Monthly Amount definition
Monthly Amount shall be an amount equal to one-twelfth of the sum of (a) the Executive’s then current annual base salary (excluding any incentive or bonus), and (b) the amount of any cash bonus awarded to the Executive for the then most recently concluded fiscal year of the Company.
Monthly Amount means an amount equal to
Monthly Amount means (a) $60,500 for the shorter of (i) the first 24 months of the Extension Period or (ii) the Employment Period if less than 24 months because the Company terminates Executive's employment for Cause or Executive terminates his employment without Good Reason; and (b) $51,333 for the remainder of the Extension Period.
Examples of Monthly Amount in a sentence
Any unused Monthly Amount or Plan hours will be forfeited upon termination without cause by Client.
More Definitions of Monthly Amount
Monthly Amount means the following:
Monthly Amount has the meaning set forth in Section 2.1.
Monthly Amount shall be an amount equal to one-twelfth of the sum of (a) the Executive’s then current annual base salary (excluding any incentive or bonus), and (b) the amount of any cash bonus awarded to the Executive for the then most recently concluded fiscal year of the Company, provided that for purposes of this calculation only, the cash bonus shall be deemed to be (1) not less than 75% of the average cash bonus awarded to the Executive for the then most recently concluded fiscal year of the Company and the preceding two fiscal years, and (2) not greater than 125% of the average cash bonus awarded to the Executive for the then most recently concluded fiscal year of the Company and the preceding two fiscal years.
Monthly Amount means the balance at the end of the month in the Bank Account kept under clause 3.1 prior to any amount being deducted for Credit Card Merchant Fees; • Payments means money collected on behalf of an Agency by Our Community for services or products being sold or distributed by or on behalf of an Agency.
Monthly Amount in any of the Loan Documents shall mean the sum of the “Monthly Amount” payable under each of the promissory notes constituting the Notes, as amended by the Third Defeasance Amendments to Notes; and (b) “Principal Amount” in any of the Loan Documents shall mean the sum of the “Principal Amount” outstanding under each of the promissory notes constituting the Notes, as amended by the Third Defeasance Amendments to Notes.
Monthly Amount means an amount equal to the product of:
Monthly Amount means an amount equal to the product of the net receipts received by the department in the month attributable to the state gross receipts tax multiplied by a fraction, the numerator of which is one-eighth percent and the denominator of which is the tax rate imposed by Section 7-9-4 NMSA 1978 in effect on the last day of the previous month;