Common use of Base Amount Clause in Contracts

Base Amount. For purposes of this Agreement, "Base Amount" shall mean the Employee's annual Base Salary at the highest rate in effect on, or at any time during the ninety (90) day period prior to, the Termination Date and shall include all amounts of the Employee's Base Salary that are deferred under any qualified and non-qualified employee benefit plans of the Company or any other agreement or arrangement.

Appears in 11 contracts

Samples: Executive Employment Agreement (Verso Technologies Inc), Executive Employment Agreement (Cereus Technology Partners Inc), Executive Employment Agreement (World Access Inc /New/)

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Base Amount. For purposes of this Agreement, "Base Amount" shall mean the greater of the Employee's annual Base Salary base salary (a) at the rate in effect on the Termination Date or (b) at the highest rate in effect on, or at any time during the ninety (90) day period prior toto the Change in Control, the Termination Date and shall include all amounts of the Employee's Base Salary base salary that are deferred under any qualified and non-qualified employee the Employee benefit plans of the Company or any other agreement or arrangement.

Appears in 6 contracts

Samples: Change of Control Agreement (Mti Technology Corp), Change of Control Agreement (Mti Technology Corp), Change of Control Agreement (Mti Technology Corp)

Base Amount. For purposes of this Agreement, "Base Amount" ----------- shall mean the EmployeeExecutive's annual Base Salary at the highest rate in effect on, or at any time during the ninety (90) day period prior to, the Termination Date and shall include all amounts of the EmployeeExecutive's Base Salary that are deferred under any qualified and non-qualified employee Executive benefit plans of the Company or any other agreement or arrangement.

Appears in 4 contracts

Samples: Employment Agreement (Grace Development Inc), Executive Employment Agreement (Grace Development Inc), Executive Employment Agreement (Grace Development Inc)

Base Amount. For purposes of this Agreement, "Base Amount" shall ----------- mean the EmployeeExecutive's annual Base Salary at the highest rate in effect on, or at any time during the ninety (90) day period prior to, the Termination Date and shall include all amounts of the EmployeeExecutive's Base Salary that are deferred under any qualified and non-qualified employee Executive benefit plans of the Company or any other agreement or arrangement.

Appears in 2 contracts

Samples: Executive Employment Agreement (Grace Development Inc), Executive Employment Agreement (Grace Development Inc)

Base Amount. For purposes of this Agreement, "Base Amount" shall mean the Employee's annual Base Salary base salary at the highest rate in effect on, or at any time during the ninety (90) day period prior to, on the Termination Date and shall include Date, including all pre-tax salary reduction contributions or amounts of the Employee's Base Salary base salary that are deferred under any qualified and non-qualified employee benefit or deferred compensation plans of the Company or any other agreement or arrangement.

Appears in 2 contracts

Samples: Executive Severance Agreement (Dow Chemical Co /De/), Executive Severance Agreement (Dow Chemical Co /De/)

Base Amount. For purposes of this Agreement, "Base Amount" shall mean the Employeegreater of the Manager's annual Base Salary base salary (a) at the rate in effect on the Termination Date or (b) at the highest rate in effect on, or at any time during the ninety (90) 90 day period prior toto the Change in Control, the Termination Date and shall include all amounts of the Employee's Base Salary his base salary that are deferred under any the qualified and non-qualified employee benefit plans of the Company or any other agreement or arrangementCompany, if any.

Appears in 2 contracts

Samples: Termination Protection Agreement (Osullivan Industries Holdings Inc), Termination Protection Agreement (Osullivan Industries Holdings Inc)

Base Amount. For purposes of this Agreement, "Base Amount" shall mean the Employee's annual Base Salary at the highest rate in effect on, or at any time during the ninety (90) day period prior to, the Termination Date and shall include all amounts of the Employee's Base Salary that are deferred under any qualified and non-qualified employee benefit plans of the Company or any other agreement or arrangement.

Appears in 1 contract

Samples: Executive Employment Agreement (Verso Technologies Inc)

Base Amount. For purposes of this Agreement, "Base Amount" shall mean ” means «Rate» times the greater of the Employee's ’s annual Base Salary base salary (a) at the rate in effect on the Termination Date or (b) at the highest rate in effect on, or at any time during the ninety (90) day period prior toto the applicable Change of Control, the Termination Date and shall include all amounts of the Employee's Base Salary base salary that are deferred under any qualified and non-qualified the employee benefit plans of the Company or any other agreement or arrangement.

Appears in 1 contract

Samples: Change of Control Agreement (Smart Balance, Inc.)

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Base Amount. For purposes of this Agreement, "Base Amount" shall mean SAMPLE times the greater of Employee's ’s annual Base Salary base salary (a) at the rate in effect on the Termination Date or (b) at the highest rate in effect on, or at any time during the ninety (90) day period prior toto the applicable Change of Control, the Termination Date and shall include all amounts of the Employee's Base Salary base salary that are deferred under any qualified and non-qualified the employee benefit plans of the Company or any other agreement or arrangement.

Appears in 1 contract

Samples: Change of Control Agreement (Smart Balance, Inc.)

Base Amount. For purposes of this Agreement, "Base Amount" shall mean ” means the greater of the Employee's ’s annual Base Salary base salary (i) at the rate in effect immediately prior to the Termination Date or (ii) at the highest rate in effect on, or at any time during the ninety three (903) day year period prior to, to the Termination Date Date, and shall include all amounts of the Employee's Base Salary base salary that are deferred under any qualified and non-qualified the employee benefit plans of the Company or any other agreement or arrangement.

Appears in 1 contract

Samples: Severance Agreement (Smart Balance, Inc.)

Base Amount. For purposes of this Agreement, "Base Amount" shall mean ” means SAMPLE times the greater of the Employee's ’s annual Base Salary base salary (a) at the rate in effect on the Termination Date or (b) at the highest rate in effect on, or at any time during the ninety (90) day period prior toto the applicable Change of Control, the Termination Date and shall include all amounts of the Employee's Base Salary base salary that are deferred under any qualified and non-qualified the employee benefit plans of the Company or any other agreement or arrangement.

Appears in 1 contract

Samples: Change of Control Agreement (Smart Balance, Inc.)

Base Amount. For purposes of this Agreement, "Base Amount" shall mean the greater of the Employee's ’s annual Base Salary base salary (a) at the rate in effect on the Termination Date or (b) at the highest rate in effect on, or at any time during the ninety (90) day period prior toto the applicable Change of Control, the Termination Date and shall include all amounts of the Employee's Base Salary base salary that are deferred under any qualified and non-qualified the employee benefit plans of the Company or any other agreement or arrangement.

Appears in 1 contract

Samples: Change of Control Agreement (Mti Technology Corp)

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