Determination of Base Salary. For purposes of this Agreement, in the event there is a reduction in the Employee’s base salary that would constitute a basis for a termination for Good Reason, the base salary used for purposes of calculating the severance payable pursuant to this Section 3 shall be the amount in effect immediately prior to such reduction.
Appears in 9 contracts
Samples: Severance and Change of Control Agreement (Regency Centers Lp), Severance and Change of Control Agreement (Regency Centers Lp), Severance and Change of Control Agreement (Regency Centers Lp)
