ADMINISTRATION OF THE SALARY SCHEDULE Sample Clauses

ADMINISTRATION OF THE SALARY SCHEDULE. A. Performance Based Compensation 1. Starting Salary The new teacher starting salary schedule is included as Appendix A below. One year for each year of service in a school corporation will be granted for an Indiana School corporation on the starting salary grid. Administration will consult with the WEA on specialized or difficult to fill teaching positions that may require a unique salary placement for certain new hires on the New Teacher Starting Schedule. The School Corporation will cap compensation for verifiable years of service in an out of state School Corporation at 10 years on the starting salary grid.
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ADMINISTRATION OF THE SALARY SCHEDULE. 40.1 Teachers may advance on the salary schedule from one degree level to another, or to the immediate step beyond a degree, such as B.S. plus 20, twice during a school year upon successful completion of schedule requirements. An official transcript from the training institution must be presented to the Office of Human Resources to certify the degree (i.e.: Masters Degree) or the completion of course work for additional hours and such must be received in the office of the Director of Human Resources before October 15, for a full year adjustment and March 15, for the second semester of the school year to be eligible for the full or half year adjustments. 40.2 Staff development and curriculum development for certificated personnel will be at the District hourly rate. 40.3 Payroll Deductions The following payroll deductions will be provided by the Middletown Board of Education: TAXES The Employer shall deduct all taxes required by law. OTHER DEDUCTIONS‌ Vision Service Plan (VSP) Middletown Area Schools Credit Union Xxxxxx Health Plan (BHP)(Health and Dental Care) Conseco (Cancer, Hospital Intensive Care and Heart Ins.) UNUM Life Insurance Company (Disability) NEA/OEA/SWOEA/MTA Unified Dues Middletown Area United Way OEA-FCPE/The NEA Fund for Children and Public Education Child Support Payment (Court Ordered) Wage Garnishments (Court Ordered) Other Court Orders It is understood by the parties that the names of the particular insurer or charity, etc., may change at the discretion of the employer, or in accordance with any other existing agreement.
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ADMINISTRATION OF THE SALARY SCHEDULE. The administration of the salary schedule shall be as provided for in the Salary Resolution of the County of Sonoma.
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ADMINISTRATION OF THE SALARY SCHEDULE. A. The salaries of teachers are set out in Appendix A. In addition to these salaries, the Board shall pay the employees’ portion (3%) of the Indiana State Teachers’ Retirement Fund. Prior to December 1, 2011 for those teachers who did not receive an experience step incremental increase, they will receive a stipend equal to one percent (1%) of their salary on the salary schedule. B. Credit shall be granted for prior teaching experience and military service in accordance with the rules of ISTRF and the Indiana Department of Education. Additional stipulations are as follows: 1. Only those years of teaching experience in an accredited school (public, charter, private or parochial; in grades pre-kindergarten through grade 12) that occurred after the teacher received a teacher license shall be counted. 2. All experience must be validated by the previous school corporation. 3. It shall be the responsibility of the teacher to provide verification of prior teaching experience and proof of school’s accreditation. C. In order to qualify for levels of education on the salary schedule, attainment of degrees and completion of course work must be documented by an official transcript. For levels of education beyond the Master’s Degree, coursework must be taken on the graduate level from an accredited college or university unless approved in advance by the Superintendent and must be taken after the date of the Master’s Degree. Audit courses do not qualify for advancement on the salary schedule. Credit on the salary schedule will also be given for course work done on- line when the work has been done through an accredited university. D. Credit on the salary schedule will be given for for-credit workshops that have been approved in advance by the Superintendent. Such credit will be given at the rate of 1 semester hour for each 15 contact hours of instruction certified by the presenter or sponsor. E. It is the responsibility of the teacher to establish his/her eligibility for changes in salary placement due to additional level of education. All work must be documented by an official transcript. The teacher’s contract and paychecks will be changed within two pay periods of receipt of the transcripts, retroactive to the date of completion of coursework/degrees on transcripts. However, retroactive changes will not extend beyond one year of the date the teacher presents the transcripts to the Personnel Office. F. The basic salary schedule contemplates 184 full days of work in tea...
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ADMINISTRATION OF THE SALARY SCHEDULE. 40.1 Teachers may advance on the salary schedule from one degree level to another, or to the immediate step beyond a degree, such as B.S. plus 20, twice during a school year upon successful completion of schedule requirements. An official transcript from the training institution must be presented to the Office of Human Resources to certify the degree (i.e.: Masters Degree) or the completion of course work for additional hours and such must be received in the office of the Director of Human Resources before October 15, for a full year adjustment and March 15, for the second semester of the school year to be eligible for the full or half year adjustments. 40.2 The hourly rate for staff development and curriculum development for certificated personnel will be as follows: Hourly rate: Hourly rate of 0 Step 40.3 Payroll Deductions The following payroll deductions will be provided by the Middletown Board of Education: The Employer shall deduct all taxes required by law. OTHER DEDUCTIONS Vision Service Plan (VSP) Middletown Area Schools Credit Union Xxxxxx Health Plan (BHP)(Health and Dental Care) Conseco (Cancer, Hospital Intensive Care and Heart Ins.) UNUM Life Insurance Company (Disability) NEA/OEA/SWOEA/MTA Unified Dues Middletown Area United Way OEA-FCPE/The NEA Fund for Children and Public Education Child Support Payment (Court Ordered) Wage Garnishments (Court Ordered) Other Court Orders Fair Share Fee It is understood by the parties that the names of the particular insurer or charity, etc., may change at the discretion of the employer, or in accordance with any other existing agreement.
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ADMINISTRATION OF THE SALARY SCHEDULE. 3.3 A. Initial placement on the salary schedule shall be subject to the following conditions:
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ADMINISTRATION OF THE SALARY SCHEDULE. A. Performance Based Compensation
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ADMINISTRATION OF THE SALARY SCHEDULE 
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Related to ADMINISTRATION OF THE SALARY SCHEDULE

  • Termination of 401(k) Plan At Parent’s written request, delivered no later than fifteen (15) days prior to the Closing, the Company shall terminate the Furmanite Corporation 401(k) Savings and Investment Plan (the “Company 401(k) Plan”) effective immediately prior to the Closing Date and contingent upon the occurrence of the Closing, and upon such termination, shall cease all further contributions to the Company 401(k) Plan for pay periods beginning on and after the Closing Date and, to the extent the Company 401(k) Plan provides for loans to participants, and upon such termination, shall cease making any such additional loans effective immediately prior to the Closing Date. If Parent does not instruct the Company to terminate the Company 401(k) Plan, nothing herein shall be deemed to prevent the Surviving Corporation or Parent from terminating the Company 401(k) Plan following the Closing in accordance with applicable Law. In the event that Parent instructs the Company to terminate the Company 401(k) Plan, (a) prior to the Closing Date and thereafter (as applicable), the Company and Parent shall take any and all action as may be required, including amendments to the Company 401(k) Plan and/or the corresponding 401(k) plan sponsored or maintained by Parent or one of its Subsidiaries (the “Parent 401(k) Plan”) to comply with applicable Law, (b) subject to the receipt of a favorable IRS determination letter with respect to the termination of the Company 401(k) Plan, to permit each employee of the Company and its Subsidiaries who continues to be employed by Parent or its Subsidiaries (including, for the avoidance of doubt the Surviving Corporation and its Subsidiaries) immediately following the Effective Time (each, a “Continuing Employee”) to make rollover contributions of “eligible rollover distributions” (within the meaning of Section 401(a)(31) of the Code, including of loans) in cash or notes (in the case of loans) in an amount equal to the eligible rollover distribution portion of the account balance distributable to such Continuing Employee from the Company 401(k) Plan to the corresponding Parent 401(k) Plan, and (c) upon any termination of the Company 401(k) Plan in accordance with this Section 6.03, the Continuing Employees shall be eligible to participate, effective as of the Effective Time, in the Parent 401(k) Plan.

  • Changes to Compensation Notwithstanding anything contained herein to the contrary, Employee acknowledges that the Company specifically reserves the right to make changes to Employee’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and a modification of this Agreement unless, within seven (7) days after receiving notice of such change, Employee exercises his right to terminate this Agreement without cause or for “Good Reason” as provided below in Paragraph No.

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Salary Administration Section 1. Salary eligibility date is defined as the date an employee is eligible for an annual performance pay increase. The salary eligibility date is computed from the date of hire. Employees shall be eligible for annual performance pay increases on the employees' salary eligibility date provided the employee is not at the top step of the salary range of the employees' classification. The employee may be denied the annual performance pay increase if there has been a serious performance or attendance problem. Denials are subject to review within six (6) months. Denials may be grieved under the provisions of Article 51. Section 2. Any employee requiring an emergency draw shall be authorized once during the term of this Agreement to make such a draw without explanation. Additional draws may be requested in accord with existing policy and will be considered on a case-by-case basis.

  • Administration of Agreement All approvals referenced in this Agreement must be obtained from the parties' contract administrators or their designees. All notices must be given to the parties' contract administrators respectively. The OAG's contract administrator is Xxxxxxxxx X. Xxxxxx, Chief, Bureau of Advocacy and Grants Management. The Provider’s contract administrator will be provided at the time of execution. The parties will provide each other with written notification of any change in its designated representative for this Agreement. Such changes do not require a formal written amendment to this Agreement.

  • Compensation Benefits and Reimbursement (a) The compensation specified under this Agreement shall constitute the salary and benefits paid for the duties described in Section 2. The Bank shall pay Executive as compensation a salary of not less than [$ ] per year (“Base Salary”). Such Base Salary shall be payable biweekly, or with such other frequency as officers and employees are generally paid. During the period of this Agreement, Executive’s Base Salary shall be reviewed at least annually. Such review shall be conducted by a committee designated by the Board, and the Bank may increase, but not decrease (except a decrease that is generally applicable to all employees) Executive’s Base Salary (with any increase in Base Salary to become “Base Salary” for purposes of this Agreement). Base Salary shall not include any director’s fees that the Executive is entitled to receive as a director of the Bank or any affiliate of the Bank. Such director’s fees shall be separately paid to the Executive. (b) Executive will be entitled to participate in and receive benefits under any employee benefit plans including, but not limited to, retirement plans, supplemental retirement plans, pension plans, profit-sharing plans, health-and-accident insurance plans, medical coverage or any other employee benefit plan or arrangement made available by the Bank currently or in the future to its senior executives and key management employees. Executive will be entitled to participate in any incentive compensation and bonus plans offered by the Bank in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement. (c) In addition to the Base Salary provided for by paragraph (a) of this Section 3, the Bank shall pay or reimburse Executive for all reasonable travel and other reasonable expenses incurred by Executive performing his obligations under this Agreement and may provide such additional compensation in such form and such amounts as the Board may from time to time determine. The Bank shall reimburse Executive for his ordinary and necessary business expenses including, without limitation, fees for memberships in such clubs and organizations as Executive and the Board shall mutually agree are necessary and appropriate for business purposes, and travel and entertainment expenses, incurred in connection with the performance of his duties under this Agreement.

  • Administration of Plan The Plan is administered by the Committee appointed by the Company’s Board of Directors. The Committee has the authority to construe and interpret the Plan, to make rules of general application relating to the Plan, to amend outstanding awards pursuant to the Plan, and to require of any person receiving an award, at the time of such receipt or lapse of restrictions, the execution of any paper or the making of any representation or the giving of any commitment that the Committee shall, in its discretion, deem necessary or advisable by reason of the securities laws of the United States or any State, or the execution of any paper or the payment of any sum of money in respect of taxes or the undertaking to pay or have paid any such sum that the Committee shall in its discretion, deem necessary by reason of the Internal Revenue Code or any rule or regulation thereunder, or by reason of the tax laws of any State.

  • Travel Compensation The Contractor shall not be compensated or reimbursed for travel time, travel expenses, meals, or lodging.

  • Reduction of Compensation If the Firm fails to meet the submission date by less than thirty days for the draft report and/or working papers submitted to the Office of the State Auditor for review and approval or by less than thirty days from the completion date for the final reports and/or corrections to the working papers prescribed herein, the District may, with the consent of the Office of the State Auditor, reduce the agreed compensation by an amount not to exceed ten percent of the total contract price for the applicable fiscal year. If reports and/or corrections to the working papers are overdue by 30 days or more, the District may reduce, with the consent of the Office of the State Auditor, the agreed compensation by an amount not to exceed twenty percent of the total contract price for the Rev. 10/20 applicable fiscal year.

  • Discretionary Nature of Plan The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the Option in this Agreement does not create any contractual right or other right to receive any Options or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with the Company.

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