Flexibility Allocation Sample Clauses

Flexibility Allocation. Pursuant to item #11 in the protocol agreement dated November 7, 2022 between the participating employers and the participating union locals, as defined in item #2 of the protocolagreement, the parties agree to refer the topic of Flexibility Allocation to the local bargaining parties as follows: E&OE 61 Flexibility Allocation The Parties agree that 0.25%.of total compensation base In Year 1 of the collective agreement and another 0.25% of total compensation base in Year 2 of the collective agreement will be available to the local parties to address items of mutual interest and benefit. For clarity the amounts are as follows: Institution Year 1 Year 2* Camosun $80,350 $164,135 CNC $44,280 $90,465 COTR $16,895 $34,535 NIC $26,145 VIU $51,095 $104,405 $53,435 •Note: Year 2 is the ongoing amount.
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Related to Flexibility Allocation

  • Risk Allocation The Product is Regulatorily Continuing.

  • Regulatory Allocations Notwithstanding any provisions of paragraph 1 of this Exhibit B, the following special allocations shall be made.

  • Individual Flexibility Arrangement The Employer and an Employee may agree to make an individual flexibility arrangement to vary the effect of the terms of this Agreement if:

  • Individual Flexibility Arrangements 7.1 An Employer and Employee covered by the Agreement may agree to make an individual flexibility arrangement to vary the effect of terms of the Agreement if:

  • RDO Flexibility The application of this clause is dependent upon consultation and agreement between the parties provided that agreement will not be unreasonably withheld.

  • Safe Harbor The recipient government will then compare the reporting year’s actual tax revenue to the baseline. If actual tax revenue is greater than the baseline, Treasury will deem the recipient government not to have any recognized net reduction for the reporting year, and therefore to be in a safe harbor and outside the ambit of the offset provision. This approach is consistent with the ARPA, which contemplates recoupment of Fiscal Recovery Funds only in the event that such funds are used to offset a reduction in net tax revenue. If net tax revenue has not been reduced, this provision does not apply. In the event that actual tax revenue is above the baseline, the organic revenue growth that has occurred, plus any other revenue-raising changes, by definition must have been enough to offset the in-year costs of the covered changes.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • Responsibility Allowance (a) An Employee who is assigned additional responsibilities which contribute to the administration of program(s) and which comprise at least 25% of the Employee’s workload and regularly includes the supervision of and/or coordination of other Employees, shall be paid $2.00 per hour in addition to the Employee’s Basic Rate of Pay.

  • Flexibility (1) An employer and employee covered by this enterprise agreement may agree to make an individual flexibility arrangement to vary the effect of terms of the agreement if:

  • Allocations The profits and losses of the Company shall be allocated to the Members in accordance with their Percentage Interests from time to time.

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