Average Monthly Salary Base

Average Monthly Salary Base. The total of the Executive's monthly Salary for the sixty (60) months immediately prior to the month in which (i) he attains the age of sixty-five (65), (ii) he elects early retirement, (iii) he voluntarily terminates his Employment prior to attaining the age of sixty (60), or (iv) his employment is terminated by the Employer at any time prior to a Change in Control or Ownership other than for Cause, as the case may be, divided by the number sixty (60).