Common use of Equity Adjustment to Base Salary Clause in Contracts

Equity Adjustment to Base Salary. Equity pool adjustments to base salary will be distributed only to associate and full professors who are members of the bargaining unit and employed by the University on February 15, 2018 and still employed on September 1, 2018. The equity pool for 2018-2019 will be distributed to full professors and associate professors; the specific participants in the plan will come from the group of faculty who held the rank of full professor or associate professor as of September 1, 2017; they will qualify according to the following model Full Professors:

Appears in 5 contracts

Samples: University of Scranton, University of Scranton Faculty Contract, University of Scranton

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Equity Adjustment to Base Salary. Equity pool adjustments to base salary will be distributed only to associate and full professors who are members of the bargaining unit and employed by the University on February 15, 2018 2019 and still employed on September 1, 20182019. The equity pool for 20182019-2019 2020 will be distributed to full professors and associate professors; the specific participants in the plan will come from the group of faculty who held the rank of full professor or associate professor as of September 1, 20172018; they will qualify according to the following model model: Full Professors:

Appears in 2 contracts

Samples: University of Scranton Faculty Contract, University of Scranton Faculty Contract

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