Average Monthly Compensation

Example Definitions of "Average Monthly Compensation"
Average Monthly Compensation. One-twelfth (1/12) of Average Compensation
Average Monthly Compensation. One-twelfth Means one-twelfth (1/12) of Average Compensation Compensation.
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Average Monthly Compensation. The Average Annual Compensation divided by twelve (12)
Average Monthly Compensation. The quotient determined by dividing the sum of the Executive's then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Non-Equity Incentive Compensation (as defined in Section 4.2 hereof) or the average of Non-Equity Incentive Compensation paid over the three most recent years by twelve.
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