Common use of Market Based Adjustments Clause in Contracts

Market Based Adjustments. Effective February 9, 2020, the base pay/salary range of each classification noted in Exhibit 1 of this MOA and the base pay/salary of each individual employed in such noted classifications, will be increased by the percentage set forth in Exhibit 1. Effective January 24, 2021, the base pay/salary range of each classification noted in Exhibit 1 of this MOA and the base pay/salary of each individual employed in such noted classifications, will be increased by the percentage set forth in Exhibit 1.

Appears in 3 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

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Market Based Adjustments. Effective February 9, 2020, the base pay/salary range of each classification noted in Exhibit 1 of this MOA and the base pay/salary of each individual employed in such noted classifications, will be increased by the percentage set forth in Exhibit 1. Effective January 248, 20212023, the base pay/salary range of each classification noted in Exhibit 1 of this MOA and the base pay/salary of each individual employed in such noted classifications, will be increased by the percentage set forth in Exhibit 1.

Appears in 1 contract

Samples: Memorandum of Agreement

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