Collective Agreement Bonus Sample Clauses

Collective Agreement Bonus. You qualify for a Collective Agreement Bonus. The agreements on the Collective Agreement Bonus are shown in the appendices. Until January 1, 2014 appendix 2 applies. As of January 1, 2014 appendix 2A applies. This means that the setting of the Collective Agreement Bonus in 2014 in relation to the year 2013 takes place on the basis of appendix 2 and the setting of the Collective Agreement Bonus in 2015 in relation to the year 2014 takes place on the basis of appendix 2A. The table below shows the percentages achievable, if you meet the agreed targets and your appraisal score is ‘good’ or ‘successful’. Standard CA Bonus 6.75% Special CA Bonus 12.25%
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Collective Agreement Bonus. 1 Up to 1 January 2015, you qualify for a Collective Agreement Bonus or Special Collective Agreement Bonus. As of this date, this scheme lapses and either the KPN Plan or, on the basis of Article 8.1 section 2, the KPN Service Plan, applies to you. Appendix 1B contains the arrangements agreed for the Collective Agreement Bonus. The table below shows the percentages achievable, if you meet the agreed collective targets and your appraisal score is ‘successful’. Standard Collective Agreement Bonus 6.75% Special Collective Agreement Bonus 12.25% 2 Are you placed in the General group as a result of the lapse of Chapters 13 or 14 as of 1 November 2014, or will you be employed by KPN Contact BV in November or December 2014 and will you be placed in the General group? Then the following applies instead of section 1. The Collective Agreement Bonus as referred to in section 1 does not apply to you. Do you fall within the Bee the Best scheme as applied within KPN Contact? Up to 1 January 2015 this continues to apply to you and as from that date the scheme lapses and is replaced by the KPN Plan.
Collective Agreement Bonus. You qualify for a Collective Agreement Bonus or Special Collective Agreement Bonus. Appendix 1B contains the arrangements agreed for the Collective Agreement Bonus. The table below shows the percentages achievable, if you meet the agreed collective targets and your appraisal score is ‘successful’. Standard Collective Agreement Bonus 8.25% Special Collective Agreement Bonus 13.75%
Collective Agreement Bonus. As at 1 January 2015 this Appendix lapses.
Collective Agreement Bonus. All provisions of Chapter 9 (Employment conditions applicable specifically to employees placed in the IT group) All provisions of Chapter 10 (Employment conditions applicable specifically to employees placed in the Retail group) All provisions of Chapter 11 (Employment conditions applicable specifically to employees placed in the Sales group) All provisions of Chapter 12 (Employment conditions applicable specifically to employees placed in the Strategic Recruitment group) All provisions of Chapter 13 (Employment conditions applicable specifically to employees placed in the KPN Contact group (direct employees at KPN Contact BV)) 2 The following appendices in this Collective Agreement do not apply to you: Appendix 1 Payplan Appendix 2 Collective Agreement Bonus (applicable until January 1, 2014) Appendix 2A Collective Agreement Bonus (applicable as of January 1, 2014) Appendix 6 Pre-pension transitional provisions for employees born before January 1, 1950 Appendix 7 Transitional provisions for loss of prospect of pre-pension for employees born on or after January 1, 1950 Appendix 8 Voluntary early retirement scheme (VUT) Appendix 9 Transitional provisions for loss of prospect of early retirement for employees born on or after January 1 1950 Done accordingly and signed by parties in The Hague on June 27, 2013. For Koninklijke KPN N.V., Chief HR Officer Xxx Xxxxxxx For the trade unions, Abvakabo FNV in Zoetermeer, Xxxxx xxx Xxxxxx Qlix in Leidschendam, Xxxxxx Xxxxx CNV Publieke Zaak in Apeldoorn, Xxxxxxx Xxxxxxxxx VPP in The Hague, Gezina ten Hove Appendices 10 to 16 only apply to those employees categorised in one of the groups for which chapter 13 or chapter 14 applies. 1 Do you fall under this scheme?

Related to Collective Agreement Bonus

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Retirement Bonus 22:01 Employees retiring in accordance with the following:‌ (a) Retire at age sixty-five (65) years; or (b) Retire after age sixty-five (65) years; or (c) Have completed at least ten (10) years continuous employment and retire after age fifty-five (55) years but before age sixty-five (65) years; (d) Employees who have completed at least ten (10) years continuous service with the Employer, whose age plus years of that service equal eighty (80); shall be granted retirement bonus on the basis of four (4) days per year of employment.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Special Bonus In addition to the Annual Base Salary and Annual Bonus payable as hereinabove provided, if the Executive remains employed with the Company or its affiliated companies through the first anniversary of the Effective Date, the Company shall pay to the Executive a special bonus (the "Special Bonus") in recognition of the Executive's services during the crucial one-year transition period following the Change of Control in cash equal to the sum of (A) the Executive's Annual Base Salary and (B) the Highest Annual Bonus. The Special Bonus shall be paid no later than 30 days following the first anniversary of the Effective Date.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

  • Separation Compensation In exchange for your agreement to the general release and waiver of claims and covenant not to sue set forth below and your other promises herein, the Company agrees to provide you with the following:

  • Bonus and Incentive Compensation Executive shall be entitled to equitable participation in incentive compensation and bonuses in any plan or arrangement of the Bank or the Company in which Executive is eligible to participate. Nothing paid to Executive under any such plan or arrangement will be deemed to be in lieu of other compensation to which Executive is entitled under this Agreement.

  • Employment Arrangements (a) Except as required by Law, Seller has no obligation, contingent or otherwise, under any employment agreement, collective bargaining or other labor agreement, any agreement containing severance or termination pay arrangements, retainer or consulting arrangements, or purchase plan or other employee contract or non-terminable (whether with or without penalty) arrangement with respect to any person employed by Seller in connection with the businesses operated at the Restaurants (including but not limited to district managers) (collectively “Subject Employees”). (b) Except as set forth on Schedule 2.11(b), within the last five (5) years Seller has not experienced any labor disputes, union organization attempts or any work stoppage due to labor disagreements. Except as set forth on Schedule 2.11(b), (i) Seller is in substantial compliance with all applicable Laws, including all Federal and state labor laws, rules and regulations, respecting employment and employment practices, terms and conditions of employment and wages and hours, and is not engaged in any unfair labor practice; (ii) there is no unfair labor practice, charge or complaint against Seller pending or threatened before the National Labor Relations Board; (iii) there is no labor strike, dispute, request for representation, slowdown or stoppage actually pending or threatened against or affecting Seller; (iv) no question concerning representation has been raised or is threatened respecting the employees of Seller; and (v) no grievance which might have an adverse effect on Seller or the conduct of its business nor any arbitration proceeding arising out of or under collective bargaining agreements is pending and no claims therefor exist. (c) Schedule 2.11(c) sets forth a true and complete list of (i) the names of all manager and assistant managers employed by Seller at the Restaurants as of the date hereof, including both salaried and hourly managers, the date such individuals were first employed by Seller, how long such individuals have been at the particular Restaurants and the salary or hourly wage payable to such persons; (ii) the names of all other persons employed by Seller at the Restaurants as of the date hereof, and the salary or hourly wage payable to each such person; and (iii) the total number of vacation days earned and/or accrued by all persons employed by Seller and the total monetary value of such accrued vacation for all such persons (“Accrued Vacation Pay”). As of the Closing, Seller shall have terminated all Subject Restaurant Employees and no additional payments shall be due and owing to any Subject Restaurant Employee with respect to any period prior to and including the Closing Date (except for any amount claimed by any Subject Restaurant Employee but which has being denied or contested by the Seller in good faith, which shall be an Excluded Liability) or amounts that Seller shall be obligated to pay (including, without limitation, payments relating to such employees' Accrued Vacation). Seller has complied with all requirements of the Worker Adjustment and Retraining Notification Act of 1988 and has not incurred, nor is reasonably expected to incur, any Losses under such Act. (d) Except as set forth on Schedule 2.11(d): (1) no charge against Seller or any of the employees of the Restaurants is pending before the Equal Employment Opportunity Commission, the National Labor Relations Board, or any other Governmental Authority responsible for the prevention of unlawful employment practices related to the Restaurants; (2) no actions relating to employment or loss of employment from Seller, directly or indirectly, are pending in any Governmental Authority and no such Actions have been threatened against Seller related to the Restaurants; and (3) no notice of intent of any Governmental Authority responsible for the enforcement of labor or employment regulations to conduct an investigation has been received, and no such investigation is in progress. (e) Each of the employees at the Restaurants is employed at will and may be terminated at any time by Seller without the payment of any severance or other penalty and without any requirement that any advance notice be given in connection with such termination. (f) The Accrued Vacation has been earned and accrued in the ordinary course of Seller's business consistent with past practices. (g) Seller is not, and has not been, a party to, bound by, or negotiating any collective bargaining agreement or other Contract with a union, works council or labor organization (collectively, "Union"), and there is not, and has not been, any Union representing or purporting to represent any employee of Seller, and no Union or group of employees is seeking or has sought to organize employees for the purpose of collective bargaining. There has never been, nor has there been any threat of, any strike, slowdown, work stoppage, lockout, concerted refusal to work overtime or other similar labor disruption or dispute affecting Seller or any employees of the Business. Seller has no duty to bargain with any Union.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Compensation; Employment Agreements; Etc Enter into or amend or renew any employment, consulting, severance or similar agreements or arrangements with any director, officer or employee of Metropolitan or its Subsidiaries, or grant any salary or wage increase or increase any employee benefit (including incentive or bonus payments), except (i) for normal individual increases in compensation to employees in the ordinary course of business consistent with past practice, (ii) for other changes that are required by applicable law, and (iii) to satisfy Previously Disclosed contractual obligations existing as of the date hereof.

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