Salary Amount definition

Salary Amount means each individual amount that the Customer requests for each transfer from a Customer's Account to a Receiving Account as a salary, which shall not be more than an amount as may be determined from time to time by the Bank or the Customer.
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Salary Amount means the Executive’s annual base salary from an Employer in effect at the time of payment, including all amounts of base salary that are deferred under any qualified or non-qualified employee benefit plan of an Employer; provided however, if an Employer has reduced the Executive’s annual base salary, the Salary Amount shall be the annual base salary in effect prior to the reduction. For purposes of this Agreement, “Target Annual Incentive Amount” shall mean the target annual bonus of the Executive under the annual incentive plan of the Employer at the time of payment; provided however, that if an Employer has reduced the target annual bonus of the Executive, the Target Annual Incentive Amount shall be the target annual bonus in effect prior to the reduction.”
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Salary Amount means the remuneration paid to the Executive in respect of the fiscal year then ended pursuant to section 3.1. Performance Bonuses, if earned, shall be payable within 60 days of the applicable payment date. Notwithstanding anything else in this section 3.4, the Performance Bonus, if any, payable to the Executive in respect of the fiscal year ending December 31, 1997, shall be pro-rated in accordance with section 2.1 hereof.
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Examples of Salary Amount in a sentence

  • However, in no event will EMPLOYEE’s Base Salary Amount be reduced as a result of any such review.

  • LSU agrees to pay EMPLOYEE the Base Salary Amount annually, in 12 equal monthly installments, on LSU’s regular monthly payroll date.

  • The Base Salary Amount shall be reviewed at the end of each season of Program and may be adjusted at that time by the Athletic Director, subject to recommendation, review, and approval pursuant to LSU personnel policies and LSU Bylaws and Regulations.

  • The Base Salary Amount shall be paid to Executive in accordance with the Company's regular payroll practices with respect to senior management compensation.

  • During each Contract Year of the term hereof, the Company shall pay to Executive the Base Salary Amount.

  • Pursuant to Section 11(C)(2) of the Agreement, if EMPLOYEE terminates Employment during the Term to accept other employment, EMPLOYEE will pay LSU liquidated damages of 15 percent of the Base Salary Amount per year for the remaining term of this Agreement.

  • Marital Status: Married Separated Unmarried Divorced WidowedAre you the owner occupant of the property: Yes NoHow long have you lived at this address: Number of Bedrooms: Employer Name:Employer Address:Length of Employment:Annual Salary Amount: $Hourly Wage Amount: $Monthly Tips Received: $Other Wages (please list source & amount): Including yourself, please list the names, relationship, date of birth, and gross income of everyone living on the property.

  • Stock Awards will be granted only to the extent the Employee has earned the applicable portion of the Additional Base Salary Amount during the relevant pay period.

  • FII will, for the Continuation Period following the Special Termination Date, make monthly payments to the Executive in an amount equal to 1/12th of the sum of the Base Salary Amount plus the average of the annual incentive compensation earned by the Executive, for the two most recent calendar years ending before the date on which the Change of Control occurred.

  • If during the Applicable Period the Employees incurs a Termination of Employment for any reason, including due to his death or permanent disability (as determined by the Company), the Employee shall be entitled to receive a final Stock Award(s) determined in accordance with Section 3 above for any portion of the Additional Base Salary Amount which has accrued for the relevant pay period(s) through the Employee’s date of termination of employment but has not yet been paid.


More Definitions of Salary Amount

Salary Amount means an amount equal to the salary and employee benefits, including any taxes and charges, which CTG or CTGI is liable to pay to, or in respect of the employment by CTG or CTGI of the Key persons for a Month. SPECIFICATIONS means the specifications for the Products set out in Schedule 3. TERM means the term of this Agreement in clause 2.
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Salary Amount means, for a Key Employee with an Existing Employment/Severance Agreement, an amount equal to such Key Employee's annual salary.
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Salary Amount means the Executive's annual base salary from an Employer in effect at the time of payment;, provided however, if an Employer has reduced the Executive's annual base salary, the Salary Amount shall be the annual base salary in effect prior to the reduction. For purposes of this Agreement, "Target Annual Incentive Amount" shall mean the target annual bonus of the Executive under the annual incentive plan of the Employer at the time of payment; provided however, that if an Employer has reduced the target annual bonus of the Executive, the Target Annual Incentive Amount shall be the target annual bonus in effect prior to the reduction."
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Related to Salary Amount

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Annual Compensation means an amount equal to the greater of:

  • Monthly Salary Rate means the amount agreed to by Owner that can be used on Applications for Payment throughout the Construction Phase to account for the monthly salary costs of Contractor’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Contractor’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by Contractor for services performed. The initial Monthly Salary Rate is included in Exhibit “G” attached to this Agreement.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Annual Cash Compensation means the sum of (I) the Employee's highest Base Salary (i.e., one year's salary at its highest rate), plus (II) the "Applicable Average Bonus" as defined in subparagraph 5(a)(i)(B) above.

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Current Annual Compensation means the greater of:

  • Monthly salary means the gross amount paid to a participant making a claim under s. 40.65, at the time he or she becomes disabled within the meaning of s. 40.65 (4), by the employer in whose employ the injury occurred or the disease was contracted. Overtime pay may not be considered part of an employee’s monthly salary unless the employee received it on a regular and dependable basis.

  • Final Average Compensation means the average annual

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Base Earnings means base salary and wages payable by the Company or a Participating Subsidiary to an Eligible Employee, prior to pre-tax deductions for contributions to qualified or non-qualified (under the Code) benefit plans or arrangements, and excluding bonuses, incentives and overtime pay but including commissions.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.

  • Highest Average Compensation means the average compensation for the three consecutive years of service with the employer that produces the highest average.

  • Salary offset means the with- holding of amounts from the current pay account of a Federal employee to satisfy a debt owed by that employee to the United States.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Annualized means (i) with respect to the end of the first Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter multiplied by four, (ii) with respect to the second Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding Fiscal Quarter multiplied by two, and (iii) with respect to the third Fiscal Quarter of the Borrower ending after the Closing Date, the applicable amount for such Fiscal Quarter and the immediately preceding two Fiscal Quarters multiplied by one and one-third.

  • Base Pay means Executive’s annual base salary rate as in effect from time to time.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive’s Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive’s target annual incentive bonus for the year in which the Date of Termination occurs.

  • Eligible Compensation means, with respect to each Participant for each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined by the Committee, “Eligible Compensation” does not include

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.