Regular Base Salary definition

Regular Base Salary means the annual scheduled base salary, excluding, without limitation, stock option income, severance pay, and income included in pay due to fringe benefits.

Examples of Regular Base Salary in a sentence

  • A separate election for Regular Base Salary, Bonus Compensation, Multi-Year Incentive Compensation and Director Fees must be made.

  • Subject to Section 3.1(b), Employee Participants may elect to defer up to (i) 60% of their Regular Base Salary, (ii) 85% of their Bonus Compensation, and (iii) for Multi-Year Incentive Compensation for which the first year of the performance period begins on or after January 1, 2013, 85% of their Multi-Year Incentive Compensation.

  • Employee Participants may elect to defer up to 100% of their Regular Base Salary in excess of the 401(a)(17) Limit in effect for the year of payment.

  • The Executive shall be entitled to participate in such cash bonus plans and with such terms and conditions as may be determined by the Board of Directors from time to time (the “Bonus”), in each case with a target Bonus to be set at 80% of the Regular Base Salary payable and in each case payable within two and one-half months following the end of each fiscal year as to which the Bonus relates (or such later time as is allowed in accordance with Treasury Regulation 1.409A-3(d)).

  • Employee Participants may also elect to defer up to 100% of their Bonus Compensation to the extent that Bonus Compensation plus non-deferred Regular Base Salary is in excess of the 401(a)(17) Limit in effect for the year in which such bonus is earned, instead of for the year of payment.

  • So long as this Agreement is in effect, the Regular Base Salary shall be subject to annual review, but shall not be reduced below $340,000.

  • So long as this Agreement is in effect, the Regular Base Salary shall be subject to annual review, but shall not be reduced below $304,500.

  • The Executive shall be entitled to participate in such cash bonus plans and with such terms and conditions as may be determined by the Board of Directors from time to time (the “Bonus”), in each case with a target Bonus to be set at 50% of the Regular Base Salary payable and in each case payable within two and one-half months following the end of each fiscal year as to which the Bonus relates (or such later time as is allowed in accordance with Treasury Regulation 1.409A-3(d)).

  • A separate election for Regular Base Salary, Bonus Compensation and Director Fees must be made.

  • For 2010, the Executive shall be entitled to participate in AACC’s 2010 Annual Incentive Compensation Plan for Management (the “Management Bonus Plan”), with the target Bonus set at 80% of the Regular Base Salary and with the Personal Objectives to be jointly developed by the Executive and the President of AACC and with any Bonus payable pursuant thereto to be prorated for the calendar year 2010 based upon the Executive’s start date of May 17, 2010.

Related to Regular Base Salary

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

  • Annual Salary means the salary given under this Part.

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • Salary as defined in Section 3.1(a).

  • Annual Compensation means an amount equal to the greater of:

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).