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

• For the 2026 fiscal year, Employee will be eligible to receive a long-term incentive award equal to 125% of Base Salary pursuant to and subject to the terms in the Company’s 2018 Equity Incentive Plan, as amended, or any additional or successor equity incentive plan (collectively, the “Equity Incentive Plan”).

• If Employee’s employment is terminated under Section 4.6, the Company shall pay to Employee (or his estate) in a lump sum Employee’s Base Salary through the date of termination.

• If Employee’s employment is terminated during the Term under Sections 4.2 or 4.4, the Company shall pay to Employee in a lump sum Employee’s Base Salary through the date of termination.

• The Base Salary shall be paid in accordance with the regular payroll practices of the Company with respect to executive officers of the Company, subject to applicable withholdings and deductions.

• In the event of any termination of Executive’s employment pursuant to Section 2(c) or Section 2(e) above, the Company will pay Executive, in addition to Final Compensation, an amount equal to the Base Salary (the “Severance Payments”).

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, for any period, the amount described in Section 3(a).