Maximum Additional Pay Provision. The maximum combined pay premiums under Section C – Education and DPSST Certification Pay and under Section D – Premium Pay is twenty-two (22%) of the employee’s base wage.
Maximum Additional Pay Provision Sample Clauses
Related to Maximum Additional Pay Provision
Definitions As used in this Agreement, the following terms shall have the following meanings:
Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and
NOW, THEREFORE the parties hereto agree as follows:
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.
