Eligible Salary

Eligible Salary. Means, for each Participant for any Fiscal Year, the amount of such Participant's annual base compensation (determined as of the first day of such Fiscal Year) as shown on the Company's payroll records.

Eligible Salary. Means, for each Participant for any Fiscal Year, the amount of such Participant's annual base compensation (determined as of the first day of such Fiscal Year or, if the Committee subsequently approves any increase or increases in such compensation during the first six months of such Fiscal Year, the first day the last such increase is effective) as shown on the Company's payroll records.