Annual Compensation

Annual Compensation. The Executive's 'Annual Compensation' for purposes of this Agreement shall mean the sum of: (i) the total compensation paid in the most recently completed calendar year to the Executive by the Employers or any subsidiary thereof and included in the Executive's gross income for tax purposes, and (ii) any income earned and deferred by the Executive pursuant to any plan or arrangement of the Employers during such completed calendar year.

Annual Compensation. The sum of (i) the annualized Base Salary, plus (ii) the Applicable Bonus.

Annual Compensation. The total of all compensation paid by the Cooperative to the Participant in a calendar year including wages, salary, and any other benefit of monetary value (whether paid in cash or otherwise), such as for example, the cost of any fringe, welfare or pension benefit

Annual Compensation. 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"); and (ii)100% of the greatest target annual bonus target for which you were eligible within the Look-Back Period.

Annual Compensation. The term "Annual Compensation" shall include all compensation reported on the Executive's annual (IRS) Form W-2 (Box 1) for the applicable taxable year. If the Executive was employed for less than the entire taxable year, the Executive's Annual Compensation for the applicable taxable year, as reported on Form W-2, Box 1, shall be annualized (based on the number of weeks of employment and assuming a 52-week year).

Annual Compensation. Executive's annual base salary as in effect immediately prior to the Change in Control, plus the amounts paid to Executive as a cash bonus during the twelve month period immediately prior to the Change of Control.