Advanced Increments Sample Clauses
The Advanced Increments clause establishes the terms under which payments or deliveries are made in stages before the completion of the entire contract. Typically, this clause outlines specific milestones or performance benchmarks that must be met for each incremental payment or delivery to occur, such as reaching certain project phases or delivering partial goods. Its core practical function is to facilitate cash flow and incentivize progress, while also managing risk by tying compensation or delivery to measurable achievements.
Advanced Increments. (i) A double or accelerated increment may be approved by the employer for: • meritorious performance • ensuring relativity within the Institute • retention.
(ii) The new increment date is from the date of the advanced increment.
Advanced Increments. A double or accelerated increment may be approved by the employer for: • meritorious performance • ensuring relativity within the institute • retention
Advanced Increments. A double or accelerated increment may be approved by the Chief Executive if recommended by a Manager.
Advanced Increments. The School Committee agrees to pay for credits earned beyond the BA degree in accordance with the conditions and the Advanced Credit Increment Stipend Schedule as herein set forth:
Advanced Increments. A double or accelerated increment may be approved by the employer for: