Common use of RATIFICATION AND RECOGNITION LUMP SUM Clause in Contracts

RATIFICATION AND RECOGNITION LUMP SUM. Effective the first full pay period following 60 days after ratification, all Residents shall receive a non- base-building $4,000.00 lump sum payment. Such payment will be paid as wages and subject to all taxes and other appropriate deductions, excluding Union dues. Eligible Residents must be in the bargaining unit on the date of payout.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Committee of Interns and Residents, www.cirseiu.org

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RATIFICATION AND RECOGNITION LUMP SUM. Effective the first full pay period following 60 days after ratification, all Residents shall receive a non- base-building $4,000.00 3,000.00 lump sum payment. Such payment will be paid as wages and subject to all taxes and other appropriate deductions, excluding Union dues. Eligible Residents must be in the bargaining unit on the date of payout.

Appears in 1 contract

Samples: Agreement

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