Average Annual Compensation
Average Annual Compensation. The Executive's "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 included in the Executive's gross income for tax purposes including but not limited to Base Salary, bonuses, director's fees, if applicable, and all...
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Found in
BEAR STATE FINANCIAL, INC. contract
Average Annual Compensation. Shall mean, as of any date, the arithmetic average of the base salary and annual bonuses received by the Employee with respect to the three most recently completed calendar years.
Found in
SUSQUEHANNA BANCSHARES INC contract
Average Annual Compensation. The average (mean) W-2 compensation for the highest three (3) years of W-2 compensation
Found in
Wellesley Bancorp, Inc. contract
Average Annual Compensation. The Executive's 'Average Annual Compensation' for purposes of this Agreement shall be deemed to mean the average amount of Base Salary and cash bonus received by the Executive from the Employer or any subsidiary thereof (excluding any deferred amounts) during the most recent five calendar years immediately preceding the Date of Termination (or such shorter period as the Executive was employed).
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PRUDENTIAL BANCORP, INC. contract