Reference Salary definition

Reference Salary means the highest annual rate of base salary paid to you by the Company at any time during the three-year period ending on the Date of Termination.
Reference Salary means the greater of (i) the annual rate of Executive Officer’s base salary from the Corporation or the employing subsidiary in effect immediately before the date of Executive Officer’s Involuntary Termination, or (ii) the annual rate of Executive Officer’s base salary from the Corporation or the employing subsidiary in effect immediately before the Change in Control Date.
Reference Salary means the greater of (1) $1,000,000 and (2) the Executive’s annual rate of Base Salary for the year in which the termination occurs.

Examples of Reference Salary in a sentence

  • Librarian Members and the University shall pay any applicable premiums under Article 28: Benefits, and pension contributions under Article 29: Pensions on the basis of the Member’s Reference Salary.

  • This salary shall be prorated as a percentage of the Reference Salary of a full-time professional librarian of equivalent rank and experience employed by the University, i.e., the number of hours per week of the Part-time Librarian divided by the 35 hour work week of full-time professional librarians.

  • During the negotiated period of service under the reduced workload, the actual salary received by the Member shall be a negotiated proportion of the Reference Salary.

  • Upon return from such approved leave without pay, and after submission of the Annual Activity Report, a Member shall receive his/her former Reference Salary plus all across-the-board increases and Career Development Increments received by Members with the same rank during the period of the leave.

  • The Member has the option of making pension contributions on the basis of either his/her actual or Reference Salary, and the University shall make its contributions on the same basis.


More Definitions of Reference Salary

Reference Salary means the greater of (a) the annual rate of a Participant’s Base Salary from the Participating Company Group in effect immediately prior to the date of such Participant’s Involuntary Termination or (b) the annual rate of a Participant’s Base Salary from the Participating Company Group in effect at any point during the three-year period ending on the Change of Control Date.
Reference Salary means the greater of (i) the annual rate of your base salary from Employer in effect immediately prior to the date of your Involuntary Termination and (ii) the highest annual rate of your base salary from Employer in effect at any point during the three-year period ended on the Change in Control Date.
Reference Salary means the PEO’s Total Remuneration, less the amount of the Employer’s Superannuation Contribution for the PEO.
Reference Salary means the greater of Executive's annual rate of Base Salary as in effect (i) upon the date of termination of Executive's employment, and (ii) immediately prior to the Change in Control.
Reference Salary means the Office Holder’s Total Remuneration, less the amount of the Employer’s Superannuation Contribution for the office holder.
Reference Salary means the greater of (i) the annual rate of your base salary from the Company and its subsidiaries in effect immediately prior to the date of your Involuntary Termination and (ii) the annual rate of your base salary from the Company in effect at any point during the three-year period ending on the Change in Control Date.
Reference Salary means the salary the Company will use to calculate Life Assurance,