Increase in average hourly earnings. The increase in the average hourly earnings applicable at the time of the increase shall be equal to the wage increase. The new job-specific wages, the wages of employees under 18 years of age and students, separate bonuses and monthly com- pensation of chief shop stewards and labour protection delegates under the collective agreement shall take effect only after the date that is separately settled in the collective agreement. These items shall be governed before the said date by the provisions of the collective agreement that expired on 31 October 2017. Agreement on adjustment of the terms and conditions of emplo- yment must be related to an event of the employer encountering a serious financial or sudden production crisis, which is jointly observed at the workplace during co-determination negotiations or in another context and whose effects – such as avoiding cutting jobs – can be prevented or limited with this measure. To safeguard the employer's operations and jobs, the employer and the chief shop xxxxxxx can notwithstanding the minimum terms and conditions of the collective agreement locally agree on the adjustment of terms of employment concerning wages or other financial benefits, as agreed on below. Other financial be- nefits mean a Saturday bonus, Sunday bonus, shift work bonuses and working conditions bonuses, and the possibility to exchange the holiday for time off. An agreement is made to apply to an enterprise or a part thereof. The wage paid to a employee, however, may not be less than the employee's basic wage. However, the wage guarantee does not pertain to a situation where a postponement of the payment of full wages to a later date is agreed on. Any postponement of the payment date and sum of wages or another monetary item must occur within the framework of the pay security provisions. This provision does not restrict the mutual freedom of contract between the parties to an employment contract or the employer's unilateral right to adjust the terms of employment in line with the law and legal practice. Before any negotiations are launched at the workplace, they must be reported to the parties to the collective agreement. The parties are entitled to assistance from the unions' experts during the definition of the employer's financial difficulties or production-related crisis. The chief shop xxxxxxx and any experts consulted must keep in confidence all information concerning the employer's financial position obtained during the negotiations,...

Increase in average hourly earnings. When applying average hourly earnings after the wage increase takes effect, these earnings shall be increased in a manner that allows for the wage increase insofar as the said increase is not included in average hourly earnings. The new job-specific wages, the wages of employees under 18 years of age and students, separate bonuses and monthly com- pensation of chief shop stewards and labour protection delegates under the collective agreement shall take effect only after the date that is separately settled in the collective agreement. These items shall be governed before the said date by the provisions of the collective agreement that expires on 31 October 2013. The federations shall appoint the following working groups: • Training task force • Working group on the effectiveness of workforce representa- tion • Working group on workplace-specific trials • Working group on the system for determining terms and con- ditions of employment • Working group on representativity of the collective agree- ment • Wage regulations improvement working group • Working group on questions of working hours It was agreed that Xxxxx Xxxxxxx, Xxxxx Xxxxxx, Riku Xxxxx and Xxxxx Xxxxxx would scrutinise these minutes. In fidem: Manu Laapas Minutes inspected by: Signing minutes of the Collective Agreement The structure and appearance of the collective agreement has been revised with a view to greater clarity, brevity and simplic- ity, and to an improvement in layout. This revision does not alter the content of the collective agreement or established practices. The restructuring has involved a rearrangement of sections, with the new collective agreement divided into nine parts comprising chapters, paragraphs and subparagraphs. The national labour and employer confederation agreements previously appended to the collective agreement have been detached, with their regulations incorporated into the collective agreement to the extent required. The revised collective agreement will also be disseminated as an online version incorporating the appropriate features, and poten- tially in the form of an associated mobile application.

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Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.
Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000
Dollar Limits Per Service Agreement Cost to diagnose, repair and/or replace - Per covered appliance $3,000
Minimum Cash Balance Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement
Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .
Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.
Variances From Operating Budget Furnish Agent, concurrently with the delivery of the financial statements referred to in Section 9.7 and each monthly report, a written report summarizing all material variances from budgets submitted by Borrowers pursuant to Section 9.12 and a discussion and analysis by management with respect to such variances.
Payments, Computations, Etc (a) Unless otherwise expressly provided herein, all amounts to be paid or deposited by the Borrower hereunder shall be paid or deposited in accordance with the terms hereof no later than 3:00 p.m. on the day when due in lawful money of the United States in immediately available funds and any amount not received before such time shall be deemed received on the next Business Day. The Borrower shall, to the extent permitted by law, pay to the Secured Parties interest on all amounts not paid or deposited when due hereunder at 2.00% per annum above the Prime Rate, payable on demand; provided that such interest rate shall not at any time exceed the maximum rate permitted by Applicable Law. Such interest shall be for the account of the applicable Secured Party. All computations of interest and other fees hereunder shall be made on the basis of a year consisting of 360 days (other than calculations with respect to the Base Rate, which shall be based on a year consisting of 365 or 366 days, as applicable) for the actual number of days elapsed. (b) Whenever any payment hereunder shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of the payment of Interest or any fee payable hereunder, as the case may be. For avoidance of doubt, to the extent that Available Funds are insufficient on any Payment Date to satisfy the full amount of any Increased Costs pursuant to Section 2.12, such unpaid amounts shall remain due and owing and shall accrue interest as provided in Section 2.10(a) until repaid in full. (c) If any Advance requested by the Borrower is not effectuated as a result of the failure to fulfill any condition under Section 3.2 (other than any condition that is waived by the Administrative Agent), as the case may be, on the date specified therefor, whichever of the Collateral Manager or the Borrower is at fault, such Person shall indemnify the applicable Lender against any reasonable loss, cost or expense incurred by the applicable Lender, including, without limitation, any loss, cost or expense incurred by reason of the liquidation or reemployment of deposits or other funds acquired by the applicable Lender to fund or maintain such Advance upon receipt by the Borrower of documentation setting forth such costs.
Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year
Annual Compensation The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending during the calendar year in which the Date of Termination occurs.

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