Administrators Salaries Sample Clauses

Administrators Salaries. A. The salaries of all administrators covered by this agreement are set forth in Appendix I which is attached hereto and made a part of this agreement. Salary may be adjusted under Article XXII when hiring an outside applicant for a vacant position by the Superintendent. B. The base salary of administrators shall be comprised of the following two components: 1) cash compensation as determined under Section A above, and
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Administrators Salaries. Exact placement at or above the minimum salary established for the position (see Appendix 1) for new administrators is the sole discretion of the Board with the stipulation that there shall be no decrease in pay. Administrators shall be paid an annual salary in accordance with the amounts indicated in Appendix 2. 1. Salaries for elementary school assistant principals will be for the September to June school year. Summer work for the elementary assistant principals will be considered on a yearly basis upon the budget request made by the principal of each respective school. 2. Elementary principals assigned to buildings with a student enrolment in excess of 700 will receive an annual stipend of $1000.00 beyond their normal salary 3. Longevity payments shall be capped at the $3500 level. Administrators hired or rehired after July 1, 1996 shall not be eligible for longevity payments. 4. Any unit member who possesses a doctorate shall receive an annual stipend of $5,000 above the base salary. 5. Effective July 1, 2008, all unit members shall be paid through a direct deposit system under rules established by the Administration.
Administrators Salaries. The Board of Education unilaterally sets the salary of a new hire for the first two years of employment. The salary the Board sets may be on or off the guide. In year three, the administrator is placed on guide. Exact placement on the guide is the sole discretion of the Board with the stipulation that there shall be no decrease in pay. Once on guide, administrators shall be paid an annual salary in accordance with the amounts indicated in Appendix 1. 1. The salaries of the principal of UES and the assistant principals recommended for the new Crossroads North facility will be transferred to the appropriate step on the guide for middle school principals and assistant principals using the parameters outlined in the existing contract. 2. The salaries for elementary school assistant principals will be set for the 2002- 2003 school year using the side-bar agreement signed on June 3, 2002. A salary guide following the parameters discussed by the two sides in the negotiations sessions will be established for the second and third year of this agreement. These salaries will be for the September to June school year, summer work for the elementary assistant principals will be considered on a yearly basis upon the budget request made by the principal of each respective school. 3. Elementary principals assigned to buildings with a student enrollment in excess of 700 will receive an annual stipend of $1000.00 beyond their normal salary 4. Longevity payments shall be capped at the $3500 level. Administrators hired or rehired after July 1, 1996 shall not be eligible for longevity payments.
Administrators Salaries. Administrators shall be paid an annual salary in accordance with the amounts indicated in Appendix 1. 1. The salary for any new, 10 month assistant principals hired after July 1, 1996 shall be the appropriate step on the teachers' salary guide plus a stipend of $3500 per year. The salary for any new, 12 month assistant principals hired after July 1, 1996 shall be the appropriate step on the teachers' salary guide multiplied by 1.1 plus a stipend of $3500 per year. 2. The Board of Education unilaterally sets the salary of any new hire for the first two years of employment. The salary the Board sets may be on or off the guide. In year three, the administrator is placed on guide. Exact placement on the guide is the sole discretion of the Board with the stipulation that there shall be no decrease in pay. 3. Longevity payments shall be capped at the $3500 maximum. Administrators hired or rehired after July 1, 1996 shall not be eligible for longevity payments.
Administrators Salaries. A. The salaries of all administrators covered by the Agreement are set forth in the salary guide which is attached hereto and made a part hereof. Pay will be distributed on the 15th and 30th of each month for which an administrator receives compensation. All administrators will participate in direct payroll deposit.
Administrators Salaries. Exact placement at or above the minimum salary established for the position (see Appendix 1) for new administrators is the sole discretion of the Board with the stipulation that there shall be no decrease in pay. Administrators shall be paid an annual salary in accordance with the amounts indicated in Appendix 2. 1. Elementary principals assigned to buildings with a student enrollment in excess of 700 (seven hundred) will receive an annual stipend of $1,000 (one thousand dollars) beyond their normal salary. 2. Administrators hired prior to July 1, 1996 shall continue to receive $3,500 (three thousand five hundred dollars) in longevity. Administrators hired after July 1, 1996 shall receive longevity noted in Appendix 3. 3. Any unit member who possesses a doctorate shall receive an annual stipend of $5,000 (five thousand dollars) above the base salary. Said stipend shall not be subject to the salary cap. 4. Effective July 1, 2008, all unit members shall be paid through a direct deposit system under rules established by the Administration. 5. The Board agrees to pay a $2,000 (two thousand dollars) annual stipend above the base salary, beyond the maximum compensation, if applicable, for members earning a subsequent master’s degree after July 1, 2015. Said stipend shall not be subject to the salary cap.

Related to Administrators Salaries

  • Benefits   on In the event of a lay-off of a full-time employee, the Hospital shall pay its share of insured benefits premium up to three (3) months from the end of the month in which the lay-off occurs or until the laid off employee is employed elsewhere, whichever occurs first.

  • Compensation Benefits and Expenses During the Term, the Bank shall compensate the Executive for his services as provided in this Section 3. Unless otherwise determined by the Company Board, all payments and benefits provided in this Agreement shall be paid or provided solely by the Bank. Notwithstanding anything in this Agreement to the contrary, no provision of this Agreement shall be construed so as to result in the duplication of any payment or benefit. Unless otherwise determined by the Company Board, the Company’s sole obligation under this Agreement shall be to unconditionally guarantee the payment and provision of all amounts and benefits due hereunder to Executive, and the affirmative obligations of the Company as set forth at Section 3(h), herein, with respect to Indemnification, and, if such amounts and benefits due from the Bank are not timely paid or provided by the Bank, such amounts and benefits shall be paid or provided by the Company.

  • Benefits Perquisites and Expenses During the Term, the Executive shall be eligible to participate in employee benefit and fringe benefit plans and programs generally available to the executive officers of the Company and such additional benefits as the Board may from time to time provide. In addition, Executive shall be entitled to receive the personal benefits described on Exhibit A hereto. Executive shall be entitled to reimbursement for business expenses, including travel and entertainment; PROVIDED, that such reimbursement shall be limited to reasonable and necessary expenses incurred by Executive in connection with the performance of duties on behalf of the Company subject to: (i) timely submission of a properly executed Company expense report form accompanied by appropriate supporting documentation, and (ii) compliance with Company policies and procedures governing business expense reimbursement and reporting based upon principles and guidelines established by the Audit Committee of the Board, including periodic audits by the Internal Audit Department of the Company and/or the Audit Committee of the Board. Notwithstanding the foregoing, Executive shall in all events be entitled to reimbursement for travel expenses incurred in the performance of job duties commensurate with reimbursement policies generally available to similarly situated Vice Presidents.

  • Managers Compensation Any or all Managers may receive such reasonable compensation for their services, whether in the form of salary or otherwise, with expenses, if any, as the Board may reasonably determine. Any such compensation and expense will be paid by the Member.

  • Trustee’s Compensation The Trustee shall be entitled to the compensation set forth in the letter agreement between the Purchaser and the Trustee dated as of April 17, 2024, as may be amended from time to time.

  • Trustee Compensation The Trustees as such shall be entitled to reasonable compensation from the Trust. They may fix the amount of their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, administrative, legal, accounting, investment banking, underwriting, brokerage, or investment dealer or other services and the payment for the same by the Trust.

  • Master Servicing Compensation As compensation for its activities as Master Servicer hereunder and as a subservicer pursuant to the Servicing Rights Transfer and Subservicing Agreement, the Master Servicer shall be entitled to retain or withdraw from the Certificate Account an amount equal to the Master Servicing Fee for each Mortgage Loan, provided that the aggregate Master Servicing Fee with respect to any Distribution Date shall be reduced (i) by the amount of any Compensating Interest paid by the Master Servicer with respect to such Distribution Date, and (ii) with respect to the first Distribution Date, an amount equal to any amount to be deposited into the Distribution Account by the Depositor pursuant to Section 2.1(a) and not so deposited. Additional servicing compensation in the form of (i) Excess Proceeds, Prepayment Interest Excess and all income and gain net of any losses realized from Permitted Investments and (ii) prepayment penalties, assumption fees and late payment charges in each case under the circumstances and in the manner set forth in the applicable Mortgage Note or Mortgage shall be retained by the Master Servicer to the extent not required to be deposited in the Certificate Account pursuant to Section 3.5 hereof. The Master Servicer shall be required to pay all expenses incurred by it in connection with its master servicing activities hereunder (including payment of any premiums for hazard insurance and any Primary Insurance Policy and maintenance of the other forms of insurance coverage required by this Agreement) and shall not be entitled to reimbursement therefor except as specifically provided in this Agreement.

  • Payment of Salaries 5.5.1 Basis of Calculation The salaries of principals shall be paid fortnightly and the gross salary for a full pay period is calculated as 14/365ths of the annual salary rate. For broken periods the calculation is the number of days due multiplied by the annual rate and divided by 365. Gross salary comprises all salary and allowances (temporary and those paid on a regular basis).

  • Compensation Committee (A) The Compensation Committee shall be composed of not more than five (5) members who shall be selected by the Board of Directors from its own members who are not officers of the Company and who shall hold office during the pleasure of the Board. (B) The Compensation Committee shall in general advise upon all matters of policy concerning the Company brought to its attention by the management and from time to time review the management of the Company, major organizational matters, including salaries and employee benefits and specifically shall administer the Executive Incentive Compensation Plan. (C) Meetings of the Compensation Committee may be called at any time by the Chairman of the Compensation Committee, the Chairman of the Board of Directors, or the President of the Company.

  • Salaries wages and other similar remuneration, other than a pension, paid by a Contracting State or a political subdivision or a local authority thereof to an individual in respect of services rendered to that State or subdivision or authority shall be taxable only in that State.

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