Average Annual Compensation Definition Example with 8 Variations
This page contains an example definition of Average Annual Compensation, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
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 paid to the Executive by the Employer or any subsidiary thereof during the most recent five calendar years preceding the Date of Termination (or such shorter period as the Executive was employed).
Variations
Average Annual Compensation. The Executive's "Average 'Average Annual Compensation" Compensation' for purposes of this Agreement shall be deemed to mean the average amount of Base Salary and cash bonus paid to received by the Executive by 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).
Found in
PRUDENTIAL 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 paid to received by the Executive by 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).
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 paid to the Executive by the Employer Employers or any subsidiary thereof during the most recent five calendar years preceding the year in which the Date of Termination occurs (or such shorter period as the Executive was employed).
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 paid to the Executive by the Employer or any subsidiary thereof during the most recent five calendar years preceding the year in which the Date of Termination occurs (or such shorter period as the Executive was employed).
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 any cash bonus paid to the Executive by the Employer or any subsidiary thereof during the most recent five calendar years preceding the year in which the Date of Termination occurs (or such shorter period as the Executive was employed).
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 commissions paid to the Executive by the Employer Employers or any subsidiary thereof during the most recent five calendar years preceding year proceeding the year in which the Date of Termination occurs (or such shorter period as the Executive was employed).
Average Annual Compensation. The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average amount of the Base Salary and cash bonus paid to the Executive by the Employer Employers or any subsidiary thereof during the most recent five calendar years preceding the Date of Termination (or such shorter period as the Executive was employed). Termination.
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 paid to received by the Executive by from the Employer or any subsidiary thereof (excluding any deferred amounts) during the most recent five calendar years preceding the Date of Termination (or such shorter period as the Executive was employed).
