Incentive Compensation During the Term, the Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Compensation Committee from time to time. The Executive’s initial target annual incentive compensation shall be 40 percent of his Base Salary (the “Target Annual Incentive Compensation”). Except as otherwise provided herein, to earn incentive compensation, the Executive must be employed by the Company on the day such incentive compensation is paid.
Developer Compensation for Emergency Services If, during an Emergency State, the Developer provides services at the request or direction of the NYISO or Connecting Transmission Owner, the Developer will be compensated for such services in accordance with the NYISO Services Tariff.
Show-Up Compensation An employee who is scheduled for work and reports for work, except for situations addressed in Article 123--Inclement or Hazardous Conditions, and is released from work shall be paid the equivalent of two
Dependent Care Salary Reduction Plan The Employer agrees to maintain the current dependent care salary reduction plan that allows eligible employees, covered by this Agreement, the option to participate in a dependent care reimbursement program for work-related dependent care expenses on a pretax basis as permitted by federal tax law or regulation.
SALARIES AND COMPENSATION 47 Section 17.1. Base Pay and Merit Increases……………………………………….. 47 Section 17.2. Employee's Contribution to OPERS……………………………….… 49 Section 17.3. Salary Deductions……………………………………………………... 50 Section 17.4. Working Out of Classification.......................................................... 50 Section 17.5. Shift Differential............................................................................... 51 Section 17.6. Service Credit................................................................................. 51 Section 17.7. Adoption Assistance Program......................................................... 52 Section 17.8. Pre-Tax Dependent Care Program................................................. 53 Section 17.9. Wage Rate Adjustment.................................................................. 53 Section 17.10. Individual Classification Pay Grade Assignment Change…………… 53 ARTICLE 18 – INSURANCE…………………………………………………………. 53 Section 18.1. Health and Hospitalization, Prescription Drug, Disability, Dental and Vision Coverage…………………………………………………………………… 53 Section 18.2. Cost……………………………………………………………………... 58 Section 18.3. Life Insurance………………………………………………………….. 59 Section 18.4. Continuation of Benefits while on Unpaid Leave…………………… 60 Section 18.5. Terms of Insurance Policies to Govern……………………………... 60 Section 18.6. IRC Section 125 Plan…………………………………………………. 60 Section 18.7. Disability Leave………………………………………………………… 60 Section 18.8. Benefits Booklet……………………………………………………….. 62 Section 18.9. Training…………………………………………………………………. 62
Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.
Deferred Compensation Program Unit members shall continue to be eligible to join the County’s Deferred Compensation Plan. Said employees will be bound by the same Plan, rules and participation agreements as are generally applicable to other County employees. DSA acknowledges that County retains the right to alter, amend, or repeal the current plan, rules, and participation agreements, at any time. The County shall not charge an administrative fee to participating employees.
Bonus The Executive shall be eligible for Bonuses determined by the Board.
Provision for Generation Compensation Grid unavailability in a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation by the SPD equal to this generation loss shall be procured by the Buying Utility at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.
Extra Compensation 1. CTSO Advisors will be paid twenty-five ($25) per hour (capped at eight (8) hours per day) for non-discretionary CTSO activities (e.g., conferences, conventions, and competitions) involving students on days not scheduled as part of the regular school year calendar.