Base Period

Base Period. The period consisting of the most recent five (5) taxable years ending before the date on which the Change of Control actually occurs (or such portion of such five-year period during which the Executive shall have been employed by the Company), all determined pursuant to the rules prescribed in Section 280G of the Code.

Base Period. The two most recent fiscal years of the Company ending prior to the date of Executive's termination of employment; provided, however that if Executive was not an employee of the Company (or a Predecessor Entity or a Related Entity, as such terms are defined in Section 8 hereof) at any time during one of such two fiscal years, the Base Period is the one fiscal year of such two fiscal year period during which Executive performed personal services for the Company or a Predecessor Entity or a... Related Entity. View More