Basic Salary definition

Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

Basic Salary is the salary calculated after verifying training and experience according to the salary schedule in Appendix "C".

Basic Salary means the salary, as specified in Clause 6.1.1 or, as appropriate, the reviewed annual salary from time to time;

Examples of Basic Salary in a sentence

• In the event of such termination under this Section, the Company will pay you the earned but unpaid portion of your Basic Salary through the termination date.

• In the event of a termination under this Section 9(a), the Company will pay you only the earned but unpaid portion of your Basic Salary through the termination date.

• Commission/Variable Component, if any, as per the recommendations of the Committee and the approval of the Board of Directors in addition to the Basic Salary, Perquisites and any other Allowances, benefits and amenities.

• No amendment or variation of this Agreement or any of the documents referred to in it (other than an alteration in the Basic Salary) shall be effective unless it is in writing and signed by or on behalf of each of the parties.

• In the event of a termination under this Section 8(a), the Company will pay you only the earned but unpaid portion of your Basic Salary through the termination date.

More Definitions of Basic Salary

Basic Salary means salary as per relevant schedule or Collective Agreement, exclusive of overtime and is prorated for half-time employees.

Basic Salary for plan 2 members, means salaries or wages earned by a member during a payroll period for personal services, including overtime payments, and shall include wages and salaries deferred under provisions established pursuant to sections 403(b), 414(h), and 457 of the United States Internal Revenue Code, but shall exclude lump sum payments for deferred annual sick leave, unused accumulated vacation, unused accumulated annual leave, or any form of severance pay. In any year in which a member serves in the legislature the member shall have the option of having such member's basic salary be the greater of:

Basic Salary has the meaning attributed to such term in section 5.1;

Basic Salary means the annual notch that an official is employed on divided by 12. It excludes additional remuneration from overtime or other allowances;

Basic Salary means the basic monthly salary, including

Basic Salary means the annual basic amount paid to an individual in a band. This does not include any fixed bonuses or other cash benefits;

Basic Salary means the basic monthly salary, including longevity pay, attached to the rank held by the retired firefighter at the date of his or her retirement, without regard to extra compensation which such firefighter may have received for special duties assignments not acquired through civil service examination: PROVIDED, That such basic salary shall not be deemed to exceed the salary of a battalion chief.