Merit Award Sample Clauses

Merit Award. The department may make awards to current or retired State employees who:
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
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.
Sample 1Sample 2Sample 3See All (6)
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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2
Merit Award. The term "Merit Award" shall mean any Merit Award granted under the Plan.
Sample 1Sample 2
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.
Sample 1Sample 2
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.
Sample 1
AutoNDA by SimpleDocs
Merit Award. Above normal performance in at least two (2) of the three
Sample 1

Related to Merit Award

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

  • Performance Stock Units The Company may grant to Executive performance stock units (“PSUs”) pursuant to the Incentive Plan. All PSUs are subject to and conditioned on approval of the grant and its terms by the Board. All granted PSUs shall vest as provided in the applicable PSU grant notice and grant agreement (“PSU Agreement”). All PSUs shall be subject to the terms and conditions of the Incentive Plan and a PSU Agreement in a form prescribed by the Company, which Executive must sign as a condition to receiving the PSUs.

  • 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.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!