Basic Annual Salary definition

Basic Annual Salary shall be the annual salary as determined in Article 31. It shall not include payment for extra duties nor stipends.
Basic Annual Salary means the basic annual remuneration of a Participant from the Corporation and Designated Affiliates exclusive of any overtime pay, bonuses or allowances (whether received in cash, securities or otherwise) of any kind whatsoever;
Basic Annual Salary means the basic annual remuneration of a Participant from the Corporation and any Designated Affiliate exclusive of any overtime pay, bonuses or allowances of any kind whatsoever or such other amount as may be determined by the Board from time to time in respect of a Participant;

Examples of Basic Annual Salary in a sentence

  • The Mission contributes 10% from the employee’s Basic Annual Salary and the employee a minimum of 5% of the Basic Annual Salary.

  • In addition, the budget also administers NDOW’s Biodiversity/Geographic Information System (GIS) that supports the agency’s resource mapping needs.

  • The amounts so deducted by or paid to the Company (the “Participant’s Contribution”) will be applied to the purchase of Shares pursuant to the Plan and shall be held by the Company in trust for the purposes of the Plan.Except in the case of Participants who are directors of the Company, the Participant’s Contribution during a Plan Year shall not exceed 10% of the Participant’s Basic Annual Salary for the calendar year in which the Enrolment Date falls.

  • Our contract with Barret Planning group had called for “monthly” invoices as the study progressed, and it gave us the option to terminate the contract if progress was unsatisfactory.

  • For greater certainty, the maximum Corporation’s Contribution which may be made by the Corporation in respect of any Participant for any calendar year is 3.75% of the Basic Annual Salary of such Participant for such calendar year.


More Definitions of Basic Annual Salary

Basic Annual Salary means the basic annual remuneration of a Participant from the Employer exclusive of any overtime pay, bonuses or allowances of any kind whatsoever or such other amount as may be determined by the Administrators from time to time as the Basic Annual Salary of the Participant;
Basic Annual Salary means the basic annual cash remuneration of a Participant from the Corporation and its Designated Affiliates exclusive of any overtime pay, bonuses or allowances of any kind whatsoever and not including any equity-based incentive compensation or amounts paid as a reimbursement of expenses;
Basic Annual Salary means the Employee's regular annual cash earnings from all System Companies, exclusive of any bonus, overtime or other special payments, but including the amount, if any, the Participant elects to defer under: (a) a cash or deferred arrangement qualified under Code Section 401(k); (b) a cafeteria plan under Code Section 125; (c) the Executive Deferred Compensation Plan of Entergy Corporation and Subsidiaries, or any successor or replacement plan; and (d) any other nonqualified deferred compensation plan, agreement, or arrangement in which the Participant may participate or to which the Participant may be a party.
Basic Annual Salary means annual earnings received from your Employer, including commissions earned over the most recent 12 month period or length of employment, if less. It does not include bonuses, overtime pay, shift differential or any other extra compensation.
Basic Annual Salary means the basic annual remuneration of a Participant from the Corporation and its Designated Affiliates exclusive of any overtime pay, commissions, bonuses or allowances of any kind whatsoever;
Basic Annual Salary means the basic annual remuneration of a Participant from the Corporation and its Designated Affiliates exclusive of any overtime pay, bonuses or allowances of any kind whatsoever; provided, however, that for any Participant who is regularly scheduled to work a 12-hour shift, overtime pay shall be included in Basic Annual Salary, but only for the number of overtime hours worked in any two week period that, when added to the number of regular hours
Basic Annual Salary means those earnings from the Employer immediately prior to the first day of entitlement to disability benefits, exclusive of bonuses, commissions, overtime pay, and extra compensation.