Chairs’ Remuneration. As of July 1, 2010 Chairs’ remuneration shall be seven thousand six hundred dollars ($7,600) added to their annual salary and paid over twenty-four (24) pay periods. Percentage increases negotiated to the salary grids shall be applied to the Chairs’ remuneration. After three (3) years of continuous service, an additional remuneration of two thousand five hundred dollars ($2,500) per year shall be paid to Chairs during their fourth (4th) and subsequent years. Chairs shall teach an average of at least one (1) credit course per semester. In exceptional circumstances, Chairs may not be required to teach. July 1, 2012 – June 30, 2014 Based on percentage increases negotiated to the salary grids, the annual base rates for payment of Chairs’ remuneration shall be as follows: Dates % Increase Up to 3 Years of Chair Service After 3 Years of Chair Service (Additional Amount) July 1, 2012 – December 31, 2012 2 $7,752 $2,550 January 1, 2013 – June 30, 2013 1 $7,830 $2,576 July 1, 2013 – December 31, 2013 1 $7,908 $2,602 January 1, 2014 – June 30, 2014 1 $7,987 $2,628
