Base Salary

Base Salary. The higher of (i) the annual base salary in effect immediately prior to the Date of Termination or (ii) the annual base salary in effect for the year immediately prior to the year in which the Date of Termination occurs

Base Salary. Shall mean Employee's annualized base salary at the rate in effect at the relevant date or event as reflected in Employer's regular payroll records.

Base Salary. Means the total annual base salary paid to the Executive by the Company and RMR, as applicable for the 2022 calendar year.

Base Salary. Reduction in Base Salary. Executive's annual salary (as in effect immediately prior to the Announcement) is reduced, unless such reduction is made (i) as part of an across-the-board cost cutting measure that is applied equally or proportionately to all senior executives of the Employer, or (ii) as a result of Executive's disability, or any acts or omissions of Executive which would entitle Employer to terminate Executive's employment for Cause.

Base Salary. (d) "Base Salary" means (i) with respect to any Eligible Employee who is compensated on a salaried basis, the Eligible Employee's annual base salary as of the Date of Termination, and (ii) with respect to any Eligible Employee who is compensated on an hourly basis, the product of (x) the Eligible Employee's hourly wage rate as of the Date of Termination (determined without regard to overtime) and (y) the Eligible Employee's annual scheduled hours determined on the Date of Termination. Base... Salary will not include any bonus, incentive compensation, benefits or expense reimbursements or equity awards. View More

Base Salary. The Participant's annual base salary in effect on the date of termination of the Participant's employment with the Company, including amounts not currently includible in gross income by reason the Participant's election to defer such amounts under a cafeteria plan, 401(k) plan, or nonqualified deferred compensation plan of the Company or an Affiliate

Base Salary. The annual base salary in effect for the Participant immediately before the Participant's termination of employment (without giving effect to any reduction that constitutes Good Reason), excluding overtime, bonuses, incentive compensation or any other special payments

Base Salary. A Participant's annual rate of pay for the applicable calendar year, excluding all other pay elements (such as bonus payments and relocation allowances)

Base Salary. Means, for purposes of this Executive Incentive Program, the annual base rate of cash compensation paid to a Participant by the Company for the calendar year in which any determination of Base Salary is made, before any elective reduction or deferral of compensation pursuant to any 401(k) or similar defined contribution plan or any elective deferral under the Elective Restricted Stock Awards feature of the Officer Incentive Plan, and excludes all other forms of compensation such as benefits,... pension contributions, employer matching contributions under any 401(k) or similar plan, any "Restriction Multiple" amount awarded under the Plan based on elective reduction of Base Salary, and any amounts awarded under this Officer Incentive Plan. View More

Base Salary. The Executive's annual base salary with Orion as in effect from time to time beginning, with the initial fiscal year (annualized) 2023 base salary set forth above beginning from and after the Effective Date.