Current Annual Compensation means the greater of:
Current Annual Compensation means the total of your Basic Salary in effect at the Termination Date, plus the average annual performance bonus actually received by you over the last three years fiscal years (or if you have been employed for a shorter period of time over such period during which you performed services for the Company), and shall not include the value of any stock options granted or exercised, restricted stock awards granted or vested, contributions to 401(k) or other qualified plans, medical, dental, or other insurance benefits, or other fringe benefits.
Current Annual Compensation as defined in this Section 9(e)(i) (the "Salary Termination Benefit"). "Current Annual Compensation" shall mean the total of your Basic Salary in effect at the Termination Date, plus the average annual performance bonus actually received by you over the last three years fiscal years (or if you have been employed for a shorter period of time over such period during which you performed services for the Company), and shall not include the value of any stock options granted or exercised, restricted stock awards granted or vested, contributions to 401(k) or other qualified plans, medical, dental, or other insurance benefits, or other fringe benefits.
Examples of Current Annual Compensation in a sentence
The following are the principal elements of our executive compensation program: Current Annual Compensation Base SalaryAnnual Incentive Award (Bonus) Equity-Based CompensationStock Options Incentive Performance UnitsRestricted StockPost-Employment CompensationPension Plans Savings PlansChange in Control Benefits The different types of compensation play different roles within the overall executive pay structure.
More Definitions of Current Annual Compensation
Current Annual Compensation means the total of Executive's Basic Salary in effect at the Termination Date, plus any performance bonuses received by Executive in the prior twelve months, and shall not include the value of any stock options granted or exercised, contributions to 401(k) or other qualified plans, medical, dental, or other insurance benefits, or other fringe benefits. The Salary Termination Benefit shall be paid to the Executive in 24 equal consecutive monthly payments commencing on the first day of the month after termination of employment following a Change in Control.
Current Annual Compensation as defined in this Section 6(e)(i) ("Salary Termination Benefit"). For this purpose "Current Annual Compensation" shall mean the total of Executive's Basic Salary in effect at the Termination Date, plus any performance bonuses received by Executive in the prior twelve months, and shall not include the value of any stock options granted or exercised, contributions to 401(k) or other qualified plans, medical, dental, or other insurance benefits, or other fringe benefits. The Salary Termination Benefit shall be paid to the Executive in 24 equal consecutive monthly payments commencing on the first day of the month after termination of employment following a Change in Control.
Current Annual Compensation means, with respect to a Person, such Person’s annual compensation including per diem compensation and other special compensation.
Current Annual Compensation as defined in this Section 6(e)(i) ("Salary Termination Benefit"). For this purpose "Current Annual Compensation" shall mean the total of Executive's Basic Salary in effect at the Termination Date, plus any performance bonuses received by Executive in
Current Annual Compensation means the total of Executive's Basic Salary in effect at the Termination Date, plus any performance bonuses received by Executive in
Current Annual Compensation means, with respect to a Person, such Person’s annual compensation including per diem compensation andother special compensation.
Current Annual Compensation means the sum of Xxxxxxxxx’x annual Base Salary for the fiscal year in which termination occurs, plus Seventy-Five percent (75%) of the Incentive Target established for Xxxxxxxxx in the fiscal year in which termination occurs. This definition covers amounts includible in compensation prior to any cash or deferred arrangements.