Annualization. Effective July 1, 2013, an employee who works less than twelve (12) months per year shall have all vacation annualized in his/her pay. Notwithstanding, employees who have a pre-existing vacation accrual balance as of July 1, 2013 shall be exempt from annualization.
Annualization. Annualization is the process whereby an employee's term of appointment shall be extended for a period of twelve (12) months. To be eligible for annualization a short-term employee must have worked four (4) consecutive semesters in a two (2) year period, excluding spring/summer semesters and have received satisfactory comprehensive evaluations. Upon completion of the annualization period defined above and, if the funding and similar work continues, employees will be offered a twelve (12) month annualized short-term appointment. The appointment will be based on the amount of work available. A short-term employee who is filling a replacement position for another employee is eligible for annualization rather than regularization. Employees who are offered such an annualized appointment will not be eligible for the layoff notice or severance provisions of Article 5. An employee who has been annualized for two years will, where further work is available in the third year, be offered a regularized appointment. The appointment will be based on the average of the annualized work performed during the previous two years.
Annualization. To qualify for annualized contracts, an instructor’s annual workload must be 25% or more. Current faculty members listed in Appendix A of this agreement whose annual workload is less than 25% will be offered a short-term appointment contract.
Annualization. All measure savings for the year of implementation will be annualized, with the exception of Residential Behavior which will continue as laid out in the Illinois Technical Reference Manual. Voltage Optimization measures are included in annualization once commissioning is complete. Annualized savings assumed for 2018 VO savings will be determined by the independent evaluators – in consultation with ComEd, Staff, and other stakeholders – based on best available information regarding likely savings levels. Such best available information for 2018 may include results of ComEd pilot projects, relevant evaluations from other jurisdictions, information on the circuits on which ComEd began to apply VO in calendar 2018, and/or other relevant information. For 2019 and beyond, annualized savings estimates will be based, to the greatest extent possible, on evaluation of savings from ComEd distribution system infrastructure subjected to VO.
Annualization. For purposes of measuring the Consolidated Fixed Charge Coverage Ratio on any date on or prior to the last day of the fiscal quarter of the Parent ending closest to June 30, 2009, the term Consolidated Fixed Charges (including the embedded term Consolidated Interest Charges) shall be measured as follows:
Annualization. The Company may, at its option, pay first year annualized commissions on the following basis:
Annualization. The Parties agree that all measure savings for the year of implementation will be annualized, with the exception of Residential Behavior, which will continue as provided in the Illinois Technical Reference Manual.
Annualization. (i) If the period is the two quarters ending June 30, 2002, the amount in line 2(a) times 2: $______________
Annualization. For purposes of calculating compliance with Section 7.11 or determining the Leverage-Based Applicable Rate (as defined in the definition of Applicable Rate) in each case at any time prior to the delivery of financial statements pursuant to Section 6.02(b) for the quarter ended March 31, 2015, (i) the relevant four consecutive fiscal quarter period shall be determined on an annualized basis reasonably acceptable to the Administrative Agent with the first fiscal quarter being the fiscal quarter ended June 30, 2014 and (ii) any Calculation Period used in determining such compliance or ratio prior to March 31, 2015 shall be a reference to such annualized period.
Annualization. Savings will be annualized in accordance with ComEd’s Plan 5 Stipulation.2
