Base Pay definition

Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

Base Pay means the Executive's annual base salary at a rate not less than the Executive's annual fixed or base compensation as in effect for Executive immediately prior to the occurrence of a Change in Control or such higher rate as may be determined from time to time by the Board or a committee thereof.

Base Pay means Executive’s annual base salary rate as in effect from time to time.

Examples of Base Pay in a sentence

• If Coach terminates this Agreement without cause at any time prior to the end of the Term, including any extension thereof, and accepts employment with any school or any NFL team, then Coach shall pay the University a one-time separation payment (“Coach Separation Payment”) in an amount equal to the amount of remaining Base Pay (as determined under section 2.1) that Coach would have received if he had completed the Term.

• Year Two – Effective 1 January 2024 Levels Base Pay Tertiary Adjustment Note Level 0 Trainee / Apprentice 75,561 None The work at this level is fully managed and only applies to unqualified coders.

• Year One – Effective 1 January 2023 Levels Base Pay Tertiary Adjustment Note Level 0 Trainee / Apprentice 73,360 None The work at this level is fully managed and only applies to unqualified coders.

More Definitions of Base Pay

Base Pay means Executive's annual base salary rate as in effect from time to time.

Base Pay means the Executive's annual aggregate fixed base salary from the Company at the time in question.

Base Pay means the compensation paid by the Town of Southborough for the purposes of determining retirement credits and contributions for Town employees.

Base Pay means the employee’s rate of pay exclusive of extra pay such as lead worker pay, pay for shift differential, pay for special assignment, on-call pay, call back pay, or any other incentive premium pay.

Base Pay means the Executive’s annual base salary rate as in effect at the time a determination is required to be made under Section 4.

Base Pay means Employee’s annual rate of base salary as in effect from time to time.

Base Pay means regular straight time earnings, plus review cycle bonuses and overtime payments, payments for incentive compensation, and other special payments except to the extent that any such item is specifically excluded by the Board of Directors of the Company (the "Board").