Maximum Annual Salaries in Rookie Scale Extensions Sample Clauses

Maximum Annual Salaries in Rookie Scale Extensions. The rule allowing a team and a player who meets certain performance criteria to negotiate a maximum salary of up to 30% of the Salary Cap in Rookie Scale Extensions (or certain free agent contracts) will remain in effect, but the performance criteria will be changed so as to be the same as the performance-based criteria described in section B.2.c above. In addition, for Rookie Scale Extensions where, at the time the extension is signed, the player has not already met the performance-based criteria, a team and player can agree upon various percentages of the Salary Cap (between 25% and 30%) based upon how and whether the player satisfies the criteria. For example, a team and player can agree that the player’s salary in the first season of the extended term will be 30% if the player wins the MVP award, or 27.5% if the player is named to the All-NBA first or second team in his fourth season.
Sample 1
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Related to Maximum Annual Salaries in Rookie Scale Extensions

  • Contract Duration and Annual Salary 1. The College hereby employs the Administrator in the capacity of Director of Adult Educational Development, Assistant Professor for one year, commencing on July 1, 2023 and terminating on June 30, 2024. The Administrator accepts such employment on the conditions hereinafter set forth, and any applicable provisions of the Board of Trustees Policy Manual. In the event of conflict between Board Policy and this Contract, the Contract shall govern.

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  • Minimum Salaries 12.1 The minimum base salary for all Bargaining Unit members shall be as follows: Rank Effective 9/1/2016 Professor $77,510 Assoc. Professor $62,520 Asst. Professor $51,325 Instructor $43,835 Senior Librarian $77,510 Assoc. Sr. Librarian $66,270 Assoc. Librarian $60,730 Asst. Librarian $51,325 Beg. Librarian $43,835 Faculty Members earning a base salary below the effective minima shall move to the new minima and receive any across-the-board and compression increase under Article 10 on his or her minima. Faculty Members who will receive regional campus increases under Article 10 of this Agreement shall receive those increases before any adjustment to meet the minimum salary required by this Article.

  • 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.

  • SALARIES AND INCREMENTS 3801 Nurses shall be paid in accordance with the salary schedule as outlined in Appendix "A", forming part of the Agreement. 3802 "Basic or Regular Salary or Pay" shall mean the rates of pay shown in Appendix "A" (Salaries) and Appendix "B" (Academic Allowances).

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  • Salary Increments The Employer, may grant an increment for meritorious service after an employee has served for a period of twelve (12) months following the first day of the month established in Article 35.07 or twelve (12) months following the date of a change in his rate of compensation as established in Articles 35.04, 35.05, or 35.06.

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  • DEDUCTIONS FROM SALARY A. The Board agrees to deduct from teachers’ salaries membership dues and assessments for the Xxxxxx County Education Association, the Maryland State Teachers’ Association, and the National Education Association as said teachers individually and voluntarily authorize to deduct through an appropriate written authorization form prepared by the Association. The Board agrees to transmit such monies promptly to the Association.

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