Base Pay definition

Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

Base Pay means the Executive's annual base salary at a rate not less than the Executive's annual fixed or base compensation as in effect for Executive immediately prior to the occurrence of a Change in Control or such higher rate as may be determined from time to time by the Board or a committee thereof.

Base Pay means Executive’s annual base salary rate as in effect from time to time.

Examples of Base Pay in a sentence

• The Base Pay is subject to the same furlough and temporary salary reduction measures that may be imposed from time-to-time by the University on its exempt employees.

• If the University terminates this MOU or the Employment Agreement without cause, then the University shall pay Coach a separation payment (“University Separation Payment”) in the amount equal to the monthly rate of the sum or Base Pay and Supplemental Pay times the number of months remaining in the Term, with any part of a month prorated based on weekdays and subject to all applicable state and federal tax reporting and withholding requirements.

• Pay Band Employee Base Pay Rate Pay Rate* PIP-09 *BASE PAY RATE ADJUSTMENT Effective January all base pay rates will be adjusted to the new base pay rate, as identified above.

• If Coach terminates this MOU or the Employment Agreement without cause prior to the end of the Term, including any extension thereof, then Coach shall pay the University a separation payment in the amount equal to 50% of the total compensation (Base Pay plus Supplemental Pay) that would have otherwise been payable to Coach through the end of the Term had he not terminated the MOU or the Employment Agreement.

• The Base Pay shall not be increased in accordance with the terms of any across the board or merit salary increase authorized or mandated for University employees by the State of Tennessee or the University.

More Definitions of Base Pay

Base Pay means Executive's annual base salary rate as in effect from time to time.

Base Pay means the compensation paid by the Town of Southborough for the purposes of determining retirement credits and contributions for Town employees.

Base Pay means the Executive's annual aggregate fixed base salary from the Company at the time in question.

Base Pay means the employee’s rate of pay exclusive of extra pay such as lead worker pay, pay for shift differential, pay for special assignment, on-call pay, call back pay, or any other incentive premium pay.

Base Pay means the Executive’s annual base salary rate as in effect at the time a determination is required to be made under Section 4.

Base Pay means the employee's hourly rate and any supplemental pay authorized by the Article. Base pay shall not include any overtime, per diem, shift differential, payment in kind, premium pay, one-time lump sum payments, or any other allowance for expenses authorized and incurred as an incident to employment. For purposes of these rules, "pay" means base pay.

Base Pay means regular straight time earnings, plus review cycle bonuses and overtime payments, payments for incentive compensation, and other special payments except to the extent that any such item is specifically excluded by the Board of Directors of the Company (the "Board").