Executive Payment

Executive Payment. Means with respect to any Executive, (i) an amount equal to 200% of such Executive's Base Compensation for the year in which the Executive Payment is to be made plus (ii) such Executive's Additional Compensation plus (iii) an amount equal to 150% of the greater of such Executive's most recent annual Bonus (including Bonus payments made by the Company or its predecessors and whether or not paid at the time of the Change in Control) or the Projected Annual Bonus for the calendar year in which the... Change in Control occurs. View More