Common use of Base Salary Rate Clause in Contracts

Base Salary Rate. For purposes of this Agreement, “Base Salary Rate” means Executive’s base salary rate as in effect immediately prior to the date of Executive’s termination of employment (provided, if Executive resigns as a result of Section 6(g)(ii), “Base Salary Rate” shall mean Executive’s base salary rate as in effect immediately prior to the reduction triggering Section 6(g)(ii)).

Appears in 8 contracts

Samples: Control and Severance Agreement (Cortexyme, Inc.), Control and Severance Agreement (Cortexyme, Inc.), Control and Severance Agreement (Cortexyme, Inc.)

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Base Salary Rate. For purposes of this Agreement, "Base Salary Rate" means Executive’s 's base salary rate as in effect immediately prior to the date of Executive’s 's termination of employment (provided, if Executive resigns as a result of Section 6(g)(ii)6(i)(ii}, "Base Salary Rate" shall mean Executive’s 's base salary rate as in effect immediately prior to the reduction triggering Section 6(g)(ii6(i)(ii)).

Appears in 1 contract

Samples: Control and Severance Agreement (Quince Therapeutics, Inc.)

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