Increase Threshold Sample Clauses

Increase Threshold. A wage threshold of 40% above any minimum prescribed hourly rate of pay is implemented as from the first full pay week in May 2021, provided that the employee who is already earning a wage above the threshold will only receive the across the board increase minus 1.5%.
AutoNDA by SimpleDocs

Related to Increase Threshold

  • Funding Increases Before the Funder can make an allocation of additional funds to the HSP, the parties will: (1) agree on the amount of the increase; (2) agree on any terms and conditions that will apply to the increase; and (3) execute an amendment to this Agreement that reflects the agreement reached.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!