Definition of Market Sample Clauses

Definition of Market. In April of each year, a review of market increases will be conducted. 22 If survey data indicates a market adjustment has occurred, a Selective Salary Adjustment Fund 23 (“Fund”) will be generated, with selective salary adjustments made no later than the first pay period 24 following July 1 of that year. The following process shall be followed in calculating the Fund. 26 • The Salary Increase Budget report from Xxxxxx US Compensation Planning Survey Report 27 (“Report”) will be used. Should this Report be discontinued or its methodology signifi- 28 cantly changed, a similar report will be used. No geographical adjustment shall be made to 29 this Report. The Fund amount will be equal to the Projected Salary Increase Budget for the 30 year in the Professional (Non-Sales) category. 32 • Once the fund percentage has been determined, the Fund shall be calculated by multiplying 33 the Fund Percentage by the total WTPU base salaries in February of the year of calculation.
Sample 1Sample 2Sample 3
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Definition of Market. In April of each year, a review of market increases will be conducted. If survey data indicates a market adjustment has occurred, a Selective Salary Adjustment Fund (“Fund”) will be generated, with selective salary adjustments made no later than the first pay period following July 1 of that year. The following process shall be followed in calculating the Fund. • The Salary Increase Budget report from Xxxxxx US Compensation Planning Survey Report (“Report”) will be used. Should this Report be discontinued or its methodology significantly changed, a similar report will be used. No geographical adjustment shall be made to this Report. The Fund amount will be equal to the Projected Salary Increase Budget for the year in the Professional (Non‐Sales) category. • Once the fund percentage has been determined, the Fund shall be calculated by multiplying the Fund Percentage by the total WTPU base salaries in February of the year of calculation. This Fund calculation shall be a minimum and the Company shall be free to increase the Fund due to unusual economic conditions. Likewise, the Union will consider a reduction in the Fund if merited by unusual economic conditions, but no such reduction may be made without Union approval.
Sample 1
Definition of Market. In April of each year, a review of market increases will be conducted. If 19 survey data indicates a market adjustment has occurred, a Selective Salary Adjustment Fund (“Fund”) 20 will be generated, with selective salary adjustments made no later than the first pay period following 21 July 1 of that year. The following process shall be followed in calculating the Fund. 22 • The Salary Increase Budget report from Xxxxxx US Compensation Planning Survey Report 23 (“Report”) will be used. Should this Report be discontinued or its methodology significantly 24 changed, a similar report will be used. No geographical adjustment shall be made to this 25 Report. The Fund amount will be equal to the Projected Salary Increase Budget for the year in 26 the Professional (Non-Sales) category.
Sample 1
Definition of Market. For purposes of this Agreement, the term “Market” shall mean Western Rivers of the United States excluding the Intra Coastal Waterway.
Sample 1
Definition of Market. For purposes of this Agreement, the term “Market” shall mean Intracoastal Waterway from Houston, TX including the Bay to the Port of Houston Houma, LA.
Sample 1
Definition of Market. In April of each year, a review of market increases will be conducted. If survey data indicates a market adjustment has occurred, a Selective Salary Adjustment Fund (“Fund”) will be generated, with selective salary adjustments made no later than the first pay period following July 1 of that year. The following process shall be followed in calculating the Fund. •• The SIRS High Technology Composite Salary BudgetsIncrease Budget report from Xxxxxx US Compensation Planning Survey Report (“Report”) will be used. Should the SIRS reportthis Report be discontinued or its methodology significantly changed, a similar report will be used. No geographical adjustment shall be made to this Report. The Fund amount will be equal to the Projected Salary Increase Budget for the year in the Professional (Non-Sales) category. • Three groupings in the Report shall be used in calculating a Fund amount: o Exempt o Non-Exempt – Office Clerical o Non-Exempt – Technical Support o Below is an example of how the Fund Percentage shall be calculated each year. Only for the purpose of illustrating this calculation, assume there were 1100 exempt employees and the SIRS report projected a 2.8% increase for exempt employees, there were 100 non-exempt office clerical employees and the SIRS Report projected a 2.7% increase, and there were 1100 non-exempt technical support employees and the SIRS Report projected a 3.1% increase, the Fund would be calculated in the following way: (((1100*0.028)+(100*0.027)+(1100*0.031))/2300)*100 = 2.9% • •• Once the fund percentage has been determined, the Fund shall be calculated by multiplying the Fund Percentage by the total WTPU base salaries in February of the year of calculation. This Fund calculation shall be a minimum and the Company shall be free to increase the Fund due to unusual economic conditions. Likewise, the Union will consider a reduction in the Fund if merited by unusual economic conditions, but no such reduction may be made without Union approval.
Sample 1

Related to Definition of Market

  • Definition of Market Price The market price for any security shall be (i) the market price for that security quoted at the close of the trading day effective on the Bank Closing Date as published electronically by Bloomberg, L.P., or alternatively, at the discretion of the Receiver, by IDC/Financial Times (FT) Interactive Data; (ii) provided that if such market price is not available for such security, the Assuming Institution will submit a written purchase price bid for such security within three days of notification/bid request by the Receiver (unless a different time period is agreed to by the Assuming Institution and the Receiver) and the Receiver, in its sole and absolute discretion, will accept or reject each such purchase price bid; (iii) further provided that in the absence of an acceptable bid from the Assuming Institution, or in the event that a security is deemed essential to the Receiver as determined by the Receiver in its discretion (see Section 3.6 Retention or Repurchase of Assets Essential to the Receiver) such security shall not pass to the Assuming Institution and shall be deemed to be an excluded asset hereunder and listed on Schedule 3.5(l).

  • Definition of Company Solely for purposes of this Article 6, the term "Company" also shall include any existing or future subsidiaries of the Company that are operating during the time periods described herein and any other entities that directly or indirectly, through one or more intermediaries, control, are controlled by or are under common control with the Company during the periods described herein.

  • Definition of Change of Control For purposes of this Agreement, a “Change of Control” will mean the first to occur of:

  • Specific Definitions The following terms used in this Agreement shall have the following meanings:

  • Definition of “Knowledge For purposes of the Loan Documents, whenever a representation or warranty is made to Borrower’s knowledge or awareness, to the “best of” Borrower’s knowledge, or with a similar qualification, knowledge or awareness means the actual knowledge, after reasonable investigation, of the Responsible Officers.

  • 1Definitions In addition to the terms defined elsewhere in this Agreement, for all purposes of this Agreement, the following terms have the meanings set forth in this Section 1.1:

  • Incorporation of Recitals; Definitions The foregoing recitals are incorporated herein. Capitalized terms not otherwise defined herein shall have the meaning given such terms in the Agreement.

  • Certain Definitions For purposes of this Agreement, the following terms have the meanings indicated:

  • Definition of Prevailing Market For purposes of this Extension Option, “Prevailing Market” shall mean the arms-length, fair-market, annual rental rate per rentable square foot under extension and renewal leases and amendments entered into on or about the date on which the Prevailing Market is being determined hereunder for space comparable to the Premises in the Building and office buildings comparable to the Building in the San Mateo, California area. The determination of Prevailing Market shall take into account any material economic differences between the terms of the Lease and any comparison lease or amendment, such as rent abatements, construction costs and other concessions, and the manner, if any, in which the landlord under any such lease is reimbursed for operating expenses and taxes. The determination of Prevailing Market shall also take into consideration any reasonably anticipated changes in the Prevailing Market rate from the time such Prevailing Market rate is being determined and the time such Prevailing Market rate will become effective under the Lease.

  • Definitions For purposes of this Agreement:

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