Annual Pay

Annual Pay. Means the sum of (i) an amount equal to the annual base salary rate payable to the Executive by the Company at the time of termination of his or her employment plus (ii) an amount equal to the target bonus established for the Executive for the Company's fiscal year in which his or her termination of employment occurs.

Annual Pay. The sum of the Employee's (i) base salary in effect on the date of termination and (ii) the last annual bonus paid to the Employee by the Company prior to the date of termination

Annual Pay. An amount equal to the annual basic rate of pay of an Eligible Employee as determined from the payroll records of the Company or Designated Subsidiary, including amounts contributed by an Eligible Employee under Section 401(k) or 125 of the Code, but excluding all other cash compensation paid to an Eligible Employee during a Purchase Period by the Company or Designated Subsidiary. Without limiting the generality of the foregoing, Annual Pay shall not include overtime, bonuses, any contributions... by the Company or Designated Subsidiary, to, or benefits paid under, the Plan or any other pension, profit-sharing, fringe benefit, group insurance or other employee welfare plan or any deferred compensation arrangement (other than pursuant to Section 401(k) or 125 of the Code), expenses and reimbursements, and any other special or extraordinary compensation. Notwithstanding the foregoing, the Committee, in its sole discretion, may adjust the types of compensation constituting Annual Pay; provided that any such determination shall be applied on a uniform and consistent basis to all Eligible Employees. View More

Annual Pay. Shall mean an amount, calculated in such currency as the Committee shall specify or, if no currency is specified, in the currency of the country in which the Eligible Employee is employed, equal to the sum of (i) the annual basic rate of pay of an Eligible Employee as determined from the payroll records of the Company, its Subsidiaries or Affiliates on the effective date of an offer of Stock made pursuant to the Plan, and (ii) the amount... paid, calculated in such currency as the Committee shall specify or, if no currency is specified, in the currency of die country in which the Eligible Employee is employed on the effective date of an offer of Stock made pursuant to the Plan, to the Eligible Employee by the Company or a Subsidiary under any incentive compensation or bonus plan during the twelve-month period immediately preceding the effective date of an offer of Stock made pursuant to the Plan. View More

Annual Pay. Shall mean an amount equal to the sum of (i) the annual basic rate of pay of an Eligible Employee as determined from the payroll records of the Company or a Subsidiary on the effective date of an offer of Stock made pursuant to the Plan, and (ii) the amount paid to the Eligible Employee by the Company or a Subsidiary under any incentive compensation or bonus plan during the twelve-month... period immediately preceding the effective date of an offer of Stock made pursuant to the Plan. View More

Annual Pay. Means, unless defined otherwise by the Committee on a prospective basis in its sole discretion, the amount of money reportable on the employee's U.S. federal wage and tax statement, excluding overtime, shift premium, incentive or bonus awards, profit sharing distributions, allowances and reimbursements for expenses such as relocation allowances for travel expenses, income or gains on the exercise of Company stock options or stock appreciation rights, contributions (other than Code Section... 401(k) or Code Section 125 contributions) made on the employee's behalf by the Company or an affiliate of the Company under any employee benefit or welfare plan now or hereafter established and similar items, whether or not shown on the employee's U.S. federal wage and tax statement, but including, in the case of salespersons, sales commissions to the extent determined by the Board or the Committee. View More

Annual Pay. Means an amount equal to the Executive's base annual salary in effect at the time of the first to occur of one of the events specified in clauses (a) or (b) of Section 2.