Annual Salary definition

Annual Salary means the salary given under this Part.
Annual Salary means the Executive’s annual base salary then in effect or, if higher, in effect at the time of the Change in Control, excluding reimbursements and amounts attributable to stock options and other non-cash compensation; and the “Severance Compensation” shall mean the compensation set forth in (i), (ii), (iii), and (iv) above.
Annual Salary shall have the meaning specified in Section 1.2(a).

Examples of Annual Salary in a sentence

  • For purposes of calculating the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” the salary of any full-time employee that is not employed by Taxpayer for the entire taxable year shall be annualized.

  • Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of one-and-one- half times for work on the holiday.

  • The Company shall make a lump sum cash payment to Employee equal to three (3) times the Employee’s Annual Salary (as defined below).

  • In the event Taxpayer employs more than the number of full-time employees, determined on an annual full-time equivalent basis, than required in Exhibit A, for purposes of satisfying the “Minimum Annual Salary of California Full-time Employees Hired” and the “Cumulative Average Annual Salary of California Full-time Employees Hired,” Taxpayer may use the salaries of any of the full-time employees hired within the required time period.

  • Sergeants 2006 2007 2008 2009 83,727 86,867 90,125 93,505 Lieutenants 89,373 92,724 96,202 99,810 Detective * $ 1,500 * $ 1,500 * $ 1,500 $1,500 * To be paid to all Police Officers regardless of rank while assigned Detective Duties, in addition to their Annual Salary.


More Definitions of Annual Salary

Annual Salary means the base salary paid to a Participant immediately prior to his or her Termination Date on an annual basis exclusive of any bonus payments or additional payments under any Benefit Plan.
Annual Salary means the sum of:
Annual Salary shall, as determined on the Termination Date, be equal to the greater of:
Annual Salary means Executive’s salary at the greater of (i) Executive’s annualized base salary (including Executive’s monthly car allowance) in effect on the date of the Change in Control, or (ii) Executive’s annualized base salary in effect on Executive’s Employment Termination.
Annual Salary means Executive’s annual base salary, exclusive of any bonus pay, commissions or other additional compensation, in effect on the Date of Termination.
Annual Salary means the Executive’s regular annual base salary immediately prior to the Executive’s termination of employment, including compensation converted to other benefits under a flexible pay arrangement maintained by AEPSC or deferred pursuant to a written plan or agreement with AEPSC, but excluding sign-on bonuses, allowances and compensation paid or payable under any of AEPSC’s long-term or short-term incentive plans or any similar payments, and any salary lump sum amount paid in lieu of or in addition to a base wage or salary increase.
Annual Salary means the annual salary payable to Executive in the amount of $367,000, as it may be adjusted by the Company from time to time.