Cumulative Base Salary definition
Cumulative Base Salary with respect to a quarter means the aggregate of the Participant's base salary earned, while a Participant under the Program, during the period commencing on the first day of the fiscal year of the Company in which such quarter occurs and ending on the last day of such quarter.
Cumulative Base Salary with respect to a quarter shall mean the aggregate of the Participant's base salary earned, while a Participant under the Program,
Cumulative Base Salary means the Participant’s cumulative, aggregated Base Salary earned during the portion of the Plan Term while a Participant in the Plan.
Examples of Cumulative Base Salary in a sentence
The Company shall grant options with an "Aggregate Stock Compensation" equal to not less than fifty percent ("Stock Compensation Percentage") of the cumulative Base Salary during the Employment Period ("Cumulative Base Salary").