Define: Base Salary
What does "Base Salary" mean? The meaning differs based on the contract. We found 4 definitions across 4 companies in SEC filings.
Definition 1 (BOEING CO, seen in 1 filing)
Base Salary means annual salary excluding bonuses and incentive payments, fringe benefits, and other perquisites.
Source: BOEING CO 10-K
Definition 2 (ADOBE INC., seen in 1 filing)
Base Salary means a Participant's annualized salary rate, calculated before (A) deductions for taxes or benefits and (B) deferrals of compensation pursuant to Company-sponsored plans.
Source: ADOBE INC. 8-K
Definition 3 (Edwards Lifesciences Corp, seen in 1 filing)
Base Salary means at any time, the then-regular annual rate of pay which the Executive is receiving as annual salary, excluding amounts (i) received under short- or long-term incentive or other bonus plans, regardless of whether or not the amounts are deferred, or (ii) designated by the Company as payment toward reimbursement of expenses.
Source: Edwards Lifesciences Corp 10-Q
Definition 4 (DEERE & CO, seen in 1 filing)
Base Salary means a Participant's annual rate of salary, excluding amounts received under incentive or other bonus plans, whether or not deferred.
Source: DEERE & CO 10-K
Data extracted from 6 SEC EDGAR filings across 4 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.