Determination of Compensation Sample Clauses

Determination of Compensation. As used in this Agreement, the phrasecurrent annual rate of total compensation” means the sum of (i) the employee’s rate of annual base salary as in effect immediately prior to the Change of Control or his termination of employment, whichever is greater, (ii) the annual cash bonus last awarded to the employee immediately prior to the Change of Control or the most recent annual cash bonus awarded, whichever is greater, and (iii) the value of the annual Company equity awards received by the employee in the 12-month period preceding the Change of Control or in the 12-month period preceding his termination of employment, whichever period has the greater value of equity awards. In regards to cash bonuses and/or equity awards received pursuant to items (ii) and (iii) above, for purposes of this calculation, any special or one time cash bonuses or equity awards shall be excluded. In determining the value of an equity award for this purpose, the value of a phantom stock or restricted stock grant shall be equal to the number of phantom stock units or shares of stock, as the case may be, multiplied by the reported closing price per share of the stock on the date of grant of the award. The value of a stock option or stock appreciation rights grant shall be the Black-Scholes value of such award on its date of grant, utilizing the same input parameters as utilized by the Company in determining the proper expenses to record for such grant as required by FAS 123R, as verified by the Accounting Firm. No other items of compensation shall be considered for this purpose.
Determination of Compensation. On each vesting date set forth in Article II hereof, the value of the Compensation that vests on such date shall be determined as follows: the percentage of Compensation vesting multiplied by the greater of (i) $60,000 or (ii) 80,000 multiplied by the Fair Market Value per share of Common Stock on the applicable vesting date.
Determination of Compensation. For all regular, Basic Skills, and field-based experience courses, the course session lecture (theory), lab (guided practice), and field-based experience (LCC practicum) contact hour type and value as defined by the LCC Master Course Plan File and established for a specific class section shall be used for the purpose of computing adjunct compensation.
Determination of Compensation. The Parties must determine the compensation referred to in this Article 10 (Premature Termination). If the Parties cannot reach an agreement within 40 Working Days after termination of this Agreement, the compensation shall be determined in accordance with the provisions of Article 21 (Dispute Resolution).
Determination of Compensation. The party is entitled to compensation for a property dispossessed by operation of law. Determination of the amount of compensation is a consequence of negotiations conducted between the Investor and the current owner or perpetual usufructuary or person entitled to a limited property right. The amount of the compensation is determined by authorized property appraisers. The agreement shall be made in the form of a written agreement specifying both the amount of compensation and the date and methods of its payment. If no agreement is reached within 2 months from the date when the investment permit became final, the amount of compensation is determined by the province governor by means of a decision. The decision setting the compensation amount is issued by the province governor within 30 days of the date the above deadline expired. After the province governor has issued a decision determining the amount of compensation, the dissatisfied party is entitled to appeal to the minister competent for construction, spatial development and housing. Providing the documents to the province Should a party be dissatisfied with the ruling, it will also have the right to appeal to the Provincial Administrative Court (PAC). The PAC will examine whether the province governor and minister conducted the proceedings in an appropriate and fair manner. In case the decision by the PAC is also unsatisfactory to the parties, they have the right to file a complaint in cassation to the Supreme Administrative Court (SAC). The SAC will examine not only the correctness and legality of the proceedings conducted by the province governor and the minister, but also the decision made by the PAC. The Minister issues the decision Appeal to the Minister
Determination of Compensation. Non-certified employees covered by this contract shall be paid at an hourly rate based upon their classification as outlined in Sections 9.2 and 9.3 of this contract. Determination of the days to be worked and hours per day of each classification is outlined in Sections 9.5 – 9.7 of this contract. All pay will be computed per payroll as outlined in Section 8.2.
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Determination of Compensation. In an effort to pay all classified employees according to the tables set forth in Article IX of this contract the following method of calculating pay will be implemented: A. If an employee is hired after the effective date of this contract, July 1, 2013, he/she shall be paid an hourly rate and the resulting compensation according to the tables set forth in sections 9.3 – 9.8 within the contract. B. For all employees hired prior to the effective date of this contract, July 1, 2013, the following will be done: a. The hourly rate for pay for the upcoming school year will be determined according to the tables set forth in sections 9.3 – 9.8 of this contract. b. If this hourly rate is greater than the hourly rate the employee received the previous school year, then he/she shall receive the hourly rate according to the table. c. If this hourly rate is less than the hourly rate the employee received the previous school year, the employee will be paid the hourly rate for the previous school year plus an additional $0.35 per hour.
Determination of Compensation. The compensation to USPG for its Services as described in this Agreement shall be determined as described in Exhibit 3. 01.
Determination of Compensation. (1) In this section affected person means a person who is entitled to compensation in accordance with this Part. (2) Before agreeing an amount of compensation, the Minister must obtain the approval of the Solicitor-General to that amount. (3) If the affected person and the Minister agree the amount of compensation in writing, the compensation is that amount. (4) If the affected person and the Minister cannot agree the amount of compensation, the claim for compensation is to be determined in the same manner as a disputed claim for compensation under the Land Acquisition Act 1993 and, for that purpose (a) the certification given by the Forestry Corporation is taken to be a notice of acquisition, within the meaning of that Act; and (b) the amount of compensation to be determined is the amount referred to in section 12(2); and (c) the Crown is the acquiring authority. (5) Any compensation that an affected person receives under this section extinguishes any claim that the affected person would otherwise have had against the Forestry Corporation in respect of the matters to which the compensation relates. (6) An affected person and the Forestry Corporation are taken to be discharged from the performance of their respective obligations under a wood supply contract to the extent that the non-performance of those obligations is taken into account in agreeing or determining the compensation payable to the affected person in accordance with this section.
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