Base Compensation

Base Compensation. Shall mean the sum of (i) the annualized base rate of salary being paid to the Employee in all capacities with the Company, and its affiliates (as defined in Section 1504 of the Code without regard to subsection (b) thereof), as reported for Federal income tax purposes on Form W-2, together with any and all salary reduction authorized amounts under any of the Company's benefit plans or programs, on the last day of the preceding calendar year or, if higher, the actual date of a Change of... Control, and (ii) the sum of any bonuses paid to the Employee during the last three fiscal years of the Company preceding the Change of Control divided by 3. View More

Base Compensation. Means an employee's annual base salary, or if not salaried, annualized amount of hourly pay (including any shift or other compensatory premium which employee will regularly receive) based on the employee's regular weekly or biweekly hours, for services rendered to the Company and Participating Subsidiaries, including paid vacation and holidays and before adjustment for salary reduction contributions to the Company's 401(k) plan, health care... or dependent care spending accounts and similar pretax plans but excluding bonuses and commissions. View More

Base Compensation. Shall mean the then-current annual base salary (exclusive of Bonuses) of Employee, as the same may be fixed from time to time by the Board of Directors or its Compensation Committee or, if applicable, by the appropriate executive officer of Employer.

Base Compensation. Shall mean Executive's ----------------- monthly base salary for services performed based on the average base salary for the six (6) months prior to the Termination Date.

Base Compensation. Shall mean the total of all compensation, including wages, salary, and any other incentive compensation, bonuses, commissions and non-salary and non-wage cash compensation, which was paid as consideration for the Employee's service during the year immediately preceding the Termination Date, or which would have been so paid at the Employee's usual rate of compensation if the Employee had worked a full year.

Base Compensation. The annual rate of compensation set forth in Section 5(a), as such amount shall be adjusted as required by Section 5(a).

Base Compensation. Seven Hundred Thousand Dollars ($700,000) per year, to be paid in equal monthly installments, as adjusted by the Board pursuant to Section 4.1 from time to time.

Base Compensation. For purposes of this Agreement, "Base Compensation" shall mean the greater of the Executive's annualized base salary (i) as reflected in the Company's payroll records as of the effective date of this Agreement and (ii) at the highest rate in effect at any time during the ninety (90) days prior to the Change in Control, and shall include all amounts of base salary that are deferred under the benefit plans of the Company or any other agreement or arrangement.

Base Compensation. The base salary of Employee in effect as of the Termination Date is referred to in this Agreement as "Base Compensation."

Base Compensation. With respect to all Employees, means an amount equal to such Employee's (a) annual salary plus (b) an amount equal to the Company's Board approved 401(k) contribution for such Employee in the year immediately preceding the year in which a Payment is to be made plus (c) an amount equal to the Company's annualized deferred compensation matching contribution with respect to such Employee for the year in which a Payment is to be made.