Competitive Pay Adjustments Sample Clauses

Competitive Pay Adjustments. In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, effective October 1, 2020, all eligible employees shall receive a pay adjustment of 3.0 percent (3%) based on the employees’ September 30, 2020, base rate of pay. The minimum annual increase shall be $1,000.
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Competitive Pay Adjustments. (A) In accordance with the 2018-2019 General Appropriations Act, Section 8, effective July 1, 2018, all eligible law enforcement officers shall receive a competitive pay adjustment of seven percent (7%) to the employee’s June 30, 2018, base rate of pay. (B) In accordance with the 2018-2019 General Appropriations Act, Section 8, effective July 1, 2018, all eligible law enforcement officers shall receive a special pay adjustment of three percent (3%) to the employee’s June 30, 2018, base rate of pay. To be eligible for this special salary adjustment, the law enforcement officer must have completed at least 10 years of state service as a law enforcement officer by July 1, 2018.
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Competitive Pay Adjustments. In accordance with Senate Bill 7022, a competitive pay adjustment shall be provided to eligible full-time and part-time employees who meet their required performance standards. (A) Eligible employees with a base rate of pay of $40,000 or less on September 30, 2017, shall receive an annual increase of $1,400 to their base rate of pay effective October 1, 2017. (B) Eligible employees with a base rate of pay greater than $40,000 on September 30, 2017, shall receive an annual increase to their base rate of pay of $1,000 effective October 1, 2017; provided, however, in no instance shall such an employee’s base rate of pay be increased to an annual amount less than $41,400.
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Competitive Pay Adjustments. In accordance with Senate Bill 7022, effective July 1, 2017, all eligible employees shall receive a competitive pay adjustment of five percent (5%) to the employee’s June 30, 2017 base rate of pay.
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Competitive Pay Adjustments. In accordance with Senate Bill 7022, effective July 1, 2017, all eligible employees shall
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Competitive Pay Adjustments. (A) In accordance with the authority provided in the Fiscal Year 2019-2020 General Appropriations Act, effective July 1, 2019, each eligible Institutional Security Specialist shall receive a competitive pay adjustment of $2,500 to the employee’s June 30, 2019 base rate of pay. Eligible employees are those employed by the Agency for Persons with Disabilities or Department of Children and Families in the following classifications: • Institutional Security Specialist I (8237); • Institutional Security Specialist II (8238); and • Institutional Security Specialist Shift Supervisor (8240). (B) In accordance with the authority provided in the Fiscal Year 2019-2020 General Appropriations Act, effective July 1, 2019, each eligible correctional probation officer shall receive a competitive pay adjustment of $2,500 to the employee’s June 30, 2019 base rate of pay. Eligible employees are those employed by the Department of Corrections in the following classifications: • Correctional Probation Officer (8036); • Correctional Probation Officer - Institution (8037); • Correctional Probation Senior Officer (8039); • Correctional Probation Specialist (8040); • Correctional Probation Senior Officer - Institution (8041); • Correctional Probation Supervisor (8045); and • Correctional Probation Senior Supervisor (8046).
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Competitive Pay Adjustments. In accordance with Senate Bill 7022, a competitive pay adjustment shall be provided to eligible full-time and part-time employees who meet their required performance standards. (A) Eligible employees with a base rate of pay of $40,000 or less on September 30, 2017, shall receive an annual increase of $1,400 to their base rate of pay effective October 1, 2017. (B) Eligible employees with a base rate of pay greater than $40,000 on September 30, 2017, shall receive an annual increase to their base rate of pay of $1,000 effective October 1, 2017; provided, however, in no instance shall such an employee’s base rate of pay be increased to an annual amount less than $41,400. (C) Eligible employees are those in the following classifications:  Correctional Probation Officer (8036)  Correctional Probation Officer – Institutions (8037)  Correctional Probation Senior Officer (8039)  Correctional Probation Specialist (8040)  Correctional Probation Senior Officer – Institutions (8041)  Correctional Probation Supervisor (8045)  Correctional Probation Senior Supervisor (8046)  Institutional Security Specialist – NAT (8236)  Institutional Security Specialist I (8237)  Institutional Security Specialist II (8238)  Institutional Security Specialist Shift Supervisor (8240)
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Competitive Pay Adjustments. In accordance with the authority provided in Section 8 of the 2018-2019 General Appropriations Act, employees within the Department of Agriculture and Consumer Services, Department of Military Affairs, or Department of Children and Families shall receive a competitive pay adjustment of $2,500 to their base rate of pay effective July 1, 2018. The competitive pay adjustment shall be provided to eligible full-time and part-time employees in one of the classifications listed below who meet their required performance standards. • Firefighter (Class Code 6411) • Firefighter Supervisor (Class Code 6412) • Forest Ranger (Class Code 7609) • Senior Forest Ranger (Class Code 7610 • Firefighter Rotorcraft Pilot (Class Code 6577) • Single Engine Reciprocal Aircraft Pilot (Class Code 6570) • Multi-engine Reciprocal Aircraft Pilot (Class Code 6568)
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Related to Competitive Pay Adjustments

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • SALARY STEP PLAN AND SALARY ADJUSTMENTS Appointments to positions in the City and County service shall be at the entrance rate established for the position except as otherwise provided herein.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Royalty Adjustments The following adjustments shall be made, on a Licensed Product-by-Licensed Product and country-by-country basis, to the royalties payable pursuant to this Section 5.5:

  • Contract Term Adjustment “Contract Term Adjustment” means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.

  • Incremental Term Loans (a) The Borrower shall have the right from time to time during the term of this Agreement, and subject to the terms and conditions set forth in this Section 2.17, to request in writing incremental term loans (the “Incremental Term Loans”) be made under this Agreement by Incremental Term Lenders pursuant to one or more Incremental Term Loan Agreements. Such notice to the Administrative Agent shall set forth the date on which such Incremental Term Loans are requested to be made (which shall not be less than three (3) Business Days nor more than 60 days after the date of such notice (which time periods may be modified or waived at the discretion of the Administrative Agent)) and include the applicable completed Incremental Term Loan Agreement for such Incremental Term Loans as an attachment thereto; provided that, notwithstanding anything to the contrary contained herein or in any Incremental Term Loan Agreement, such Incremental Term Loans shall mature on the Maturity Date, shall not require any mandatory prepayments thereof and shall not amortize. In connection with any such request, the consent of the Administrative Agent shall be required (such consent not to be unreasonably withheld, conditioned or delayed), but no consent of any Lender (other than any Lender providing an Incremental Term Loan pursuant to such request) is required to be obtained. (b) Any such Incremental Term Loans shall be made, at the option of the Borrower, by (x) one or more existing Lenders and/or (y) one or more financial institutions that is not an existing Lender (any such Lender or financial institution referred to in this Section 2.17(b) being called an “Incremental Term Lender”); provided that any such non-existing Lender or financial institution (A) must be an Eligible Assignee, (B) must have an Incremental Term Loan of at least $5,000,000 unless otherwise agreed to by the Administrative Agent and the Borrower and (C) must become an Incremental Term Lender under this Agreement by execution and delivery of an Incremental Term Loan Agreement; provided, further, that no Lender shall be required to become an Incremental Term Lender and any Lender or financial institution approached to provide an Incremental Term Loan may elect or decline, in its sole discretion, to provide such Incremental Term Loan. (c) The Borrower and each Incremental Term Lender that has agreed to provide an Incremental Term Loan pursuant to such request shall execute and deliver to the Administrative Agent an Incremental Term Loan Agreement and such other documentation as the Administrative Agent shall reasonably specify to provide for the requested Incremental Term Loans. (d) Notwithstanding the foregoing, no Incremental Term Loan Agreement shall become effective and no Incremental Term Loans shall be provided under this Section 2.17 unless: (i) no Default or Event of Default shall exist at the time of the request or at the time of the making of the proposed Incremental Term Loans; (ii) all conditions precedent for a Borrowing set forth in Section 4.02 have been satisfied; (iii) the Borrower shall have provided Incremental Term Loan Cash Collateral as required pursuant to Section 6.10 hereof and the Administrative Agent shall have received copies of the Collateral Documents or any amendments thereto that the Administrative Agent shall deem reasonably necessary, signed, to the extent applicable, by each of the parties thereto (or, in the case of any party as to which an executed counterpart shall not have been received, receipt by the Administrative Agent of telegraphic, telecopy, electronic communication or other written confirmation from such party of execution of a counterpart thereof by such party), in each case in form and substance reasonably satisfactory to the Administrative Agent; (iv) the Administrative Agent shall have received customary legal opinions, resolutions and closing certificates and other documentation as it shall reasonably request, in each case in form and substance reasonably satisfactory to the Administrative Agent; and (v) to the extent requested by any Incremental Term Lender making an Incremental Term Loan, the Borrower shall have executed and delivered Incremental Term Notes in favor of such Incremental Term Lenders evidencing such Incremental Term Loans.

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • Salary Increases The Employer agrees to pay the negotiated salary increases to every employee not later than the month following the month in which this Agreement is signed and not later than the month following the month in which any subsequent salary increases become effective.

  • Increased LIBO Rate Loan Costs, etc The Borrower agrees to reimburse each Lender and each Issuer for any increase in the cost to such Lender or Issuer of, or any reduction in the amount of any sum receivable by such Secured Party in respect of, such Secured Party’s Commitments and the making of Credit Extensions hereunder (including the making, continuing or maintaining (or of its obligation to make or continue) any Loans as, or of converting (or of its obligation to convert) any Loans into, LIBO Rate Loans) that arise in connection with any change in, or the introduction, adoption, effectiveness, interpretation, reinterpretation or phase-in after the Restatement Effective Date of, any law or regulation, directive, guideline, decision or request (whether or not having the force of law) of any Governmental Authority, except for such changes with respect to increased capital costs and Taxes which are governed by Sections 4.5 and 4.6, respectively. Each affected Secured Party shall promptly notify the Administrative Agent and the Borrower in writing of the occurrence of any such event, stating the reasons therefor and the additional amount required fully to compensate such Secured Party for such increased cost or reduced amount. Such additional amounts shall be payable by the Borrower directly to such Secured Party within five Business Days of its receipt of such notice, and such notice shall, in the absence of manifest error, constitute prima facie evidence thereof and shall be binding on the Borrower.

  • Successive Adjustments After an adjustment to the Conversion Rate under this Article 11, any subsequent event requiring an adjustment under this Article 11 shall cause an adjustment to the Conversion Rate as so adjusted.

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