Compensation Allowable Sample Clauses
The 'Compensation Allowable' clause defines the types and limits of payments or reimbursements that a party is entitled to under a contract. It typically outlines which costs, expenses, or damages are eligible for compensation, such as direct costs incurred during performance or specific losses resulting from contract changes. By clearly specifying what compensation is permitted, this clause helps prevent disputes over payment and ensures both parties understand their financial rights and obligations.
Compensation Allowable. 1. The maximum compensation payable to any unit member under the PEP program is up to 1.5% of the unit member’s annual hourly teaching salary payable as soon as reasonably possible and in no event later than the first hourly payroll period following the conclusion of the school year.
2. The Director of Adult Education shall uniformly apply criteria developed by the committee which shall be reviewed by the Superintendent or his/her designee for final approval.