Common use of CONDITIONAL LUMP SUM PAYMENTS Clause in Contracts

CONDITIONAL LUMP SUM PAYMENTS. If all criteria set forth herein are met and no extraordinary unplanned expenses as set forth herein have occurred, then during each fiscal year of the term of this Agreement, the District shall pay each AFSCME represented employee on active and paid status at the time of the payment a lump sum payment which shall be calculated as set forth below but which shall not exceed one thousand dollars ($1,000) in any fiscal year. These calculations shall be made at the conclusion of each fiscal year and will be based on the data available on that date. Payment shall be made within sixty (60) days of the date of the calculation.

CONDITIONAL LUMP SUM PAYMENTS. If all criteria set forth herein are met and no extraordinary unplanned expenses as set forth herein have occurredoccurred then, then during each fiscal year of the term of this Agreement, the District shall pay each AFSCME represented employee bargaining unit member on active and paid status at the time of the payment a lump sum payment which shall be calculated as set forth below but which shall not exceed one thousand dollars ($1,000) in any fiscal year. These calculations shall be made at the conclusion of each fiscal year and will be based on the data available on that date. Payment shall be made within sixty (60) days of the date of the calculation.

CONDITIONAL LUMP SUM PAYMENTS. If all criteria set forth herein are met and no extraordinary unplanned expenses as set forth herein have occurredoccurred then, then during each fiscal year of the term of this Agreement, the District shall pay each AFSCME represented employee bargaining unit member on active and paid status at the time of the payment a lump sum payment which shall be calculated as set forth below below, but which shall not exceed one thousand dollars ($1,000) in any fiscal year. These calculations shall be made at the conclusion of each fiscal year and will be based on the data available on that date. Payment shall be made within sixty (60) days of the date of the calculation.