Adjusted Salary means the Current Salary minus the Deferred Salary paid to the Participant during the Deferral Period.
Adjusted Salary means the Adjusted Cash Salary plus an amount equal to the amount of any salary increase(s) provided in the form of restricted stock or stock options beginning on January 1, 1995.
Adjusted Salary means the regular salary, wages and commissions, if any, payable to a Participant by the Company for the Participant’s service, excluding any bonuses or other compensation.
Examples of Adjusted Salary in a sentence
Personnel: Marketing (50% of Adjusted Salary) – Organizations may request up to 50% of the adjusted payroll for marketing employees only.
You will be able to participate in all of these voluntary benefits as long as this does not bring your Adjusted Salary to below the thresholds outlined in Question 20).
As detailed in Question 3 you will not be able to participate in Bangor Benefits for Pensions if your Adjusted Salary were to fall below the NMW or NLW.
We will advise lenders of the amount of your Base Salary, which is your pay before any reduction under Bangor Benefits for Pensions or any other Salary Exchange schemes and your Adjusted Salary, after any reductions for Bangor Benefits for Pensions or other Salary Exchange arrangements.
The amount of the letter(s) of credit shall be adjusted at least annually to reflect changes in Executive's salary, so that it shall at all times be at least four (4) times the Adjusted Salary.
More Definitions of Adjusted Salary
Adjusted Salary means (x) with respect to the 2004 Fiscal Year, the Base Salary plus the value (determined as described below) of the shares of restricted stock initially granted to Employee in lieu of a cash increase to Base Salary for such year, and (y) with respect to the 2005 Fiscal Year and each Fiscal Year thereafter during the term of this Agreement, the greater of (1) the Adjusted Salary for the immediately preceding Fiscal Year or (2) the sum of the Base Salary plus the value (determined as described below) of the shares of restricted stock granted to Employee for such Fiscal Year. For the purposes of this Section, the value of shares of restricted stock shall be the value, determined at the closing price of the Company’s shares on the New York Stock Exchange (“NYSE”) as of the date of grant of the restricted stock award (or if the NYSE is not open for business on such date of grant, then on the next regular business day on which the NYSE is open for business). Based on the foregoing formula, Employee’s Adjusted Salary for 2006 was $576,030, which was determined as reflected on Schedule 2(a) hereto, which Schedule also sets forth an example of how such Adjusted Salary amount would be computed for future years. The Base Salary and Adjusted Salary for each Fiscal Year shall become effective as of January 1 of such Fiscal year. Employee’s Base Salary for any Fiscal Year after 2007 shall remain as set for the 2007 Fiscal Year unless the Board of Directors increases such Base Salary and the Adjusted Salary
Adjusted Salary means the regular salary or wages of a Participant received or to be received from the Company for the Participant's service with respect to a particular Fiscal Year, excluding any overtime, bonuses or other compensation with respect to such Fiscal Year and, in the case of a Participant who receives commission payments, the regular salary or wages of a Participant received or to be received from the Company for the Participant's service with respect to the Fiscal Year, and any commission payments payable or paid to such Participant in respect of the immediately preceding Fiscal Year , and does not include any Company Contributions or other benefits received by the Participant under this Plan.
Adjusted Salary means Executive’s base salary adjusted by a multiplier determined by the President of Labor Ready. For 2005, the multiplier will range from 0.5 to 1.2. The full 12.5% can be earned for reaching the full EBITDA target. A prorated amount of the bonus will be earned for EBITDA levels between 90% and 125% of the EBIDTA target, based on the following metrics: 125% of the EBITDA target 125% of the target bonus 100% of the EBITDA target 100% of the target bonus amount 90% of the EBITDA target 50% of the target bonus amount Less than 90% of the EBITDA target No bonus.
Adjusted Salary for a Pay Period means the Original Salary less an amount equal to the Sacrifice Value.
Adjusted Salary. This means your Reference Salary, as amended from time to time, but which has been reduced by the Car Scheme salary exchange.
Adjusted Salary means the revised annual salary being the Original Salary less the Childcare Voucher Value. The Adjusted Salary may be subject to review on the same date and subject to the same terms and conditions as the Original Salary as part of the employer’s normal salary review process.
Adjusted Salary means the Adjusted Cash Salary plus an amount equal to the amount of any salary increase(s), if any, provided in the form of restricted stock or stock options less any sum attributable to the payment of salary in lieu of automobile benefits (as of the date of this Agreement that amount is Seven Thousand Dollars ($7,000)).