Average Monthly Cash Salary

Average Monthly Cash Salary. The term "Average Monthly Cash Salary" shall mean the greater of (i) Officer's total Cash Salary for the highest four (4) consecutive calendar years during the last ten (10) calendar years of employment with G-P and its Affiliates divided by 48, or (ii) Officer's average monthly Cash Salary for the last forty-eight (48) calendar months of employment with G-P and its Affiliates (or, if fewer, all calendar months of his or her employment with G-P and its Affiliates which immediately precede... Officer's Termination Date ) View More