Compensation for an Clause Samples

Compensation for an advanced degree (or any change on the salary schedule) may become effective only on September l of each year following the granting of the degree. If advancement in salary column is contemplated, the teacher shall notify the Director of Human Resources in writing by the first Monday of November of the school year prior to when the teacher would be eligible for the column advancement in order that the necessary appropriation can be made. Substantiating data should be provided to the Director by September 1 of the school year in which the advancement would actually occur. All graduate credits for an advanced degree or for an advancement to a higher salary level, other than those earned as equivalency credits, must be earned through an accredited graduate program or other program approved by the Professional Growth Committee.
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Compensation for an advanced degree (or any change on the salary schedule) may become effective only on September l of each year following the granting of the degree. Draft - Awaiting SC 9/6/22 If advancement in salary column is contemplated, the teacher shall notify the Assistant Superintendent for Human Resources in writing by the first Monday of November of the school year prior to when the teacher would be eligible for the column advancement in order that the necessary appropriation can be made. This can be achieved by completing the Intent to Lane Change form, sent out by the administration each fall. Employees must submit their completed lane change application and packet of supporting documents by the first Monday in May. All coursework must be completed by August 31st of the school year in which the advancement would actually occur. Final substantiating data should be provided to the Professional Growth Council chair(s) by October 31 of the school year in which the advancement would actually occur. All graduate credits for an advanced degree or for an advancement to a higher salary level, other than those earned as equivalency credits, must be earned through an accredited graduate program or other program approved by the Professional Growth Council.
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Compensation for an advanced degree (or any change on the salary schedule) may become effective only on September l of each year following the granting of the degree. If advancement in salary column is contemplated, the teacher shall notify the Assistant Superintendent for Human Resources in writing by the first Monday of November of the school year prior to when the teacher would be eligible for the column advancement in order that the necessary appropriation can be made. This can be achieved by completing the Intent to Lane Change form, sent out by the administration each fall. Employees must submit their completed lane change application and packet of supporting documents by the first Monday in May. All coursework must be completed by August 31st of the school year in which the advancement would actually occur. Final substantiating data should be provided to the Professional Growth Council chair(s) by October 31 of the school year in which the advancement would actually occur. All graduate credits for an advanced degree or for an advancement to a higher salary level, other than those earned as equivalency credits, must be earned through an accredited graduate program or other program approved by the Professional Growth Council.
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Related to Compensation for an

  • Compensation for Overtime Assigned overtime is designated as those hours over the regular hours of work which are requested of the employee by management. Assigned overtime worked shall be paid at the rate of time and one-half (1 1/2).

  • Compensation of Executive (a) The Corporation shall pay the Executive as compensation for his services hereunder, in equal semi-monthly or bi-weekly installments during the Term, the sum of $350,000 per annum (as in effect from time to time, the “Base Salary”), less such deductions as shall be required to be withheld by applicable law and regulations. The Corporation shall review the Base Salary on an annual basis and has the right but not the obligation to increase it, but has no right to decrease the Base Salary. (b) In addition to the Base Salary set forth in Section 4(a) above, the Executive shall be entitled to receive an annual cash bonus (“Annual Bonus”) in an amount up to $100,000 if the Corporation meets or exceeds criteria adopted by the Compensation Committee of the Board (the “Compensation Committee”) for earning Bonuses, which criteria shall be adopted by the Compensation Committee annually after consultation with the Executive and which criteria must be reasonably likely to be attainable. Annual Bonuses shall be paid by the Corporation to the Executive promptly after the year end, it being understood that the Compensation Committee’s determinations concerning attainment of any financial targets associated with any bonus determination shall not be determined until following the completion of the Corporation’s annual audit, if any, but in no event later than April 15th of the year following the year for which it is being paid (and if the Executive was employed as of last day of the calendar year to which such Annual Bonus relates, then the Executive shall be entitled to the Annual Bonus for such year, even if he is not employed by the Corporation on the date the Annual Bonus is paid for such last year). The Compensation Committee may provide for lesser or greater percentage Annual Bonus payments for Executive upon achievement of partial or additional criteria established or determined by the Compensation Committee from time to time. For the avoidance of doubt, if Executive is employed upon expiration of the term of this Agreement, he shall be entitled to the Annual Bonus for such last year on a pro-rata basis through the last date of employment, even if he is not employed by the Corporation on the date the Annual Bonus is paid for such last year. In his sole discretion, the Executive may elect to receive such annual bonus in common stock of the Corporation at the basis determined by the Compensation Committee in good faith. (c) The Corporation shall pay or reimburse the Executive for all reasonable out-of-pocket expenses actually incurred or paid by the Executive in the course of his employment, consistent with the Corporation’s policy for reimbursement of expenses from time to time. (d) The Executive shall be entitled to participate in such pension, profit sharing, group insurance, hospitalization, and group health and benefit plans and all other benefits and plans, including perquisites, if any, as the Corporation provides to its senior executives, including group family health insurance coverage, which shall be paid by the Corporation (the “Benefit Plans”). If at any time during the Term, the Corporation does not provide its senior executives with health insurance (including hospitalization) under a Benefit Plan, Executive shall be entitled to secure such health insurance for himself and his immediate family (i.e., spouse and natural born children) and the Corporation shall reimburse Executive for the cost of such insurance promptly after payment by the Executive for such insurance. For the avoidance of doubt, Executive shall be entitled to secure health insurance from high quality companies such as Blue Cross/Blue Shield, United, or Emblem, and the ability to select a no or low deductible plan. If Executive secures such health insurance, such health insurance shall be deemed to be a Benefit Plan hereunder. (e) The Corporation shall execute and deliver in favor of the Executive an indemnification agreement on the same terms and conditions entered into with the other officers and directors of the Corporation. Such agreement shall provide for the indemnification of the Executive for the term of his employment and for a period of at least six (6) years thereafter. The Corporation shall maintain directors’ and officers’ insurance during the Term and for a period of at least six (6) years thereafter. (f) The Corporation shall also maintain (or hire, if applicable) a New York City based executive assistant to assist the Executive with his duties.

  • Developer Compensation for Emergency Services If, during an Emergency State, the Developer provides services at the request or direction of the NYISO or Connecting Transmission Owner, the Developer will be compensated for such services in accordance with the NYISO Services Tariff.

  • Compensation for Basic Services 6.1.1 Compensation for Basic Services as described in Section 3.1 and 3.2 shall be as set forth in Article 11.

  • Full Compensation Subrecipient agrees to accept the specified compensation as set forth in this Contract as full remuneration for performing all services and furnishing all staffing and materials required, for any reasonably unforeseen difficulties which may arise or be encountered in the execution of the services until acceptance, for risks connected with the services, and for performance by the Subrecipient of all its duties and obligations hereunder.