Operation of the Plan. Each year a Sabbatical Leave Plan Selection Committee will be established in September to consider, select and approve Sabbatical Leave Plans. The approval of a plan is to be subject to the securing of a suitable replacement teacher. If an application is rejected, then the reason(s) for rejection will be given to the applicant, but the decision of the committee shall be final and without appeal. The Selection Committee shall be comprised of the following: 2 trustees 2 teachers appointed by the Branch Affiliate 1 principal named by the Director 1 senior administrator named by the Director who will act as chairperson and secretary of the committee
Operation of the Plan. The number of shares of Common Stock to be delivered to Grantee shall be the result of multiplying Grantee’s number of Maximum Award by the value of the weighted ratio of achievement of each of the Performance Goals, in accordance with the formula set forth below.
Operation of the Plan. 3.1 Honoring Credit Cards 3.2 Operating Procedures; Amendment
Operation of the Plan. 5.1 Binding nature of Rules The Plan will operate in accordance with these Rules (including the Offer and the Loan Terms) which bind the Company and each Participant and any Affiliated Shareholder.
Operation of the Plan. 23.5.1 The Board's Superintendent responsible for Human Resources shall continue to use a Sick Leave Ledger, in which sick leave credits shall be entered as follows:
Operation of the Plan. The Administrator shall be the named fiduciary responsible for carrying out the provisions of the Plan. The Administrator may delegate any and all of its powers and responsibilities hereunder or appoint agents to carry out such responsibilities, and any such delegation or appointment may be rescinded at any time. The Administrator shall establish the terms and conditions under which any such agents serve. The Administrator shall have the full and absolute authority to employ and rely on such legal counsel, actuaries and accountants (which may also be those of the Employer) as it may deem advisable to assist in the administration of the Plan.
Operation of the Plan. For each Participant a fixed cash amount will be specified for the purposes of participation in The Plan. The overall Plan funding will be based on the achievement of corporate targets and/or business unit/departmental business plans. Individual bonus achievement will be based upon achievement of team, individual and development-based performance goals as agreed to by you and your manager and maintained within Reflektive. A copy of the business plan will be on file with the Human Resources Department and each participant will be provided a copy. Each participant must sign a copy of The Plan document acknowledging that the document was reviewed. Everbridge management reserves the right to modify the Plan at any time. Notification of changes to the Plan will be made in writing to affected participants. Changes may be made to the Plan periodically in order to revise goals, update strategies or correct errors. Performance against business targets will be assessed at the end of the fiscal year once all financial results of the Company have been prepared and approved. Everbridge management will have the discretion to adjust, up or down, any employee’s payout based on subjective assessment of the employee’s individual performance throughout the year. Any adjustment to individual bonus target will not increase the overall bonus pool funding relative to the level of achievement of the Company. All metrics will be measured independently. For most Plan elements, a minimum threshold between 85-90% must be achieved for each element to be qualified for payout. If any individual element is not achieved, other elements of the plan may still payout, if the requisite minimum threshold is met. Payment Bonus payments will be made annually after the official close of the operating year, estimated to occur no later than May of the year following. Payment will be made to each participant provided that the participant: • Has not given notice to resign employment before any payment is made, and • Remains an active employee at the time of payout. Any payment to which participants in the following categories may be entitled will be pro-rated: • Employees whose eligibility for participation in The Plan begins after January 1, 2019, or • Employees who are transferred to another position, business unit, department or group within the Company during the plan year and their new position does not qualify them as eligible to participate in The Plan. • Employees who transfer to a position a...
Operation of the Plan. 2.1 The parties acknowledge and agree:
Operation of the Plan. The basis of this plan is that the applicant will borrow money as primary debtor from the Bank of Nova Scotia, Carleton University Branch, and Carleton University will guarantee repayment of such loan to the Bank subject to execution by the employee of a Second Mortgage in favour of Carleton University. First priority for guaranteed housing loans shall be to provide second mortgages for purchasing a first home or dwelling unit.
Operation of the Plan. The General Secretary shall set up a sick leave ledger in which sick leave credits shall be entered as follows:
