Employees' Compensation The Consultant shall be solely responsible for the following:
Employees; Benefits Employer agrees that any and all benefits that were provided to the Employee shall continue until _________________, 20____. In addition, the Employer shall assist the Employee in the transfer, change, or termination to any employment benefits, including, but not limited to, health insurance plans, dental insurance plans, vision insurance plans, life insurance plans, disability insurance, childcare benefits, wellness programs, retirement plans, government assistance programs, and/or any other program or benefit that was readily accessible and being used by the Employee.
HOURS OF EMPLOYMENT 6.1 The employee shall be on duty at the school at least thirty (30) minutes prior to the beginning of the first student period. If assigned a pre-period, the employee must arrive 30 minutes prior to the pre-period.
6.2 Kindergarten teachers shall have the same school hours as other teachers in their school.
6.3 Middle school teachers shall have one (1) unassigned instructional period per day set aside for planning. This period shall be equivalent to one normal class period.
6.4 Elementary Art, Music, and PE teachers shall be provided 45 minutes a week of preparation time.
6.5 Every employee shall be entitled to one duty-free lunch period per day of not less than thirty (30) consecutive minutes. Each employee shall also be allowed two (2) relief periods (recesses) each day even when serving on yard duty. A preparation period is considered a relief period.
6.6 The unit member shall attend one faculty meeting each week if scheduled by the principal, and the employee shall be provided with an agenda prior to such meetings. Unit members may be permitted to place items on the agenda. One (1) day per week, unit members shall be required to attend until 4:45 p.m. if a meeting is called. These meetings may include minimum day in-service, faculty meetings and other meetings as prescribed by the administrator in charge. On the Wednesday preceding issuance of report cards/progress reports, unit members will be released from weekly faculty meetings to work on the issuance of such cards/reports. Unit members shall not be released from weekly faculty meetings on any week during which a non-instructional, teacher work day is scheduled.
6.7 Planning and preparation time shall be used for planning, preparation, and conferencing with parents, pupils and other teachers or administrators.
6.8 Employees shall participate in student extra-curricular activities, on a voluntary basis, such as student dances, music performances, athletic events, etc. If there are no volunteers, the principal will appoint staff members. In no event shall an employee be required to participate in more than two (2) extra-curricular assignments per year. It shall be the responsibility of the principal to allocate assignments in an equitable manner.
6.9 Employees shall participate in duties as assigned by the principal such as "Back to School Night" and "Open House” and “Kindergarten Orientation.” The District shall make every effort to schedule Open House on a minimum day so unit members will have a greater opportunity to prepare information and materials for meeting parents. The employee has the obligation to participate in meetings pertinent to but not limited to, parent-teacher conferences, principal–teacher conferences, 504 meetings, IEP meetings, and curriculum work.
6.10 During the hours of employment, employees shall perform those duties normally associated with certificated employees as assigned by the principal. To the extent possible, each site will set aside one or more days per month for IEP meetings. Certificated staff will be released from class during contract time to attend such meetings. Every effort will be made to schedule IEP meetings and 504 meetings during the school day. However, if parent, teacher, or service provider scheduling requires an after school meeting, a seven (7) calendar day advance notice will be given to all participants in the absence of exigent circumstances.
6.11 Certificated staff will be released from class during contract time to attend such meetings. There shall be a minimum day one (1) day per week to allow time after students are dismissed for working on such topics as planning, professional growth, curriculum planning and scheduling. At the beginning of each school year, each school site will designate one Wednesday in a month where there are at least four (4) Wednesdays for teacher determined use that will consist of collaboration with one or more colleagues. An agenda and minutes will be developed and provided to the school administrator.
6.12 Each school teacher grades TK-8 shall have the equivalent of ten (10) minimum days designated as parent conference days.
6.13 Hours of employment for part-time employees shall be assigned by the Human Resources Director after consultation with the employee and the principal and duties shall be pro- rated.
6.14 As long as the District funds classified positions, known as P.E. Specialists, it shall provide substitutes for P.E. Specialists when absent in order for classroom teachers to be provided preparation time.
6.15 If a TK-8th grade substitute is unavailable:
6.15.1 Another teacher may voluntarily cover the class during their preparation time and be paid their pro-rated per diem rate of pay.
6.15.2 A part-time or job share teacher may substitute during non-contract time and be paid their pro-rated per diem rate of pay. If a job share teacher substitutes for their partner teacher, then the pay is per diem (pro rated if not a full day).
6.15.3 If a teacher takes another teacher’s students in addition to their own class, the teacher will receive the hourly rate of pay pursuant to Article 3.16 per hour for the number of hours the class is with them. This applies when taking at least 7 of the students in a teacher’s class.
Key Employees The Adviser is not aware that (i) any of its executives, key employees or significant group of employees plans to terminate employment with the Adviser or (ii) any such executive or key employee is subject to any noncompete, nondisclosure, confidentiality, employment, consulting or similar agreement that would be violated by either the Adviser’s present or proposed business activities, except, in each case, as would not reasonably be expected, individually or in the aggregate, to have an Adviser Material Adverse Effect.
Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.
Employees; Benefit Plans (a) During the period commencing at the Effective Time and ending on the date which is FIVE (“5”) months from the Effective Time (or if earlier, the date of the employee's termination of employment with Parent and its Subsidiaries), Parent shall cause the Surviving Corporation and each of its Subsidiaries, as applicable, to provide the employees of the Company and its Subsidiaries who remain employed immediately after the Effective Time (collectively, the "Company Continuing Employees") with base salary, target bonus opportunities (excluding equity-based compensation), and employee benefits that are, in the aggregate, no less favorable than the base salary, target bonus opportunities (excluding equity-based compensation), and employee benefits provided by the Company and its Subsidiaries on the date of this Agreement.
(b) With respect to any "employee benefit plan" as defined in Section 3(3) of ERISA maintained by Parent or any of its Subsidiaries, excluding both any retiree healthcare plans or programs maintained by Parent or any of its Subsidiaries and any equity compensation arrangements maintained by Parent or any of its Subsidiaries (collectively, "Parent Benefit Plans") in which any Company Continuing Employees will participate effective as of the Effective Time, Parent shall, or shall cause the Surviving Corporation to, recognize all service of the Company Continuing Employees with the Company or any of its Subsidiaries, as the case may be as if such service were with Parent, for vesting and eligibility purposes (but not for (i) purposes of early retirement subsidies under any Parent Benefit Plan that is a defined benefit pension plan or (ii) benefit accrual purposes, except for vacation, if applicable) in any Parent Benefit Plan in which such Company Continuing Employees may be eligible to participate after the Effective Time; (iii) Continuing Company shall honor all consulting or advisory agreement previously entered into, or employment pending equity awards stock options or warrants to purchase equity based upon performance. provided, that such service shall not be recognized to the extent that (A) such recognition would result in a duplication of benefits or (B) such service was not recognized under the corresponding Company Employee Plan.
(c) This Section 5.07 shall be binding upon and inure solely to the benefit of each of the parties to this Agreement, and nothing in this Section 5.07, express or implied, shall confer upon any other Person any rights or remedies of any nature whatsoever under or by reason of this Section 5.07. Nothing contained herein, express or implied (i) shall be construed to establish, amend or modify any benefit plan, program, agreement or arrangement or (ii) shall alter or limit the ability of the Surviving Corporation, Parent or any of their respective Affiliates to amend, modify or terminate any benefit plan, program, agreement or arrangement at any time assumed, established, sponsored or maintained by any of them. The parties hereto acknowledge and agree that the terms set forth in this Section 5.07 shall not create any right in any Company Employee or any other Person to any continued employment with the Surviving Corporation, Parent or any of their respective Subsidiaries or compensation or benefits of any nature or kind whatsoever.
(d) With respect to matters described in this Section 5.07, the Company will not send any written notices or other written communication materials to Company Employees without the prior written consent of Parent.
Fixed Compensation Each of the Co-Managers will receive certain additional fixed compensation pursuant to separate agreements with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation relates to (i) a monthly retainer for administrative support services and (ii) fixed compensation payments to representatives of Arete. $8,224 is a reasonable estimate of costs and expenses referenced in clauses (i) and (ii) above that are appropriately allocated to this Offering.
Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.
Employment Period Compensation In consideration of the other provisions of this Agreement, and the Executive’s agreement to execute a Release Agreement, substantially in the form attached hereto as Exhibit B, in the event of his termination under relevant circumstances pursuant to which he would be paid severance benefits, ESC shall provide the Executive with the following payments and benefits, both those set forth in this section and elsewhere in this Agreement:
Eligible Employees Regular and probationary, full time and less than full-time employees (on a pro rata basis) are eligible to participate in this program. Sec. 903 COURSES ELIGIBLE: The following criteria will be used in determining eligibility for reimbursement:
