Anniversary Date and Step Advancement Sample Clauses

Anniversary Date and Step Advancement. Employees shall be placed at the next step in the salary range after completion of probation. The employee's date of completion of probation shall become the employee's anniversary date. One (1) year after the employee's anniversary and each anniversary date thereafter the employee shall advance one (1) step in the salary range until the employee reaches the top step. Nothing in this section is to be construed to prohibit the Employer from placing employees above step one or advancing employees to higher levels of the salary range.
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Anniversary Date and Step Advancement. The anniversary date for all employees shall be July 1. Employees shall receive their first step advancement on the salary schedule upon completion of their probationary period. Employees shall receive their next step advancement on their anniversary date. The initial anniversary date of an employee who is hired before December 15 of the year shall be the July 1 prior to his/her hiring. The initial anniversary date of an employee hired on or after December 15 shall be the following July 1. Employees shall continue to receive their step advancement annually on their anniversary date until they reach the top step of the salary schedule. Employee A is hired on September 12, 2022. His/her anniversary date shall be July 1, 2022. Employee A shall receive his/her first step advancement on September 1, 2023 upon completion of the probationary period and receive his/her next anniversary step on July 1, 2024. This employee’s years of service are: 2022/23 year 1 2023/24 year 2 2024/25 year 3 Employee B is hired on December 20, 2022. His/her anniversary date shall be July 1, 2023. Employee B shall receive his/her first step advancement on January 1, 2024 upon completion of the probationary period and receive his/her next anniversary step on July 1, 2024. This employee’s years of service are: 2022/23 year 0 2023/24 year 1 2024/25 year 2 • Hired on 9/12/22 Probation ends 9/12/23 (9/12/22-9/12/23) (1st step increase 9/1/23) Anniversary date 7/1/22 Employee is in 2nd year as of 7/1/23 • Hired on 12/20/22 Probation ends on 12/20/23 (12/20/22-12/20/23) (1st step increase is 1/1/24) Anniversary date 7/1/23 Employee is in 1st year as of 7/1/23
Sample 1
Anniversary Date and Step Advancement. 9.8.1 Unit members who begin work on the first through the fifteenth working day of any month, shall be entitled to an anniversary date effective the first day of that month. Unit members who begin work on the sixteenth through the thirty-first working day of any month, shall be entitled to an anniversary date on the first day of the following month. The anniversary date shall not change. 9.8.2 Unit members placed on Step 1 of the salary schedule shall advance to Step 2 on the first of the month which is one year from the anniversary date established above. Each succeeding step shall be obtained one year from attainment of the preceding step until the maximum step in the class has been achieved. 9.8.3 Unit members must complete seventy-five percent (75%) of the workdays between anniversary dates to be eligible for the annual increment.
Sample 1
Anniversary Date and Step Advancement. 9.8.1 Unit members who begin work on the first through the fifteenth working day of any month, shall be entitled to an anniversary date effective the first day of that month. Unit members who begin work on the sixteenth through the thirty-first working day of any month, shall be entitled to an anniversary date on the first day of the following month. The anniversary date shall not change.
Sample 1

Related to Anniversary Date and Step Advancement

  • Effective Date and Termination Date The term of this SCIA shall commence on the Effective Date indicated on page 1 above and terminate on December 31, 2024, unless sooner terminated or extended as provided for below.

  • Effective Date and Termination This Agreement shall become effective as of the date of its execution, and a. unless otherwise terminated, this Agreement shall continue in effect for two years from the date of execution, and from year to year thereafter so long as such continuance is specifically approved at least annually (i) by the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the Series, and (ii) by vote of a majority of the trustees of the Trust who are not interested persons of the Trust, the Manager or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval; b. this Agreement may at any time be terminated on sixty days' written notice to the Sub-Adviser either by vote of the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the Series; c. this Agreement shall automatically terminate in the event of its assignment or upon the termination of the Advisory Agreement; and d. this Agreement may be terminated by the Sub-Adviser on ninety days' written notice to the Manager and the Trust, or by the Manager on ninety days' written notice to the Sub-Adviser. Termination of this Agreement pursuant to this Section 10 shall be without the payment of any penalty.

  • Effective Date and Term The amendments to the Contract as set out in this Supplemental Agreement shall have effect from the Effective Date and shall cease to have effect on the Expiry Date or earlier termination of the Contract.

  • Effective Date and Allocations If the Aggregate Commitments are increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Increase Effective Date.

  • Termination Date, Etc “Termination Date” shall mean in the case of the Executive’s death, his date of death, or in all other cases, the date specified in the Notice of Termination subject to the following:

  • Funding Period and Termination 17.1. The Commissioner does not commit to renew or continue financial support to the Recipient after the Funding Period.

  • Effective Date and Termination of Agreement This Agreement shall become effective on January 1, 2018 and unless terminated sooner it shall continue in effect until April 30, 2018. It may thereafter be continued from year to year only with the approval of a majority of those trustees of the Fund who are not “interested persons” of the Fund (as defined in the 0000 Xxx) and have no direct or indirect financial interest in the operation of this Agreement or any agreement related to it (the “Independent Trustees”). This Agreement may be terminated as to the Fund as a whole or any class of shares individually at any time by vote of a majority of the Independent Trustees. The Investment Adviser may terminate this agreement upon sixty (60) days’ prior written notice to the Fund.

  • EFFECTIVE DATE OF CONTRACT This contract shall not become effective until and unless approved by the City of Nashua.

  • Procedure for Termination, Amendment, Extension or Waiver A termination of this Agreement pursuant to Section 7.01, an amendment of this Agreement pursuant to Section 7.03 or an extension or waiver of this Agreement pursuant to Section 7.04 shall, in order to be effective, require in the case of Parent, Sub or the Company, action by its Board of Directors.

  • Effective Date; Term This Agreement shall become effective on the date first written above and shall remain in force for a period of time of two years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Fund, the Adviser or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Series. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder.

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