Total Annual Compensation
Total Annual Compensation. The sum of the Executive's base salary and Average Bonus as in effect immediately prior to the Change in Control.
Total Annual Compensation. For purposes of this Agreement, "Total Annual Compensation" shall mean the aggregate value on an annual basis of (i) the then-current Base Salary, (ii) the annual target bonus opportunity based on the then-current Target Annual Bonus Percentage and then-current Base Salary and (iii) the aggregate target grant date value of equity awards granted to Executive with respect to the applicable year under the Company's long-term incentive compensation programs for key executives.
All Definitions
Found in
Wabtec Corporation contract