Annual Base Salary Amount definition
Examples of Annual Base Salary Amount in a sentence
Any increase in the Annual Base Salary Amount shall not serve to limit or reduce any other obligation to the Executive under this Agreement.
During the Protected Period, the Annual Base Salary Amount shall be reviewed for possible increase at least annually, beginning no more than 12 months after the last such annual review prior to the date of the Change of Control.
The Annual Base Salary Amount shall not be reduced after any such increase and the term “Annual Base Salary Amount” shall refer to Annual Base Salary Amount as so increased.
During the Protected Period, the Annual Base Salary Amount (A) shall be reviewed for possible increase at least annually, beginning no more than 12 months after the last such annual review prior to the date of the Change in Control and (B) may be reduced as part of an overall cost reduction program that affects all senior executives of the Company and Affiliated Companies and does not disproportionately affect the Executive.
During the Protected Period, the Executive shall receive a base salary (the "Base Salary"), the annual amount of which (the "Annual Base Salary Amount") shall be at least equal to 12 times the highest monthly base salary paid or payable, including any base salary that has been earned but deferred, to the Executive by the Company and the Affiliated Companies for the 12-month period immediately preceding the date of the Change of Control.
The Annual Base Salary Amount shall not be reduced after any such increase and the term "Annual Base Salary Amount" shall refer to Annual Base Salary Amount as so increased.
Except as provided for in Section 2(b)(i)(B), the Annual Base Salary Amount shall not be reduced after any such increase and the term “Annual Base Salary Amount” shall refer to Annual Base Salary Amount as so increased or decreased pursuant to this Section 2(b)(i).
During the Protected Period, the ------------ ----------- Executive shall receive a base salary (the "Base Salary"), the annual amount of which (the "Annual Base Salary Amount") shall be at least equal to 12 times the highest monthly base salary paid or payable, including any base salary that has been earned but deferred, to the Executive by the Company and the Affiliated Companies for the 12-month period immediately preceding the date of the Change of Control.
During the Protected ------------ ----------- Period, the Executive shall receive a base salary (the "Base Salary"), the annual amount of which (the "Annual Base Salary Amount") shall be at least equal to 12 times the highest monthly base salary paid or payable, including any base salary that has been earned but deferred, to the Executive by the Company and the Affiliated Companies for the 12-month period immediately preceding the date of the Change of Control.