Annual Salary definition

Annual Salary means the salary given under this Part.
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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.
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Annual Salary shall have the meaning specified in Section 1.2(a).
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Examples of Annual Salary in a sentence

  • In no case shall the Annual Salary be reduced, unless by mutual agreement, such agreement to be in writing.

  • The Company shall reimburse Employee for reasonable out-of-pocket expenses incurred by Employee in connection with such cooperation and shall compensate Employee at an hourly rate commensurate with Employee’s final Annual Salary for time spent on such cooperation in excess of ten (10) hours per calendar quarter.

  • The Company shall review the Annual Salary annually and shall make any adjustments it determines are reasonable and as approved by the Board, who shall take into account, but shall not be limited to considering, the Employee’s performance, the financial and operating success of the Company in the preceding twelve (12) months and salaries for comparable positions in the marketplace.

  • Upon termination of Employee’s employment for any reason, Employee shall receive (a) Employee’s unpaid Annual Salary through the date of termination; (b) all of Employee’s accrued, but unused vacation and/or paid time off time; (c) any unpaid expense reimbursements accrued by Employee as of the date of termination; and (d) any earned but unpaid Annual Bonus from a prior fiscal year ((a) through (d), the “Accrued Obligations”).


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.
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Annual Salary means Executive’s salary at the greater of (i) Executive’s annualized base salary (including Executive’s monthly car allowance, if any) in effect on the date of the Change in Control, or (ii) Executive’s annualized base salary in effect on Executive’s Employment Termination.
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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.
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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.
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Annual Salary means the annual salary of the Executive established by the HRCC and payable by the Corporation or its affiliates, determined as at the end of the month immediately preceding the month in which the termination of employment occurs and if at the relevant time an annual salary level has not been established, it shall be calculated by multiplying by 12 the monthly salary of the Executive in effect for the month preceding the month in which a termination of employment occurs pursuant to Article 2;
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Annual Salary means the total annualized compensation paid to a county employee excluding the cost of any fringe bene- fits.
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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.
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