Examples of Base Salary in a sentence
Your Base Salary shall be paid at the rate in effect at the time of the termination of your Employment (ignoring any reduction in Base Salary that resulted in a resignation for Good Reason).
The annual compensation specified in this subsection (a), together with any modifications in such compensation that the Company may make from time to time, is referred to in this Agreement as “Base Salary.” Your Base Salary may be reviewed on an annual basis by the Board or a Compensation Committee of the Board (the “Compensation Committee”) based upon available market data.
The Base Salary will be reviewed from time to time by the Company.
The Company is under no obligation to increase the Base Salary at the time of any salary review.
For purposes of this Agreement, “Accrued Obligations” shall mean any earned but as yet unpaid Base Salary, any earned but as yet unpaid Annual Bonus from the prior fiscal year, and any reimbursement due under applicable Company policy for expenses incurred by you on or before the Separation Date.