Base Year. The Base Year with respect to the Expansion Space shall be calendar year for purposes of the payment by Tenant of Tenants Pro Rata Share of Operating Expenses.
Base Year EPS. The term “Base Year EPS” means the Company’s actual adjusted diluted earnings per share and is calculated as the Adjusted Net Income (modified for any applicable adjustments set forth in the Appendix) divided by the Adjusted Diluted WAS, each as determined for the most recent Company fiscal year ended prior to the beginning of the Measurement Period.
Fiscal Year. The fiscal year of the is the calendar year unless the following blank states otherwise: year ending September 30th.
Plan Year. The twelve consecutive month period commencing on January 1 of each year.
Performance Year Notwithstanding the foregoing, Executive’s annual bonus for the 2017 fiscal year shall be 75% of Executive’s Base Salary (ie, the target bonus), prorated for the time he is employed by the Company in the 2017 fiscal year
Tax Year. The fiscal and taxable year of the Company shall be the calendar year, unless otherwise required by the Code.
Plan Year. “Plan Year” means a calendar year.
Fiscal Year. The fiscal year of each Borrower ends as of December 31 of each year.
Fiscal Year. The Company has a fiscal (or financial) year which is the twelve months ending on December 31 of each calendar year.
Base Salary. Executive will receive a base salary (the “Base Salary”), initially at the annualized rate of per year. The Base Salary shall be payable biweekly in accordance with the Company’s standard payroll schedule and procedures, and will be pro-rated for the current year, as well as any other partial year of employment. Thereafter, Executive’s Base Salary shall be periodically reviewed as a part of the Company’s regular review of compensation, and will be determined by the Compensation and Leadership Development Committee of the Board (the “Compensation Committee”).
Base Rent. Commencing on the Rent Commencement Date (“Rent Commencement Date”) as set forth in [Section 4.1] of the Summary, shall pay, without prior notice or demand, to or ’s agent at the management office of the Project, or, at ’s option, at such other place as may from time to time designate in writing, at least thirty (30) days prior to the effective date of the change in the rent payment address, by notice to in accordance with the provisions of [Article 28] of this Lease by a check for currency which, at the time of payment, is legal tender for private or public debts in the United States of America or by Automated Clearing House (but only for so long as has agreed to accept payments by Automated Clearing House), base rent (“Base Rent”), which shall be initially calculated in accordance with [Exhibit J], payable in equal monthly installments in advance on or before the first day of each and every calendar month during the Lease Term, without any setoff or deduction whatsoever except as may be expressly set forth herein. On each anniversary of the Lease Commencement Date, the Base Rent shall increase as set forth in [Section 4.3] of the Summary. The estimated Base Rent for the first full month following the Rent Commencement Date shall be paid at the time of ’s execution of this Lease and, upon
Base Salary. Commencing on the Effective Date, your initial base salary as President and CEO of the Company will be .
Base Compensation. Executive shall be paid base compensation of annually, as follows: Executive shall receive a cash salary of per year ( per month) (the “Cash Salary”), plus per year payable in options for shares of the Company’s common stock valued at a $.66 per share price or a price determined by the Company’s Board in its sole discretion (the “Equity Salary”, and together with the Cash Salary, “Base Compensation”). Options shall not be struck at a exercise price lower than $.66. The Base Salary shall be payable less applicable deductions and withholding in normal installments and in accordance with the payroll practices of Company. Shares constituting the Equity Salary shall be issued to Executive in equal monthly installments on the first day of each month. Company shall make applicable tax withholdings for the Equity Salary from payments of Executive’s Cash Salary. Executive’s Base Compensation shall not be reduced without agreement of Executive.
Base Salary. You will be paid a cash salary subject to applicable withholding ₹axes, which is equivalent to on an annualized basis. Your salary will be payable pursuant to the Company’s regular payroll policy (or in the same manner as paid to other employees of the Company), which is currently two payments per month, one payment on the 20th of every month and one payment on the 5th of every month, although such payment schedule is subject to change in the Company’s discretion. Base Salary will not be decreased without your prior consent.
Base Compensation. Employee shall continue to receive Employee’s current base salary through the Separation Date, in accordance with the Company’s normal payroll practices.
Base Salary. Employer shall pay to Executive an annual base salary for all services to be rendered by Executive under this Agreement of (the "Base Salary"), which Base Salary shall be paid in accordance with Employer's normal payroll schedule, procedures and policies (which schedule, procedures and policies may be modified from time to time) and subject to applicable deductions as required by law. Employer shall review Executive's salary on an annual basis and may, in its discretion, consider and declare from time to time increases in the Base Salary that it pays Executive. Any and all increases in Executive's salary pursuant to this section shall cause the level of Base Salary to be increased by the amount of each such increase for purposes of this Agreement. The increased level of Base Salary as provided in this section shall become the level of Base Salary for the remainder of the term of this Agreement unless there is a further increase in Base Salary as provided herein.
Base Salary. During the Employment Period, the Executive shall receive an annual base salary ("Annual Base Salary"), which shall be paid at a monthly rate, at least equal to twelve times the highest monthly base salary paid or payable, including any base salary which has been earned but deferred, to the Executive by the Company and its affiliated companies in respect of the 12‑month period immediately preceding the month in which the Effective Date occurs. During the Employment Period, the Annual Base Salary shall be reviewed no more than 12 months after the last salary increase awarded to the Executive prior to the Effective Date and thereafter at least annually and shall be first increased no more than 12 months after the last salary increase awarded to the Executive prior to the Effective Date and thereafter at least annually by the higher of # the average increase (excluding promotional increases) in base salary awarded to the Executive for each of the three full fiscal years (annualized in the case of any fiscal year consisting of less than twelve full months or during which the Executive was employed for less than twelve months) prior to the Effective Date, and # the percentage increase (excluding promotional increases) in base salary generally awarded to peer executives of the Company and its affiliated companies for the year of determination. Any increase in Annual Base Salary shall not serve to limit or reduce any other obligation to the Executive under this Agreement. Annual Base Salary shall not be reduced after any such increase and the term Annual Base Salary as utilized in this Agreement shall refer to Annual Base Salary as so increased. As used in this Agreement, the term "affiliated companies" shall include any company controlled by, controlling or under common control with the Company.
Base Salary. Notwithstanding anything to the contrary contained in the first sentence of [Section 5(a)] of the Original Agreement, effective as of (the Effective Date), the Company shall pay to the Executive a Base Salary of no less than the rate of per calendar year, subject to withholding, and prorated for any partial year.
Base Salary. In consideration of the services to be rendered under this Agreement, the Company shall pay Executive a salary at the rate of per year (Base Salary). Upon completion of an initial public offering of HoldCos shares under an effective registration statement filed under the Securities Act of 1933, as amended, Executives Base Salary shall be per year. The Base Salary shall be paid in accordance with the Companys regularly established payroll practice. Executives Base Salary will be reviewed from time to time in accordance with the established procedures of the Company for adjusting salaries for similarly-situated employees and may be adjusted in the sole discretion of the Company.
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