Total Cash Compensation definition
Examples of Total Cash Compensation in a sentence
For purposes of determining severance pursuant to this Section 5(e)(i), the Total Cash Compensation shall be calculated based on the Executive’s current Base Salary as of the effective date of his termination, and the full Target Annual Bonus for the relevant year.
The annual benefit under this Section 2.3 is seventy percent (70%) of the Final Total Cash Compensation.
The annual benefit under this Section 2.4 is seventy percent (70%) of the Final Total Cash Compensation.
The annual benefit under this Section 3.1 is seventy percent (70%) of the Final Total Cash Compensation.
The benefit under this Section 2.5 shall equal the lump sum present value as of the date of payment, determined based on the Applicable PBGC Rate for the month of payment, of a hypothetical annual benefit of seventy percent (70%) of the Final Total Cash Compensation that would be payable in twelve (12) equal monthly installments commencing on the first day of the month following the Change in Control, and continuing on the first of each month thereafter for a total period of twenty (20) years.