Initial Base Salary definition

Initial Base Salary means that term as defined in Section 4.1.
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Initial Base Salary as defined in Section 2.3.
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Initial Base Salary means the annualized amount of a Participant’s base salary which is in effect as of such time that is immediately following the closing of the Transaction and further set forth in such Participant’s Letter Agreement.
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Examples of Initial Base Salary in a sentence

  • Executive shall receive a periodic performance review and consideration for an increase in the Initial Base Salary.

  • The Company (or, at the Company's option, any subsidiary or affiliate thereof) will pay to the Employee an annual base salary of not less than the amount specified as the Initial Base Salary on Annex A, payable semi-monthly.

  • The Company (or, at the Company's option, any subsidiary or affiliate thereof) will pay to the Executive an annual base salary of not less than the amount specified as the Initial Base Salary on Annex A, payable semi-monthly.

  • The Company will pay to the Employee an annual base salary of not less than the amount specified as the Initial Base Salary on Annex A, payable in accordance with the Company's normal payroll policy.

  • The Company (or, at the Company's option, any subsidiary or affiliate thereof) will pay to the Employee an annual base salary of not less than the amount specified as the Initial Base Salary on Annex A, payable bi-weekly.

  • The Company shall pay Executive an initial pre-tax base salary (“Initial Base Salary”) of $100,000 (One Hundred Thousand U.S. Dollars) per annum, less all applicable withholdings, with such Initial Base Salary to be paid in accordance with the Company’s standard payroll practices.

  • Executive's Initial Base Salary shall be reviewed for adjustments at such time as the Board conducts salary reviews for its executive management generally, but not less frequently than annually.

  • Any increase in his Initial Base Salary, once granted, shall automatically amend this Agreement to provide that thereafter Executive’s Base Salary shall not be less than the annual amount of his increased Base Salary.

  • During the Employment Period, Employee's initial base salary shall be the Initial Base Salary set forth in the Schedule of Terms of Employment per annum or such higher rate as the Board may designate from time to time (as so adjusted, the "Base Salary"), which Base Salary shall be payable in regular installments in accordance with the Company's general payroll practices.

  • During the Employment Term, Employee shall receive an annual salary increase equal to the greater of (i) 3% of Employee’s Initial Base Salary or Continuing Base Salary, as the case may be, or (ii) the annual percentage increase cost of living in the city of New York as determined by the Compensation Committee of the Board.


More Definitions of Initial Base Salary

Initial Base Salary means the annual salary to be paid to the hired candidate during the first year of employment with Client and will not include any other type of compensation, including, without limitation, bonuses, equity, or employee benefits. When a Placement Fee is due, the Retainer paid for such active search will be credited against the Placement Fee due.
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Related to Initial Base Salary

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Annual Salary means the salary given under this Part.