Decision Communication and Effective Date of Pay Changes Sample Clauses

Decision Communication and Effective Date of Pay Changes. Human Resources' decision, with an explanation for the findings, will be provided to the employee with a copy to the department head within five (5) months of the date the complete audit request was submitted to the Human Resources Department. If it is found that there have been substantial and permanent changes to the essential and significant duties in the current job description, the job description will be revised, and a new analysis of salary placement will be conducted utilizing the SAFE system. If a salary change is recommended through the SAFE job evaluation system the pay action will be adjusted as of July 1 or January 1, whichever date follows the date the request is received in Human Resources. If the salary change results in placement at a lower salary range, the employee will retain pay but will not receive any further increases until the incumbent’s pay is within the new salary range for the position.
Sample 1
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Decision Communication and Effective Date of Pay Changes. ‌ Human Resources' decision, with an explanation for the findings, will be provided to the employee with a copy to the department head. If the decision supports reclassification and the decision is to upgrade, the pay action will be adjusted as of July 1 or January 1, whichever date follows the date the request is received in Human Resources. If the decision is to downgrade the position, the employee will retain pay but will not receive any further increases until the incumbent’s pay is within the salary range for the reclassified position.
Sample 1

Related to Decision Communication and Effective Date of Pay Changes

  • Procedure for Termination, Amendment, Extension or Waiver A termination of this Agreement pursuant to Section 7.01, an amendment of this Agreement pursuant to Section 7.03 or an extension or waiver of this Agreement pursuant to Section 7.04 shall, in order to be effective, require in the case of Parent, Sub or the Company, action by its Board of Directors.

  • Effective Date of Amendment This Amendment shall be deemed effective as of the date first written above, as if executed on such date.

  • Compensation Program Amendments Each of the Company’s compensation, bonus, incentive and other benefit plans, arrangements and agreements (including golden parachute, severance and employment agreements) (collectively, “Benefit Plans”) with respect to you is hereby amended to the extent necessary to give effect to provisions (1) and (2). For reference, certain affected Benefit Plans are set forth in Appendix A to this letter. In addition, the Company is required to review its Benefit Plans to ensure that they do not encourage senior executive officers to take unnecessary and excessive risks that threaten the value of the Company. To the extent any such review requires revisions to any Benefit Plan with respect to you, you and the Company agree to negotiate such changes promptly and in good faith.

  • Implementation of Corrective Action Plan After the Corrective Action Plan is finalized, the Purchasers shall use reasonable best efforts to implement the finalized Corrective Action Plan on the timeline set forth therein and provide periodic reports (as provided for therein) to the Sellers on the status of their implementation of the Corrective Action Plan.

  • Amendment, Etc No amendment, modification or waiver of any provision of this Indenture relating to any Guarantor or consent to any departure by any Guarantor or any other Person from any such provision will in any event be effective unless it is signed by such Guarantor and the Trustee.

  • EFFECTIVE DATE OF PLAN Stock Awards and Options may be granted under this Plan upon its adoption by the Board, provided that no incentive stock option will continue to be effective unless this Plan is approved by a majority of the votes entitled to be cast by the Stockholders, voting either in person or by proxy, at a duly held Stockholders’ meeting or by the consent of Stockholders owning more than fifty percent (50%) of shares of the Common Stock within twelve months of such adoption.

  • Modification; Amendment This Agreement may not be modified or amended except pursuant to an instrument in writing signed by the Company and each of the Purchasers.

  • Modification, Amendment and Waiver The authority of the Trustees hereunder to authorize the Trust to enter into contracts or other agreements or arrangements shall include the authority of the Trustees to modify, amend, waive any provision of supplement, assign all or a portion of, novate, or terminate such contracts, agreements or arrangements. The enumeration of any specific contracts in this Section 5.12 shall in no way be deemed to limit the power and authority of the Trustees as otherwise set forth in this Declaration of Trust to authorize the Fund to engage, contract with or make payments to such Persons as the Trustees may deem desirable for the transaction of the business of the Fund.

  • Section 409A Amendment The Award is intended to be exempt from Code Section 409A and this Award Agreement shall be administered and interpreted in accordance with such intent. The Committee reserves the right (including the right to delegate such right) to unilaterally amend this Award Agreement without the consent of the Participant in order to maintain an exclusion from the application of, or to maintain compliance with, Code Section 409A; and the Participant hereby acknowledges and consents to such rights of the Committee.

  • Coverage Changes and Effective Dates Subd. 1. When Coverage May be Chosen.

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