Earning Schedule Sample Clauses

Earning Schedule. (a) Subject to Sections 3(b) and 3(c), the RSUs subject to this Agreement will become earned and payable as follows, provided that the Participant has not incurred a Separation from Service prior to each such payment date: Payment Date Number of RSUs [ ] [ ]
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Earning Schedule. Full-time and part-time employees earn PTO according to the following schedule based upon their eligible hours during every two (2) week pay period. Eligible hours are all paid and low census hours up to a maximum of eighty (80)** hours a pay period from their date of hire. Provided, however, that low census hours will not count toward accrual of PTO or EIB if the total paid hours in a pay period exceeds a part-time employee’s regular status. HOURS OF SERVICE DAYS ACCRUAL RATE GRD FTHR RATE 0-2080 24 .093 .103 2081-4160 25 .097 .107 4161-8320 26 .101 .112 8321-18,720 32 .124 .137 18,721-31,200 37 .143 .158 31,201 or more 39 .150 .167 ** Accrual rate for regularly scheduled 12 hour shift RNs, up to 72 eligible hours per pay period
Earning Schedule. Through the date of Agreement ratification, full-time and part-time employees earn EIB from their date of hire at the rate of .03 hours for every eligible hour as defined in Section 9.2. Nurses grandfathered under 9.2.1 shall accrue EIB at the rate of .034 for every eligible hour up to a maximum of 72 eligible hours a pay period. The maximum amount of EIB which an employee may accumulate is six hundred fifty (650) hours. No further EIB accrual will occur after the date of Agreement ratification. All existing EIB accruals for then-current employees shall be frozen. Employees hired on or after the date of Agreement ratification will not accrue or participate in EIB.
Earning Schedule. 9.2.1 Nurses employed on the date of ratification. Full-time and part-time employees earn PTO and PTO-Safe Sick according to the following schedule based upon their eligible hours during every two (2) week pay period. Eligible hours are all paid and low census hours up to a maximum of eighty (80) hours** a pay period from their date of hire. PTO-Safe Sick will accrue at the rate of one (1) hour for every thirty (30) hours worked (0.034 hours per hour worked). Provided, however, that low census hours will not count toward accrual of PTO if the total paid hours in a pay period exceeds a part-time employee’s regular status. Hours of Service Days Accrual Rate GRD FTHR Rate 0-2080 24 .093 .103 2081-4160 25 .097 .107 4161-8320 26 .101 .112 8321-18,720 32 .124 .137 18,721-31,200 37 .143 .158 31,201 or more 39 .150 .167 **Accrual rate for regularly scheduled 12-hour shift RNs, up to 72 eligible hours per pay period. Appendix C shows accrual rates specific to PTO and PTO-Safe Sick.
Earning Schedule. No further EIB accrual will occur after January 25, 2016. All existing EIB accruals for then current employees shall be frozen. Employee hired on or after the date of Agreement ratification will not accrue or participate in EIB. Existing EIB accruals may continue to be used for all purposes currently allowed, as well as topping off to 100% of regular wages for short term disability or Washington Paid Family and Medical leave benefits, so long as the nurse remains continuously employed.

Related to Earning Schedule

  • Vesting Schedule Except as provided in Section 4, and subject to Section 5, the Restricted Stock Units awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted Stock Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs.

  • Vesting Schedules The vested interest of each Employee (who has an Hour of Service on or after January 1, 1989) in his Employer-derived account balance shall be determined on the basis of the following schedules:

  • Pricing Schedule 7.1. The Pricing Schedule sets out details of the pricing of the Services.

  • Vesting Schedule/Period of Restriction Except as provided in paragraphs 4 and 5, and subject to paragraph 7, the Performance Shares awarded by this Agreement shall vest in accordance with the vesting provisions set forth on the first page of this Agreement. Performance Shares shall not vest in the Employee in accordance with any of the provisions of this Agreement unless the Employee shall have been continuously employed by the Company or by one of its Subsidiaries from the Grant Date until the date the Performance Shares are otherwise scheduled to vest.

  • Exercisability Schedule No portion of this Stock Option may be exercised until such portion shall have become exercisable. Except as set forth below, and subject to the discretion of the Administrator (as defined in Section 2 of the Plan) to accelerate the exercisability schedule hereunder, this Stock Option shall be exercisable with respect to the following number of Option Shares on the dates indicated so long as the Optionee remains an employee of the Company or a Subsidiary on such dates: Incremental Number of Option Shares Exercisable* Exercisability Date _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ _____________ (___%) ____________ * Max. of $100,000 per yr. Once exercisable, this Stock Option shall continue to be exercisable at any time or times prior to the close of business on the Expiration Date, subject to the provisions hereof and of the Plan.

  • Performance-Based Vesting At the end of each Measurement Year, on the Measurement Date, the percentage of Shares set forth above shall be eligible to vest (the "Eligible Shares"). On each Measurement Date, 50% of the Eligible Shares shall become Vested Shares if at least 90% of the Target EBITDA amount was met for the prior Measurement Year. If more than 90% of the Target EBITDA amount was met for the prior Measurement Year, then the Eligible Shares shall become Vested Shares on a straight line basis such that an additional 5% of Eligible Shares shall become Vested Shares for each 1% that actual Consolidated Adjusted EBITDA exceeds 90% of the Target EBITDA amount.

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Vesting; Forfeiture Subject to the terms and conditions of this Agreement and provided that the Participant continues to provide services until the Vesting Date (as defined below):

  • Exercise Schedule This Option shall vest and become exercisable as to the number of Shares and on the dates specified in the exercise schedule at the beginning of this Agreement. The exercise schedule shall be cumulative; thus, to the extent this Option has not already been exercised and has not expired, terminated or been cancelled, the Optionee or the person otherwise entitled to exercise this Option as provided herein may at any time, and from time to time, purchase all or any portion of the Shares then purchasable under the exercise schedule. This Option may also be exercised in full (notwithstanding the exercise schedule) under the circumstances described in Section 8 of this Agreement if it has not expired prior thereto.

  • Modifications to the Award Agreement This Award Agreement constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Award Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the Company reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Section 409A or to otherwise avoid imposition of any additional tax or income recognition under Section 409A in connection to this Award of Restricted Stock Units.

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