Exceptional Merit Cash Payment Sample Clauses

Exceptional Merit Cash Payment. 1. The City may grant an Exceptional Merit Cash Payment to any employee at “E” step that meets standards on their most recent Performance Evaluation. It isunderstood and expressly agreed to by the parties to this MOU that any employee receiving a payment under this provision shall not acquire any future rights to receive any future payment beyond that employee’s base wage.
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Related to Exceptional Merit Cash Payment

  • Negotiated Funding Amount, Board Contributions 4.1.1 Each Board shall pay an amount equal to 1/12th of the annual negotiated funding amount as described in 4.1.2 and 4.1.3 to the Trustees of the ETFO ELHT by the last day of each month from and after the Board’s Participation Date.

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