Annual Base Pay
Annual Base Pay. Means an amount equal to the greatest of (i) your annual fixed or base compensation as in effect immediately prior to a Change in Control, (ii) your annual fixed or base compensation as in effect immediately prior to commencement by Emulex or the Company of substantive discussions with any third party that results in a Change in Control in which such third party has a significant involvement within one year after commencement of such discussions, and (iii) your annual fixed or base compensation...
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Found in
EMULEX CORP contract
Annual Base Pay. An amount equal to fifty-two (52) weeks of Base Pay.
Found in
Lockheed Martin Corp. contract
Annual Base Pay. The annual base salary of an Eligible Employee at the time of the Eligible Employee's Termination of Employment, excluding management incentive compensation, overtime, or any other additions to salary.
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Found in
Lockheed Martin Corp. contract