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
Executive’s Annual Base Salary shall be reviewed annually in connection with Executive’s annual performance review.
During the Term, the Annual Base Salary shall be reviewed by the Board or a committee thereof at such time as the salaries of other senior executives of the Company are reviewed generally.
It is currently intended that the Board will set the Executive’s target Annual Bonus at 50%of the Executive’s Annual Base Salary.
Executive’s “target” annual incentive opportunity during the Term shall not be less than 175% of his Annual Base Salary, but may thereafter be increased by the Board or a committee thereof for subsequent fiscal years (the “Target AIP”).
Any adjusted salary then shall become Executive’s Annual Base Salary.
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 Executive’s annual base salary at the rate in effect immediately prior to a Qualifying Termination.
Annual Base Salary means the Executive's gross annual salary before any deductions, exclusions or any deferrals or contributions under any Company plan or program, but excluding bonuses, incentive compensation, employee benefits or any other non-salary form of compensation (determined without regard to any reduction in Annual Base Salary that results in "Good Reason" termination).
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.