Base Pay definition

Base Pay means the greater of (i) Executive’s annual base salary rate, exclusive of Bonus, as in effect immediately preceding Executive’s Termination Date, and (ii) Executive’s highest annual base salary rate, exclusive of Bonus, in effect at any time during the three years immediately preceding the Change in Control.
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.

Examples of Base Pay in a sentence

  • 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 fifty percent (50%) of the Base Pay that would have been owed to Coach for the remainder of the Term as of the University Termination Date, with any part of a month prorated based on weekdays and subject to all applicable state and federal tax reporting and withholding requirements.

  • 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 fifty percent (50%) of the Base Pay that would have been owed to Coach for the remainder of the Term had she not terminated the MOU or the Employment Agreement.

  • Deductions for unpaid leave 919 shall be made using the following formula: Monthly Base Pay x FTE divided by 920 21.67.

  • As a % of Base Pay Family Medicine/Pediatrics 9 10 11 11.5 Internal Medicine 7 8 9 10 Urgent Care Physicians For the purposes of determining the monthly Productivity Incentive Payment, employees will have the lowest APVPHD (Family Medicine, Pediatrics, and Internal Medicine) or APVPD (Urgent Card) clinic session dropped from the calculations.


More Definitions of Base 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 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 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").
Base Pay means Employee’s annual rate of base salary as in effect from time to time.