Annual Base Salary
Annual Base Salary. The Executive's annual base rate of compensation in effect as of the Date of Termination (herein defined), but in no event less than the greater of: (A) the Executive's annual base rate of $334,400 which is the base salary to be paid to Executive by the Companies on the Effective Date; or (B) the Executive's annual base rate of compensation in effect as of the end of the last calendar quarter preceding the Date of Termination.
Annual Base Salary. The Participant's annual rate of base salary in effect as of the Date of Termination, and if the Date of Termination occurs during a Change in Control Protection Period, prior to any reduction that would qualify as a Good Reason termination event.
Found in
Ashland Inc. contract
Annual Base Salary. For any Participant an amount equal to the rate of annual base salary in effect or approved by the Committee or other authorized person at the time or immediately before performance goals are established for a Performance Period, including any base salary that otherwise would be payable to the Participant during the Performance Period but for his or her election to defer receipt thereof.
Found in
Pulte Homes Inc. contract
Annual Base Salary. The highest rate of annual base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and its affiliated companies in respect of the 12-month period immediately preceding the month in which the Change in Control occurs.
Found in
Incyte contract
Annual Base Salary. Shall mean an Employee's stated annual compensation without regard to any bonus, perquisite or other benefits
Found in
Humana Inc. contract
Annual Base Salary. The Executive's rate of regular base annual compensation prior to any reduction under (i) a salary reduction agreement pursuant to Section 401(k) or Section 125 of the Code or (ii) any other plan or arrangement deferring any base salary, and shall not include (without limitation) cost of living allowances, fees, retainers, reimbursements, bonuses, incentive awards, prizes or similar payments.
Found in
Church & Dwight contract
Annual Base Salary. The annual base salary approved by the Committee with respect to the executive at the time the performance goals are established by the Committee, as described in Section 5(b) hereof without reduction for any amounts withheld pursuant to participation in a “cafeteria plan” under Section 125 of the Code, a cash or deferred arrangement under Section 401(k) of the Code or a qualified transportation arrangement under Section 132(f) of the Code. Notwithstanding the foregoing in the event of an...
View More
Found in
FOOT LOCKER, INC. contract
Annual Base Salary. Twelve times the greater of (i) the highest monthly base salary paid or payable (including any base salary which has been earned but deferred) to Executive by the Company and its affiliates (as defined in section 1504 of the Code without regard to subsection (b) thereof), together with any and all salary reduction authorized amounts under any of the Company's benefit plans or programs, or (ii) the monthly base salary paid or payable to Executive by the Company (including authorized deferrals,...
View More
Found in
CEPHALON INC contract
Annual Base Salary. Executive's annualized base salary as established and adjusted in accordance with this Agreement from time to time.
Found in
CAPELLA EDUCATION CO contract
Annual Base Salary. Shall have the meaning specified in the Employment Agreement.
All Definitions