Increases to Compensation Rates Sample Clauses

Increases to Compensation Rates. Year 1: Effective Fall Term 2016, all members of the bargaining unit employed as Adjunct faculty or Emeritus faculty and continuing from academic year 2015-16 at a rate higher than $858 per credit hour will receive a per credit increase of $9. Members will receive the greater of either the per-credit increase of $9 or an increase to the new minimum. Effective September 16, 2016 all members of the bargaining unit employed as Research Assistants and Research Associates at hourly rates higher than $20.18 and $21.76 respectively will receive an increase in their hourly rate of .20 and .22 respectively. Members will receive the greater of either the hourly rate increase for their rank or an increase to the new minimum for their rank. Year 2: Effective Fall Term 2017, all members of the bargaining unit employed as Adjunct faculty or Emeritus faculty and continuing from academic year 2016-17 at a rate higher than $892 per credit hour will receive a per credit increase of $9. Members will receive the greater of either the per-credit increase of $9 or an increase to the new minimum. Effective September 16, 2017 all members of the bargaining unit employed as Research Assistants and Research Associates and continuing from academic year 2016-17 at hourly rates higher than $20.99 and $22.63 respectively will receive an increase in their hourly rate of .21 and .23 respectively. Members will receive the greater of either the hourly rate increase for their rank or an increase to the new minimum for their rank.
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Increases to Compensation Rates. Year 1: Effective Winter Term 2014, all members of the bargaining unit employed as Lecturers, Adjunct faculty, or Emeritus faculty and continuing from academic year 2012-13 at a rate higher than $809 per credit hour will receive a per credit increase of $8. Effective January 1, 2014, all members of the bargaining unit employed as Research Assistants and Research Associates at hourly rates higher than $19.02 and $20.51 respectively will receive an increase in their hourly rate of .20. Year 2: Effective Winter Term 2015, all members of the bargaining unit employed as Lecturers, Adjunct faculty, or Emeritus faculty and continuing from academic year 2013-14 at a rate higher than $833 per credit hour will receive a per credit increase of $8. Effective January 1, 2015, all members of the bargaining unit employed as Research Assistants and Research Associates and continuing from academic year 2013-14 at hourly rates higher than $19.59 and $21.13 respectively will receive an increase in their hourly rate of .20.
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Related to Increases to Compensation Rates

  • Changes to Compensation Notwithstanding anything contained herein to the contrary, Employee acknowledges that the Company specifically reserves the right to make changes to Employee’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and a modification of this Agreement unless, within seven (7) days after receiving notice of such change, Employee exercises his right to terminate this Agreement without cause or for “Good Reason” as provided below in Paragraph No.

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

  • Salary Increases The Employer agrees to pay the negotiated salary increases to every employee not later than the month following the month in which this Agreement is signed and not later than the month following the month in which any subsequent salary increases become effective.

  • Supplemental Compensation Pursuant to Section 7 of the Agreement, Supplemental Compensation is payable as follows.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Fixed Compensation Each of the Co-Managers will receive certain additional fixed compensation pursuant to separate agreements with Masterworks, which is not tied specifically to this Offering or to any other specific offering, but a portion of which is deemed to be underwriting compensation for this Offering. Such additional fixed compensation relates to (i) a monthly retainer for administrative support services and (ii) fixed compensation payments to representatives of Arete. $8,224 is a reasonable estimate of costs and expenses referenced in clauses (i) and (ii) above that are appropriately allocated to this Offering.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Maximum Compensation There is a maximum compensation for this Agreement and a separate maximum compensation for each Approved Service Order.

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