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—Fiscal Academic Years Sample Clauses

—Fiscal Academic Years. (A) General – Fiscal 2011
Sample 1Sample 2
—Fiscal Academic Years. (A) General –Fiscal 2005, 2006 and 2007 Academic Years. 1) Effective the first day of the fiscal 2005 academic year, the fiscal year 2005 academic year salary of a faculty member shall be calculated as follows: One Hundred One and Six Tenths percent (101.6%) of the faculty member’s fiscal 2004 academic year salary plus One Thousand Eight Hundred Seventy Nine Dollars ($1,879); provided that no such faculty member’s fiscal 2005 salary shall exceed Eighty Thousand Three Hundred and Fifty Five Dollars ($80,355) and shall not be less than Thirty Nine Thousand Dollars ($39,000). 2) Effective the first day of the fiscal 2006 academic year, the fiscal year 2006 academic year salary of a faculty member shall be calculated as follows: One Hundred Two and Seventy Five Hundredths percent (102.75%) of the faculty member’s fiscal 2005 academic year salary plus One Thousand Nine Hundred Thirty One Dollars ($1,931); provided that no such faculty member’s fiscal 2006 salary shall exceed Eighty Two Thousand Five Hundred and Sixty Five Dollars ($82,565) and shall not be less than Forty Thousand and Seventy Three Dollars ($40,073). 3) Effective the first day of the fiscal 2007 academic year, the fiscal year 2007 academic year salary of a faculty member shall be calculated as follows: One Hundred Three per cent (103.00%) of the faculty member’s fiscal 2006 academic year salary plus Two Thousand Nineteen Dollars ($2,019); provided that no such faculty member’s fiscal 2007 salary shall exceed Eighty Five Thousand Forty Two Dollars ($85,042) and shall not be less than Forty One Thousand Two Hundred Seventy Five Dollars ($41,275). Effective the first full pay period in January 2007, each faculty member’s salary will be calculated as follows: One Hundred Four and Five Tenths percent (104.5%) of the faulty member’s fiscal 2006 academic year salary; provided that no such faculty member’s fiscal 2007 salary shall exceed Eighty Six Thousand Two Hundred Eighty Dollars ($86,280) and shall not be less than Forty One Thousand Eight Hundred Seventy Six Dollars ($41,876).
Sample 1

Related to —Fiscal Academic Years

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Most Referenced Clauses

Most Referenced Definitions