PRICE INDEXING AND INDEXATION OF COMPENSATION Sample Clauses

PRICE INDEXING AND INDEXATION OF COMPENSATION. Insurance amounts are based on the consumer price index for inflation adjustment effective from 1 February 2024 (608.3 points) and are adjusted on the first day of each month in proportion to the adjustment of the price index. Compensation amounts are calculated on the basis of the insurance amounts on the date of the accident but are adjusted, however, on the basis of the consumer price index as follows: Compensation amounts change in direct proportion to changes in the price index from the date of the accident to the date of settlement.
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PRICE INDEXING AND INDEXATION OF COMPENSATION. Insurance amounts are based on the consumer price index for inflation adjustment effective from February 1, 2008 (282.6 points) and are adjusted on the first day of each month in proportion to the adjustment of the price index. Compensation amounts are calculated on the basis of the insurance amounts on the date of the accident but are adjusted on the basis of the consumer price index in direct proportion to changes in the price index from the date of the accident to the date of settlement.

Related to PRICE INDEXING AND INDEXATION OF COMPENSATION

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

  • Total Compensation Contractor shall include Total Compensation in XXX for each of its five most highly compensated Executives for the preceding fiscal year if: 4.1. The total Federal funding authorized to date under the Award is $25,000 or more; and 4.2. In the preceding fiscal year, Contractor received:

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