Common use of Downward Adjustment Clause in Contracts

Downward Adjustment. In the event that the pay range for a classification is adjusted downward pursuant to this Section 8.4 (Market-Based Adjustments), the pay rate of employees in that classification will remain unchanged. If the employee’s rate is over the maximum of the new range, the employee’s pay will be frozen and the employee will not receive any increase on base pay until the top of the new range has exceeded the frozen rate of pay.

Downward Adjustment. In the event that the pay range for a classification is adjusted downward pursuant to this Section 8.4 (Market-Based Adjustments)8.4, the pay rate of employees in that classification will remain unchanged. If the employee’s rate is over the maximum of the new range, the employee’s pay will be frozen and the employee will not receive any increase on base pay until the top of the new range has exceeded the frozen rate of pay.

Downward Adjustment. In the event that the pay range for a classification is adjusted downward pursuant to this Section 8.4 (Market-Based Adjustments)8.4, the pay rate of employees in that classification will remain unchanged. If the employee’s rate is over the maximum of the new range, the employee’s any pay will be frozen and adjustment for the employee will not receive any increase on base pay until be at the top recommendation of the new range has exceeded the frozen rate of payMarket-Based Wage Committee.