Initial Compensation Sample Clauses

Initial Compensation. As compensation for Director's entering into this Agreement and performing his services hereunder Company shall pay a director’s fee as set forth on Annex A hereto per month so long as Director is a member of the Board.
Initial Compensation. The initial placement of an employee on the salary schedule who was not a member of the bargaining unit during the prior work year shall be determined by the Employer on the basis of such employee’s education, experience (including military service and vocational experience), past professional performance, and the general availability of persons with similar qualifications except that an employee shall not be placed on the salary schedule at a step higher than the aggregate of such employee’s actual teaching and related work experience.
Initial Compensation. All new employees appointed to a position in the competitive service shall be paid a salary or wage within the established range for the position's class. The initial employment shall generally be at the minimum rate for the class. However, the appointing power may, with approval of the City Manager or his designee, when circumstances warrant it, appoint at other than the minimum step.
Initial Compensation. The initial placement of a teacher on the salary schedule, who was not a member of the bargaining unit during the prior work year, shall be determined by the Board in its discretion on the basis of such teacher's education and prior teaching experience and the Board may grant up to two (2) years of additional credit on the salary schedule for work experience related to the teacher's area of professional competence.
Initial Compensation. As compensation for Director’s entering into this Agreement and performing his services hereunder, Director shall receive a director’s fee of one thousand dollars (US $1,000.00) per day for all activity, including travel, related to board meetings attended by Director so long as Director remains a director of the Company.
Initial Compensation. Within thirty (30) calendar days of the issuance of any building permit for the Project, Applicant shall make a one-time initial payment to County in the amount of Five Hundred Thousand Dollars ($500,000.00) (“Initial Compensation”). The Initial Compensation shall be used as the County sees fit to support Fire Authority capabilities and services to the Project and the southeast portion of CSA 135.
AutoNDA by SimpleDocs
Initial Compensation. The School shall establish initial compensation for new employees. Such initial compensation shall not be less than the base rate of pay for the position classification or more than 10% above such base rate of pay. If the School shall deem it necessary or appropriate to exceed 10% above such base rate of pay, then the Union shall be given written notice thereof together with the reason for exceeding the customary range.
Initial Compensation. The initial placement of a custodian on the compensation schedule shall be determined by the Board on the basis of such staff person's experience. The Board may grant up to two (2) years of credit on the compensation schedule for related work experience.
Initial Compensation. Client will pay to GPT the sum of $75,000 (the “Initial Cash Compensation”) and will issue to GPT 500,000 shares of common stock, having an agreed value of $350,000 (the “Initial Stock Compensation”). GPT acknowledges that it has received the sum of $65,000 in cash and 500,000 shares of common stock. The remaining Initial Cash Compensation will be paid upon the effective date or abandonment of the registration statement filed by Client with the SEC.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!