Introductory salary Sample Clauses

Introductory salary. An introductory salary may be applied, provided that: - introductory and training programmes and a timetable have been approved by the local union organisation and - the salaried employee has no experience of the tasks in question. Introductory salary applies to new employees who, on taking up the position, are aged 20–23 years and are to undergo planned training in connection with the work. The salary for such salaried employees shall be no less than 75% of the minimum salary for salaried employees who have reached 20 years of age. Introductory salary may be paid for a maximum of 12 months, although for no longer than the agreed introductory period.
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Introductory salary. An introductory salary may be applied on condition that – introduction and training programmes and schedules have been approved by the local association and – the salaried employee lacks experience of the relevant work assignments An introductory salary applies to new employees who, when they take up the position, are aged between 20 and 23 and are due to undertake planned training in connection with the work. The salary for such salaried employees shall be a minimum of 75 per cent of the minimum salary for salaried employees who have reached the age of 20. An introductory salary may be made for a maximum of 12 months, however no longer than during the agreed intro- ductory period.
Sample 1
Introductory salary. An introductory salary may be applied on condition that – introduction and training programmes and schedules have been approved by the local association and – the salaried employee lacks experience of the relevant work assignments An introductory salary applies to new employees who, when they take up the position, are aged between 20 and 23 and are due to undertake planned training in connection with the work. The salary for such salaried employees shall be a minimum of 75 per cent of the minimum salary for salaried employees who have reached the age of 20. An introductory salary may be made for a maximum of 12 months, however no longer than during the agreed intro- ductory period.
Sample 1

Related to Introductory salary

  • Introductory Caterpillar Financial Funding Corporation, a Nevada corporation (the "Depositor"), proposes to cause Caterpillar Financial Asset Trust 2008-A (the "Issuing Entity") to issue $182,000,000 aggregate principal amount of Class A-1 3.005% Asset Backed Notes (the "Class A-1 Notes"), $105,000,000 aggregate principal amount of Class A-2a 4.09% Asset Backed Notes (the "Class A-2a Notes"), $122,000,000 aggregate principal amount of Class A-2b Floating Rate Asset Backed Notes (the “Class A-2b Notes”) and $199,671,000 aggregate principal amount of Class A-3 4.94% Asset Backed Notes (the "Class A-3 Notes," and together with the Class A-1 Notes, the Class A-2a Notes and the Class A-2b Notes, the "Notes") and to sell the Notes to the several underwriters named in Schedule I hereto (the "Underwriters"), for whom you are acting as representatives (the "Representatives"). The assets of the Issuing Entity will include, among other things, a pool of fixed-rate retail installment sale contracts and finance leases (the "Receivables") secured by new and used machinery manufactured primarily by Caterpillar Inc. ("Caterpillar"), including rights to receive certain payments with respect to such Receivables, and security interests in the machinery financed by the Receivables (the "Financed Equipment"), and the proceeds thereof. The Receivables will be transferred to the Issuing Entity by the Depositor. The Receivables will be serviced for the Issuing Entity by Caterpillar Financial Services Corporation, a Delaware corporation (the "Servicer" or "CFSC"). The Notes will be issued pursuant to the Indenture to be dated as of April 1, 2008 (as amended and supplemented from time to time, the "Indenture"), between the Issuing Entity and U.S. Bank National Association, a national banking association (the "Indenture Trustee"). Simultaneously with the issuance and sale of the Notes as contemplated herein, the Issuing Entity will issue $33,387,349 aggregate principal amount of Asset Backed Certificates (the "Certificates"), each such Certificate representing a fractional undivided interest in the Issuing Entity. Capitalized terms used and not otherwise defined herein shall have the meanings ascribed to them in the Sale and Servicing Agreement to be dated as of April 1, 2008 (as amended and supplemented from time to time, the "Sale and Servicing Agreement"), among the Issuing Entity, the Depositor and the Servicer or, if not defined therein, in the Indenture or the Trust Agreement to be dated as of April 29, 2008 (as amended and supplemented from time to time, the "Trust Agreement"), between the Depositor and BNYM (Delaware), a Delaware banking corporation, and an affiliate of The Bank of New York, a New York banking corporation, as owner trustee under the Trust Agreement (the "Owner Trustee").

  • Introductory Provisions 12.1. As from the date of entry into force of this Regulation, Contracting Parties applying this Regulation shall not:

  • PREAMBLE The parties agree that this article constitutes the method and procedure for a final and conclusive settlement of any dispute (hereinafter referred to as "the grievance") respecting the interpretation, application, operation or alleged violation of this Collective Agreement, including a question as to whether a matter is arbitrable.

  • TERM, CONTINUATION AND RENEGOTIATION In this Collective Agreement, "Previous Collective Agreement" means the Collective Agreement that was in effect between the two parties for the period July 1, 2013 to June 30, 2019 including any amendments agreed to by the parties during that period.

  • Base Salary During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $ , payable in regular installments in accordance with the Company’s usual payment practices. Executive shall be entitled to such increases in Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive’s annual rate of base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.”

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