Total Annual Compensation Sample Clauses

Total Annual Compensation. For purposes of this Agreement, Total Annual Compensation shall mean: i. One-year's base salary at the highest rate in effect in the period beginning six months before the last Change in Control to occur before termination of the Officer's employment; plus ii. Other compensation, including, without limitation, bonus payments, at the rate paid for (i) the calendar year preceding such Change in Control, or (ii) the calendar year preceding termination of the Officer's employment, whichever is greater, but shall not include the value of benefits that are not subject to current federal income taxation to the Officer. Such other compensation for a calendar year shall be annualized on a monthly basis based upon the number of months in the calendar year in which the Officer was employed.
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Total Annual Compensation for the Executive is comprised of a Salary Component and a Pay for Performance Component, described herein as a "Pay for Performance". Subject to constraints imposed by applicable law, including but not limited to all Regulations and Directives thereunder, the Board will periodically, at least annually, review the Hospital's Executive Compensation Framework, and where permitted by law and determined by the Board to be warranted, the Board will make increases to the permissible Total Annual Compensation payable to designated executives. Where permitted by law and consistent with the Hospital's Executive Compensation Framework and this Agreement, the Board may from time to time in its discretion provide the Executive with increases in one or both components of her Total Annual Compensation. All payments set out herein shall be subject to all usual and necessary deductions and withholdings.
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Total Annual Compensation. $350,000 base salary. This salary will be non-decreasing and reevaluated for increases no less than once each year at the same time that the Company evaluates the compensation of similarly situated employees. - $650,000 annual bonus target. Your guaranteed minimum bonus for your first year of employment is $725,000. Thereafter, any bonus award will be at the Compensation Committee's discretion. - $500,000 annual target grant under the Company's Long Term Incentive ("LTI") Plan Your total first year annual total compensation will be targeted at $1.575 million ($350,000 base, $725,000 bonus, $500,000 LTI). LTI awards can be awarded in stock options, restricted stock and Janus funds. Your initial LTI award and bonus will be awarded during the first quarter of 2005 at the same time as grants are made to comparable Company executives. The Company's Compensation Committee reviews the base salary and bonus and LTI targets for Company executives on an annual basis and may adjust cash and non-cash compensation amounts and targets from time to time.
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Total Annual Compensation. For purposes of this Agreement, “Total Annual Compensation” shall mean the aggregate value on an annual basis of (i) the then-current Base Salary, (ii) the annual target bonus opportunity based on the then-current Target Annual Bonus Percentage and then-current Base Salary and (iii) the aggregate target grant date value of equity awards granted to Executive with respect to the applicable year under the Company’s long-term incentive compensation programs for key executives.
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Total Annual Compensation. For purposes of this Agreement, Total Annual Compensation shall mean:
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Related to Total Annual Compensation

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Total Compensation 5.1. Contractor shall include Total Compensation in ▇▇▇ for each of its five most highly compensated Executives for the preceding fiscal year if: 5.1.1. The total Federal funding authorized to date under the Award is $25,000 or more; and 5.1.2. In the preceding fiscal year, Contractor received: 5.1.2.1. 80% or more of its annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.2.2. $25,000,000 or more in annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.3. The public does not have access to information about the compensation of such Executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d) or § 6104 of the Internal Revenue Code of 1986.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .