Fiscal Year 2002 Sample Clauses

Fiscal Year 2002. 2003 Effective the first full pay period in October 2002, (October 13, 2002), all employees in a bargaining unit position as of October 1, 2002, shall receive an increase of three percent (3%) to their base hourly rate. For the purposes of this Article, the bi-weekly pay period for fire fighters assigned to a 24/48 hour work schedule, as defined in Article 33, shall consist of ninety-six (96) cumulative hours, and the bi-weekly pay period for fire fighters assigned to a forty (40) hour work week shall consist of eighty (80) hours. Section B Those employees who prior to April 1, 2001, held a Fire Inspector’s Certificate and were receiving certification pay of 2% for such certificate as of April 1, 2001, shall continue to receive an additional 2% above his/her regular base rate. Those employees who were enrolled in Fire Inspector certification classes as of April 1, 2001, and receive certification by December 31, 2001, shall receive the Fire Inspector certification pay of 2% above his/her regular base rate of pay upon providing proof to the Division of successful completion of the certification class. Those employees who prior to April 1, 2001, held a Florida State instructors certificate shall be paid an additional 2% above his/her regular base rate of pay for all hours that he/she is assigned by the Division Director to job duties directly involving training. Employees must maintain current certification in order to continue receiving the related compensation. Section C Effective November 1, 1997, all employer contributions to any deferred compensation plan for any and all employees covered by this Agreement shall cease. Section D Effective the beginning of the first full pay period after the signing of this Agreement, all bargaining unit employees who possess a valid Florida State EMT certification shall be paid a rate five percent (5%) above their straight time base rate of pay after completion of Division certification. The Division certification program will be available to all unit employees. Employees must maintain this certification in order to continue receiving the related compensation. Effective the beginning of the first full pay period after the signing of this Agreement, all bargaining unit employees who possess a valid Florida State Paramedics certification shall be paid a rate ten percent (10%) above their straight time base rate of pay after completion of Division certification. The Division certification program will be available to all un...
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Fiscal Year 2002. For fiscal year 2002 Executive shall be entitled to receive a Salary Bonus as set forth below: % of Base Salary to be Received as Salary Bonus % of 2002 Base Case Achieved 100 % 105 % 97 % 104 % 94 % 103 % 91 % 102 % 88 % 101 % 85 % 100 % 79 % 99 % 73 % 98 % 67 % 97 % 61 % 96 % 55 % 95 % 49 % 94 % 43 % 93 % 37 % 92 % 31 % 91 % 25 % 90 % 0 % <90 %
Fiscal Year 2002. 1. Effective July 1, 2001, the intervals between Steps M and N and N and O shall be increased from three percent (3%) to three and one-half percent (3.5%); and the interval between Steps S and T shall be increased from two and one-half percent (2.5%) to three percent (3%).
Fiscal Year 2002. For fiscal year 2002 Executive shall be entitled to receive a Salary Bonus as set forth below: ---------------------------------------------- % of Base Salary to be Received as % of 2002 Base Salary Bonus Case Achieved ---------------------------------------------- 100% 105% ---------------------------------------------- 97% 104% ---------------------------------------------- 94% 103% ---------------------------------------------- 91% 102% ---------------------------------------------- 88% 101% ---------------------------------------------- 85% 100% ---------------------------------------------- 79% 99% ---------------------------------------------- 73% 98% ---------------------------------------------- 67% 97% ---------------------------------------------- 61% 96% ---------------------------------------------- 55% 95% ---------------------------------------------- 49% 94% ---------------------------------------------- 43% 93% ---------------------------------------------- 37% 92% ---------------------------------------------- 31% 91% ---------------------------------------------- 25% 90% ---------------------------------------------- 0% *90% ---------------------------------------------- * Denote less than
Fiscal Year 2002. During fiscal year 2002, the Executive ---------------- will be eligible to earn an incentive bonus of up to one hundred (100%) percent of his Base Salary for extraordinary and exceptional performance. The potential bonus will be based on the achievement of various thresholds with respect to revenue, operating income, earnings per share, etc. The incentive bonus arrangement for fiscal year 2002 will be negotiated by the Executive and the Board of Directors and will be finalized on or before October 1, 2001. The Board of Directors will also have an incentive compensation arrangement in place for the other officers of the Company by such date.

Related to Fiscal Year 2002

  • Fiscal Year End Change, or permit any Subsidiary of any Borrower to change, its fiscal year end.

  • Fiscal Year The fiscal year of the Partnership shall be the calendar year.

  • Fiscal Year; Fiscal Quarter The Borrower shall not change its fiscal year or any of its fiscal quarters, without the Administrative Agent’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) each of its fiscal years to end on December 31 of each year and (ii) its fiscal quarters to end on March 31, June 30, September 30 and December 31, respectively, of each year.

  • Fiscal Year; Accounting The Company's fiscal year shall be the calendar year with an ending month of December.

  • Financial Year End The financial year end of the Company may be determined by resolution of the Board and failing such resolution shall be 31st December in each year. AUDITS

  • Financial Statements; Fiscal Year The Current Financials were prepared in accordance with GAAP and present fairly, in all material respects, the consolidated financial condition, results of operations, and cash flows of the Companies as of, and for the portion of the fiscal year ending on the date or dates thereof (subject only to normal audit adjustments). All material liabilities of the Companies as of the date or dates of the Current Financials are reflected therein or in the notes thereto. Except for transactions directly related to, or specifically contemplated by, the Loan Documents or disclosed in the Current Financials, no subsequent material adverse changes have occurred in the consolidated financial condition of the Companies from that shown in the Current Financials. The fiscal year of each Company ends on December 31.

  • Quarterly Financial Statements As soon as available and in any event within 5 days after the date on which such financial statements are required to be filed with the SEC (after giving effect to any permitted extensions) with respect to each of the first three quarterly accounting periods in each fiscal year of the Borrower (or, if such financial statements are not required to be filed with the SEC, on or before the date that is 45 days after the end of each such quarterly accounting period), the consolidated balance sheets of the Borrower and the Subsidiaries and, if different, the Borrower and the Restricted Subsidiaries, in each case as at the end of such quarterly period and the related consolidated statements of operations for such quarterly accounting period and for the elapsed portion of the fiscal year ended with the last day of such quarterly period, and the related consolidated statement of cash flows for such quarterly accounting period and for the elapsed portion of the fiscal year ended with the last day of such quarterly period, and setting forth comparative consolidated figures for the related periods in the prior fiscal year or, in the case of such consolidated balance sheet, for the last day of the prior fiscal year (or, in lieu of such unaudited financial statements of the Borrower and the Restricted Subsidiaries, a detailed reconciliation reflecting such financial information for the Borrower and the Restricted Subsidiaries, on the one hand, and the Borrower and the Subsidiaries, on the other hand), all of which shall be certified by an Authorized Officer of the Borrower as fairly presenting in all material respects the financial condition, results of operations, stockholders’ equity and cash flows of the Borrower and its Subsidiaries in accordance with GAAP, subject to changes resulting from audit and normal year end audit adjustments.

  • Quarterly Financials To Agent, within forty-five (45) days after the end of the first three Fiscal Quarters of each Fiscal Year, consolidated financial information regarding Parent Borrower and its consolidated Restricted Subsidiaries, certified by a Financial Officer of Parent Borrower, including (i) unaudited balance sheets as of the close of such Fiscal Quarter and (ii) unaudited statements of income and cash flows for such Fiscal Quarter, in each case setting forth in comparative form the figures for the corresponding period in the prior year and the related statements of income and cash flow for that portion of the Fiscal Year ending as of the close of such Fiscal Quarter, all prepared in accordance with GAAP (subject to absence of footnotes and normal year-end adjustments). Such financial information shall be accompanied by (A) a statement in reasonable detail (each, a “Compliance Certificate”) showing the calculations used in determining compliance with the financial covenant set forth in Section 7.10, if applicable, and (B) including the certification of a Financial Officer of Parent Borrower that (i) such financial information fairly presents, in all material respects in accordance with GAAP (except as approved by accountants or officers, as the case may be, and disclosed in reasonable detail therein, including the economic impact of such exception, and subject to normal year-end adjustments and the absence of footnote disclosure), the financial position, results of operations and statements of cash flows of Parent Borrower and its consolidated Restricted Subsidiaries, on a consolidated basis, as at the end of such Fiscal Quarter and for that portion of the Fiscal Year then ended, and (ii) that no Default or Event of Default has occurred and is continuing as of such time or, if a Default or Event of Default has occurred and is continuing, describing the nature thereof and all efforts undertaken to cure such Default or Event of Default. In addition, Borrowers shall deliver to Agent and Lenders, within forty-five (45) days after the end of each of the first three Fiscal Quarters of each Fiscal Year, a management discussion and analysis that includes a comparison of performance for that Fiscal Quarter to the corresponding period in the prior year.

  • Annual Accounting Period The annual accounting period of the Company shall be its taxable year. The Company’s taxable year shall be selected by the Member, subject to the requirements and limitations of the Code.

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