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. Shall mean that amount equal to 12 times the highest monthly 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 twelve-month period immediately preceding the month in which the Effective Date occurs.
Found in
CANNONDALE CORP 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.
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Church & Dwight contract
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.
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Ashland Inc. 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...
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FOOT LOCKER, INC. contract
Annual Base Salary. Shall mean 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...
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CEPHALON INC contract
Annual Base Salary. Means an amount determined by adding the monthly base rate of pay amounts (i.e., the types of such pay that are includable in the computation of Pension Plan benefits)earned over the twelve calendar months immediately preceding the month that includes the date of the computation.
Annual Base Salary. Means the Executive's annual base salary as of the Date of Termination.
Found in
Intermec, 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 plan or arrangement deferring any base salary.
Found in
Volcano Corp contract
Annual Base Salary. The Executive's annual base salary at the rate in effect immediately prior to a Qualifying Termination or, if higher, at the rate in effect immediately prior to a Change in Control.
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