Base Compensation Definition Example with 4 Variations

This page contains an example definition of Base Compensation, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Base Compensation. The Participant's annual base salary rate in effect immediately prior to a Qualifying Termination, disregarding any reduction which gives rise to Good Reason.

Variations

Base Compensation. The the Participant's annual base salary rate in effect immediately prior to a Qualifying CIC Termination, disregarding any reduction which gives rise to Good Reason.
Base Compensation. The the Participant's annual base salary or wage rate in effect immediately prior to a Qualifying Termination, disregarding any reduction which gives rise to Good Reason.
Base Compensation. The the Participant's annual base salary rate in effect immediately prior to a Qualifying CIC Termination, disregarding any reduction which gives rise to Good Reason. Reason
Base Compensation. The Participant's annual base salary rate in effect immediately prior to a Qualifying Date of Termination, disregarding any reduction which gives rise to Good Reason.
All Definitions