Monthly Base Salary

Example Definitions of "Monthly Base Salary"
Monthly Base Salary. The Participant's annual base salary, ignoring any decrease in annual base salary that forms the basis for a Resignation for Good Reason, as in effect on the date of the Qualifying Termination, divided by 12.
Monthly Base Salary. The Participant's then current annual base salary, ignoring any decrease in annual base salary that forms the basis for a Resignation for Good Reason, as in effect on the date of the Qualifying Termination, divided by 12
Monthly Base Salary. The Participant's then current annual base salary, ignoring any decrease in annual base salary that forms the basis for a Resignation for Good Reason, as in effect on the date of the Qualifying Termination, divided by 12
Monthly Base Salary. The Participant's then current annual base salary, ignoring any decrease in annual base salary that forms the basis for a Resignation for Good Reason, as in effect on the date of the Qualifying Termination, divided by 12.
View Variations (2) Arrow
Monthly Base Salary. Participant's Base Salary divided by twelve (12).
Monthly Base Salary. Means the Participant's Base Salary divided by twelve (12).
View Variation Arrow
Monthly Base Salary. Means the greater of one twelfth of (a) the Executive's highest annual base salary in effect during the one (1) year period preceding a Change in Control and (b) the Executive's highest annual base salary in effect during the one (1) year period preceding the Executive's Date of Termination.
Monthly Base Salary. Means $[____________] the Executive's monthly base salary in effect on the date of this Agreement.
Monthly Base Salary. Means the amount calculated by multiplying the employee's then semi-monthly current gross salary by two (2), or if paid more or less frequently than two times per month, the amount of such current gross salary multiplied by the number of payroll periods in a year divided by twelve (12). For purposes of this calculation, the Employee's current gross salary shall be the highest amount of such gross salary paid to the Employee during the twelve month period prior to termination of employment.
Monthly Base Salary. 1/12th of the greater of (i) Executive's Base Salary as in effect on the date of a Change in Control Termination or a Qualifying Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive's Base Salary as in effect on the date of a Change in Control.
Monthly Base Salary. Executive's monthly base salary as of the Termination Date, provided, however, if Executive's monthly base salary has been reduced and such reduction has triggered Executive's Resignation for Good Reason, then "Monthly Base Salary" shall mean Executive's monthly base salary immediately prior to such reduction.
Monthly Base Salary. The Participant's then current annual base salary, , as in effect on the date of the Qualifying Termination, divided by twelve (12) (disregarding for this purpose any decrease in annual base salary (a) that forms the basis for a Resignation for Good Reason and/or (b) any decrease in annual base salary due the Participant's participation in a Choice Program Salary Reduction in the applicable calendar year). For the avoidance of doubt, base salary for purposes of this definition shall exclude... incentive pay, premium pay, commissions, bonuses, equity value and other forms of variable compensation. View More Arrow
Monthly Base Salary. Means the Participant's monthly base salary in effect immediately prior to date of the Qualifying Termination, ignoring any reduction that forms the basis for Constructive Termination.
Monthly Base Salary. The Participant's annual base salary as in effect on the date of the Qualifying Termination (disregarding any reductions effected upon or following a Change in Control,), divided by 12.
All Definitions