Base Salary Amount definition

Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

Base Salary Amount. The annual sum of $500,000.

Base Salary Amount means the annual base salary payable by FII to the Executive and includable by the Executive in gross income for the most recent calendar year ending before the date on which the Change of Control occurred.

Examples of Base Salary Amount in a sentence

• However, in no event will EMPLOYEE’s Base Salary Amount be reduced as a result of any such review.

• EMPLOYEE’s Base Salary Amount has been mutually negotiated with this understanding, and both EMPLOYEE and LSU agree that the Base Salary Amount would be less if EMPLOYEE were entitled to earn annual leave.

• LSU agrees to pay EMPLOYEE the Base Salary Amount annually, in 12 equal monthly installments, on LSU’s regular monthly payroll date.

• The Base Salary Amount shall be reviewed at the end of each season of Program and may be adjusted at that time by the Athletic Director, subject to recommendation, review, and approval pursuant to LSU personnel policies and LSU Bylaws and Regulations.

• EMPLOYEE understands and agrees that no contributions for purposes of any State of Louisiana retirement program will be made by LSU or withheld from EMPLOYEE’s compensation except as to the Base Salary Amount and any earned Post-Season Incentive Compensation, and EMPLOYEE shall not be entitled to any retirement benefits that may otherwise be attributable to any other compensation paid pursuant to this Agreement.

More Definitions of Base Salary Amount

Base Salary Amount. The annual sum of $115,000.

Base Salary Amount means the Executive’s annual base salary at the rate in effect on the Termination Date.

Base Salary Amount means $190,000 during the first Contract Year, $210,000 during the second Contract Year and $230,000 during the third Contract Year.

Base Salary Amount means $60,000.00 during the Initial Period and first Contract Year and $60,000.00 during the second Contract Year.

Base Salary Amount means the amount of the Cash Severance made up of Base Salary as described in Section 5.

Base Salary Amount means (1) the amount of Executive’s average monthly base salary during either (i) if Executive has been employed by Employer for twelve (12) or more consecutive months immediately prior to the Termination Date, the twelve (12) consecutive months immediately prior to the Termination Date or (ii) if Executive has been employed by Employer for less than twelve (12) consecutive months immediately prior to the Termination Date, the consecutive months of Executive’s employment with Employer immediately prior to the Termination Date, multiplied by (2) either (i) if Executive has been employed by Employer for twenty four (24) or more consecutive months immediately prior to the Termination Date, twelve (12) or (ii) if Executive has been employed by Employer for less than twenty four (24) consecutive months immediately prior to the Termination Date, six (6).

Base Salary Amount means the greater of (i) the Participant’s base salary as determined on a monthly basis at the time of the Measurement Date multiplied by twelve (12) or (ii) the greatest amount of base salary received by the Participant in any consecutive twelve (12) month period that occurred within the thirty-six (36) month period immediately preceding the Measurement Date. For clarity purposes, any amount that a Participant elects to have withheld from the Participant’s base salary, for example, contributions to the PetSmart, Inc. SaveSmart 401(k) Plan or the PetSmart, Inc. Amended and Restated Deferred Compensation Plan, shall not reduce the Participant’s Base Salary Amount.