Five Year Plan. The CEO of the Partnership shall prepare and furnish annually to the Partnership Governance Committee a projected five year business plan.
Five Year Plan. The activities and operations of the Group shall be conducted in accordance with a Five-Year Business Plan, which shall be subject to the approval of the Board on a unanimous basis as provided in Section 8.9. Each Five-Year Business Plan shall include a set of key performance indicators (“KPIs”) and, except for the initial Five-Year Business Plan, a set of minimum performance thresholds (“MPTs”). The KPIs shall reflect the key financial, operating and performance statistics, criteria or indicators that the Five-Year Business Plan is targeting for the performance of the Group each year. The MPTs shall reflect the minimally acceptable key financial, operating and performance statistics, criteria or indicators for the time period covered by the Five-Year Business Plan. Upon the approval of the applicable Five-Year Business Plan, the KPIs and the MPTs included therein shall also be deemed approved.
Five Year Plan. 38 9.7. Commercial Loans........................................... 38 9.8. Insurance and Risk Management.............................. 38
Five Year Plan. If an eligible employee gives the Board an irrevocable letter of retirement prior to January 1, four (4) years prior to the year of retirement, the employee will be removed from the salary schedule, and for the final five (5) years of employment the employee’s TRS creditable earnings shall be increased by five percent (5%) over the employee’s TRS creditable earnings for the prior years of employment respectively.
Five Year Plan. The Broadband Access Reliance Network Plan shall include a comprehensive assessment and strategic analysis of the Broadband Access Reliance Network, systems, products and services for the next five years, including an assessment of the appropriate direction for such Broadband Access Reliance Network, systems and services in light of Reliance’s business priorities, strategies and competitive market forces (to the extent such business information is provided by Reliance to Vendor). The five-year plan shall include the specific identification of proposed software and hardware strategies and directions, cost projections, cost/benefit analyses of proposed changes, descriptions of the types of personnel skills and abilities needed to respond to recommended changes or upgrades in technology, general plans and projected time schedules for developing and achieving recommended elements, and recommendations of network and other technology platforms supporting service level requirements, exploiting industry trends or offering potential price/performance improvement opportunities.
Five Year Plan. During the term of this Agreement, PRAECIS shall provide UCB with a non-binding 5-year plan of Product needs, which plan shall, during the term of this Agreement, be updated annually before year-end, for planning purposes. The first plan covering the years 1998 up to 2002 is attached hereto as Annex C.
Five Year Plan i) in each of the four (4) years of the Plan commencing September 1 next, following approval the teacher shall be paid 80% of the salary and allowance to which he/she is otherwise entitled;
ii) the remaining 20% of such salary and allowance shall be allowed to accumulate with interest credited thereon at the rate payable from time to time by a TD Bank 5 Year GIC and compounded annually;
iii) the leave of absence shall commence on the September 1 of the 5th year from the commencement of the teacher's participation in the Plan;
Five Year Plan. (a) The Concessionaire shall submit to the University a proposed Initial Five-Year Plan on or before the first December 30 following the Closing Date and shall thereafter submit to the University a proposed Five-Year Plan at least 180 Days prior to the end of each Fiscal Year during the Term. Each proposed Five-Year Plan shall include the Capital Improvements, ECMs and Material Changes (and shall identify whether an item requested for Approval is a Capital Improvement, ECM or Material Change or a combination thereof) that the Concessionaire proposes to make in each Fiscal Year in such proposed Five-Year Plan as well as anticipated O&M Costs, delineated between Capped O&M Costs and Uncapped O&M Costs, and anticipated Supply Costs for each such Fiscal Year. The initial Five-Year Plan can include, and the University will consider in accordance with Section 4.3, proposed Capital Improvements and Material Changes to the Utility System to address any conditions of the Utility System existing prior to the Closing Date. Each proposed Five-Year Plan shall be submitted in a format reasonably acceptable to the University as of the date of submission.
(b) The University shall convene the EAC after receipt of the proposed Five-Year Plan. The EAC shall review and provide comments to the Concessionaire on such proposed Five-Year Plan within 30 Days after receipt by the University thereof. The EAC’s comments on such proposed Five-Year Plan shall not be binding on the University. The Concessionaire shall incorporate those comments from the EAC that the Concessionaire elects to incorporate and shall then submit its proposed Five-Year Plan to the University at least 120 Days prior to the end of the Fiscal Year (or, in the case of the proposed Initial Five-Year Plan, as soon as reasonably practicable after receipt of the EAC’s comments).
(c) The University shall review and provide comments to the Concessionaire on the proposed Five-Year Plan, provided that to the extent pertaining to proposed Capital Improvements, ECMs or Material Changes relating to the first full Fiscal Year in the proposed Five-Year Plan, such review and comments shall be conducted and provided in accordance with Section 4.3(c), and provided further that, subject to Section 7.3(d), if the University shall have previously Approved any such Capital Improvement, ECM or Material Change included in the proposed Five-Year Plan, the University shall not have the right to modify or rescind such prior Approval to t...
Five Year Plan. 10 Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 GAAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4, 9
Five Year Plan. If an eligible teacher gives the Board an irrevocable letter of retirement no later than May 1st of the year prior to his/her final five (5) years, stating that he/she shall retire at the end of his/her final corresponding school year, the teacher will be removed from the salary schedule and for the final five (5) years of employment the teacher’s TRS creditable earnings shall be increased by five percent (5%) over the teacher’s previous year’s TRS creditable earnings. Example: The teacher timely submits an irrevocable letter to retire on June 30, 2024. The teacher’s 2018-2019 TRS creditable earnings were $40,000.00. The teacher’s TRS creditable earnings for 2019-20 will be $42,000.00 (i.e., $40,000.00 x 1.05 = $42,000.00). The teacher’s 2020-2021 TRS creditable earnings will be $44,100.00 (i.e., $42,000.00 x 1.05 = $44,100.00). The teacher’s 2021-2022 TRS creditable earnings will be $46,305.00 (i.e., $44,100.00 x 1.05 = $46,305.00). The teacher’s 2022-2023 TRS creditable earnings will be $48,620.25 (i.e., $46,305.00 x 1.05 = $48,620.25). The teacher’s 2023-2024 TRS creditable earnings will be $51,051.26 48,620.25 (i.e., $48,620.25 x 1.05 = $51,051.26). The Board, in its sole discretion, may allow a teacher to rescind his/her letter of retirement because of serious illness or life changing circumstances, provided the teacher returns to the board any TRS creditable earnings paid to the teacher in excess of the amount the teacher would otherwise have received under the salary schedule for such year(s) in which the creditable earnings were paid.
