Ending Compensation definition
Ending Compensation means the annual rate of Compensation from the Company in effect for the Participant at the time in question, provided that commissions, bonuses, premiums and incentives shall be determined by reference to such items paid in the last full Plan Year completed at the time in question.
Ending Compensation means Executive's Annual Base Salary (excluding Incentive Compensation, stock option grants and bonuses, if any) in effect immediately prior to the date of termination of Executive's employment with the Company.
Ending Compensation means the annual rate of Compensation from the Company in
Examples of Ending Compensation in a sentence
In the event (i) the Company terminates ---------------------- Executive's employment hereunder other than for Cause or Disability or (ii) Executive resigns for Good Reason or following a Change of Control in accordance with Section 9 hereof, then Executive shall be entitled, subject to Section 14 hereof, to receive from the Company severance compensation in an amount equal to 100% of Executive's Ending Compensation (less appropriate payroll deductions, if any).