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BUDGET FLEXIBILITY CLAUSE Sample Clauses

BUDGET FLEXIBILITY CLAUSE. Subject to the prior review and approval of the Grant Manager, line item shifts of up to a cumulative maximum of twenty-five thousand dollars ($25,000) or ten (10) percent of the annual Agreement total, whichever is less, may be made over the life of the Agreement. There must be a substantial business justification for any shifts made. Fund shifts which increase Indirect, Overhead or General Expense line items are prohibited. Line item shifts may be proposed / requested by either the State Water Board or Grantee in writing, and must not increase or decrease the total Agreement amount allocated. Any line item shifts must be approved by the Assistant Deputy Director of the Division of Financial Assistance, Cleanup Fund Branch, or his/her designee. If the Agreement is formally amended, any line item shifts agreed to by the parties must be included in the amendment.
Sample 1Sample 2
BUDGET FLEXIBILITY CLAUSE. A. Subject to the prior review and approval of the contract manager, line item shifts of up to $25,000 or 10% of the annual contract total, whichever is less, may be made up to a cumulative maximum of $25,000 or 10%, whichever is less, for all line item shifts over the life of the contract. B. There must be a substantial business justification for any shifts made. Fund shifts which increase Indirect, Overhead or General Expense line items are prohibited. C. Line item shifts may be proposed/requested by either the State Water Board or the Contractor in writing and must not increase or decrease the total contract amount allocated. Any line item shifts must be approved in writing by the Deputy Director of Water Quality, or his/her designee, and must be sent to Contracts Office within 10 days of approval for inclusion in the contract folder. D. If the contract is formally amended, any line item shifts agreed to by the parties must be included in the amendment.
Sample 1
BUDGET FLEXIBILITY CLAUSE. A. Subject to the prior review and approval of the Contract Manager, line item shifts of up to a cumulative maximum of $25,000 or 10% of the annual Agreement total, whichever is less, may be made over the life of the Agreement. There must be a substantial business justification for any shifts made. B. Line item shifts may be proposed / requested by either the Water Boards or the Contractor in writing, and must not increase or decrease the total Agreement amount allocated. Any line item shifts must be approved by the Deputy Director of the San Diego Regional Quality Control Board, or his/her designee, and must be sent to the Contracts Office within 10 days of approval for inclusion in the Agreement folder.
Sample 1

Related to BUDGET FLEXIBILITY CLAUSE

  • Individual Flexibility Arrangement 5.1 An Employer and Employee covered by this Agreement may agree to make an individual flexibility arrangement to vary the effect of terms of the Agreement if: (a) the arrangement deals with one or more of the following matters: (i) arrangements about when work is performed; (ii) overtime rates; (iii) allowances; (iv) leave loading; and (b) the arrangement meets the genuine needs of the Employer and Employee in relation to one or more of the matters mentioned in paragraph 5.1(a); and (c) the arrangement is genuinely agreed to by the Employer and Employee. 5.2 The Employer must ensure that the terms of the individual flexibility arrangement: (a) are about permitted matters under section 172 of the Act; and (b) are not unlawful terms under section 194 of the Act; and (c) result in the Employee being better off overall than the Employee would be if no arrangement was made. 5.3 The Employer must ensure that the individual flexibility arrangement: (a) is in writing; and (b) includes the name of the Employer and Employee; and (c) is signed by the Employer and Employee and if the Employee is under 18 years of age, signed by a parent or guardian of the Employee; and (d) includes details of: (i) the terms of this Agreement that will be varied by the arrangement; and (ii) how the arrangement will vary the effect of the terms; and (iii) how the employee will be better off overall in relation to the terms and conditions of their employment as a result of the arrangement; and (iv) states the day on which the arrangement commences. 5.4 The Employer must give the Employee a copy of the individual flexibility arrangement within 14 days after it is agreed to. 5.5 The Employer or Employee may terminate the individual flexibility arrangement: (a) by giving no more than 28 days written notice to the other party to the arrangement; or (b) if the Employer and Employee agree in writing - at any time.

  • Budget Contingency Clause A. It is mutually agreed that if the Budget Act of the current year and/or any subsequent years covered under this Agreement does not appropriate sufficient funds for the program, this Agreement shall be of no further force and effect. In this event, the State shall have no liability to pay any funds whatsoever to Contractor or to furnish any other considerations under this Agreement and Contractor shall not be obligated to perform any provisions of this Agreement. B. If funding for any fiscal year is reduced or deleted by the Budget Act for purposes of this program, the State shall have the option to either cancel this Agreement with no liability occurring to the State, or offer an agreement amendment to Contractor to reflect the reduced amount.

  • Flexibility Arrangements 10.1 The Employer and an Employee may agree to make an individual flexibility arrangement to vary a term of the Agreement if the arrangement: (a) only varies the effect of (i) clause 47 Parental Leave (ii) clause 44 Compassionate Leave (iii) clause 46 Jury Service (b) meets the genuine needs of the Employer and Employee in relation to the matter mentioned in clause 10.1 (a) above: (i) is genuinely agreed to by the Employer and Employee; and (ii) is not inconsistent with section 55 of the Fair Work Act. 10.2 The Employer must ensure that the terms of the individual flexibility arrangement: (a) are about permitted matters under section 172 of the Fair Work Act; (b) are not unlawful terms under section 194 of the Fair Work Act; and (c) result in the Employee being better off overall than the Employee would be if no arrangement was made. 10.3 The Employer must ensure that the terms of the individual flexibility arrangement: (a) is in writing; (b) includes the name of the Employer and the Employee; (c) is signed by the Employer and the Employee (if the Employee is under the age of 18, signed by a parent or guardian of the Employee; (d) includes details of: (i) the terms of this Agreement that will be varied by the arrangement; (ii) how the arrangement will vary the effect of the terms; (iii) how the Employee will be better off overall in relation to the terms and conditions of his or her employment as a result of the arrangement; and (iv) states the day on which the arrangement commences. 10.4 The Employer must give the Employee a copy of the individual flexibility arrangement within fourteen (14) days. 10.5 Upon request by the relevant Employee/s, the Employer must provide copies of all flexibility arrangements made under this clause to the Union/Union Delegate/Employee Representative. 10.6 The Employer or Employee may terminate the individual flexibility arrangement by giving not more than twenty-eight (28) days’ written notice to the other Party to the arrangement; or if the Employer and Employee agree in writing at any time.

Most Referenced Clauses

Most Referenced Definitions