Base Salary definition

Base Salary shall have the meaning set forth in Section 3(a) hereof.

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Base Salary means the salary of record paid to the Executive as annual salary, excluding amounts received under incentive or other bonus plans, whether or not deferred.

Base Salary means the salary provided for in Section 4(a) hereof.

Examples of Base Salary in a sentence

Notwithstanding anything to the contrary in the foregoing, the Base Salary may be reduced, on a proportionate basis, in connection with an across-the-board base salary reduction applicable to all senior executives of the Company.
The Company may, in its sole discretion, increase (but not decrease) the Executive’s rate of Base Salary.
In the event of such resignation, the Company may accelerate the date of the Executive’s termination without such acceleration constituting a termination by the Company hereunder, provided, that, the Company pays to the Executive, as part of the Final Compensation (as defined below), the amount of Base Salary the Executive would have received for the balance of such notice period had the Company not accelerated the date of the Executive’s termination.
The Executive’s target Annual Bonus will be 40% of the Base Salary (the “Target Bonus”), with the actual amount of any such Annual Bonus to be reasonably determined by the Compensation Committee in accordance with the Bonus Plan, based on the Executive’s performance and the Company’s performance against goals reasonably established by the Compensation Committee for the relevant fiscal year.
The Compensation Committee of the Board (the “Compensation Committee”) will review the Executive’s rate of Base Salary on an annual basis and may, in its sole discretion, increase (but not decrease) the rate then in effect.

More Definitions of Base Salary

Base Salary means the salary provided for in Section 4 or any increased salary granted to the Executive pursuant to Section 4.

Base Salary has the meaning set forth in Section 4.01.

Base Salary shall have the meaning stated in Section 5.1 hereof.

Base Salary means Executive's annual rate of base salary in effect on the date in question.

Base Salary means Executive’s annual base salary in effect immediately prior to Executive’s termination, excluding any reduction which forms the basis for Executive’s right to resign for Good Reason.

Base Salary means the Executive's base salary in accordance with Section 4 below.

Base Salary means the greater of (a) if applicable, the monthly salary of the Executive in effect immediately prior to the Change of Control, or (b) the monthly salary of the Executive in effect immediately prior to the Termination Date.