Pay

Pay. Means the Executive's monthly base pay at the rate in effect on the Termination Date (or if greater, the last regularly scheduled payroll period immediately preceding a Change in Control) and inclusive of the Executive's target bonus level (expressed as a percentage of base pay) with respect to the fiscal year prior to the Termination Date. One-time bonuses paid by the Company that are not paid under a bonus plan adopted by the Company shall be excluded from Pay for purposes of this Agreement.... Examples of such one-time bonuses are sign-on bonuses or special recognition bonuses. View More

Pay. Means an Employee's current annual rate of regular salary or wages on his/her date of termination of employment with the Company and the average of the annual and/or incentive bonuses paid to the Employee over the three years immediately preceding the date of his termination of employment on account of a Change in Control, excluding all other extra pay such as overtime, commissions, premiums and living or other allowances.

Pay. Means (i) the total compensation paid in cash to a Participant by the Company and any Subsidiary, including salary, wages, bonuses, incentive compensation, commissions, overtime pay and shift premiums, plus (ii) any pre-tax contributions made by the Participant under Section 401(k) or 125 of the Code. "Pay" shall exclude all non-cash items, moving or relocation allowances, cost-of-living equalization payments, car... allowances, tuition reimbursements, imputed income attributable to cars or life insurance, severance pay, fringe benefits, contributions or benefits received under employee benefit plans, income attributable to the exercise of options, and similar items. [Last Sentence Amended by First Amendment] Except to the extent required by applicable law or as otherwise determined by the Committee in a uniform and nondiscriminatory manner, the definition of Pay shall be interpreted and administered in a manner consistent with the definition of compensation as determined from time to time for purposes of elective deferrals under the qualified retirement plan of the Company. 11 View More

Pay. For any Plan Period will be determined at the time of calculating the Operating Earnings Target for that Plan Period and will be the annual guaranteed pay.

Pay. Means Executive's total target cash compensation, including base annual salary and target quarterly and annual bonus compensation for the year in question.

Pay. All cash compensation paid to a Participant by the Company during a Plan Year (including any bonuses, incentive compensation, or commissions). Pay excludes reimbursements or other expense allowances, cash and noncash fringe benefits, moving expenses, deferred compensation, and welfare benefits, but includes (i) any amount contributed by salary reduction pursuant to Code §125, §132(f), or §402(e)(3), other than a salary credit under a plan described in Code §125, and (ii) any amount deferred at... the election of the Participant pursuant to a Deferral Agreement. View More

Pay. Means the annual base rate of pay of an Eligible Employee on his Severance Date at his stated rate as set forth within the payroll records of the Participating Employer. "Pay" does not include any remuneration other than base salary. "Week's Pay" and "Month's Pay" shall be calculated in accordance with a Participating Employer's regular payroll procedures (including the division of annual base rate of pay by 52 for Week's Pay, and 12 for Month's Pay). For part-time Employees, the base rate of... pay will be a pro-rated salary computation based on the ratio of scheduled part-time hours compared to scheduled full-time hours during the twelve (12) months immediately preceding his Severance Date. The annual base rate of pay for Employees subject to a sales commission plan shall be based on the actual earnings during the most recent 24-month period. View More

Pay. With respect to any Participant means the sum of (x) the Participant's Base Salary plus (y) the average of the annual incentive bonus compensation paid to the Participant in the two years immediately prior to the year of such Participant's termination of employment with the Company.

Pay. (i) in the case of an Eligible Employee, all cash compensation paid to him or her for services to the Participating Employer, including regular straight time earnings or draw, overtime, commissions and bonuses, but excluding amounts paid as living allowance or reimbursement of expenses and other similar payments; and (ii) in the case of an Eligible Trust Manager, all retainers and meeting and other service fees paid to him or her by the Participating Employer

Pay. The sum of (i) plus (ii) where: (i) the annual retainer paid to a Director for services on the Board during the twelve (12) month period immediately preceding the Director's Separation From Service or death, and (ii) the fee in effect on the date of the Director's Separation From Service or death for attending a regularly scheduled meeting of the full Board, multiplied by four (4)