Highest Base Salary definition

Highest Base Salary means the Executive’s annual base salary at the highest rate in effect during the five-year period (or such shorter period that the Executive has been employed) prior to the Change in Control, and shall include all amounts of his base salary that are deferred under the qualified and non-qualified employee benefit plans of the Company or any other agreement or arrangement.
Highest Base Salary means the officer’s highest annual rate of base salary during a specified period preceding the date of termination, which is:
Highest Base Salary means the officer’s highest annual rate of base salary during a specified period preceding the date of termination, which is the then current year or any of the three years preceding the date of termination.

Examples of Highest Base Salary in a sentence

  • If the Employee’s employment shall be terminated for Cause, this Agreement shall terminate without further obligations to the Employee other than the obligation to pay to the Employee the Highest Base Salary through the Date of Termination plus the amount of any compensation previously deferred by the Employee (together with accrued interest thereon, if any).

  • If the Executive's employment shall be terminated for Cause, this Agreement shall terminate without further obligations to the Executive other than the obligation to pay to the Executive the Highest Base Salary through the Date of Termination plus the amount of any compensation previously deferred by the Executive (together with accrued interest thereon).

  • If the Executive's employment shall be terminated for Cause, this Agreement shall terminate without further obligations to the Executive (other than the obligation to pay to the Executive the Highest Base Salary through the Date of Termination plus the amount of any accrued vacation pay not yet paid by the Company and any compensation previously deferred by the Executive (together with accrued interest thereon).

  • If the Employee's employment shall be terminated for Cause, this Agreement shall terminate without further obligations to the Employee other than the obligation to pay to the Employee the Highest Base Salary through the Date of Termination plus the amount of any compensation previously deferred by the Employee (together with accrued interest thereon, if any).

  • If the Company terminates the Executive’s employment for Cause, as defined below, the Executive shall be entitled only to Highest Base Salary and benefits accrued as of the effective date of such termination plus the amount of any compensation previously deferred by the Executive (together with accrued interest or other earnings thereon).

  • If, during the Employment Period, the Employee’s employment shall be terminated for Cause, this Agreement shall terminate without further obligations to the Employee other than the obligation to pay to the Employee the Highest Base Salary through the Date of Termination plus the amount of any accrued vacation pay and any compensation previously deferred by the Employee (together with accrued interest thereon).

  • If the Employee's employment shall --------------------------------- be terminated for Cause, this Agreement shall terminate without further obligations to the Employee other than the obligation to pay to the Employee the Highest Base Salary through the Date of Termination plus the amount of any compensation previously deferred by the Employee (together with accrued interest thereon).

  • If the Employee's employment shall be --------------------------------- terminated for Cause, this Agreement shall terminate without further obligations to the Employee other than the obligation to pay to the Employee the Highest Base Salary through the Date of Termination plus the amount of any compensation previously deferred by the Employee (together with accrued interest thereon).

  • If the Employee's employment shall be terminated for Cause, the Company's obligations to the Employee shall terminate other than the obligation to pay to the Employee the Highest Base Salary through the Date of Termination plus the amount of any compensation previously deferred by the Employee (together with accrued interest thereon).

  • For purposes of this Agreement, "Highest Base Salary" shall mean the Executive's annual base salary at the highest rate in effect during the five-year period (or such shorter period that the Executive has been employed) prior to the Change in Control, and shall include all amounts of his base salary that are deferred under the qualified and non-qualified employee benefit plans of the Company or any other agreement or arrangement.


More Definitions of Highest Base Salary

Highest Base Salary means the Executive’s Base Salary as in effect at the time of termination or if Executive’s Base Salary is reduced in a manner that triggers Good Reason, Executive’s Base Salary as in effect on the date immediately preceding such date.
Highest Base Salary means the Executive’s annualized Base Salary in effect immediately prior to (a) a Change in Control, (b) the first event or circumstance constituting a Termination for Good Reason, or (c) the Executive’s Termination Date, whichever is greatest.
Highest Base Salary means Employee’s then-current annual base salary (excluding any bonuses) paid to Employee immediately prior to the Date of Termination.
Highest Base Salary means the Executive’s annualized base salary in effect immediately prior to (a) a Change of Control,
Highest Base Salary means the highest annual base salary (exclusive of all bonuses and fringe benefits) earned by a Participant as an employee of the Employer or its Affiliates (or in the case of a non-employee board member, the highest annual director fees paid to the Participant by the Employer or its Affiliates).