Base Compensation

Base Compensation. (i) for an employee, the Participant's annual base salary rate in effect immediately prior to a Qualifying Termination, and (ii) for an independent contractor, an amount equal to the Participant's regular base cash compensation rate immediately prior to a Qualifying Termination (whether paid directly to the Participant or to an entity that is an Affiliate of the Participant), in each case, as determined without regard to any reduction in annual base salary or regular base cash compensation... rate, as applicable, that occurs on or after a Change in Control. For the avoidance of doubt, a Participant's Base Compensation shall not include any bonus, commission or other incentive compensation View More

Base Compensation. Means an amount equal to Employee's existing annual base salary at the time of the Involuntary Termination.

Base Compensation. A Participant's base salary or wages measured on an annual basis (as defined in section 3401(a) of the Code for purposes of federal income tax withholding) from the Company, modified by including any portion thereof that such Participant could have received in cash in lieu of (i) any deferrals made by the Participant pursuant to the Baker Hughes Incorporated Supplemental Retirement Plan or (ii) elective contributions made on his behalf by the Company pursuant to a qualified cash or deferred... arrangement described in section 401(k) of the Code and any elective contributions under a cafeteria plan described in section 125, and modified further by excluding any bonus, incentive compensation, commissions, expense reimbursements or other expense allowances, fringe benefits (cash and noncash), moving expenses, deferred compensation (other than elective contributions to the Company's qualified cash or deferred arrangement described in section 401(k) of the Code), welfare benefits as defined in ERISA, overtime pay, special performance compensation amounts and severance compensation View More

Base Compensation. Means the Employee's (i) annual base salary paid by the Company for services performed as in effect on the Termination Date; and (ii) target cash bonus and/or other forms of cash incentive compensation for the fiscal year in which the Change of Control is effective.

Base Compensation. Means an amount equal to the Employee's existing annual base salary at the time of the Involuntary Termination, but disregarding any reduction in base salary that forms the basis for Good Reason.

Base Compensation. Means a Covered Executive's periodic regular rate of pay, determined without regard to any bonus, incentive, equity compensation, fringe benefit or similar amount. "Annualized Base Compensation" means the annualized rate of a Covered Executive's Base Compensation in effect immediately prior to the commencement of a Change in Control Period.

Base Compensation. Regular base straight-time gross earnings paid by the Company or any Subsidiary or Affiliate to the Eligible Employee (other than amounts paid after termination of employment, even if such amounts are paid for pre-termination date services) as base salary or wages (including 13th/14th month payments or similar concepts under local law), excluding payments, if any, for overtime, incentive compensation, commissions, incentive payments, premiums, bonuses, and any other special remuneration of a... Participant during an Offering Period. Notwithstanding the foregoing, the Committee may, in its discretion, on a uniform and nondiscriminatory basis, establish a different definition of Base Compensation for a subsequent Offering Period prior to the Offering Commencement Date of such subsequent Offering Period. Further, the Committee will have discretion to determine the application of this definition to Eligible Employees outside the United States. View More

Base Compensation. Executive's annual rate of fixed salary as in effect immediately prior to termination of employment (without reduction for salary reduction contributions to any qualified or non-qualified employee benefit plan or fringe benefit plan) plus Executive's Incentive Award.

Base Compensation. Shall mean the amount equal to the sum of (i) the greater of the Employee's then-current Annual Base Salary or the Employee's Annual Base Salary as of the date one (1) day prior to a Change of Control and (ii) the Average Annual Bonus.

Base Compensation. Means an Eligible Employee's annualized regular, fixed base salary or wages based on the Eligible Employee's salary or wage rate (and number of hours per week) in effect as of the day prior to the Date of Grant of a given Offering Period, and excludes any bonus, sales commissions, overtime payment, payment of deferred compensation or equity compensation, contribution by the Company or a Participating Subsidiary to an employee benefit plan or other similar payment or contribution.