Monetary Award Sample Clauses

Monetary Award. Each year, the Achievement and Contribution Award recipients chosen by the ACA Selection Committee shall receive a monthly base increase of $107 per month retroactive to the previous September 1.
Sample 1Sample 2
AutoNDA by SimpleDocs
Monetary Award. Any grievance decided against Employer which requires payment of a monetary award shall be paid within thirty days of the date of the award unless it is not provided for in Employer's fiscal year appropriation. In such case the delayed payment shall be made in the first month of the next succeeding fiscal year, at which time it shall be paid with interest from date of the award at the highest pass-book interest rate in the Xxxxxxxx area.
Sample 1
Monetary Award. An award in which the recognition device is a cash payment that does not increase the employee’s rate of basic pay.
Sample 1
Monetary Award. $1,000 per year will be set aside by the District for this award. If there is no one selected, the money will be carried over. Whatever the amount in the budget, it can only be divided up to five in any one year.
Sample 1
Monetary Award. A settlement payment will be made to each eligible Settlement Class Member by the Settlement Administrator from the Net Settlement Fund. The monetary award available for each Settlement Class Member will be calculated by the Settlement Administrator based on an assignment of points to each Settlement Class Member according to the Settlement Class Member’s length of tenure (e.g., weeks worked) between November 23, 2016 and the date of the Preliminary Approval Order as an FA, FSA, or PMD/FADP. Fifty percent (50%) of the Net Settlement Fund shall be allocated to Settlement Class Members who worked as an FA during the Class Period. Fifty percent (50%) of the Net Settlement Fund shall be allocated to Settlement Class Members who worked as an FSA or PMD/FADP during the Class Period. (1) Tenure points shall be allocated based on workweeks worked between November 23, 2016 and the date of the Preliminary Approval Order. (2) The Settlement Administrator will total the points attributable to each Settlement Class Member between November 23, 2016 and the date of the Preliminary Approval Order and divide each Settlement Class Member’s points by the total points to obtain the Settlement Class Member’s share of the Net Settlement Fund. The Settlement Administrator will multiply each Settlement Class Member’s share by the Net Settlement Fund to determine the Allocated Settlement Amount. (3) Weeks are based on calendar weeks in the year, and Settlement Class Members will receive credit for the week if the Settlement Class Member was employed as an FA, PMD/FADP, or FSA for any part of that week, including if the Settlement Class Member was out on leave, or using sick or vacation days during the week. (4) The Settlement Administrator’s determination shall be final. Defendants, Counsel for Defendants, and Class Counsel shall have no responsibility, and may not be held liable, for any determination reached by the Settlement Administrator.
Sample 1
Monetary Award. The proposed settlement obligates the defendant to pay a potential maximum settlement amount (called the “Potential Maximum Consideration” in the Agreement) of One Hundred Twenty Million Dollars ($120,000,000). This payment is “all inclusive,” including, but not limited to, unpaid overtime pay, pay for meal and rest break violations, any and all associated penalties, interest, employer tax contributions, costs, attorneys’ fees, class administration costs, referee costs, incentive payments to the named plaintiffs, etc. These settlement proceeds will be paid to Class Members as described in Section VI later in this Notice.
Sample 1
Monetary Award. A payment of Two Hundred and Fifty Dollars and No/100 Cents ($250.00) will be made to Tier One Class Members. Tier One Class Members who were not eligible for hire because they are disqualified under the Approved Background Check Policy are not required to file a claim with the Settlement Administrator seeking compensation.
Sample 1
AutoNDA by SimpleDocs
Monetary Award. A payment of One Thousand Nine Hundred and Fifty Dollars and No/100 Cents ($1,950.00) will be made to Tier Two Class Members, whether or not the individual qualifies for instatement.
Sample 1
Monetary Award. A payment of Two Thousand Three Hundred and Fifty Dollars and No/100 Cents ($2,350.00) will be made to Tier Three Class Members.
Sample 1

Related to Monetary Award

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

  • 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.

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

  • 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.

  • Service Award Named Plaintiff may apply to the Court for a service award of up to ten thousand dollars ($10,000). Subject to the Court’s approval, the service award shall be paid from the Settlement Fund ten (10) days after the Effective Date.

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Performance Shares Each Performance Share is a bookkeeping entry that records the equivalent of one Share. Upon the vesting of the Performance Shares as provided in Section 2, the vested Performance Shares will be settled as provided in Section 3.

  • Grant of Restricted Stock Unit Award The Company hereby grants to the Participant, as of the Grant Date specified above, the number of RSUs specified above. Except as otherwise provided by the Plan, the Participant agrees and understands that nothing contained in this Agreement provides, or is intended to provide, the Participant with any protection against potential future dilution of the Participant’s interest in the Company for any reason, and no adjustments shall be made for dividends in cash or other property, distributions or other rights in respect of the shares of Common Stock underlying the RSUs, except as otherwise specifically provided for in the Plan or this Agreement.

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