Annual Compensation Value

Example Definitions of "Annual Compensation Value"
Annual Compensation Value. Employee's then-current Base Compensation plus an amount equal to the average of all Bonuses (excluding any compensation attributable to stock options of any type granted by Reynolds) earned by Employee during the three (3) calendar years preceding the date upon which the valuation is made.
Found in REYNOLDS & REYNOLDS CO contract
Annual Compensation Value. Employee's then-current Base Compensation plus an amount equal to the average of all Bonuses (excluding any compensation attributable to stock options of any type granted by Reynolds) Reynolds and any compensation determined by the Board of Directors to be a long-term incentive arrangement) earned by Employee during the three (3) calendar years preceding the date upon which the valuation is made.
Found in REYNOLDS & REYNOLDS CO contract
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