Base Salary Definition Example with 4 Variations

This page contains an example definition of Base Salary, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Base Salary. The amount an Eligible Executive is entitled to receive as base salary on an annualized basis, calculated as of the Date of Termination, including any amounts that an Eligible Executive could have received in cash had he not elected to contribute to an employee benefit plan maintained by the Company, but excluding all annual cash incentive awards, bonuses, equity awards, and incentive compensation payable by the Company as consideration for an Eligible Executive's services. Notwithstanding the... foregoing, in the event of a reduction in an Eligible Executive's Base Salary resulting in such Eligible Executive's resignation for Good Reason, for purposes of determining such Eligible Executive's Severance Amount, such Eligible Executive's Base Salary shall be deemed to be that in effect immediately prior to such reduction. View More Arrow
Found in TALOS ENERGY INC. contract

Variations

Base Salary. The the amount an Eligible Executive is entitled to receive as base salary on an annualized basis, calculated as of the Date of Termination, including any amounts that an Eligible Executive could have received in cash had he or she not elected to contribute to an employee benefit plan maintained by the Company, but excluding all annual cash incentive awards, bonuses, equity awards, and incentive compensation payable by the Company as consideration for an Eligible Executive's services. ... class="diff-color-red">Notwithstanding the foregoing, in the event of a reduction in an Eligible Executive's Base Salary resulting in such Eligible Executive's resignation for Good Reason, for purposes of determining such Eligible Executive's Severance Amount, such Eligible Executive's Base Salary shall be deemed to be that in effect immediately prior to such reduction. View More Arrow
Found in 2 Contracts from Cobalt International Energy, Inc.
Base Salary. The means the amount an Eligible Executive is entitled to receive as base salary on an annualized basis, calculated as of the Date of Termination, including any amounts that an Eligible Executive could have received in cash had he such Eligible Executive not elected to contribute to an employee benefit plan maintained by the Company, Partnership, but excluding all annual cash incentive awards, bonuses, equity or equity-based awards, and incentive compensation payable by the Company Partnership... as consideration for an Eligible Executive's services. Notwithstanding the foregoing, in the event of a reduction in an Eligible Executive's Base Salary resulting in such Eligible Executive's resignation for Good Reason, for purposes of determining such Eligible Executive's Severance Amount, such Eligible Executive's Base Salary shall be deemed to be that in effect immediately prior to such reduction. View More Arrow
Found in MACH NATURAL RESOURCES LP contract
Base Salary. The the amount an Eligible Executive Employee is entitled to receive as base salary on an annualized basis, calculated as of the Date of Termination, including any amounts that an Eligible Executive Employee could have received in cash had he such Eligible Employee not elected to contribute to an employee benefit plan maintained by the Company, but excluding all annual cash incentive awards, bonuses, equity awards, and incentive compensation payable by the Company as consideration for an... Eligible Executive's Employee's services. Notwithstanding the foregoing, in the event of a reduction in an Eligible Executive's Employee's Base Salary resulting in such Eligible Executive's Employee's resignation for Good Reason, for purposes of determining such Eligible Executive's Employee's Severance Amount, such Eligible Executive's Employee's Base Salary shall be deemed to be that in effect immediately prior to such reduction. View More Arrow
Found in INFINITY NATURAL RESOURCES, INC. contract
Base Salary. The means the amount an Eligible Executive Employee is entitled to receive as base salary on an annualized basis, calculated as of the Date of Termination, including any amounts that an Eligible Executive Employee could have received in cash had he such Eligible Employee not elected to contribute to an employee benefit plan maintained by the Company, but excluding all annual cash incentive awards, bonuses, equity awards, and incentive compensation payable by the Company as consideration for an... Eligible Executive's Employee's services. Notwithstanding the foregoing, in the event of a reduction in an Eligible Executive's Employee's Base Salary resulting in such Eligible Executive's Employee's resignation for Good Reason, for purposes of determining such Eligible Executive's Employee's Severance Amount, such Eligible Executive's Employee's Base Salary shall be deemed to be that the Base Salary in effect immediately prior to such reduction. View More Arrow
Found in Once Upon a Farm, PBC contract
All Definitions