Professional Expense Reimbursement Fund Sample Clauses

Professional Expense Reimbursement Fund. 28.1 The Employer shall provide each Member with a Professional Expense Reimbursement Fund (“PERF”) in the amount of $150 for each course taught. PERF allotments will be remitted to the Member on their first pay of the term in which it applies. It is the Member’s responsibility to ensure that the funds are used for non-taxable professional expenses in accordance with Tri-Council guidelines, and to retain all receipts for at least six years in accordance with CRA requirements.
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Professional Expense Reimbursement Fund. The University recognizes that the duty of CECLs to maintain academic and/or professional competence and currency will, from time to time, necessitate the incurring of expenses. Recognizing that it is the principal beneficiary of competence and currency stated immediately above, the University will establish a Professional Expense Reimbursement Fund (PERF) from which individual CECLs shall be reimbursed for eligible expenses according to the University policies and Canada Customs and Revenue Agency requirements. Professional development expenses include but are not limited to: (i) travel and associated expenses related to meetings, conferences, study leave or other similar professional activities, and eligible expenses not covered by or in excess of monies available from other funds for similar purposes; (ii) registration fees and other expenses for meetings of learned societies, other professional organizations, workshops, seminars and similar activities; (iii) membership fees in learned societies and professional organizations; (iv) books and subscriptions to scholarly journals; (v) expenses directly associated with teaching responsibilities or professional programmes; Subject to the terms of this Article, the University agrees to transfer to the local Union one-time lump sum payments as follows: • $125,000 by September 15th, 2021; • $125,000 by September 15th, 2022; and • $125,000 by September 15th, 2023. This money is for the professional development of the Xxxxx School CECLs represented by the Union and will be administered by the Union for specific employer related or general employment related training and related professional development purposes and for no other purpose. Any unused PERF monies based on the annual report and the external auditor’s special purpose review report will be retained by the Union and shall only be used in future years for reimbursement of professional expenses under this Article to a maximum carry forward of 50% of the annual allocation.
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Professional Expense Reimbursement Fund. 28.1 The Employer shall provide each Member with a Professional Expense Reimbursement Fund (“PERF”) in the amount of $150 for each course taught. The following expenses incurred by the Member are eligible for reimbursement from the PERF within the applicable Fiscal Year: (a) membership fees in accredited professional or academic organizations (other than union dues); (b) consumable materials and supplies related to the Member’s professional duties (i.e., course books, stationary, writing utensils, audio-visual materials, off-campus photocopying and PowerPoint clickers); and (c) conference fees and related expenses. 28.2 PERF allotments are only available for use in the applicable Fiscal Year.
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Professional Expense Reimbursement Fund. (a) A professional expense reimbursement fund (PERF) will be provided annually by the Board and will be approved by the Academic Xxxx. (b) All part-time faculty members are eligible to apply for funds including those not teaching a course in the current term, members on maternity and parental leave, and members on leave as provided for in Article 15.
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Professional Expense Reimbursement Fund. The University recognizes that the duty of Contract Lecturers to maintain academic and/or professional competence and currency will, from time to time, necessitate the incurring of expenses.
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Professional Expense Reimbursement Fund. The University recognizes that the duty of Contract Lecturers to maintain academic and/or professional competence and currency will, from time to time, necessitate the incurring of expenses. A. Sessional Contract Lecturers 1. Recognizing that it is the principal beneficiary of competence and currency stated immediately above, the University will establish a Professional Expense Reimbursement Fund (PERF) of $190,000 per annum from which individual sessional Contract Lecturers shall be reimbursed for eligible expenses according to the University policies and Canada Revenue Agency requirements. 2. Contract Lecturers shall receive the professional expense reimbursements outlined below subject to the annual Professional Expense Reimbursement Fund limit provided above (a) Each full workload sessional Contract Lecturer with a two (2) term appointment is entitled to a reimbursement as of August 16th of each year of the collective agreement as follows: (b) Each full workload half sessional Contract Lecturer with a Fall semester appointment is entitled to a reimbursement of August 16th, for each year of the collective agreement as follows: (c) Each full workload half sessional Contract Lecturer with a Winter semester appointment is entitled as of December 16th, for each year of the collective agreement as follows: (d) Each reduced workload sessional Contract Lecturer with a two (2) term appointment is entitled to a reimbursement as of August 16th, for each year of the collective agreement as follows: (e) Each reduced workload half sessional Contract Lecturer with a Fall semester appointment is entitled to a reimbursement as of August 16th, for each year of the collective agreement as follows: (f) Each reduced workload half sessional Contract Lecturer with a Winter semester appointment is entitled as of December 16th, for each year of the collective agreement. 3. For the 2016-2017 academic year only, any unused portions of the Professional Expense Reimbursement Fund account may be carried forward to the following academic year, that is the 2017- 2018 academic year, if the Contract Lecturer obtains an appointment in the 2017- 2018 academic year. In such cases any unused portion of the Contract Lecturer’s Professional Expense Reimbursement account shall be carried forward to the 2017- 2018 academic year, unless the amount would put a Contract Lecturer’s total account over two times the annual entitlement. Effective the 2018 – 2019 academic year, a Contract Lecturer wil...
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Related to Professional Expense Reimbursement Fund

  • Travel Expense Reimbursement Pricing for services provided under this Contract are exclusive of any travel expenses that may be incurred in the performance of those services. Travel expense reimbursement may include personal vehicle mileage or commercial coach transportation, hotel accommodations, parking and meals; provided, however, the amount of reimbursement by Customers shall not exceed the amounts authorized for state employees as adopted by each Customer; and provided, further, that all reimbursement rates shall not exceed the maximum rates established for state employees under the current State Travel Management Program (xxxx://xxx.xxxxxx.xxxxx.xx.xx/procurement/prog/stmp/). Travel time may not be included as part of the amounts payable by Customer for any services rendered under this Contract. The DIR administrative fee specified in Section 5 below is not applicable to travel expense reimbursement. Anticipated travel expenses must be pre-approved in writing by Customer.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Business Expense Reimbursement During the Term of employment, the Executive shall be entitled to receive proper reimbursement for all reasonable, out-of-pocket expenses incurred by the Executive (in accordance with the policies and procedures established by the Company for its senior executive officers) in performing services hereunder, provided the Executive properly accounts therefore.

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • Business Expense Reimbursements During the Term, the Company shall promptly reimburse Executive for Executive’s reasonable and necessary business expenses in accordance with the Company’s then-prevailing policies and procedures for expense reimbursement (which shall include appropriate itemization and substantiation of expenses incurred).

  • Compensation and Expense Reimbursement A. Client will pay the Company, as compensation for the services provided for in this Agreement and as reimbursement for expenses incurred by Company on Client's behalf, in the manner set forth in Schedule A annexed to this Agreement which Schedule is incorporated herein by reference. B. In addition to the compensation and expense reimbursement referred to in Section 2(A) above, Company shall be entitled to receive from Client a "Transaction Fee", as a result of any Transaction (as described below) between Client and any other company, entity, person, group or persons or other party which is introduced to, or put in contact with, Client by Company, or by which Client has been introduced to, or has been put in contact with, by Company. A "Transaction" shall mean merger, sale of stock, sale of assets, consolidation or other similar transaction or series or combination of transactions whereby Client or such other party transfer to the other, or both transfer to a third entity or person, stock, assets, or any interest in its business in exchange for stock, assets, securities, cash or other valuable property or rights, or wherein they make a contribution of capital or services to a joint venture, commonly owned enterprise or business opportunity with the other for purposes of future business operations and opportunities. To be a Transaction covered by this section, the transaction must occur during the term of this Agreement or the one year period following the expiration of this Agreement. The calculation of a Transaction Fee shall be based upon the total value of the consideration, securities, property, business, assets or other value given, paid, transferred or contributed by, or to, the Client and shall equal 5% of the dollar value of the Transaction. Such fee shall be paid by certified funds at the closing of the Transaction.

  • FEES; EXPENSES; EXPENSE REIMBURSEMENT The Administrator shall receive from the Funds such compensation for the Administrator’s services provided pursuant to this Agreement as may be agreed to from time to time in a written fee schedule approved by the parties and initially set forth in the Fee Schedule to this Agreement. The fees are accrued daily and billed monthly and shall be due and payable upon receipt of the invoice. Upon the termination of this Agreement before the end of any month, the fee for the part of the month before such termination shall be prorated according to the proportion which such part bears to the full monthly period and shall be payable upon the date of termination of this Agreement. In addition, the Funds shall reimburse the Administrator for its out-of-pocket costs incurred in connection with this Agreement. The Funds agree promptly to reimburse the Administrator for any equipment and supplies specially ordered by or for the Funds through the Administrator and for any other expenses not contemplated by this Agreement that the Administrator may incur on the Funds’ behalf at the Funds’ request or with the Funds’ consent. Each Fund will bear all expenses that are incurred in its operation and not specifically assumed by the Administrator. Expenses to be borne by the Funds, include, but are not limited to: organizational expenses; cost of services of independent accountants and outside legal and tax counsel (including such counsel’s review of a Fund’s registration statement, proxy materials, federal and state tax qualification as a regulated investment company and other reports and materials prepared by the Administrator under this Agreement); cost of any services contracted for by the Funds directly from parties other than the Administrator; cost of trading operations and brokerage fees, commissions and transfer taxes in connection with the purchase and sale of securities for the Funds; investment advisory fees; taxes, insurance premiums and other fees and expenses applicable to its operation; costs incidental to any meetings of shareholders including, but not limited to, legal and accounting fees, proxy filing fees and the costs of preparation, printing and mailing of any proxy materials; costs incidental to Board meetings, including fees and expenses of Board members; the salary and expenses of any officer, director\trustee or employee of the Funds; costs incidental to the preparation, printing and distribution of the Funds’ registration statements and any amendments thereto and shareholder reports; cost of typesetting and printing of prospectuses; cost of preparation and filing of the Funds’ tax returns, Form N-1A or N-2 and Form N-SAR, and all notices, registrations and amendments associated with applicable federal and state tax and securities laws; all applicable registration fees and filing fees required under federal and state securities laws; fidelity bond and directors’ and officers’ liability insurance; and cost of independent pricing services used in computing each Fund’s net asset value. The Administrator is authorized to and may employ or associate with such person or persons as the Administrator may deem desirable to assist it in performing its duties under this Agreement; provided, however, that the compensation of such person or persons shall be paid by the Administrator and that the Administrator shall be as fully responsible to the Funds for the acts and omissions of any such person or persons as it is for its own acts and omissions.

  • Compensation; Reimbursement At the closing of each Offering (each, a “Closing”), the Company shall compensate Xxxxxxxxxx as follows:

  • Reimbursement of Travel Expenses If the Servicer provides access to the Review Materials at one of its properties, the Issuer will reimburse the Asset Representations Reviewer for its reasonable travel expenses incurred in connection with the Review on receipt of a detailed invoice.

  • Fees, Expenses and Reimbursement (a) The Board may cause the Fund to compensate each Manager who is not an "interested person" of the Fund (as defined in the 1940 Act), and such Manager shall be reimbursed by the Fund for reasonable travel and out-of-pocket expenses incurred by him in performing his duties under this Agreement. (b) The Fund shall bear all costs and expenses incurred in its business and operations. Costs and expenses to be borne by the Fund include, but are not limited to, the following: (1) all costs and expenses directly related to investment transactions and positions for the Fund's account, including, but not limited to, brokerage commissions, research fees, interest and commitment fees on loans and debit balances, borrowing charges on securities sold short, dividends on securities sold but not yet purchased, custodial fees, margin fees, transfer taxes and premiums, taxes withheld on foreign dividends, and indirect expenses from investments in Investment Funds; (2) all costs and expenses associated with the operation and registration of the Fund, offering costs and the costs of compliance with applicable Federal and state laws; (3) all costs and expenses associated with the organization and operation of separate Investment Funds managed by Investment Managers retained by the Fund; (4) the costs and expenses of holding meetings of the Board and any meetings of Members, including costs associated with the preparation and dissemination of proxy materials; (6) the fees and disbursements of the Fund's counsel, legal counsel to the Independent Managers, auditing and accounting expenses and fees and disbursements for independent accountants for the Fund, and other consultants and professionals engaged on behalf of the Fund; (7) the fees payable to custodians and other persons providing administrative services to the Fund; (8) the costs of a fidelity bond and any liability insurance obtained on behalf of the Fund or the Board or Indemnitees; (9) all costs and expenses of preparing, setting in type, printing, and distributing reports and other communications to Members; and (10) such other types of expenses as may be approved from time to time by the Board. (c) Subject to procuring any required regulatory approvals, from time to time the Fund may, alone or in conjunction with other registered or unregistered investment funds or other accounts for which CSFB Alternative Capital, or any Affiliate of CSFB Alternative Capital, acts as general partner or investment adviser, purchase insurance in such amounts, from such insurers and on such terms as the Board shall determine.

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