Annual Base Salary definition

Annual Base Salary shall have the meaning set forth in Section 3(a).
Annual Base Salary shall refer to the Annual Base Salary as so increased.
Annual Base Salary shall have the meaning set forth in Section 5.

Examples of Annual Base Salary in a sentence

  • During the Term, the Annual Base Salary may be increased by the Compensation Committee of the Company’s Board of Directors (the “Compensation Committee”) in its sole discretion.

  • In addition to the Annual Base Salary, for each fiscal year ending during the Term, the Executive may be eligible for an annual cash bonus or incentive compensation (the “Annual Bonus”) as determined by the Compensation Committee.

  • Such Annual Base Salary shall be paid in the amounts and on the dates upon which it would have been paid if the Employment Period had not ended prior to the end of the Term.

  • The term “Annual Base Salary” as utilized in this Agreement shall refer to the Annual Base Salary as so adjusted.

  • The Company shall pay the Executive the Annual Base Salary to which the Executive would be entitled for the period commencing on the day after the Termination Date and ending on the date of the end of the Term; provided the Executive signs and delivers the Release within the consideration period identified in the Release and the Release become irrevocable within such sixty (60) day period after the Termination Date.


More Definitions of Annual Base Salary

Annual Base Salary means the greater of (a) the highest annual rate of base salary in effect for Executive during the 12-month period immediately prior to a Change of Control, or (b) the annual rate of base salary in effect on the date Executive’s employment is terminated.
Annual Base Salary as used in this Agreement shall refer to the Annual Base Salary as it may be so increased.
Annual Base Salary means the Executive’s annual base salary from the Company.
Annual Base Salary means, as of a specified date, Executive’s annual base salary as of such date determined pursuant to Section 4.1.
Annual Base Salary means the annual base salary of the Executive in effect as of the date of his date of Termination of Employment, without regard to any salary reduction under any plan maintained by the Company under Code Sections 125 or 401(k), or any nonqualified deferred compensation plan maintained by the Company.
Annual Base Salary means the Executive’s rate of regular base annual compensation prior to any reduction under (i) a salary reduction agreement pursuant to Section 401(k) or Section 125 of the Code or (ii) any plan or arrangement deferring any base salary.
Annual Base Salary means the salary of Employee in effect at the relevant time determined in accordance with Section 4(a) hereof.