Base Amount shall have the meaning set forth in section 280G(b)(3) of the Code.

Base Amount means the Executive's annual base salary at the rate in effect as of the date of a Change in Control or, if greater, at any time thereafter, determined without regard to any salary reduction or deferred compensation elections made by the Executive.

Base Amount means the greater of Executive’s annual base salary (i) at the rate in effect on the day prior to the date of Executive’s Qualifying Termination, (ii) at the highest rate in effect at any time during the ninety (90) day period prior to Executive’s Qualifying Termination, or (iii) at the highest level in effect at any time during the ninety (90) day period prior to a Change in Control, and in any case shall include all amounts of such base salary that are deferred under any qualified and non-qualified employee benefit plans of the Company or under any other agreement or arrangement.

Examples of Base Amount in a sentence

The Court of Chancery granted Cantor Fitzgerald’s Motion for Summary Judgment as to Ainslie’s entitlement to the Base Amount and that ruling has not been appealed.
Cantor Fitzgerald withheld Ainslie’s Base Amount because Ainslie declined to sign a release as requested by Managing General Partner under § 11.12, which purported to release any claims that Ainslie had against Cantor Fitzgerald and would set off amounts he allegedly owed Cantor Fitzgerald under § 2.02(c) of the Agreement.
Ex. for 1st year end: L2=(H2*I2)/B2+L1  2.00%*10,000.00/10.00+0 = 20PF Movement for the Valuation Period (column M) =Outperformance NAV vs Benchmark (Column H) multiplied by the Base Amount (Column I) divided by the number of Outstanding Shares (Column B); Ex. for 1st year end: M2=(H2*I2)/B2  2.00%*10,0000.00/10.00 = 20 90The graph below relates the same examples as the table of page 88.
Party B agrees not to make any Issuer Repurchase if, immediately following such Issuer Repurchase, the Base Amount Percentage would be equal to or greater than 8.0%.
Ex. for 1st year end: I2=E1*B2  1,000*10.00= 10,000.00Value of Outperformance/Underperformance (column J) =Base Amount (Column I) multiplied by the Outperformance NAV vs Benchmark (column H).

More Definitions of Base Amount

Base Amount means, with respect to each Preferred Share, as of the applicable date of determination, the sum of (1) the Stated Value thereof, plus (2) the Unpaid Dividend Amount thereon as of such date of determination.

Base Amount means, with respect to any share of Series A Preferred Stock, as of any date of determination, the sum of (a) the Liquidation Preference and (b) the Base Amount Accrued Dividends with respect to such share as of such date.

Base Amount means “base amount,” within the meaning of Section 280G(b)(3) of the Code.

Base Amount means an amount equal to the average Annual Compensation of the Executive for the most recent five (5) taxable years ending before the date on which a Change of Control occurred.

Base Amount means an amount equal to the sum of:

Base Amount has the meaning set forth in Section 2.2.