Annual Salary means the salary given under this Part.
Annual Salary means the Executive’s annual base salary then in effect or, if higher, in effect at the time of the Change in Control, excluding reimbursements and amounts attributable to stock options and other non-cash compensation; and the “Severance Compensation” shall mean the compensation set forth in (i), (ii), (iii), and (iv) above.
Annual Salary shall have the meaning specified in Section 1.2(a).
Examples of Annual Salary in a sentence
Annual salary increases may be tied to "pay for performance" (via establishment ofmutually agreeable goals and objectives) or the "annual cost ofliving rates established" and or both, based on the needs ofthe district, negotiations with the administrator coupled to the district's financial stability.
More Definitions of Annual Salary
Annual Salary means the base salary paid to a Participant immediately prior to his or her Termination Date on an annual basis exclusive of any bonus payments or additional payments under any Benefit Plan.
Annual Salary means the sum of:
Annual Salary shall, as determined on the Termination Date, be equal to the greater of:
Annual Salary means Executive’s salary at the greater of (i) Executive’s annualized base salary (including Executive’s monthly car allowance) in effect on the date of the Change in Control, or (ii) Executive’s annualized base salary in effect on Executive’s Employment Termination.
Annual Salary means Executive’s annual base salary, exclusive of any bonus pay, commissions or other additional compensation, in effect on the Date of Termination.
Annual Salary means the Executive’s regular annual base salary immediately prior to the Executive’s termination of employment, including compensation converted to other benefits under a flexible pay arrangement maintained by AEPSC or deferred pursuant to a written plan or agreement with AEPSC, but excluding sign-on bonuses, allowances and compensation paid or payable under any of AEPSC’s long-term or short-term incentive plans or any similar payments, and any salary lump sum amount paid in lieu of or in addition to a base wage or salary increase.
Annual Salary shall be the stated base cash compensation defined in Section 5(a) without regard to any elective deferral or salary reduction plan or program of the Company.