Common use of Career Bonus Clause in Contracts

Career Bonus. Effective June 15, 2015, employees shall be paid an annual career bonus, payable in a lump sum, in a check, upon completion of the required service, in accordance with the following schedule: Total University Service Annual Career Bonus (Computed from last date of hire) 5 through 9 years $225.00 10 through 14 years $325.00 15 years through 19 years $450.00 20 years and over $525.00

Career Bonus. Effective June 15, 2015, 2015 employees shall be paid an annual career bonus, payable in a lump sum, in a check, upon completion of the required service, in accordance with the following schedule: Total University Service Annual Career Bonus (Computed from last date of hire) 5 through 9 years $225.00 10 through 14 years $325.00 15 years through 19 years $450.00 20 years and over $525.00

Career Bonus. Effective June 15July 1, 2015, 1997 employees shall be paid an annual career bonus, payable in a lump sum, in a check, upon completion of the required service, in accordance with the following schedule: Total University Service Annual Career Bonus (Computed from last date of hire) 5 through 9 years (10,400-20,799 hours of continuous service) $225.00 10 through 14 years (20,800-31,199 hours of continuous service) $325.00 15 years through 19 years years(31,200-41,599 hours of continuous service) $450.00 20 years and over (all hours after 41,600) $525.00

Career Bonus. Effective June 15July 1, 2015, 1997 employees shall be paid an annual career bonus, payable in a lump sum, in a check, upon completion of the required service, in accordance with the following schedule: Total University Service Annual Career Bonus (Computed from last date of hire) 5 through 9 years (10,400-20,799 hours of continuous service) $225.00 10 through 14 years (20,800-31,199 hours of continuous service) $325.00 15 years through 19 years (31,200-41,599 hours of continuous service) $450.00 20 years and over (all hours after 41,600) $525.00