Averaging Period. Pursuant to Master Agreement Clause 14.8(a)(2) the averaging period shall not exceed 140 hours in a 28 day period. The maximum length of the workday shall not exceed 12 hours.
Averaging Period. It is understood and agreed that The Company will amend the Allstream Contributory Pension Plan dated January 1, 1996 as follows. The averaging period of pensionable earnings shall be the best sixty (60) months, not necessarily consecutive, of the one hundred and twenty (120) consecutive months prior to the members date of the determination. The averaging period of pensionable earnings shall be the better of the sixty (60) months, not necessarily consecutive, of the one hundred and twenty (120) consecutive months prior to the member’s date of determination or the best five (5) consecutive calendar years of continuous service.
Averaging Period. The term “
Averaging Period. For purposes of determining the applicable Conversion Rate, in respect of any conversion during the ten Trading Days commencing on the Ex-Dividend Date of any Spin-Off, references in the portion of this Section 12.04(c) related to Spin-Offs to ten Trading Days shall be deemed replaced with such lesser number of Trading Days as have elapsed from, and including, the Ex-Dividend Date for such Spin-Off to, but excluding, the Conversion Date for such conversion. Subject in all respects to Section 12.10, rights, options or warrants distributed by the Company to all holders of its Common Stock entitling the holders thereof to subscribe for or purchase shares of the Company’s Capital Stock, including Common Stock (either initially or under certain circumstances), which rights, options or warrants, until the occurrence of a specified event or events (“Trigger Event”): (i) are deemed to be transferred with such shares of the Common Stock; (ii) are not exercisable; and (iii) are also issued in respect of future issuances of the Common Stock, shall be deemed not to have been distributed for purposes of this Section 12.04 (and no adjustment to the Conversion Rate under this Section 12.04 will be required) until the occurrence of the earliest Trigger Event, whereupon such rights and warrants shall be deemed to have been distributed and an appropriate adjustment (if any is required) to the Conversion Rate shall be made under this Section 12.04(c). If any such right, option or warrant, including any such existing rights, options or warrants distributed prior to the date of this Indenture, are subject to events, upon the occurrence of which such rights, options or warrants become exercisable to purchase different securities, evidences of indebtedness or other assets, then the date of the occurrence of any and each such event shall be deemed to be the date of distribution and Ex-Dividend Date with respect to new rights, options or warrants with such rights (and a termination or expiration of the existing rights, options or warrants without exercise by any of the holders thereof). In addition, in the event of any distribution (or deemed distribution) of rights, options or warrants, or any Trigger Event or other event (of the type described in the preceding sentence) with respect thereto that was counted for purposes of calculating a distribution amount for which an adjustment to the Conversion Rate under this Section 12.04 was made, (1) in the case of any such rights, option...
Averaging Period. For purposes of computing Total Shareholder Return for the Company and each other company in the Comparison Group, the stock price at the beginning and end of the Performance Period will, subject to Section 5 below, be determined as the 20-day average closing price of the stock on each of the 20 consecutive trading days ending on and including the first day or last day of the Performance Period, as the case may be.
Averaging Period. Unless the Employer elects otherwise under Part 3, #11.a. of the Agreement, the Averaging Period for determining a Participant’s Average Compensation is made up of the three (3) consecutive Measuring Periods during the Participant’s Employment Period which results in the highest Average Compensation. The Employer may elect under Part 3, #11.a. to apply an alternative Averaging Period which is greater than three (3) consecutive Measuring Periods, may elect to take into account the highest Average Compensation over a period of nonconsecutive Measuring Periods, or may elect to take into account all Measuring Periods during the Participant’s Employment Period.
Averaging Period. The period used for determining an Employee’s Average Compensation. Unless modified under Part 3, #11.a. of the target benefit plan Agreement, the Averaging Period is the three (3) consecutive Measuring Periods during the Participant’s Employment Period which produces the highest Average Compensation.
Averaging Period. Cumulative Student Evaluation Scores shall be the average score calculated over the six month period immediately preceding the tally.
Averaging Period. It is understood and agreed that The Company will amend the Allstream Contributory Pension Plan dated January 1, 1996 as follows. The averaging period of pensionable earnings shall be the best sixty (60) months, not necessarily consecutive, of the one hundred and twenty (120) consecutive months prior to the members date of the determination. The averaging period of pensionable earnings shall be the better of the sixty (60) months, not necessarily consecutive, of the one hundred and twenty (120) consecutive months prior to the member’s date of determination or the best five (5) consecutive calendar years of continuous service. *XXX: Variable Pay and the Employee Development and Review Program As Allstream operates in a competitive and dynamic industry, it is essential that all employees contribute to our overall success. This success is measured through our ability to meet and exceed our financial targets and Customer Satisfaction measures. In order to ensure that the combined efforts of all employees achieve the desired outcome, the Company is implementing a new program that measures and rewards the contribution of individuals in relation to their accountability. The program will measure individual contribution outcomes based on performance and leadership attributes that impact the overall success of the Company. The process requires: • Establishment of Accountability • Employee Performance & Development Review Process • Application of Variable Pay Program Employees will work with their manager to establish their accountability statement and the related outcome measurements. These statements help define how the bargaining unit employee contributes to the success of the Company. Individual accountabilities will vary across different functional groups. To support the competitive success of Allstream, eight leadership attributes under the category of “leading change” have been identified as critical behaviours necessary to support and achieve the Company’s vision and values. These values are: • Having a passion for customers • Being agile and having a “can-do” spirit • Acting quickly and decisively • Constantly learning • Being competitive • Working together • Challenging the status quo • Doing the right thing The Company will provide training on the EPDR process to all employees All Bargaining Unit employees will be required to participate in the Corporate Employee Performance and Development Review Program and the Variable Pay Program, which will be adminis...
Averaging Period. The period used for determining an Employee's Average Compensation for target benefit plans.
