Weekly Base Salary definition

Weekly Base Salary means an applicable Participant’s Annual Base Salary divided by 52.
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Weekly Base Salary means a quotient determined by dividing (i) a Participant’s annual base salary in effect on the date of the Change of Control or
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Weekly Base Salary means a Participant’s annual base salary divided by 52.
Sample 1

Examples of Weekly Base Salary in a sentence

  • There are also regular workshops and courses, such as the most recent one, to instruct teachers on how to use the new math methodology, Math in focus.

  • The product of (x) 2.0, multiplied by (y) the Participant’s Years of Service multiplied by (z) the Participant’s Weekly Base Salary; provided, however, the minimum Severance Payment shall be equal to 26 weeks of the Participant’s Weekly Base Salary, and the maximum Severance Payment shall be equal to 52 weeks of the Participant’s Weekly Base Salary.

  • The Weekly Base Salary may not be decreased at any time during the term of Employee’s employment hereunder.

  • ANNUAL BASE SALARY FIGURES: July 1, 2012 – January 27, 2013: Weekly Base Salary $1831 January 28, 2013 – June 30, 2014: Weekly Base Salary $1868 LEVEL RESPONS.

  • An Eligible Employee’s contribution election must specify the whole dollar amount (if any) of the Eligible Employee’s Weekly Base Salary to be contributed to the Trust Fund as Roth Deferral Contributions.

  • Employee’s Weekly Base Salary shall be subject to periodic reviews in accordance with the regular salary review practices of Employer for officers and executives (but not less than at the end of each year of the Term) in light of Employee’s performance of his duties and achievement of goals, but Employee agrees that any increase in Weekly Base Salary shall be in the sole discretion of Employer.

  • The number of weeks for which an Eligible Employee is entitled to receive such Employee’s Weekly Base Salary pursuant to Section 6.2, which number shall be equal to the sum of (i) seventeen (17), plus (ii) the product of (A) three (3), times (B) the number of full consecutive years such Employee has been employed by the Company as of the Date of Termination; provided, that in no event will the Years of Service Calculation exceed fifty-two (52) weeks.

  • A search is reasonable if (1) the school official has reasonable grounds for suspecting that the search will uncover evidence of a rule violation or a criminal violation and (2) the scope of the search is reasonably related to the circumstances justifying the search, such as the extent of the search, the objectives of the search, the age and sex of the student, and the nature of the infraction.

  • Employee may terminate his employment hereunder for Good Reason if Employer fails to pay Employee the Weekly Base Salary or provide the benefits in accordance with the terms of Section 4 herein.

  • In the event of (x) termination by Employer without Cause, or (y) termination by Employee for Good Reason, Employer shall also pay Employee, Employee’s then current Weekly Base Salary, for the remainder of the Term of this Agreement contingent upon Employee’s execution of a separation and release agreement on a form mutually agreed upon by Employer and Employee.


More Definitions of Weekly Base Salary

Weekly Base Salary means the Covered Employee's Base Salary divided by 52.
Sample 1

Related to Weekly Base Salary

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

  • Annual Salary means the salary given under this Part.

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

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Monthly salary means the W-2 reportable compensation received by a member during the month.

  • Salary as defined in Section 3.1(a).

  • Final average salary means whichever of the following is greater:

  • Annual Compensation means the wages paid to the member during covered employment within the meaning of Section 3401(a) of the Internal Revenue Code, but determined without regard to any rules that limit the remuneration included in wages based upon the nature or location of employment or services performed during the plan year plus amounts excluded under Section 414(h)(2) of the Internal Revenue Code and less reimbursements or other expense allowances, cash, or noncash fringe benefits or both, deferred compensation, and welfare benefits. Annual compensation for determining benefits during any determination period may not exceed the maximum compensation allowed as adjusted for cost of living in accordance with §5-10D-7 of this code and Section 401(a)(17) of the Internal Revenue Code.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

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