Participants Adjusted Base Salary

Example Definitions of "Participants Adjusted Base Salary"
Participants Adjusted Base Salary. , as applied within the Bonus Pool component of this Plan, (a) for purposes of either or both of the cash portions of the bonuses described in Sections 5.1 and 5.2, means (i) with respect to any Corporate Executive Officer, two and one-half (2 1/2) times his Base Salary, (ii) with respect to a Divisional Executive Officer, half of his Base Salary multiplied by two and one-half (2 1/2), (iii) with respect to any Corporate Officer, one ... and one-half (1 1/2) times his Base Salary, and (iv) with respect to any Divisional Officer twenty-five percent (25%) of his Base Salary multiplied by one and one-half (1 1/2); and (b) for purposes of the stock portions of the bonuses described in Sections 5.1 and 5.2, means (i) with respect to any Corporate Executive Officer, his Base Salary, (ii) with respect to a Divisional Executive Officer fifty percent (50%) of this Base Salary, (iii) with respect to any Corporate Officer, seventy-five percent (75%) of his Base Salary, and (iv) with respect to any Divisional Officer eighteen and three-quarters percent (18.75%) of his Base Salary. View More Arrow
Participants Adjusted Base Salary. (a) for purposes of the cash portion of the bonus described in Section 6.1, means, with respect to any Officer who is a Participant, two (2) times the Officer's Base Salary and (b) for purposes of the stock (or cash) portion of the bonus described in Section 6.2, means, with respect to an Officer who is a Participant, the Officer's Base Salary.
Participants Adjusted Base Salary. (a) for purposes of the cash portion of the bonus described in Section 6.1, means, with respect to any Executive Officer who is a Participant, two (2) times the Executive Officer's Base Salary, with respect to an Officer who is a Participant, one and one-half (1 1/2) times the Officer's Base Salary, and, with respect to any Manager who is a Participant, the Manager's Base Salary, and (b) for purposes of the stock portion of the bonus described in... Section 6.2, means, with respect to an Executive Officer, the Executive Officer's Base Salary, with respect to an Officer, seventy-five percent (75%) of the Officer's Base Salary, and, with respect to a Manager, fifty percent (50%) of the Manager's Base Salary. View More Arrow
All Definitions