Adjusted Non-MAG Area Compensation Sample Clauses

Adjusted Non-MAG Area Compensation. The Non-MAG Area Compensation to be paid by Tenant for each five (5) year period, or any portion thereof following January 1, 2022 (“Five-Year Adjusted Period” and “Adjusted Non-MAG Area Compensation,” respectively) shall be adjusted to reflect the fair market rental for the Non-MAG Area, provided that in no case will the Non-MAG Area Compensation be adjusted downward. The Adjusted Non- MAG Area Compensation shall be mutually agreed upon between City and Tenant at some time not more than nine (9) months and not less than three (3) months before each Reset Date. If City and Tenant are able to reach agreement on the Adjusted Non-MAG Area Compensation, then said agreement shall be presented as a recommendation to the Board. The Adjusted Non-MAG Area Compensation shall be established by order of the Board, provided that if the Adjusted Non-MAG Area Compensation has not been determined by the beginning of the Reset Date, the Non-MAG Area Compensation for the new Five-Year Adjusted Period, subject to the final Adjusted Non-MAG Area Compensation being negotiated or determined by the Appraisal Process, shall be one hundred seven percent (107%) of the Non-MAG Area Compensation for the former period, and shall be paid in the same manner as provided in this Section 4 until completion of the negotiations or the Appraisal Process procedure set forth below.
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Related to Adjusted Non-MAG Area Compensation

  • Shift Differential Compensation Any employee in the bargaining unit whose assigned work shift commences (for unit-1) prior to 5:30 a.m. or whose work shift ends after 5:30 p.m., or (for unit-2 members) commences after 2:00 p.m. shall be paid a shift differential premium of five (5%) percent above the regular rate of pay for all hours worked.

  • Total Compensation Contractor shall include Total Compensation in XXX for each of its five most highly compensated Executives for the preceding fiscal year if:

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Show-Up Compensation An employee who is scheduled for work and reports for work, except for situations addressed in Article 123--Inclement or Hazardous Conditions, and is released from work shall be paid the equivalent of two

  • Overtime Pay Calculation Overtime shall not be claimed or received for less than fifteen (15) minutes. If overtime amounts to fifteen (15) minutes, or more, it shall be paid for the total period.

  • Compensation for Unused Sick Leave 1. Employees who enter County service after July 1, 1979, shall not be eligible for compensation for any of their unused sick leave credits.

  • Extra Compensation 1. CTSO Advisors will be paid twenty-five ($25) per hour (capped at eight (8) hours per day) for non-discretionary CTSO activities (e.g., conferences, conventions, and competitions) involving students on days not scheduled as part of the regular school year calendar.

  • Non-allowable Grant Expenditures The Grantee agrees to expend all grant funds received under this agreement solely for the purposes for which they were authorized and appropriated. Expenditures shall be in compliance with the state guidelines for allowable project costs as outlined in the Department of Financial Services’ Reference Guide for State Expenditures, incorporated by reference (dated February 2011), which are available online at xxxxxxxxxxxx.xxx/xxxxx/xxxxxxxxx_xxxxx. In addition, the following are not allowed as grant or matching expenditures:

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Automatic Recurring Payments You may use the xxxx payment function to arrange for the automatic payment of bills that have a fixed frequency and amount. Once your automatic xxxx payment arrangements are established, we will make the payments without further requests by you. If the payment due date for an automatic payment falls on a weekend or holiday, the payment may be made the following business day.

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