Promotion Awards and Increases. Upon promotion, a faculty member will be raised to the minimum for the new title or receive a $25 per credit increase to their current rate, whichever is greater. A Lecturer I promoted to a Lecturer II, or a Lecturer II promoted to a Lecturer III shall receive a one-time payment of $2000, less appropriate tax deduction. Promotion to the rank of Clinical Educator II will result in a promotional salary increase of $600 over the Clinical Educator I salary for the faculty member at 0.25 FTE for nine-months. This amount will be prorated accordingly to FTE and term. Promotion to the rank of Clinical Educator III will result in a promotional salary increase of $600 over the Clinical Educator II salary for the faculty member at 0.25 FTE for nine-months. This amount will be prorated accordingly to FTE and term.