Final Annual Compensation

Example Definitions of "Final Annual Compensation"
Final Annual Compensation. Employee's Base Compensation at the time of termination of employment plus an amount equal to the average of all Bonuses (excluding any compensation attributable to stock options of any type granted by Reynolds) earned by Employee during the three (3) calendar years preceding his termination of employment.
Found in REYNOLDS & REYNOLDS CO contract
Final Annual Compensation. Employee's Base Compensation at the time of termination of employment plus an amount equal to the average of all Bonuses (excluding any compensation attributable to stock options of any type granted by Reynolds) Reynolds and any compensation determined by the Board of Directors to be a long-term incentive arrangement) earned by Employee during the three (3) calendar years preceding his termination of employment.
Found in REYNOLDS & REYNOLDS CO contract
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