Common use of EMPLOYMENT TERM AND COMPENSATION Clause in Contracts

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 per bi-weekly pay period ($49,450/Annualized), for the term commencing on 4/6/2024 and ending on 6/30/2024, in installments less any legally authorized deductions as the B32, College and Career Navigator, Stdnt Recruitment & Onboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

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EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 2,910 per bi-weekly pay period ($49,450/75,666 Annualized), for the term commencing on 4/6/2024 5/29/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the B32DBM C41, College Career Program Manager, Engineering, Math and Career Navigator, Stdnt Recruitment & OnboardingPhysical Sciences Division. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 1,900 per bi-weekly pay period ($49,45049,388/Annualized), for the term commencing on 4/6/2024 10/7/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the B32, College and Career Navigator, Stdnt Recruitment & Onboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 1,725 per bi-weekly pay period ($49,450/44,850 Annualized), for the term commencing on 4/6/2024 7/1/2021 and ending on 6/30/20246/30/2022, in installments less any legally authorized deductions as the B32DBM X00, College Xxxxxxx Organizations and Career NavigatorMulticultural Programs Coordinator, Stdnt Recruitment & OnboardingStudent Activities and Inclusion. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings compensation paid to the Employee as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 1,900 per bi-weekly pay period ($49,450/49,388 Annualized), for the term commencing on 4/6/2024 9/27/2022 and ending on 6/30/20246/30/2022, in installments less any legally authorized deductions as the DBM B32, Dual Credit College and Career NavigatorReadiness Program Coordinator, Stdnt Recruitment & OnboardingP-20 Educational Partnerships. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings compensation paid to the Employee as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 2,287 per bi-weekly pay period ($49,45059,472/Annualized), for the term commencing on 4/6/2024 1/3/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, Lead College and Career Navigator, Stdnt Student Recruitment & and Onboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 1,902 per bi-weekly pay period ($49,450/Annualized), for the term commencing on 4/6/2024 and 4/20/2024and ending on 6/30/2024, in installments less any legally authorized deductions as the B32, College and Career Navigator, Stdnt Recruitment & Onboarding. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 1,781 per bi-weekly pay period ($49,45046,300/Annualized), for the term commencing on 4/6/2024 1/28/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the B32DBM B24, College Military-Affiliated Student Outreach and Career NavigatorPrograms Coordinator, Stdnt Recruitment & OnboardingStudent Activities and Inclusion. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 2,019 per bi-weekly pay period ($49,450/52,500 Annualized), for the term commencing on 4/6/2024 2/25/2023 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, College Head Women’s Basketball Coach and Career NavigatorCommunications Coordinator, Stdnt Recruitment & OnboardingAthletic Administration. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 1,973 per bi-weekly pay period ($49,45051,300/Annualized), for the term commencing on 4/6/2024 11/5/2022 and ending on 6/30/20246/30/2023, in installments less any legally authorized deductions as the DBM B32, College and Career NavigatorTutoring Coordinator Writing, Stdnt Recruitment & OnboardingTutoring Center. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 1,902 per bi-weekly pay period ($49,450/Annualized), for the term commencing on 4/6/2024 2/4/2024 and ending on 6/30/2024, in installments less any legally authorized deductions as the B32, Dual Credit College and Career NavigatorReadiness Program Coordinator, Stdnt Recruitment & OnboardingP-20 Educational Partnerships. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

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EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 per bi-weekly pay period ($49,450/Annualized), for the term commencing on 4/6/2024 and 4/6/2024and ending on 6/30/2024, in installments less any legally authorized deductions as the B32, College and Career Apprenticeship Program Navigator, Stdnt Recruitment & OnboardingCareer and Job Placement Cntr. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 1,866 per bi-weekly pay period ($49,450/48,509 Annualized), for the term commencing on 4/6/2024 7/1/2021 and ending on 6/30/20246/30/2022, in installments less any legally authorized deductions as the DBM B32, College Adjunct Faculty Development Coordinator, Center for Teaching and Career Navigator, Stdnt Recruitment & OnboardingLearning Experience. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings compensation paid to the Employee as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 2,008 per bi-weekly pay period ($49,45054,300/Annualized), for the term commencing on 4/6/2024 2/24/2024 and ending on 6/30/2024, in installments less any legally authorized deductions as the B32, College Head Softball Coach and Career NavigatorOperations/Events Coordinator, Stdnt Recruitment & OnboardingAthletics Administration. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 1,725 per bi-weekly pay period ($49,450/44,850 Annualized), for the term commencing on 4/6/2024 10/25/2021 and ending on 6/30/20246/30/2022, in installments less any legally authorized deductions as the B32DBM B24, College LGBTQ+ Student Outreach and Career NavigatorPrograms Coordinator, Stdnt Recruitment & OnboardingStudent Activities and Inclusion. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings compensation paid to the Employee as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee a salary of $1902 2,692 per bi-weekly pay period ($49,45070,000/Annualized), for the term commencing on 4/6/2024 12/2/2023 and ending on 6/30/2024, in installments less any legally authorized deductions as the B32C43, Program Manager College Readiness and Career NavigatorDual Credit, Stdnt Recruitment & OnboardingP-20 Educational Partnerships. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

EMPLOYMENT TERM AND COMPENSATION. A. The Board hereby employs the Employee with such powers and duties as may be fixed by the Board. B. The Board shall pay to the employee Employee a salary of $1902 2,097 per bi-weekly pay period ($49,450/Annualized)period, for the term commencing on 4/6/2024 and ending on 6/30/20248/29/2022 through 6/30/2023, in installments less any legally authorized deductions as the DBM B32, Dual Credit College and Career NavigatorReadiness Program Coordinator*, Stdnt Recruitment & OnboardingP-20 Educational Partnerships. C. Employee agrees to fulfill the aforesaid position for the period above mentioned. D. The Board shall designate eight and one-half (8.5) percent of the Employee’s SURS-eligible earnings as the Board contribution on behalf of the employee Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

Appears in 1 contract

Samples: Employment Agreement

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