Additional Increase for Current Employees Sample Clauses

Additional Increase for Current Employees. For the duration of this Agreement, the full-time salary rate minimums for current Employees who have received Major Review increases prior to September 1, 2021, shall be as follows: For Xxx Arbor Lec II w/ 1 MR $57,500 Lec II w/ 2 MR $63,500 Lec IV w/ 1 MR $59,500 Lec IV w/ 2 MR $65,500 For Dearborn and Flint Lec II w/ 1 MR $50,000 Lec II w/ 2 MR $54,000 Lec IV w/ 1 MR $52,000 Lec IV w/ 2 MR $56,000 These increases shall be applied before any other increase to salary contained in this agreement. Intermittent Lecturers who have passed Major Review(s) will follow the Lecturer II schedule above.
Sample 1
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Related to Additional Increase for Current Employees

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Definitions For purposes of this Agreement:

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

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