Current Monthly Salary definition

Current Monthly Salary means the highest monthly base salary rate that was paid to Executive by the Company in the 12-month period prior to the Termination Date.
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Current Monthly Salary in this context means the fixed, cash monthly salary plus any fixed salary supplements per month.
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Current Monthly Salary means the highest monthly base salary rate that you were paid by the Company in the 12-month period prior to the date of your Separation from Service (the “Look-Back Period”);
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Examples of Current Monthly Salary in a sentence

  • Employees with Current Monthly Salary of: Qualifying Base Contribution Amount Monthly Contribution Required to Maintain Incentive Program Eligibility Employees who discontinue contributions or who contribute less than the required amount per month for a period of one (1) month or more will no longer be eligible for the eighty-five dollar ($85) Deferred Compensation Incentive.

  • To be eligible for this incentive, the employee must contribute to the deferred compensation plan as indicated below: Current Monthly Salary Qualifying Base Cont.

  • Job Title / Department: President & Chief Operating Officer Hire Date: October 16, 1989 Last Working Day: March 31, 2006 Years of Service at Termination: 16.5 Current Annual Salary: $ 299,300.00 Current Monthly Salary: $ 24,941.67 In addition to the payment of normal final pro-rated salary, ▇▇.

  • The Company shall have no liability to Executive under this Agreement other than that the Company shall: (i) pay Executive’s Current Monthly Salary and benefits through the Termination Date, (ii) pay Executive’s cash incentive for any fully completed previous fiscal years if unpaid as of the Termination Date, and (iii) provide for the continuation of Equity Awards as described in Section 5(d).

  • To be eligible for this incentive supplement, eligible employees must first contribute a Base Contribution Amount to the Deferred Compensation Plan as follows: Current Monthly Salary Qualifying Base Contribution Amt.

  • Your then Current Monthly Salary will continue to be paid to you within 10 days after the end of every month for a period of 24 months after your date of termination.