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 ...
View More
Found in
Steel Dynamics Inc contract
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.
Found in
Cleveland-Cliffs Steel LLC contract
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...
View More
All Definitions
Found in
Steel Dynamics Inc contract