Annual Compensation Definition Example with 4 Variations

This page contains an example definition of Annual Compensation, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
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

Variations

Annual Compensation. Means 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
Annual Compensation. Means 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
Annual Compensation. Means means the total of: of [name] July 27, 2006 Page 2 (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; Period, and (iii) 100% of the greatest On Target Commission for which you were eligible within the Look-Back Period. 1
Annual Compensation. Means means the total of: of 1 [name] July 27, 2006 Page 2 (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; Period, and (iii) 100% of the greatest On Target Commission for which you were eligible within the Look-Back Period. 1
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