Contract Ratification Bonus Sample Clauses

Contract Ratification Bonus. If this negotiated agreement is ratified by the NTA membership by June 4, 2016, all NTA employees who are actively employed on May 25, 2016 will receive a contract ratification bonus of $1,500. If the contract is ratified after June 4, but before June 8, 2016, the contract ratification bonus will be $1,200. The bonus will be paid in June, 2016.
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Contract Ratification Bonus. Effective the first full pay period in July 2022, or the first full pay period after Council approval of this MOU, whichever is later, all employees shall receive a one-time, non-pensionable lump sum payment of one thousand dollars ($1,000).
Contract Ratification Bonus. Eligible GAs will receive a Contract Ratification Bonus Payment in the amount of $184, less regular payroll deductions and contributions, within sixty (60) calendar days following ratification.
Contract Ratification Bonus. Each bargaining unit employee who was on the payroll as of October 6, 2003, and is actively employed on the date of payment of this bonus, shall receive a contract ratification bonus, as follows: General Merchandise Clerks/Meat Clerks/Service Seafood/Head Delicatessen Operator/Bakery, Health & Beauty Aids & Household Hardware Clerks - All eligible employees shall receive thirty cents (30¢) for each hour for which the employee was compensated for the fifty-two (52) calendar weeks preceding October 6, 2003. This contract ratification bonus will be paid no later than thirty (30) days from March 1, 2004 to employees who are actively employed on that date or thirty (30) days from when an employee returns to work from an approved leave of absence or layoff. This provision will apply to employees on approved leave of absence or layoff at the time of reinstatement who are actively employed at the time payment is due. This payment also will be made no later than thirty (30) days following the expiration of the employee's recall rights under the terms of this Agreement.
Contract Ratification Bonus. 50.1 All full-time and part-time Employees who have successfully completed their probationary period as of the effective date of this Agreement shall be entitled to receive a contract ratification bonus equal to one percent (1%) of the gross W-2 wages paid to them during the period from March 8, 2020 through December 31, 2020. Such amount shall be payable as an additional wage payment payable with wages for the first payroll period to begin in 2021.
Contract Ratification Bonus. If the contract is ratified by midnight, March 20, 2022, a ratification bonus of two-thousand dollars ($2,000) subject to applicable withholdings will be paid on the March 31, 2022 pay date to all employees on the active payroll effective March 21, 2022, and those employees who return from layoff, leave of absence, Accident and Sickness, Workers’ Compensation, and Family Medical Leave between March 22, 2022 and March 17, 2023, and who remain on the active payroll for four (4) full consecutive weeks.
Contract Ratification Bonus. Each bargaining unit employee who was on the payroll as of October 6, 2003, and is actively employed on the date of payment of this bonus, shall receive a bonus, as follows: This contract ratification bonus will be paid no later than thirty (30) days from March 1, 2004 to employees who are actively employed on that date or thirty
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Contract Ratification Bonus. Each bargaining unit employee who was on the payroll as of the date of ratification, and is actively employed on the date of payment of this bonus, shall receive a contract ratification bonus, as follows:
Contract Ratification Bonus. Each bargaining unit employee who was on the payroll as of October 6, 2003, and is actively employed on the date of payment of this bonus, shall receive a bonus, as follows: This contract ratification bonus will be paid no later than thirty (30) days from March 1, 2004 to employees who are actively employed on that date or thirty (30) days from when an employee returns to work from an approved leave of absence or layoff. This provision will apply to employees on approved leave of absence or layoff at the time of reinstatement who are actively employed at the time payment is due. This payment also will be made no later than thirty (30) days following the expiration of the employee's recall rights under the terms of this Agreement.

Related to Contract Ratification Bonus

  • Incentive Payment 11.3.1 An employer may offer and an employee may accept an early retirement incentive based on the age at retirement to be paid in the following amounts Age at Retirement % of Annual Salary at Time of Retirement 11.3.2 An employer may opt to pay the early retirement incentive in three equal annual payments over a thirty-six (36) month period. 11.3.3 Eligible bargaining unit members may opt for a partial early retirement with a pro- rated incentive.

  • Annual Incentive Payment The Executive shall participate in the Company's Management Incentive Plan (or such alternative, successor, or replacement plan or program in which the Company's principal operating executives, other than the Chief Executive Officer, generally participate) and shall have a targeted incentive thereunder of not less than $240,000 per year; provided, however, that the Executive's actual incentive payment for any year shall be measured by the Company's performance against goals established for that year and that such performance may produce an incentive payment ranging from none to 200% of the targeted amount. The Executive's incentive payment for any year will be appropriately pro-rated to reflect a partial year of employment.

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid If you hold Plan accounts in an omnibus account (i.e., multiple Plans in one account on the books of the Funds), Plans that are added to the omnibus account after May 15, 2002 may invest only in R shares, and you must execute an Omnibus Addendum to the Selling Group Agreement, which you can obtain by calling our Home Office Service Team at 800/421-5475, extension 8.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Performance Bonus The Executive shall be eligible to receive an annual performance bonus, payable within sixty (60) days after the end of the fiscal year of the Employer, in an amount not to exceed twenty-five percent (25%) of the Executive's Base Salary for the applicable year. The amount, if any, shall be determined by the Board, or the appropriate committee thereof, and shall generally be based on a combination of organization-wide and individual performance criteria.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Incentive Payments The Settlement Fund Administrator will treat incentive payments under Section IV.F on a State-specific basis. Incentive payments for which a Settling State is eligible under Section IV.F will be allocated fifteen percent (15%) to its State Fund, seventy percent (70%) to its Abatement Accounts Fund, and fifteen percent (15%) to its Subdivision Fund. Amounts may be reallocated and will be distributed as provided in Section V.D.

  • Monthly Salary The words “monthly salary” when used in this Agreement shall mean: (Bi-weekly pay at regular rate of pay times 26.1) divided by 12 = monthly salary

  • Bonus Payment Executive will receive a lump-sum payment equal to one hundred fifty percent (150%) of the higher of (A) the greater of (x) Executive’s target bonus for the fiscal year in which the Change of Control occurs (as in effect immediately prior to the Change of Control) or (y) Executive’s target bonus as in effect for the fiscal year in which Executive’s termination of employment occurs, or (B) Executive’s actual bonus for performance during the calendar year prior to the calendar year during which the termination of employment occurs. For avoidance of doubt, the amount paid to Executive pursuant to this Section 3(b)(iii) will not be prorated based on the actual amount of time Executive is employed by the Company during the fiscal year (or the relevant performance period if something different than a fiscal year) during which the termination occurs.

  • Annual Performance Bonus During the Employment Term, the Executive shall be entitled to participate in the STIP, with such opportunities as may be determined by the Chief Executive Officer in his sole discretion (“Target Bonuses”), and as may be increased (but not decreased, except for across-the-board reductions generally applicable to the Company’s senior executives) from time to time, and the Executive shall be entitled to receive full payment of any award under the STIP, determined pursuant to the STIP (a “Bonus Award”).

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