Normal monthly salary definition

Normal monthly salary means the salary which the Executive is being paid by the Company per month as of the commencement date of the period of disability, as specified hereinabove or as determined by the Board of Directors pursuant to the terms hereof.

Examples of Normal monthly salary in a sentence

  • Normal monthly salary " shall mean the salary which the Executive is being paid by the Company per month as of the commencement date of the period of disability, as specified hereinabove or as determined by the Board of Directors of the Company pursuant to the terms hereof .