Annual Base Salary definition

Annual Base Salary shall have the meaning set forth in Section 3(a).
Annual Base Salary shall refer to the Annual Base Salary as so increased.
Annual Base Salary shall have the meaning set forth in Section 5.

Examples of Annual Base Salary in a sentence

  • Your performance will be evaluated at least annually and any increase to the level of your Annual Base Salary will be determined as part of the regular annual review process.

  • If the Executive's employment shall be terminated by the Company for Cause or by the Executive other than for Good Reason (and other than by reason of her death or disability) during the Employment Period, this Agreement shall terminate without further obligations to the Executive other than the obligation to pay to the Executive Annual Base Salary through the Date of Termination.

  • During the Employment Period, the Annual Base Salary shall be reviewed at least annually and shall be increased at any time and from time to time as shall be substantially consistent with increases in base salary awarded in the ordinary course of business to other peer executives of the Company and its affiliated companies.

  • Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement.

  • Annual Base Salary shall not be reduced after any such increase and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased.


More Definitions of Annual Base Salary

Annual Base Salary means the greater of (a) the highest annual rate of base salary in effect for Executive during the 12-month period immediately prior to a Change of Control, or (b) the annual rate of base salary in effect on the date Executive’s employment is terminated.
Annual Base Salary as used in this Agreement shall refer to the Annual Base Salary as it may be so increased.
Annual Base Salary means the Executive’s annual base salary from the Company.
Annual Base Salary means, as of a specified date, Executive’s annual base salary as of such date determined pursuant to Section 4.1.
Annual Base Salary means the annual base salary of the Executive in effect as of the date of his date of Termination of Employment, without regard to any salary reduction under any plan maintained by the Company under Code Sections 125 or 401(k), or any nonqualified deferred compensation plan maintained by the Company.
Annual Base Salary means the Executive’s rate of regular base annual compensation prior to any reduction under (i) a salary reduction agreement pursuant to Section 401(k) or Section 125 of the Code or (ii) any plan or arrangement deferring any base salary.
Annual Base Salary means the salary of Employee in effect at the relevant time determined in accordance with Section 4(a) hereof.