Base Adjustment Sample Clauses

Base Adjustment. The Base Adjustment shall be equal to the annual percentage change (to the nearest tenth of a percentage point) in the most recently reported all-items Consumer Price Index (CPI) for Ontario, as published by Statistics Canada in CANSIM Table 326-0020, or such other series as may track this index from time to time. The annual percentage change shall be measured using the incremental percentage increase between the current year’s average CPI over the previous year’s average CPI. Should the CPI determined above be less than zero, the Base Adjustment will be deemed to be zero. In such circumstances the actual annual percentage change in CPI shall be applied as an offset against future Base Adjustments.
Sample 1Sample 2Sample 3See All (18)
AutoNDA by SimpleDocs
Base Adjustment. The Base Adjustment shall be equal to the Bank of Canada average annual all-Canada CPI / inflation rate (to the nearest tenth of a percentage point) for the period of time between April 1st and March 31st of the previous year, but not less than 2%. Should the CPI determined above be less than zero, the Base Adjustment will be deemed to be zero. In such circumstances the actual annual percentage change in CPI shall be applied as an offset against future positive Base Adjustments.
Sample 1Sample 2
Base Adjustment. The School shall set aside $45,000 in FY10 to be used for adjustments to the base salaries of bargaining unit position classifications jointly determined by the parties. Such position classifications shall include Medical Assistant and LPNII. On or about July 1, 2012, both parties agree to meet and confer to review base salaries and market data. The parties shall consider such internal and external salary comparability factors as they shall deem appropriate. External comparability shall include other state universities and local market conditions.
Sample 1
Base Adjustment. The base adjustment is defined as a negotiated increase that will be added to the current base salary resulting in a new base amount paid to each employee. All employees will receive the negotiated base adjustment based on their job classification.
Sample 1

Related to Base Adjustment

  • Fee Adjustment Fees as provided in this Agreement to be charged to residents of Joplin and the City pursuant to this Agreement may be adjusted based upon the AARC's change in costs subsequent to the previous adjustment. Any individual fee increases will be adjusted only to the extent of an increase in the Consumer Price Index (St. Louis -All Urban Consumers), utilizing the December 12 month period index from the previous year. If a fee increase request is in excess of the Consumer Price Index the city may request to review data on actual costs of each service if needed to document cost increases. In the event an adjustment to documented cost is warranted, AARC shall provide written notice thereof with supporting documentation, by no later than May 1 of each year. All increases shall be subject to annual appropriation by the Joplin City Council. City shall have thirty (30) days to review and request additional supporting documentation. In the event the parties are unable to agree to the cost adjustment, either party shall be entitled to terminate this Agreement as provided herein.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!