Merit Award Sample Clauses

Merit Award. The department may make awards to current or retired State employees who: A. Propose procedure or ideas which hereafter have been adopted and which will result in eliminating or reducing State expenditures or improving operations; provided, the proposals are placed in effect; or B. Perform special acts or special services in the public interest; or C. By their superior accomplishments, make exceptional contributions to the efficiency, economy, or other improvement in the operations of the State government. Awards for superior accomplishments shall be made in accordance with procedures and standards established by the department. Any award made by the department under the provisions of this section may be paid from the appropriation available to the State agency affected by the award. The director may adopt rules and regulations to carry out the provisions of this section, and may appoint merit award boards made up of State officers, employees, or citizens to consider employee proposals, special acts, special services, or superior accomplishments, and to make recommendations to the department as to the merits of the proposals, special acts, special services, or superior accomplishments, and whether or not the proposals, special acts, special services, or superior accomplishments justify an award. Any award granted under the provisions of this section shall be limited to five thousand dollars ($5,000) unless a larger award is approved by concurrent resolution of the Legislature. Any expenditures made or costs incurred heretofore or hereafter by the director for the purposes of this section may be paid from funds available for the support of the department.
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Merit Award. Where a Bursar is awarded a merit award, such award shall, if awarded prior to the payment of the Bursary, be utilised by the Institution to settle the balance in the Bursars account. Where the award is made after the Bursary has been paid, and if there is a credit balance in the Bursar’s account and provided that credit balance is as a result of the Merit award and not the Bursary, then that credit balance, may be dealt with by the Institution as it deems appropriate.
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Merit Award. Above normal performance in at least two (2) of the three (3) areas: teaching, research/creative activity, or public service; or outstanding performance or special recognition in at least one (1) of these areas, and normal performance in the remaining area or areas of assigned duties.
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Merit Award. The term "Merit Award" shall mean any Merit Award granted under the Plan.
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Merit Award. You may receive that award if it is less than the program provider's Cost of Attendance. If the merit award is greater than the program provider's Cost of Attendance, the merit award will be adjusted.
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Merit Award. Each year, there will be a performance pay allotment to be distributed based upon the criteria set forth in Appendix D. For the 2015-2016 school year, the minimum allotment will be $45,000. Allotments for the 2016-2017, 2017-2018, and 2018-2019 school years will be determined during the salary reopener negotiations. First year teachers are not eligible to receive a merit award.
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Merit Award. 30.8.1 A Merit Award may be awarded for outstanding or superior performance of a Member's responsibilities including: teaching, research or other scholarly activities, or academic, professional or University community service. The Xxxx or University Librarian, as appropriate, shall assess each Member of the academic unit for a Merit Award. The assessment of a Member’s performance shall be based on accomplishments set out in the Member’s Annual Activities Report for the current year and previous two years. 30.8.2 Members holding Provisional, Candidacy, Tenured and Continuing Appointments are eligible for Merit Awards. 30.8.3 The value of a Merit Award unit will be a one-time payment of $3,000. 30.8.4 Merit Award decisions will be made by the Vice-President: Academic upon the recommendation of the Xxxx(s) or the University Librarian in accordance with 30.8.5, 30.8.6, and 30.8.7. 30.8.5 The number of Merit Awards shall be determined and distributed on the following basis: (a) the academic units of Laurier Brantford, the Faculties of Arts, Music, School of Business and Economics, Science, Social Work, and the Library shall be assigned two Merit Awards; (b) the Faculty of Education shall have merit determined and distributed under the Merit awards awarded by the Vice-President: Academic under 30.8.5(e) below. When the number of eligible Members under 30.8.2 is six, the Faculty of Education shall be assigned one Merit Award for the academic unit. When the number of eligible Members under 30.8.2 is ten, the Faculty of Education shall be assigned two Merit Awards. (c) the academic units of Laurier Brantford, the Faculty of Arts, the Faculty of Science, and the School of Business and Economics shall each receive additional Merit Awards equivalent to 10% (rounded up) of the eligible Members in each of these academic units; (d) each Xxxx/University Librarian shall make recommendations to the Vice-President: Academic for Merit Awards in his/her academic unit; (e) in addition the Vice-President: Academic shall have six (6) Merit Awards to be awarded following the report of the Deans/University Librarian under (d) above; at least three (3) of these Merit Awards shall be awarded for outstanding contributions in teaching and/or service. 30.8.6 By September 15 in each year of this Agreement, and before any merit assessments are undertaken, the Vice-President: Academic, pursuant to 30.8.5, shall calculate the number of Merit Awards for each academic unit to be awarded the f...
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Merit Award. Above normal performance in at least two (2) of the three
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Related to Merit Award

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Performance Award You are hereby awarded, on the Grant Date, a Performance Award with a target value of [AMOUNT].

  • Restricted Stock Unit Award The Grantee is hereby granted NUMBER OF SHARES restricted stock units (the "Restricted Stock Units"). Each Restricted Stock Unit represents the right to receive one share of the Company's Common Stock, $.001 par value (the "Stock"), subject to the terms and conditions of this Agreement and the Plan.

  • Performance Share Award If your Award includes a Performance Share Award, and you voluntarily terminate your employment prior to the end of the Performance Period, you will forfeit your entire Performance Share Award. 

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

  • Grant Award On and subject to the terms and conditions set forth herein, Triumph hereby agrees to make a grant (the “Grant”) to Grantee in the aggregate maximum amount of up to Two Hundred Thousand and 00/100 Dollars ($200,000.00) (the “Maximum Grant Amount”) to provide partial funding for the Project.

  • Stock Award Pursuant to the Plan, the Company, on ________ __, 20__ (the “Date of Grant”) granted to the Participant, subject to the terms and conditions of the Plan and subject further to the terms and conditions herein set forth, a Stock Award covering _________ shares of Common Stock, hereafter described as the “Shares.”

  • Award Award shall be made on an all-or-none total estimated bid basis to the lowest responsive and responsible Bidder.

  • The Award All compensation awarded for any taking, whether for the whole or a portion of the Leased Premises, shall be the sole property of the Landlord whether such compensation shall be awarded for diminution in the value of, or loss of, the leasehold or for diminution in the value of, or loss of, the fee in the Leased Premises, or otherwise. The Tenant hereby assigns to Landlord all of Tenant's right and title to and interest in any and all such compensation. However, the Landlord shall not be entitled to and Tenant shall have the sole right to make its independent claim for and retain any portion of any award made by the appropriating authority directly to Tenant for loss of business, or damage to or depreciation of, and cost of removal of fixtures, personalty and improvements installed in the Leased Premises by, or at the expense of Tenant, and to any other award made by the appropriating authority directly to Tenant.

  • Performance Share Units The Committee may, in its discretion, grant to Executive performance share units subject to performance vesting conditions (collectively, the “Performance Units”), which shall be subject to restrictions on their sale as set forth in the Plan and an associated Performance Unit Grant Letter.

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