Current Annual Compensation definition

Current Annual Compensation means the greater of:

Current Annual Compensation means the total of your Basic Salary in effect at the Termination Date, plus the average annual performance bonus actually received by you over the last three years fiscal years (or if you have been employed for a shorter period of time over such period during which you performed services for the Company), and shall not include the value of any stock options granted or exercised, restricted stock awards granted or vested, contributions to 401(k) or other qualified plans, medical, dental, or other insurance benefits, or other fringe benefits.

Current Annual Compensation as defined in this Section 9(e)(i) (the "Salary Termination Benefit"). "Current Annual Compensation" shall mean the total of your Basic Salary in effect at the Termination Date, plus the average annual performance bonus actually received by you over the last three years fiscal years (or if you have been employed for a shorter period of time over such period during which you performed services for the Company), and shall not include the value of any stock options granted or exercised, restricted stock awards granted or vested, contributions to 401(k) or other qualified plans, medical, dental, or other insurance benefits, or other fringe benefits.

Examples of Current Annual Compensation in a sentence

• Current Annual Compensation Current Annual Compensation: * Cash Stippend: * 99368 Yes No Your worshipping community provides your housing in the form of a cash stipend as compared to a specific place to live, such as a rectory.

• Number of Other per Month Worship Services 1 Current Annual Compensation Cash Stipend Housing / Rectory Detail Utilities SECA reimbursement Compensation Available for New Position $180000 Housing Available for Pension Plan We're in compliance with CPF requirements.

• The Company has provided Parent with a true, complete and correct list of the Current Annual Compensation of, and a description of the fringe benefits (other than those generally available to employees of the Company and the Subsidiaries) provided by the Company and the Subsidiaries to, any employee or commission salesperson of the Company or any Subsidiary as of December 31, 2005.

• The following are the principal elements of our executive compensation program: Current Annual Compensation Base SalaryAnnual Incentive Award (Bonus) Equity-Based CompensationStock Options Incentive Performance UnitsRestricted StockPost-Employment CompensationPension Plans Savings PlansChange in Control Benefits The different types of compensation play different roles within the overall executive pay structure.

• Upon a termination of the Employee's employment under the circumstances described in this Section 6, the Employee will receive a Change in Control Benefit equal to three (3) times the Employee's Current Annual Compensation as defined in this Section 6(b)(i) as of the date of the Change in Control.

More Definitions of Current Annual Compensation

Current Annual Compensation means the total of Executive's Basic Salary in effect at the Termination Date, plus any performance bonuses received by Executive in the prior twelve months, and shall not include the value of any stock options granted or exercised, contributions to 401(k) or other qualified plans, medical, dental, or other insurance benefits, or other fringe benefits. The Salary Termination Benefit shall be paid to the Executive in 24 equal consecutive monthly payments commencing on the first day of the month after termination of employment following a Change in Control.

Current Annual Compensation means, with respect to a Person, such Person’s annual compensation including per diem compensation and other special compensation.

Current Annual Compensation as defined in this Section 6(e)(i) ("Salary Termination Benefit"). For this purpose "Current Annual Compensation" shall mean the total of Executive's Basic Salary in effect at the Termination Date, plus any performance bonuses received by Executive in the prior twelve months, and shall not include the value of any stock options granted or exercised, contributions to 401(k) or other qualified plans, medical, dental, or other insurance benefits, or other fringe benefits. The Salary Termination Benefit shall be paid to the Executive in 24 equal consecutive monthly payments commencing on the first day of the month after termination of employment following a Change in Control.

Current Annual Compensation as defined in this Section 6(e)(i) ("Salary Termination Benefit"). For this purpose "Current Annual Compensation" shall mean the total of Executive's Basic Salary in effect at the Termination Date, plus any performance bonuses received by Executive in

Current Annual Compensation means the total of Executive's Basic Salary in effect at the Termination Date, plus any performance bonuses received by Executive in

Current Annual Compensation means the sum of Xxxxxxxxx’x annual Base Salary for the fiscal year in which termination occurs, plus Seventy-Five percent (75%) of the Incentive Target established for Xxxxxxxxx in the fiscal year in which termination occurs. This definition covers amounts includible in compensation prior to any cash or deferred arrangements.

Current Annual Compensation means the same as in A.R.S. § 38-711.