’s annual base salary from the Company.
Annual Base Salary means the greater of (a) the highest annual rate of base salary in effect for Executive during the 12-month period immediately prior to a Change of Control, or (b) the annual rate of base salary in effect on the date Executive’s employment is terminated.
Annual Base Salary means, as of a specified date, Executive’s annual base salary as of such date determined pursuant to Section 4.1.
Annual Base Salary means the Executive's gross annual salary before any deductions, exclusions or any deferrals or contributions under any Company plan or program, but excluding bonuses, incentive compensation, employee benefits or any other non-salary form of compensation (determined without regard to any reduction in Annual Base Salary that results in "Good Reason" termination).
Annual Base Salary shall have the meaning set forth in Section 4(a).
Annual Base Salary means the base salary set forth in Section 3.1 hereof.