COMPENSATION PRINCIPLES Sample Clauses

COMPENSATION PRINCIPLES. A. Salary of full-time members of the Bargaining Unit shall be determined by the terms of this Agreement with respect to salary schedule, creditable experience, and credentials. The salaries of part-time members of the Bargaining Unit shall be the extra-contractual rate paid full-time teachers for like assignments for the appropriate step and lane on the regular teacher salary schedule, and such members shall advance on the salary schedule in the same way as full-time members of the Bargaining Unit. B. A teacher shall receive 1/26 annual contractual pay beginning with the first College pay date on or after August 16 in a given Contractual Year. A teacher will receive another 1/26 of annual contractual pay each of the next twenty-five (25) bi-weekly pay periods. C. For the purpose of computation of a day’s pay, 0.053 of a month’s pay shall be used. D. The Board shall pay on a current basis those monies earned for extra-pay for extra duties which are year-long in nature. Those responsibilities which are not year-long shall be paid for at the end of the activity involved. E. A teacher’s contractual pay will be paid over twelve (12) months on a bi-weekly basis, and a teacher’s extra-contractual pay will be paid bi-weekly on a current basis. Administration and the Union will agree an implementation date. F. The Board shall make all payroll deductions as required by law and such other deductions as may be agreed to by the parties. G. Salary errors shall be adjusted upon detection and made retroactive within legal limits. H. Teachers receiving advanced degrees shall be placed on the new lane of the salary schedule at the beginning of the semester which follows written notification to the Office of Human Resources of the accomplishment of the degree. It is expected that official verification of the awarding of the degree shall be forwarded to the Office of Human Resources within the first semester during which payment for the degree is provided. I. All 1650 part-time faculty who have teaching assignments shall be compensated at the prorated full-time contractual compensation base pay according to the following. J. A teacher in the ASSET or CISCO programs shall be advanced one lane on the salary schedule for every 940 hours of certification coursework successfully completed, provided such coursework is a requirement for teaching in the assigned discipline or specialty. Such lane advancement shall be limited to the Master’s, Master’s+30, and Master’s+60 lanes and sh...
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COMPENSATION PRINCIPLES. A. Step Placement and Rates of Pay 1. Rates of Pay on Promotions a. An employee will receive a minimum increase of fifty cents ($0.50) per hour unless such a raise would cause the maximum rate of the new classification to be exceeded. In addition, an employee may be granted more than fifty cents ($0.50) per hour based on education, experience, and difficulty to fill a position, providing the employee is not placed on a step that is higher than an SSA incumbent in that position. b. Promotions on or after March 1 but before July 1 will be treated as though the effective date of promotion is July 1st.
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COMPENSATION PRINCIPLES. (a) The Parties shall comply with their obligations in Part 3 (Land Compensation Principles) of Schedule 4 (Land Requirements). (b) Notwithstanding Project Co's right to access granted under clause 7.1(a), Project Co shall take reasonable measures to mitigate any sums payable by TfL pursuant to Part 3 (Land Compensation Principles) of Schedule 4 (Land Requirements).
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COMPENSATION PRINCIPLES. The Agency’s Estates Representatives will lead on negotiation with landowners and any other parties entitled to compensation under the powers under which a Scheme works are carried out. A regular update will be provided to the Council’s Estates Representative outlining key agreements and discussions. Agreed forecasts will be incorporated in the overall forecast Scheme costs for calculation of contribution levels on Scheme completion.
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COMPENSATION PRINCIPLES. A. Step Placement and Rates of Pay 1. Rates of Pay on Promotions a. An employee promoted to a higher paying classification will experience a position date change to the date of the promotion and advance to the pay step in the new classification which is nearest to the employee's previous pay step; provided that the employee will not receive less than a fifteen cent (15¢) per hour raise unless such a raise would cause the maximum rate of the new classification to be exceeded. b. For salary purposes only, employees promoted on or after July 1, but before September 1, will be treated as though their effective date of promotion was September 1 of the next academic year.
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COMPENSATION PRINCIPLES. CTS shall charge each CLIENT the fees and other amounts set forth in, and in accordance with, Exhibit B in exchange for the CTS Services provided to and used by CLIENT. CTS will bill CLIENT on a monthly basis for the previous month’s services. At the request of CLIENT, CTS will provide a report of services rendered during that prior month. Invoices for services are due within 30 days of the applicable invoice date. CLIENT agrees to pay all amounts owed to CTS when due. All amounts not paid when due shall bear interest at the rate of one and one-half percent (1.5%) per month or the maximum rate permitted by applicable law, whichever is less. If CLIENT fails to pay invoices in a timely manner consistent with the terms of this Agreement CTS reserves the right to interrupt services until all outstanding invoices are paid. Invoices will be sent to the CLIENT billing address shown in Exhibit B, or to such other address as CLIENT may specify by giving written notice as provided in Section 10.4. In the event CLIENT disputes any charges on the invoice, CLIENT will provide written notice to CTS which shall identify the disputed charges and CLIENT’s basis for such dispute, such charge will continue to be due and owing and shall be paid by CLIENT in accordance with the terms set forth above until such dispute is resolved. In the event an invoice is placed in the hands of an attorney for collection, CLIENT promises to pay CTS’s reasonable attorneys’ fees and/or any applicable collection costs if sent to collections, even though no suit or action is filed hereon; if a suit or action is filed, the amount of such reasonable attorney’s fees shall be fixed by the court or courts in which the suit or action, including any appeal therein is tried, heard or decided. The CTS fees set forth in Exhibit B is exclusive of all federal, state, local and foreign sales, use, excise, utility, gross receipts and value added taxes, surcharges and assessments, and the CLIENT agrees to pay all of such taxes, as set forth in the applicable invoice, provided that the CLIENT shall have no obligation to pay any taxes based on the income of CTS.
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COMPENSATION PRINCIPLES. All compensation programme design, determination and administration are guided by the following principles:
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COMPENSATION PRINCIPLES. A. Step Placement and Rates of Pay 1. Rates of Pay on Promotions a. An employee promoted to a higher paying classification will experience a position date. b. An employee will receive a minimum increase of fifty cents ($0.50) per hour unless such a raise would cause the maximum rate of the new classification to be exceeded. In addition, an employee may be granted more than fifty cents ($0.50) per hour based on education, experience, and difficulty to fill a position, providing the employee is not placed on a step that is higher than a SSA incumbent in that position. c. Promotions on or after May 1 but before July 1 will be treated as though the effective date of promotion is July 1st.
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COMPENSATION PRINCIPLES. All compensation, including Funding, Incentives and Penalties are set out in Schedule C which may be revised and replaced as agreed to by the parties acting reasonably.
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Related to COMPENSATION PRINCIPLES

  • Basic Principles The Electrical Contractor and the Union have a common and sympathetic interest in the Electrical Industry. Therefore, a working system and harmonious relations are necessary to improve the relationship between the Employer, the Union and the Public. Progress in industry demands a mutuality of confidence between the Employer and the Union. All will benefit by continuous peace and by adjusting any differences by rational common-sense methods.

  • XXXXXXXX FAIR EMPLOYMENT PRINCIPLES In accordance with the XxxXxxxx Fair Employment Principles (Chapter 807 of the Laws of 1992), the Contractor hereby stipulates that the Contractor either (a) has no business operations in Northern Ireland, or (b) shall take lawful steps in good faith to conduct any business operations in Northern Ireland in accordance with the XxxXxxxx Fair Employment Principles (as described in Section 165 of the New York State Finance Law), and shall permit independent monitoring of compliance with such principles.

  • Cost Principles The Subrecipient shall administer its program in conformance with 2 CFR Part 200, et al; (and if Subrecipient is a governmental or quasi-governmental agency, the applicable sections of 24 CFR 85, “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments,”) as applicable. These principles shall be applied for all costs incurred whether charged on a direct or indirect basis.

  • General Principles Each Party shall implement its tasks in accordance with the Consortium Plan and shall bear sole responsibility for ensuring that its acts within the Project do not knowingly infringe third party property rights.

  • General Interpretive Principles For purposes of this Agreement, except as otherwise expressly provided or unless the context otherwise requires: (a) the terms defined in this Agreement have the meanings assigned to them in this Agreement and include the plural as well as the singular, and the use of any gender herein shall be deemed to include the other gender; (b) accounting terms not otherwise defined herein have the meanings assigned to them in accordance with generally accepted accounting principles; (c) references herein to "Articles", "Sections", "Subsections", "Paragraphs", and other subdivisions without reference to a document are to designated Articles, Sections, Subsections, Paragraphs and other subdivisions of this Agreement;

  • Funding Principles A Party which spends less than its allocated share of the Consortium Budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Consortium Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

  • Governing Principles 1. The implementation of this Memorandum of Understanding shall in all aspects be governed by the Regulation and subsequent amendments thereof. 2. The objectives of the EEA Financial Mechanism 2014-2021 shall be pursued in the framework of close co-operation between the Donor States and the Beneficiary State. The Parties agree to apply the highest degree of transparency, accountability and cost efficiency as well as the principles of good governance, partnership and multi-level governance, sustainable development, gender equality and equal opportunities in all implementation phases of the EEA Financial Mechanism 2014-2021. 3. The Beneficiary State shall take proactive steps in order to ensure adherence to these principles at all levels involved in the implementation of the EEA Financial Mechanism 2014-2021. 4. No later than 31/12/2020, the Parties to this Memorandum of Understanding shall review progress in the implementation of this Memorandum of Understanding and thereafter agree on reallocations within and between the programmes, where appropriate. The conclusion of this review shall be taken into account by the National Focal Point when submitting the proposal on the reallocation of the reserve referred to in Article 1.11 of the Regulation.

  • Change in Accounting Principles If, after the date of this Agreement, there shall occur any change in GAAP from those used in the preparation of the financial statements referred to in Section 6.5 hereof and such change shall result in a change in the method of calculation of any financial covenant, standard or term found in this Agreement, either the Borrower or the Required Lenders may by written notice to the Lenders and the Borrower, respectively, require that the Lenders and the Borrower negotiate in good faith to amend such covenants, standards, and terms so as equitably to reflect such change in accounting principles, with the desired result being that the criteria for evaluating the financial condition of the Borrower and its Subsidiaries shall be the same as if such change had not been made. No delay by the Borrower or the Required Lenders in requiring such negotiation shall limit their right to so require such a negotiation at any time after such a change in accounting principles. Until any such covenant, standard, or term is amended in accordance with this Section 5.3, financial covenants shall be computed and determined in accordance with GAAP in effect prior to such change in accounting principles. Without limiting the generality of the foregoing, the Borrower shall neither be deemed to be in compliance with any financial covenant hereunder nor out of compliance with any financial covenant hereunder if such state of compliance or noncompliance, as the case may be, would not exist but for the occurrence of a change in accounting principles after the date hereof.

  • Principles The Trust will be governed by the employee representatives and the employer representatives, together with the Crown;

  • Operating Principles During the Term of a Site, Tower Operator shall manage, operate and maintain such Site (including with respect to the entry into, modification, amendment, extension, expiration, termination, structuring and administration of Ground Leases and Collocation Agreements related thereto), (i) in the ordinary course of business, (ii) in compliance with applicable Law in all material respects, (iii) in a manner consistent in all material respects with the manner in which Tower Operator manages, operates and maintains its portfolio of telecommunications tower sites and (iv) in a manner that shall not be less than the general standard of care in the tower industry. Without limiting the generality of the foregoing, during the Term of a Site, except as expressly permitted by the terms of this Agreement, Tower Operator shall not without the prior written consent of the AT&T Lessors (A) manage, operate or maintain such Site in a manner that would (x) diminish the expected residual value of such Site in any material respect or shorten the expected remaining economic life of such Site, in each case determined as of the expiration of the Term of such Site, or (y) cause such Site or a substantial portion of such Site to become “limited use property” within the meaning of Rev. Proc. 2001-28, 2001-1 C.B. 1156 (except, in the case of this clause (y), as required by applicable Law or any Governmental Authority), (B) structure any related Ground Lease in a manner such that the amounts payable thereunder are above fair market value during any period following or upon the expiration of the Term of such Site (without regard to any amounts payable prior to the expiration of the Term of such Site) or (C) structure any related Collocation Agreement in a manner such that the amounts payable thereunder are structured on an initial lump-sum basis (if such amounts payable are not capital contributions or other upfront payments for capital improvements to a Site related to the use of such Site by the collocator under such Collocation Agreement) or are otherwise less than fair market value during any period following or upon expiration of the Term of such Site (without regard to any amounts payable prior to the expiration of the Term of such Site), in each case unless otherwise expressly authorized by the terms and conditions of this Agreement and the Transaction Documents.

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