Annual Cash Compensation

Annual Cash Compensation. With respect to a Change in Control, the sum of (i) the amount of Executive's Base Annual Salary for the year in which the Change in Control occurs and (ii) the target AICP bonus which could be payable to Executive under the AICP for the calendar year in which the Change in Control occurs assuming that the Company and Executive have fully met all performance criteria (financial, personal or otherwise) but not including a multiplier that may be applicable to result in a maximum bonus, and... annualized for the purpose of this calculation; provided, however, that if the target bonus opportunity or the performance criteria for an AICP bonus has not been established for the year of the Change in Control, the AICP amount under this definition shall be calculated using the target bonus opportunity from the immediately preceding calendar year. View More

Annual Cash Compensation. Means the most recent annualized Base Salary paid or payable to Executive plus the average Performance Bonus paid or payable to Executive for the three most recent completed fiscal years of employment. For the purposes of calculating Annual Cash Compensation, Base Salary shall include any elective salary reductions made by Executive and contributed by the Company on Executive's behalf to the Company's retirement plans.

Annual Cash Compensation. The sum of (a) Executive's Annual Salary, plus (b) the amount of all other cash compensation paid by the Company to Executive during the period of 365 consecutive days ending immediately before a day when Executive's Annual Salary is required to be determined for purposes of this Agreement, for services rendered to the Company in all capacities, including salary, bonuses, and other incentive compensation payments, but excluding cash payments pursuant to the exercise of stock options or stock... appreciation rights, all non-cash compensation (whether in the form of fringe benefits, stock options, or insurance premium payments), and all cash contributions by the Company for the account or benefit of executive under any employee retirement or deferred compensation plan. (For example, Executive's Annual Cash Compensation on the date of a Change in Control would consist of Executive's Annual Salary as of that date and all other cash compensation paid by the Company Executive, as described above, during the 365 days immediately preceding the date of the Change in Control.) View More

Annual Cash Compensation. With respect to a Change of Control, means Executive's Base Annual Salary received or receivable by Executive during the year in which the Change of Control occurs, plus the current maximum bonus which could be payable to Executive under the STIP for the calendar year in which the Change of Control occurs calculated on the basis of Executive having fully met all individual performance criteria (financial, personal or otherwise) and annualized for the purpose of this calculation; provided,... however, that if the performance criteria for a STIP bonus has not been established for the year of the Change of Control, the STIP amount under this definition shall be calculated using the performance criteria from the immediately preceding calendar year. View More

Annual Cash Compensation. Annual Cash Compensation

Annual Cash Compensation. Shall, as determined on the Termination Date, be equal to the sum of (i) plus (ii), where "(i)" equals Executive's annualized salary in effect on the date of the earliest Change of Control to occur during the 18-month period prior to the Termination Date, and "(ii)" equals the greater of (A) Executive's annual target bonus for the then-current bonus period and (B) the average annual bonus paid or payable by Employer to Executive for the three-year period (or for the period of Executive's... employment, if Executive has not been employed for all of such three-year period) immediately preceding the date of the Change of Control. View More

Annual Cash Compensation. An amount equal to the sum of: (A) the Executive's annual base salary in effect as of the Date of Termination plus (B) the amount of the annual target bonus opportunity of the Executive, pursuant to the bonus plan described in Section 3(b) below, for the fiscal year of the Company in which the Date of Termination occurs.

Annual Cash Compensation. The term "Annual Cash Compensation" shall mean the sum of (i) the Executive's Annual Base Salary (determined as of the time of the Change in Control of the Company or, if higher, immediately prior to the date the Notice of Termination is given) plus (ii) an amount equal to the greater of the Executive's annual incentive target bonus for the fiscal year in which the Termination Date occurs or the annual incentive bonus the Executive received for the fiscal year prior to the Change in Control of... the Company. View More