Back Pay Awards Sample Clauses

Back Pay Awards. Arbitration awards shall not be made retroactive beyond the 23 date of the occurrence or nonoccurrence upon which the grievance is based, that date being fifteen 24 (15) or less days prior to the initial filing of the grievance, unless the circumstances of the grievance 25 were not and could not have been known by the grievant.
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Back Pay Awards. Awarding of back pay by an arbitrator will be in accordance with the Back Pay Act.
Back Pay Awards. Each hour for which back pay, irrespective of mitigation of damages, is either awarded or agreed to by an Employer.
Back Pay Awards. Hours of Service described in Section 1.32.4 shall be credited to the Plan Year or Plan Years to which the back pay award or agreement pertains (rather than to the Plan Year in which the award, agreement or payment is made).
Back Pay Awards. If the arbitrator’s decision awards the payment of back wages covering the period of the employee’s separation from the Employer’s payroll, the amount so awarded shall be less any unemployment compensation (unless the employee is required to return unemployment compensation payments) or earned wages from any other state, county, or municipal agency, and shall not include the assumption an employee would have worked overtime during the period of separation from the Employer’s payroll.
Back Pay Awards. The parties agree that any Arbitrator’s award of back pay shall be lessened by unemployment compensation or any other compensation received by the grievant during the period of termination prior to reinstatement.
Back Pay Awards. The provisions of this Section 16.9 shall apply only to an Employee or former Employee who becomes entitled to back pay by an award or agreement of an Employer without regard to mitigation of damages. For all purposes of the Plan, the Service and years of vested service of a person to whom this Section 16.9 applies for the period to which such award or agreement relates shall include the number of years, computed to the nearest 1/12th year, to which such award or agreement relates unless such years otherwise are included in his Service for such period under Section 2.4 and, as applicable, in his years of vested service for such period under Section 9.4. If a person to whom this Section 16.9 applies was or would have become an Employee during such period, and if any such person who had not previously become a Participant pursuant to Section 2.1 shall within 30 days of the date he receives notice of the provisions of this Section 16.9 make an election to become a Participant in accordance with such Section 2.1 (retroactive to any date as of which he was or has become eligible to do so), then any Tax Deferred Contributions or Taxable Employee Contributions which he previously had not made but which, after application of the foregoing provisions of this Section 16.9, he would have made under the provisions of Sections 4.1 and 4.4, if such Participant so elects, shall be made out of the proceeds of such back pay award or agreement. To the extent that any Tax Deferred Contributions are made in accordance with the provisions of the foregoing sentence, the Employers shall make Employer Matching Contributions for such Participant, in addition to any other Employer Contributions which would have been allocated to such Participant under the provisions of Article VII or Article X, as in effect during the period to which such Tax Deferred Contributions relate. If a person to whom this Section 16.9 applies would have been eligible for an allocation as of the last day of any prior Plan Year under Section 10.10 after application of the foregoing provisions of this Section 16.9, but no such allocation was made to him for the prior Plan Year, the Employers shall make an additional Employer ESOP Contribution equal to the amount that would have been so allocated to the Participant under Section 10.10 for the prior Plan Year. The amounts of such Tax Deferred Contributions, Taxable Employee Contributions, Employer Matching Contributions and Employer ESOP Contributions shall:
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Back Pay Awards. Awards will be paid within two (2) pay periods after the decision has been received unless the arbitrator’s ruling is being appealed by the University. The University will notify the Union if it intends to appeal.
Back Pay Awards. The provisions of this Section 21.9 shall apply only to an Employee or former Employee who becomes entitled to back pay by an award or agreement of an Employer without regard to mitigation of damages. If a person to whom this Section 21.9 applies was or would have been eligible to make an election under Section 3.3 after the Hours of Service applicable to such back pay award or agreement have been credited in accordance with the provisions of Article 2, and if such person shall make within 30 days of the date he receives notice of the provisions of this Section 21.9 an election under Section 3.3 (retroactive to any payroll period he was or has become eligible to do so), then any 401(k) Contributions which were not previously made but which, after application of the foregoing provisions of this Section 21.9, would have been made under the provisions of Section 5.1, if such Participant so elects, shall be made out of the proceeds of such back pay award or agreement. The amount of such additional contributions shall be credited to his 401(k) Account, Profit Sharing Contributions Account, and Annual Employer Contributions Account, as appropriate, if such person is a Participant when the award or agreement is made or becomes a Participant as a result of the provisions of this Section 21.9. Any additional contributions made by such Employer pursuant to this Section 21.9 shall be made in accordance with, and subject to the limitations of, Article 5 and 6. 117 - 112 -

Related to Back Pay Awards

  • Other Equity Awards Except as set forth in Sections 8(c)(ii) and 8(c)(iii), performance share awards and all other equity awards granted to the Executive by the Company which remain outstanding immediately prior to the date of termination of the Executive’s employment, as provided in Section 7(b), shall vest and be settled in accordance with their terms. The Company shall have no further obligations to the Executive as a result of termination of employment described in this Section 8(c) except as set forth in Section 12.

  • Equity-Based Awards For each calendar year during the Term, the Executive shall be eligible to participate in and receive equity-based awards under the Company’s 2014 Stock Incentive Plan, and any and all successor or replacement plans as may be determined by the Board or the Committee (collectively, “Incentive Plan”).

  • Stock-Based Awards The vesting of any stock-based compensation awards which constitute Section 409A Deferred Compensation and are held by the Executive, if the Executive is a Specified Employee, shall be accelerated in accordance with this Agreement to the extent applicable; provided, however, that the payment in settlement of any such awards shall occur on the Delayed Payment Date. Any stock based compensation which vests and becomes payable upon a Change in Control in accordance with Section 8(e)(i) shall not be subject to this Section 22(d).

  • Equity Awards You will be eligible to receive awards of stock options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.

  • Other Stock-Based Awards The Committee may grant types of equity-based or equity-related Awards not otherwise described by the terms of the Plan (including the grant or offer for sale of unrestricted Shares), in such amounts (subject to Article IV) and subject to such terms and conditions, as the Committee shall determine. Such Other Stock-Based Awards may involve the transfer of actual Shares to Participants, or payment in cash or otherwise of amounts based on the value of Shares and may include Awards designed to comply with or take advantage of the applicable local laws of jurisdictions other than the United States.

  • Awards (1) The tribunal, in its award, shall set out its findings of law and fact, together with the reasons therefore, and may, at the request of a Contracting Party, award the following forms of relief:

  • Stock Awards “Stock Awards” means all stock options, restricted stock and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof.

  • Restricted Stock Awards Each Restricted Stock Award shall be evidenced by a Restricted Stock Award Agreement, which shall comply with and be subject to the following terms and conditions:

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee.

  • Dividend Equivalent Rights In the event that the Company declares and pays a dividend in respect of its outstanding shares of Stock and, on the record date for such dividend, you hold Restricted Stock Units granted pursuant to this Agreement that have not been settled, the Company shall create a bookkeeping account that will track, (a) to the extent the dividend paid to stockholders generally was a cash dividend, the cash value you would have been entitled to receive as if you had been the holder of record of the number of shares of Stock related to the Restricted Stock Units that have not been settled as of the record date, or (b) to the extent the dividend paid to stockholders generally was paid in the form of property, the property you would have been entitled to receive as if you had been the holder of record of the number of shares of Stock related to the Restricted Stock Units that have not been settled as of the record date. All DER amounts credited to your bookkeeping account pursuant to this Section 3, if any, shall be deemed converted into shares of Stock on the date that the Restricted Stock Units vest (based on the Fair Market Value (as such term is defined in the Management Stockholder’s Agreement) of Stock on such date and rounded down to the nearest whole share of Stock) and paid to you in the form of additional shares of Stock on the date that the underlying Restricted Stock Units associated with such DER amounts are settled pursuant to Section 5 below. In the event that the Restricted Stock Units are forfeited to the Company without settlement to you, you will also forfeit any associated DER amounts. No interest will be payable with respect to DER amounts credited to your bookkeeping account, if any, that represent cash dividends. Property, if any, deemed credited to DER bookkeeping accounts representing dividends paid in property will be deemed invested in such property until the DER amounts are deemed converted to shares of Stock pursuant to this Section 3. The bookkeeping accounts, if any, created to track DER amounts are phantom accounts and the Company is under no obligation to set aside cash or property with respect to any DER amounts. Valuations made pursuant to this Section 3 (including any valuation of property deemed credited to a bookkeeping account) will be made by the Committee, or its designee, in its sole discretion and such valuation will be final and binding.

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