Common use of Order of Distribution Clause in Contracts

Order of Distribution. The distribution will be made in the following order: 1. Each faculty member’s salary will first be increased by the across-the-board increment. 2. Members of the bargaining unit who are promoted in rank will then receive the promotion bonus described in B above. 3. After application of the across-the-board and the promotion bonus provisions, any faculty member whose salary is below minimum for her/his rank will have her/his salary increased to the minimum of her/his rank as indicated in A. above. 4. Merit Adjustments to Base Salary, when applicable, will be added after application of all the above provisions.

Appears in 2 contracts

Samples: Faculty Contract, Faculty Contract

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Order of Distribution. The distribution will be made in the following order: 1. Each faculty member’s 's salary will first be increased by the across-the-board incrementincrement described in C above. 2. Members of the bargaining unit who are promoted in rank will then receive the promotion bonus as described in B above. 3. After the application of the across-the-board and the promotion bonus provisions, any faculty member whose salary is below the minimum for her/his rank will have her/his salary increased to the minimum of for her/his rank as indicated in A. A above. 4. Merit Adjustments to Base Salary, when applicable, The funds in the equity pools will be added distributed after application of all of the above provisions.

Appears in 1 contract

Samples: Faculty Contract

Order of Distribution. The distribution will be made in the following order: 1. Each faculty member’s salary will first be increased by the across-the-board incrementincrement described in C above. 2. Members of the bargaining unit who are promoted in rank will then receive the promotion bonus as described in B above. 3. After the application of the across-the-board and the promotion bonus provisions, any faculty member whose salary is below the minimum for her/his rank will have her/his salary increased to the minimum of for her/his rank as indicated in A. A above. 4. Merit Adjustments to Base Salary, when applicable, The funds in the equity pools will be added distributed after application of all of the above provisions.

Appears in 1 contract

Samples: Faculty Contract

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Order of Distribution. The distribution will be made in the following order: 1. Each faculty member’s salary will first be increased by the across-the-board increment. 2. Members of the bargaining unit who are promoted in rank will then receive the promotion bonus described in B above. 3. After application of the across-the-board and the promotion bonus provisions, any faculty member whose salary is below minimum for her/his rank will have her/his salary increased to the minimum of her/his rank as indicated in A. above. 4. Merit Adjustments to Base Salary, when applicable, will be added after application of all the above provisions.

Appears in 1 contract

Samples: Faculty Contract

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