Base Pay definition

Base Pay means Executive’s annual base salary rate as in effect from time to time.

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Base Pay means the Executive’s annual base salary from the Company at the rate in effect immediately prior to a Change in Control or at the time Notice of Termination is given, whichever is greater. Base Pay includes only regular cash salary (plus the amount of any automobile allowance paid to the Executive or any automobile lease payments made by the Company on behalf of the Executive) and is determined before any reduction for deferrals pursuant to any nonqualified deferred compensation plan or arrangement, qualified cash or deferred arrangement or cafeteria plan.

Base Pay means the greater of (i) the Executive's annual base salary rate, exclusive of bonuses, commissions and other Incentive Pay, as in effect immediately preceding the Executive's Termination Date, or (ii) the Executive's annual base salary rate, exclusive of bonuses, commissions and other Incentive Pay, as in effect immediately prior to the Change in Control.

Examples of Base Pay in a sentence

• Section 1.1. The Employer’s Base Pay Schedule for: 2022 will include a 3.00% increase, 2023 will include a 3.00% increase, and 2024 will include a 3.00% increase.

• Section 1.1. The Base Pay Schedule for 2021 will include a 2.25% increase.

• Section 1.1. Bargaining Unit Employees as of December 31, 2017 will be paid a base wage in 2018, effective January 1, 2018, that is the base wage of the step in the pay grade for their position in the City of ▇▇▇▇▇▇▇▇ Base Pay Schedule for January 1, 2018 through December 31, 2018 before such schedule was adjusted by 2.5% that is closest to, but not lower than, their base wage as of December 31, 2017.

• The Base Pay Schedule for 2019 will include a 2.5% increase and an increase of 3.00% for 2020.

• Section 1.1. The Base Pay Schedule for 2025 will include a 6.00% increase, an increase of 6.00% for 2026, and an increase of 6.00% for 2027.

More Definitions of Base Pay

Base Pay means the compensation paid by the Town of Southborough for the purposes of determining retirement credits and contributions for Town employees.

Base Pay means the Executive's annual aggregate fixed base salary from the Company at the time in question.

Base Pay means the employee’s rate of pay exclusive of extra pay such as lead worker pay, pay for shift differential, pay for special assignment, on-call pay, call back pay, or any other incentive premium pay.

Base Pay means the employee's hourly rate and any supplemental pay authorized by the Article. Base pay shall not include any overtime, per diem, shift differential, payment in kind, premium pay, one-time lump sum payments, or any other allowance for expenses authorized and incurred as an incident to employment. For purposes of these rules, "pay" means base pay.

Base Pay means the Executive’s annual base salary rate as in effect at the time a determination is required to be made under Section 4.

Base Pay means the Executive’s annual base salary rate as in effect from time to time.

Base Pay means regular straight time earnings, plus review cycle bonuses and overtime payments, payments for incentive compensation, and other special payments except to the extent that any such item is specifically excluded by the Board of Directors of the Company (the "Board").