Salary definition

Salary as defined in Section 3.1(a).

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Salary means the Executive’s annual base salary as in effect immediately prior to the Executive’s Qualifying Termination (or if the termination is due to a resignation for Good Reason based on a material reduction in base salary, then the Executive’s annual base salary in effect immediately prior to the reduction) or, if the Executive’s Qualifying Termination is a Qualifying CIC Termination and the amount is greater, at the level in effect immediately prior to the Change in Control.

Salary means the salary or rate of pay prescribed for the employee's classification by clause 3, Salaries, Part B of this Award, and any other payment that can be salary packaged in accordance with Australian taxation law.

Examples of Salary in a sentence

The Base Salary will be paid in equal semi-monthly amounts (each being 1/24th of the Base Salary) in arrears at the end of each period.
The Employer will pay to the Executive the Base Salary, less all required deductions (such as statutory deductions and benefit deductions).
In addition to the Base Salary, the Executive may be eligible for grants of equity awards (the “Equity Awards”), subject to approval by the Board and/or Compensation Committee, and such vesting and other terms and conditions of the Company equity plan under which the applicable Equity Awards are granted and an award agreement to be provided by the Company and entered into with Executive with respect to each Equity Award..
This review shall not result in a decrease of the Base Salary nor shall it necessarily result in an increase in the Base Salary and any increase shall be in the discretion of the Compensation Committee.
The compensation committee (the “Compensation Committee”) established by the Board shall review the Base Salary annually.

More Definitions of Salary

Salary means a state employee's monthly salary or wages.

Salary shall have the meaning set forth in Section 3.1(a).

Salary means Executive’s annual base salary as in effect immediately before the termination of Executive’s employment or, if higher, the base salary in effect immediately before the first event or circumstance constituting Good Reason.

Salary means, without duplication of any amounts counted as Benefits, a predetermined regular payment, typically paid on a weekly or less frequent basis but which may be expressed as an hourly, weekly, annual or other rate, as well as cost-of-living differentials, vacation time, paid time off, sick leave, and overtime pay, paid by the Recipient to its Employees, but excluding any Federal, state, or local payroll taxes paid by the Recipient.

Salary has the meaning given to such term in Section 2.4(a) hereof.

Salary means the annual salary provided for in Section 3 below, as adjusted from time to time.

Salary means the basic compensation of an employee plus, with respect to an employee serving as chief of mission, officer temporarily in charge of the operations of an agency at a post, or in some other similar capacity, any additional compensation that he/she may be authorized to receive while serving in such capacity, but exclusive of all allowances, differentials or other additional compensation.