Final Pay

Final Pay. Shall be defined as the sum of (1) Executive's annual base salary ("Base Salary") in effect at the time employment terminates (without taking into consideration a reduction in Base Salary which constitutes "Good Reason" as provided in Section 3(b)(2) above), and (2) the greater of (A) Executive's targeted cash bonus for the year immediately prior to the year in which employment terminates or (B) the actual cash bonus earned by the Executive for the year immediately prior to the year in which... employment terminates. View More

Final Pay. The sum of (1) the greater of (A) the Eligible Employee's annual base salary in effect immediately prior to the Change of Control, or (B) the Eligible Employee's annual base salary in effect at the time employment terminates, and (2) the greater of (A) the Eligible Employee's targeted cash bonus for the year immediately prior to the year in which the Change of Control occurs, (B) the Eligible Employee's targeted cash bonus for the year in which employment terminates or (C) the actual cash bonus... earned by the Eligible Employee for the year immediately prior to the year in which employment terminates View More