Annual Compensation. Annual Compensation" means an amount equal to Employee's Company base salary for the twelve months preceding the Change of Control.
Appears in 11 contracts
Samples: Change of Control Severance Agreement (Harmonic Inc), Change of Control Severance Agreement (Harmonic Inc), Change of Control Severance Agreement (Harmonic Inc)
Annual Compensation. “Annual Compensation" ” means an amount equal to Employee's ’s Company base salary for the twelve months preceding the Change of Control.
Appears in 7 contracts
Samples: Change of Control Severance Agreement (Harmonic Inc), Control Severance Agreement (Harmonic Inc), Control Severance Agreement (Harmonic Inc)
Annual Compensation. Annual Compensation" means an amount equal to the sum of Employee's (i) annual Company base salary for at the highest rate in effect in the twelve months immediately preceding the Change of Control, and (ii) 100% of the Employee's annual target bonus as in effect immediately prior to the Change of Control.
Appears in 5 contracts
Samples: Control Severance Agreement (New Era of Networks Inc), Change of Control Agreement (C Ats Software Inc), Control Severance Agreement (Auspex Systems Inc)
Annual Compensation. Annual Compensation" means an amount equal to (i) Employee's Company base salary for the twelve months preceding the Change of Control, and (ii) Employee's maximum target bonus for the year in which the Change of Control occurs.
Appears in 2 contracts
Samples: Change of Control Severance Agreement (Sync Research Inc), Change of Control Severance Agreement (Sync Research Inc)
Annual Compensation. Annual Compensation" means an amount equal to (i) Employee's Company base salary for the twelve months preceding the Change of Control, and (ii) Employee's 100% "On Target" bonus for the year in which the Change of Control occurs.
Appears in 2 contracts
Samples: Control Severance Agreement (Harmonic Lightwaves Inc), Control Severance Agreement (Harmonic Lightwaves Inc)
Annual Compensation. Annual Compensation" means an amount equal to the greater of (i) Employee's Company base salary for the twelve (12) months preceding the Change of ControlControl or (ii) Employee's current Company base salary on an annualized basis.
Appears in 2 contracts
Samples: Control Severance Agreement (E Piphany Inc), Control Severance Agreement (E Piphany Inc)
Annual Compensation. Annual Compensation" means an amount equal to Employee's Company base salary for the twelve months preceding the Change of Control.
Appears in 2 contracts
Samples: Control Severance Agreement (Harmonic Lightwaves Inc), Control Severance Agreement (Harmonic Lightwaves Inc)
Annual Compensation. Annual Compensation" means shall mean an amount equal to Employee's the salary received by Employee from the Company base salary for during the twelve months preceding the Change date of Controltermination, excluding bonuses.
Appears in 1 contract
Samples: Employee Severance Agreement (Hello Direct Inc /De/)
Annual Compensation. “Annual Compensation" ” means an amount equal to twelve times the Employee's ’s salary with the Company base salary for the twelve months last full month preceding the Change of Control.
Appears in 1 contract
