Base Salary Rate definition

Base Salary Rate means an employee's base salary as contained in Part III of this Award exclusive of all allowances.

Base Salary Rate means the greater of (1) the Participant’s monthly base salary rate in effect immediately prior to the Participant’s Termination Upon a Change in Control or (2) the Participant’s monthly base salary rate in effect immediately prior to the applicable Change in Control. For this purpose, base salary does not include any bonuses, commissions, fringe benefits, car allowances, other irregular payments or any other compensation except base salary.

Base Salary Rate means, as applicable, either:

Examples of Base Salary Rate in a sentence

• The term "Annual Base Salary Rate," as used herein, shall be defined as an amount equivalent to the employee's biweekly base salary, as his/her biweekly base salary is defined and determined under the BASE SALARY provision of this Agreement, divided by fourteen (14) and then multiplied by three hundred and sixty-five (365).

• The term, "Annual Base Salary Rate," as used herein, shall be defined as an amount equivalent to the employee's biweekly base salary, as his/her biweekly base salary is defined and determined under the BASE SALARY Article of this Agreement, divided by fourteen (14) and then multiplied by three hundred and sixty-five (365).

• The term, "Annual Base Salary Rate," as used herein, shall be defined as an amount equivalent to the employee' s biweekly base salary, as his/her biweekly base salary is defined and determined under the BASE SALARY provision of this Agreement, divided by fourteen (14) and then multiplied by three hundred and sixty-five (365).

• The term, "annual Base Salary Rate," as used herein, shall be defined as an amount equivalent to the employee's biweekly base salary, as his/her biweekly base salary is defined and determined under the BASE SALARY provision of this Agreement, multiplied by 26.07143.

• The term, "Annual Base Salary Rate," as used herein, shall be defined as an amount equivalent to the employee's biweekly base salary, as his biweekly base salary is defined and determined under the BASE SALARY provision of this Agreement, divided by fourteen (14) and then multiplied by three hundred and sixty- five (365).

More Definitions of Base Salary Rate

Base Salary Rate means an Employee’s annual base rate of pay from the Company.

Base Salary Rate means Executive’s base salary rate as in effect immediately prior to the date of Executive’s termination of employment (provided, if Executive resigns as a result of Section 6(g)(ii), “Base Salary Rate” shall mean Executive’s base salary rate as in effect immediately prior to the reduction triggering Section 6(g)(ii)).

Base Salary Rate means Executive’s base salary rate as in effect immediately prior to the reduction triggering Section 6(g)(ii)).

Base Salary Rate means the Participant's annual base salary in effect as of December 31 of each Plan Year.

Base Salary Rate means the Participant’s annual base salary rate in effect immediately prior to the Participant’s Termination upon a Change in Control, without giving effect to any reduction in the Participant’s base salary rate which constitutes Good Reason. For this purpose, base salary does not include any bonuses, commissions, fringe benefits, car allowances, other irregular payments or any other compensation except base salary.

Base Salary Rate means the Participant’s annual base salary rate in effect immediately prior to the Participant’s Termination of Employment.

Base Salary Rate means an employee's base salary as contained in Part III of this Award exclusive of all allowances. ‘Ordinary Hours of Work’ means the ordinary hours of work for a full time employee are 38 hours per week.