Annual Compensation

Example Definitions of "Annual Compensation"
Annual Compensation. The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of aggregate base salary and cash incentive compensation paid to the Executive by the Employers or any subsidiary thereof during the calendar year in which the Date of Termination occurs (determined on an annualized basis) or either of the two calendar years immediately preceding the calendar year in which the Date of Termination occurs.
Found in TIERONE CORP contract
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Annual Compensation. The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of aggregate base salary and other cash incentive compensation paid to the Executive (including cash compensation deferred at the election of the Executive) by the Employers or any subsidiary thereof (i) during the calendar year in which the Date of Termination occurs (determined on an annualized basis) basis), or (ii) either of the two calendar years immediately preceding the calendar... year in which the Date of Termination occurs. occurs, whichever is greater. View More Arrow
Found in Provident Financial Services, Inc. contract
Annual Compensation. The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of aggregate base salary and cash incentive compensation paid to the Executive by the Employers or any subsidiary thereof during the calendar year in which the Date of Termination occurs (determined on an annualized basis) or either of the two calendar years year immediately preceding the calendar year in which the Date of Termination occurs. occurs, whichever year is higher.
Found in PARKVALE FINANCIAL CORP contract
Annual Compensation. The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of aggregate base salary and cash incentive compensation paid to the Executive by the Employers or any subsidiary thereof during the calendar year in which the Date of Termination occurs (determined on an annualized basis) or either of the two calendar years year immediately preceding the calendar year in which the Date of Termination occurs. occurs, whichever year is higher.
Found in PARKVALE FINANCIAL CORP contract
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Annual Compensation. Means an amount equal to the greater of (i) Employee's Company base salary for the twelve (12) months preceding the Change of Control or (ii) Employee's current Company base salary on an annualized basis.
Found in E PIPHANY INC contract
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Annual Compensation. Means an amount equal to the greater of (i) the Employee's Company base salary for the twelve (12) months preceding the Change of Control or (ii) the Employee's current Company base salary on an annualized basis.
Found in CORILLIAN CORP contract
Annual Compensation. Means an amount equal to the greater of (i) the Employee's Company base salary for the twelve (12) months preceding the Change of Control or (ii) the Employee's current Company base salary Salary on an annualized basis.
Found in CORILLIAN CORP contract
Annual Compensation. Means an amount equal to the greater of (i) the Employee's Company base salary for the twelve (12) months preceding the Change of Control or (ii) the Employee's current Company base salary on an annualized basis.
Found in CORILLIAN CORP contract
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Annual Compensation. Means the total of: (i) one year of base salary, at the highest base salary rate that you were paid by the Company in the 12-month period prior to the date of your Separation from Service (the "Look-Back Period"); (ii) 100% of the greatest On Target annual bonus target for which you were eligible within the Look-Back Period; and (iii) 100% of the greatest On Target Commission for which you were eligible within the Look-Back Period. 1
Found in SUN MICROSYSTEMS, INC. contract
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Annual Compensation. Means the The total of: (i) one (i)one year of base salary, at the highest base salary rate that you were paid by the Company in the 12-month period prior to the date of your Separation from Service (the "Look-Back Period"); (ii) 100% and (ii)100% of the greatest On Target target annual bonus target for which you were eligible within the Look-Back Period; and (iii) 100% of the greatest On Target Commission for which you were eligible within the Look-Back Period. 1
Found in Amplify Energy Corp contract
Annual Compensation. Means the total of: of (i) one year of base salary, at the highest base salary rate that you were paid by the Company in the 12-month period prior to the date of your Separation from Service termination of employment (the "Look-Back Period"); (ii) 100% of the greatest On Target annual bonus target for which you were eligible within the Look-Back Period; Period, and (iii) 100% of the greatest On Target Commission for which you were eligible within the Look-Back Period. 1 , 2003 Page 2
Found in SUN MICROSYSTEMS, INC. contract
Annual Compensation. Means the total of: of (i) one year of base salary, at the highest base salary rate that you were paid by the Company in the 12-month period prior to the date of your Separation from Service termination of employment (the "Look-Back Period"); (ii) 100% of the greatest On Target annual bonus target for which you were eligible within the Look-Back Period; Period, and (iii) 100% of the greatest On Target Commission for which you were eligible within the Look-Back Period. 1 , 2003 Page 2
Found in SUN MICROSYSTEMS, INC. contract
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Annual Compensation. Means an amount equal to the greater of (i) Employee's Base Salary for the twelve (12) months preceding the Change of Control plus the employee's target bonus for the same period, or (ii) Employee's Base Salary on an annualized basis and the employee's target bonus as of the Termination Date.
Found in Renegy Holdings, Inc. contract
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Annual Compensation. Means an amount equal to the greater of (i) Employee's Base Salary for the twelve (12) months preceding the Change of Control or the Termination Date, whichever is applicable, plus the employee's target bonus Employee's Target Bonus for the same period, or (ii) Employee's Base Salary on an annualized basis and the employee's target bonus Employee's Target Bonus as of the Termination Date.
Found in ACORN ENERGY, INC. contract
Annual Compensation. Means an amount equal to the greater of (i) Employee's Base Salary Company salary for the twelve (12) months preceding the Change of Control plus the employee's target bonus for the same period, period or (ii) Employee's Base Company Salary on an annualized basis and the employee's target bonus as of the Termination Date.
Found in CATALYTICA ENERGY SYSTEMS INC contract
Annual Compensation. Means an amount equal to the greater of (i) Employee's Base Salary Company salary for the twelve (12) months preceding the Change of Control plus the employee's target bonus for the same period, period or (ii) Employee's Base Company Salary on an annualized basis and the employee's target bonus as of the Termination Date.
Found in CATALYTICA ENERGY SYSTEMS INC contract
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Annual Compensation. Shall mean an amount equal to the greater of: (i) Executive's annual base salary at the annual rate in effect at the date of his Involuntary Termination; (ii) Executive's annual base salary at the annual rate in effect sixty days prior to the date of his Involuntary Termination; or (iii) Executive's annual base salary at the annual rate in effect immediately prior to a Change of Control.
Found in SABINE OIL & GAS CORP contract
Annual Compensation. Shall mean an amount equal to the greater greatest of: (i) Executive's i) Employee's annual base salary at the annual rate in effect at on the date of his Involuntary Termination; (ii) Executive's ii) Employee's annual base salary at the annual rate in effect sixty days prior to the date of his Involuntary Termination; or (iii) Executive's iii) Employee's annual base salary at the annual rate in effect immediately prior to a Change of Control.
Found in KEY ENERGY SERVICES INC contract
Annual Compensation. Shall mean an amount equal to the greater of: (i) Executive's Employee's annual base salary at the annual rate in effect at the date of his Involuntary Termination; (ii) Executive's Employee's annual base salary at the annual rate in effect sixty days prior to the date of his Involuntary Termination; or (iii) Executive's Employee's annual base salary at the annual rate in effect immediately prior to a Change of Control.
Found in Lone Pine Resources Inc. contract
Annual Compensation. Shall mean an amount equal to the greater of: (i) Executive's Employee's annual base salary at the annual rate in effect at the date of his Involuntary Termination; (ii) Executive's Employee's annual base salary at the annual rate in effect sixty days prior to the date of his Involuntary Termination; or (iii) Executive's Employee's annual base salary at the annual rate in effect immediately prior to a Change of Control.
Found in SABINE OIL & GAS CORP contract
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Annual Compensation. Shall mean an amount equal to Executive's Company annual base salary.
Found in PC TEL INC contract
Annual Compensation. Shall mean an amount equal to the Executive's Company annual base salary.
Found in PC TEL INC contract
Annual Compensation. Shall mean an ------------------- amount equal to the Executive's Company annual base salary.
Found in PC TEL INC contract
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Annual Compensation. The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination (or such shorter period as the Executive was employed), and which was included in the Executive's gross income for tax purposes, including but not limited to the Executive's salary, bonuses and all other amounts taxable to the... Executive pursuant to any employee benefit plans of the Employers. View More Arrow
Found in PEOPLES COMMUNITY BANCORP INC contract
Annual Compensation. The Executive's "Annual "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination (or such shorter period as the Executive was employed), and which was either (i) included in the Executive's gross income for tax purposes, including but not limited to the Executive's salary, Base Salary, bonuses... and all other amounts taxable to the Executive pursuant to under any qualified or non-qualified employee benefit plans of the Employers. Employers, or (ii) deferred at the election of the Executive. View More Arrow
Found in Alliance Bancorp, Inc. of Pennsylvania contract
Annual Compensation. The Executive's "Annual "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers Bank or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination (or such shorter period as the Executive was employed), and which was either (i) included in the Executive's gross income for tax purposes, including but not limited to the Executive's salary, Base Salary,... bonuses and all other amounts taxable to the Executive pursuant to under any qualified or non-qualified employee benefit plans of the Employers. Bank, or (ii) deferred at the election of the Executive. View More Arrow
Found in Alliance Bancorp, Inc. of Pennsylvania contract
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Annual Compensation. The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary and cash bonus paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending prior to the calendar year in which the Date of Termination occurs.
Found in ESB FINANCIAL CORP contract
Annual Compensation. The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary and cash bonus paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending prior to the calendar year in which the Date of Termination occurs. occurs, provided that the highest base salary and the highest cash bonus may be paid in separate years.
Found in ESB FINANCIAL CORP contract
Annual Compensation. The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary and cash bonus paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending prior to during the calendar year in which the Date of Termination occurs.
Found in FIRST KEYSTONE FINANCIAL INC contract
Annual Compensation. The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary and cash bonus paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending prior to during the calendar year in which the Date of Termination occurs.
Found in FIRST KEYSTONE FINANCIAL INC contract
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Annual Compensation. The sum of: (i) the amount of the annual base salary of the Executive which is in effect during the calendar year preceding the calendar year in which a Change in Control occurs; and (ii) the highest annual bonus paid to the Executive by the Company during the three (3) calendar year period preceding the calendar year in which a Change in Control occurs. Annual Compensation shall include the amount of any compensation which is not paid to the Executive as a result of an affirmative election... made by the Executive to defer his receipt of any compensation, including without limitation, compensation and/or bonuses deferred pursuant to the Company's Management Stock Purchase Plan, compensation deferred under the Company's 401(k) Restoration Plan and compensation deferred pursuant to any applicable 401(k) plan, Section 125 plan, cafeteria plan or other plan maintained by the Company under which the Executive, by making an affirmative election, is permitted to defer his receipt of such compensation. Annual Compensation shall not include the grant of stock options, restricted stock, restricted units, performance shares, performance units and rights or other equity or equity based grants View More Arrow
Found in Gibraltar Industries, Inc. contract
Annual Compensation. The sum of: (i) (a) the amount of the annual base salary of the Executive which is in effect during the calendar year preceding the calendar year in which a Change in Control occurs; and (ii) (b) the highest annual bonus paid to the Executive by the Company during the three (3) calendar year period preceding the calendar year in which a Change in Control occurs. Annual Compensation shall include the amount of any compensation which is not paid to of the Executive as a result of an affirmative... election made by the Executive to defer his receipt of any Executive's deferred compensation, including without limitation, compensation and/or bonuses deferred pursuant to the Company's Management Stock Purchase Plan, compensation deferred under the Company's 401(k) Restoration Plan and compensation deferred pursuant to any applicable 401(k) plan, Section 125 plan, cafeteria plan or other deferred compensation plan maintained by the Company under which the Executive, by making an affirmative election, is permitted to defer his receipt of such compensation. Company. Annual Compensation shall not include the grant of stock options, restricted stock, restricted units, performance shares, performance units and rights or other equity or equity based grants View More Arrow
Found in Gibraltar Industries, Inc. contract
Annual Compensation. The sum of: (i) the amount of the annual base salary of the Executive which is in effect during the calendar year preceding the calendar year in which a Change in Control occurs; and (ii) the highest annual bonus paid to the Executive by the Company during the three (3) calendar year period preceding the calendar year in which a Change in Control occurs. Annual Compensation shall include the amount of any compensation which is not paid to of the Executive as a result of an affirmative election... made by the Executive to defer his receipt of any Executive's deferred compensation, including without limitation, compensation and/or bonuses deferred pursuant to the Company's Management Stock Purchase Plan, compensation deferred under the Company's 401(k) Restoration Plan and compensation deferred pursuant to any applicable 401(k) plan, Section 125 plan, cafeteria plan or other deferred compensation plan maintained by the Company under which the Executive, by making an affirmative election, is permitted to defer his receipt of such compensation. Company. Annual Compensation shall not include the grant of stock options, restricted stock, restricted units, performance shares, performance units and rights or other equity or equity based grants View More Arrow
Found in Gibraltar Industries, Inc. contract
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Annual Compensation. Shall mean an amount equal to the sum of (i) the Employee's Company annual base salary as in effect immediately preceding the Change of Control, and (ii) 100% of the Employee's Target Bonus.
Found in 3COM CORP contract
Annual Compensation. Shall mean an amount equal to the sum of (i) the Employee's Company annual base salary as in effect immediately preceding the Change of Control, Control or Disposition, and (ii) 100% of the Employee's Target Bonus.
Found in 3COM CORP contract
Annual Compensation. Shall mean an amount equal to the sum of (i) the Employee's Company annual base salary as in effect immediately preceding the Change of Control, Control or Disposition, and (ii) 100% of the Employee's Target Bonus.
Found in 3COM CORP contract
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