Accountable Professional Expense Account Sample Clauses

Accountable Professional Expense Account. 16.1 Effective May 1, 2015, all academic staff members except sessional lecturers shall receive an accountable professional expense account of $1,900 per fiscal year and shall increase to $2,500 effective May 1, 2019. 16.2 Persons who are appointed after the beginning of the fiscal year, whose appointment will terminate during a fiscal year, or who are part-time shall have their accounts prorated accordingly. 16.3 The funds in accountable professional expense accounts must be spent in accordance with the University regulations. At no time may they be used for any purchase or expenditure that would be a taxable benefit to the academic staff member. 16.4 Funds in an expense account may be carried forward automatically into the following fiscal year, provided the amount in the account does not exceed a sum which is four times the current amount of funds deposited annually into the account. 16.5 At the end of a fiscal year, funds remaining in an expense account may be transferred to The University of Xxxxxx Research Trust Fund.
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Accountable Professional Expense Account. 4.1 Effective April 1, 2019 all APT members shall receive an Accountable Professional Expense Account in the amount of $500 per year. This amount will be pro-rated for members who are employed part-time or for partial years. 4.2 Funds may be carried forward automatically into the following fiscal year, provided the amount in the account does not exceed a sum which is three times the current amount of funds deposited annually into the account. 1. Job Posting internally - posting contains duties as outlined in position description, permanent or term, if term, length of term, part time or full time. Posting is sent to the Faculty Association. Posting is open for 5 workings days (see Article 12.4). The University shall ensure that all advertisements reflect the University’s commitment as articulated in Article 8.2. 2. If there are no APT applicants, go to #8. 3. Human Resources will provide copies of the internal applicant qualification matrix and resumes/applications for all APT members to the selection committee, including the APT observer, for review by the selection committee. 4. Should there be no qualified APT applicants, the APT member(s) will be informed, in writing. Should the member(s) so wish, a follow-up interview will be held with the Director of Human Resources Go to #8 (see Article 12.4.4). 5. If there are qualified APT member(s), the interview/selection process will be instituted. All qualified APT applicants will be interviewed. Should there be only one APT applicant who is qualified, the First Nations University, the member and the Faculty Association may mutually agree to waive the interview/selection process (see Article 12.4). 6. The selection committee should include the Director or equivalent, a Human Resources representative, an Elder and APT observer. The University shall ensure whenever possible that search committees have appropriate gender representation, an Elder, and an observer from outside the unit during deliberations. The Human Resources Department will copy the observer the interview guide. The observer is not an active participant in the selection process but the Selection Committee may invite the observer’s input (see Article 12.4.2). 7. The Selection Committee shall choose from the APT qualified candidates. Unsuccessful candidates shall be informed, in writing, of the Selection Committee’s decision. Should the committee have APT applicants who are virtually equivalent, seniority, as outlined in Article 12.4.3, shall be use...
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Accountable Professional Expense Account. 10.1 Effective July 1, 2008 all academic staff members except sessional lecturers shall receive a $1,400 accountable professional expense account per fiscal year. 10.1.1 All academic staff members holding an Administrative Appointment as indicated in Article 15 shall receive a $1,650 accountable professional expense account per fiscal year. 10.1.2 The College shall reimburse sessional lecturers for approved expenses related to the specific course(s) to which they have been appointed (to a maximum of $150 per course). 10.2 Persons who are appointed after the beginning of the fiscal year, or whose appointment will terminate during a fiscal year, or who are part-time shall have their accounts prorated accordingly. 10.3 The funds in accountable professional expense accounts must be spent in accordance with the College regulations. At no time may they be used for any purchase or expenditure that would be a taxable benefit to the academic staff member. 10.4 Funds in an expense account may be carried forward automatically into the following fiscal year, provided the amount in the account does not exceed a sum which is three times the current amount of funds deposited annually into the account. 10.5 At the end of a fiscal year, funds remaining in an expense account may be transferred to The Luther College Research Trust Fund at the election of the academic staff member.
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Accountable Professional Expense Account. 15.1 Effective May 1, 2015, all academic staff members except sessional lecturers shall receive an accountable professional expense account of $1,900 per fiscal year. 15.2 Persons who are appointed after the beginning of the fiscal year, whose appointment will terminate during a fiscal year, or who are part-time shall have their accounts prorated accordingly. 15.3 The funds in accountable professional expense accounts must be spent in accordance with the University regulations. At no time may they be used for any purchase or expenditure that would be a taxable benefit to the academic staff member. 15.4 Funds in an expense account may be carried forward automatically into the following fiscal year, provided the amount in the account does not exceed a sum which is four times the current amount of funds deposited annually into the account. 15.5 At the end of a fiscal year, funds remaining in an expense account may be transferred to The University of Xxxxxx Research Trust Fund.
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Accountable Professional Expense Account. Effective May 1, 2011 all Employees are entitled to an accountable professional expense account (APEA) in the amount of eight hundred and fifty dollars ($850) per fiscal year. APEA carry forward in place at April 30, 2011 shall be carried forward for those Employees who currently have APEAs.
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Accountable Professional Expense Account. 15.1 Effective July 1, 2008 all academic staff members except sessional lecturers shall receive a $1,400 accountable professional expense account per fiscal year. 15.1.1 Academic units shall reimburse sessional lecturers for approved expenses related to the specific course(s) to which they have been appointed (to a maximum of $150 per course). 15.2 Persons who are appointed after the beginning of the fiscal year, whose appointment will terminate during a fiscal year, or who are part-time shall have their accounts prorated accordingly. 15.3 The funds in accountable professional expense accounts must be spent in accordance with the University regulations. At no time may they be used for any purchase or expenditure that would be a taxable benefit to the academic staff member. 15.4 Funds in an expense account may be carried forward automatically into the following fiscal year, provided the amount in the account does not exceed a sum which is three times the current amount of funds deposited annually into the account. 15.5 At the end of a fiscal year, funds remaining in an expense account may be transferred to The University of Xxxxxx Research Trust Fund.
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Accountable Professional Expense Account. 4.1 Effective April 1, 2024 all APT members shall receive an Accountable Professional Expense Account in the amount of $1000 per year. This amount will be pro-rated for members who are employed part-time or for partial years. 4.2 Funds may be carried forward automatically into the following fiscal year, provided the amount in the account does not exceed a sum which is three times the current amount of funds deposited annually into the account.
Sample 1
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Accountable Professional Expense Account. 15.1 Effective July 1, 2012, all academic staff members except sessional lecturers shall receive a $1,500 accountable professional expense account per fiscal year. 15.1.1 Academic units shall reimburse sessional lecturers for allowable expenses related to the specific course(s) to which they have been appointed (to a maximum of $200 per course) effective the first of the month following the ratification of this agreement by the parties. 15.2 Persons who are appointed after the beginning of the fiscal year, whose appointment will terminate during a fiscal year, or who are part-time shall have their accounts prorated accordingly. 15.3 The funds in accountable professional expense accounts must be spent in accordance with the University regulations. At no time may they be used for any purchase or expenditure that would be a taxable benefit to the academic staff member. 15.4 Funds in an expense account may be carried forward automatically into the following fiscal year, provided the amount in the account does not exceed a sum which is three times the current amount of funds deposited annually into the account. 15.5 At the end of a fiscal year, funds remaining in an expense account may be transferred to The University of Regina Research Trust Fund.
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Related to Accountable Professional Expense Account

  • Medical/Dental Expense Account The Employer agrees to allow insurance eligible employees to participate in a medical and dental expense reimbursement program to cover co- payments, deductibles and other medical and dental expenses or expenses for services not covered by health or dental insurance on a pre-tax basis as permitted by law or regulation, up to the maximum amount of salary reduction contributions allowed per calendar year under Section 125 of the Internal Revenue Code or other applicable federal law.

  • Non-accountable Expenses The Company further agrees that, in addition to the expenses payable pursuant to Section 3.10.1, on the Closing Date it shall pay to the Representative, by deduction from the net proceeds of the Offering contemplated herein, a non-accountable expense allowance equal to one percent (1.0%) of the gross proceeds received by the Company from the sale of the Firm Shares.

  • Expense Account The Corporation shall reimburse Employee for reasonable and customary business expenses incurred in the conduct of the Corporation’s business. Such expenses will include business meals, out-of-town lodging and travel expenses. Employee agrees to timely submit records and receipts of reimbursable items and agrees that the Corporation can adopt reasonable rules and policies regarding such reimbursement. The Corporation agrees to make prompt payment to Employee following receipt and verification of such reports.

  • Nonaccountable Expenses The Company further agrees that, in addition to the expenses payable pursuant to Section 3.13.1, on the Closing Date, it will pay to the Representative a nonaccountable expense allowance equal to one percent (1%) of the gross proceeds received by the Company from the sale of the Firm Units (of which $25,000 has previously been paid), by deduction from the proceeds of the Offering contemplated herein.

  • Payment of Extraordinary Education Related Expenses Section 5.1. PAYMENT OF EXTRAORDINARY EDUCATION-RELATED EXPENSES. In addition to the amounts determined pursuant to Articles IV and VI of this Agreement, Applicant on an annual basis shall also indemnify and reimburse District for all non-reimbursed costs, certified by the District’s external auditor to have been incurred by the District for extraordinary education-related expenses directly and solely related to the project that are not directly funded in state aid formulas, including expenses for the purchase of portable classrooms and the hiring of additional personnel to accommodate a temporary increase in student enrollment caused directly by such project. Applicant shall have the right to contest the findings of the District’s external auditor pursuant to Section 4.9 above.

  • Expense Accrual and Payment Services (1) For each valuation date, calculate the expense accrual amounts as directed by the Trust as to methodology, rate or dollar amount. (2) Process and record payments for Fund expenses upon receipt of written authorization from the Trust. (3) Account for Fund expenditures and maintain expense accrual balances at the level of accounting detail, as agreed upon by USBFS and the Trust. (4) Provide expense accrual and payment reporting.

  • Collection Expenses The Borrower further agrees, subject only to any limitation imposed by applicable law, to pay all expenses, including reasonable attorneys’ fees, incurred by the holder of this Note in endeavoring to collect any amounts payable hereunder which are not paid when due.

  • Distribution Expenses Each of the Funds expressly agrees to pay to Service Company, as requested, the Fund’s portion of the actual cost of distributing shares of the Funds, which shall mean its share of all of the direct and indirect expenses of a marketing and promotional nature including, but not limited to, advertising, sales literature, and sales personnel, as well as expenditures on behalf of any newly organized registered investment company which is to become a party of this Agreement pursuant to Section 5.4. The cost of distributing shares of the Funds shall not include distribution-related expenses of an administrative nature, which shall be allocated among the Funds pursuant to Section 3.2(A). Distribution expenses of a marketing and promotional nature shall be allocated among the Funds in the manner approved by the Securities and Exchange Commission in Investment Company Act Release No. 11645 (Feb. 25, 1981): (1) 50% of these expenses will be allocated based upon each Fund’s average month-end assets during the preceding quarter relative to the average month-end assets during the preceding quarter of the Funds as a group. (2) 50% of these expenses will be allocated initially among the Funds based upon each Fund’s sales for the 24 months ended with the last day of the preceding quarter relative to the sales of the Funds as a group for the same period. (Shares issued pursuant to a reorganization shall be excluded from the sales of a Fund and the Funds as a group.) (3) Provided, however, that no Fund’s aggregate quarterly contribution for distribution expenses, expressed as a percentage of its assets, shall exceed 125% of the average expenses for the Funds as a Group, expressed as a percentage of the total assets of the Funds. Expenses not charged to a particular Fund(s) because of this 125% limitation shall be reallocated to other Funds on iterative basis; and that no Fund’s annual expenses for distribution shall exceed 0.2% of its average month-end net assets.

  • Reimbursement of Travel Expenses If the Servicer provides access to the Review Materials at one of its properties, the Issuer will reimburse the Asset Representations Reviewer for its reasonable travel expenses incurred in connection with the Review on receipt of a detailed invoice.

  • Shared Expenses Owner acknowledges that certain economies may be achieved with respect to certain expenses to be incurred by Manager on behalf of Owner hereunder if materials, supplies, insurance or services are purchased by Manager in quantity for use not only in connection with Owner's business at the Property but in connection with other properties owned or managed by Manager or its affiliates. Manager shall have the right to purchase such materials, supplies, insurance (subject to the terms of this Agreement) and/or services in its own name and charge Owner a pro rata allocable share of the cost of the foregoing; provided, however, that the pro rata cost of such purchase to Owner shall not result in expenses that are either inconsistent with the expenses of other "U-Haul branded" locations in the general vicinity of the applicable Property or greater than would otherwise be incurred at competitive prices and terms available in the area where the Property is located; and provided further, Manager shall give Owner access to records (at no cost to Owner) so Owner may review any such expenses incurred.

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