Base Salary definition

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

Base Salary has the meaning set forth in Section 4.01.

Base Salary means the salary provided for in Section 4 or any increased salary granted to the Executive pursuant to Section 4.

Examples of Base Salary in a sentence

• The Base Salary may be increased from time to time solely at the discretion of the Board of Directors of the Company (the “Board”) (or committee thereof).

• The Company will pay you the annual base salary set out in the Item "Base Salary" of the Summary of Key Employment Details, less applicable tax, based on your current classification under the Modern Award.

• In addition to the Base Salary, Executive will participate in the Company’s Annual Incentive Plan and Equity Incentive Plan, and any successor incentive compensation plans, and be eligible for incentive compensation, to be paid in compliance with the terms and conditions of applicable incentive compensation plans (the “Incentive Compensation”).

• In addition to the Base Salary, Executive shall be eligible to receive bonus compensation in such amounts and at such times as the Board (or committee thereof) shall from time to time determine and which shall not exceed $500,000 annually (based upon an annual period commencing June 1 in the applicable year and ending May 31 in the following year) (the “Bonus Compensation”).

• Upon termination of Executive’s employment for any reason, Executive will receive payments for all Base Salary and benefits accrued and payable as of Executive’s Termination Date, which shall be paid in accordance with applicable law.

More Definitions of Base Salary

Base Salary means the salary of record paid to the Executive as annual salary, excluding amounts received under incentive or other bonus plans, whether or not deferred.

Base Salary shall have the meaning stated in Section 5.1 hereof.

Base Salary means Executive's annual rate of base salary in effect on the date in question.

Base Salary means Executive’s annual base salary in effect immediately prior to Executive’s termination (disregarding any reduction in base salary that would give rise to Executive’s right to a Constructive Termination).

Base Salary has the meaning given to that term in Section 3(a).

Base Salary means the annual salary to be paid to the Executive as set forth in Section 4(a) of this Agreement.

Base Salary as defined in Section 2.1;