Annual Compensation Amount

Annual Compensation Amount. The Employee's annualized base salary in effect immediately preceding the Employee's termination of employment (disregarding any reduction thereto which constitutes grounds for Good Reason), including all amounts of the Employee's base salary that are deferred under any qualified and non-qualified employee benefit plans of Parent or any other agreement or arrangement, plus the greater of (i) the Employee's target annual bonus opportunity in effect immediately preceding the Employee's... termination (disregarding any reduction thereto which constitutes grounds for Good Reason) or (ii) the average of the actual annual bonuses earned by the Employee over the three-year period immediately preceding the calendar year in which the Employee's employment terminated. View More