Base Salary

Base Salary. The greater of (i) Executive's annual base salary as in effect immediately prior to the Termination Date or (ii) Executive's annual base salary as in effect on the date immediately preceding the consummation of the Change in Control that occurred within the twelve (12) month period preceding a Qualifying CIC Termination. For clarity, Base Salary does not include incentive pay, equity compensation, premium pay, commissions, relocation assistance or benefits, housing allowances, overtime, bonuses... or any other forms of special or variable compensation View More

Base Salary. The Participant's annual base pay (excluding incentive pay, commissions, bonuses, expenses or expense allowances and other forms of variable compensation), at the rate in effect during the last regularly scheduled payroll period immediately preceding the date of termination, but which shall not be less than Participant's annual base pay as of the Effective Date. With respect to Participants who are paid on an hourly basis under applicable wage and hour laws, the Base Salary shall be based on... the weekly rate, or hourly base rate, for a forty (40) hour week. In no event shall Base Salary include any overtime, bonuses, extended workweek, shift differential or other types of premium pay. View More

Base Salary. The amount an Eligible Individual is entitled to receive as regular hourly wages (considering regularly scheduled workweeks, and excluding any overtime or premium pay) or base salary on an annualized basis, calculated as of immediately prior to the Termination Date or, if greater, before giving effect to any reduction not consented to by the Eligible Individual

Base Salary. Means the annual base rate of compensation payable to a Participant by the Company.

Base Salary. Executive's annual base compensation rate for services paid by the Company to Executive at the time immediately prior to Executive's termination of employment, as reflected in the Company's payroll records without giving effect to any reduction that would constitute Good Reason. Base Salary shall not include commissions, bonuses, overtime pay, incentive compensation, benefits paid under any qualified plan, any group medical, dental or other welfare benefit plan, non-cash compensation or any... other additional compensation View More

Base Salary. The annualized rate of regular base salary determined as of the last day of the Participant's employment

Base Salary. The Participant's annual base salary rate in effect immediately prior to a Qualifying Termination, disregarding any reduction which gives rise to Good Reason.

Base Salary. The Participant's annual gross base salary from the Company or a Subsidiary for the applicable Fiscal Year before any deductions, exclusions, deferrals, or contributions on a tax-qualified or non-tax-qualified basis under any plan or program of the Company or a Subsidiary, and excluding bonuses and incentive compensation. If a Participant is employed for less than a complete Fiscal Year, Base Salary for the Fiscal Year shall be the annualized gross base salary (subject to the adjustments... described in the preceding sentence) based on the Participant's highest base salary rate during such Fiscal Year. Base Salary shall be determined under this Section 2.2 in accordance with the personnel records and established practices and procedures of the Company View More

Base Salary. Employee's Base Salary means, with respect to a calendar year, the amount of base salary paid to the Employee by the Bank in such year, exclusive of Bonus or other forms of cash or non-cash compensation, but including any portion of such salary voluntarily deferred by the Employee under any employee compensation plan of the Bank or Bancorp.

Base Salary. The Eligible Executive's annualized rate of base cash compensation paid on each regularly scheduled payday for the executive's regular work schedule, determined as of his or her Termination Date, and is calculated to include any before-tax contributions that are deducted for Company benefit plan purposes. Base Salary does not include taxable or nontaxable fringe benefits or awards, payout of accrued vacation, the value of any performance awards, bonuses, commissions or other incentive pay, or... any payments which are not made on each regular payday, regardless of how such payments may be characterized View More