Common use of Ratification Bonus Clause in Contracts

Ratification Bonus. Each regular full-time employee on the payroll as of the date of ratification will receive a single $1,000 lump sum contract ratification bonus. Each part-time employee on the payroll as of the day of ratification will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Ratification Bonus. Each regular Provided this Agreement is ratified by the bargaining unit employees no later than November 15, 2018, each full-time employee on the payroll as of the date of ratification will receive a single one-time one hundred- dollar ($1,000 100) lump sum contract ratification bonuspayment on the first regular payroll date following such ratification. Each Likewise, each part-time employee on the payroll as of the day of ratification will receive a prorated one-time fifty-dollar ($50) lump sum payment on the first regular payroll date following such ratification. However, for any employee receiving a three percent (3%) wage increase upon ratification, the employee’s ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013shall be doubled.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Ratification Bonus. Each regular All full-time employee on the payroll and part-time employees as of ratification of the date of ratification current contract will receive a single $1,000 one-time lump sum contract ratification bonus. Each part-time employee bonus of $225.00 paid on the payroll as first full pay period following ratification of the day of ratification will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013this collective bargaining agreement.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Ratification Bonus. Each regular full-time The Employer will pay a ratification bonus in the gross amount of seven hundred fifty dollars ($750.00), less required withholding, to all bargaining unit employees payable in the first full pay period following ratification. To be eligible to receive this ratification bonus, an employee must be employed on the payroll as of the date of ratification will receive a single $1,000 lump sum contract ratification bonus. Each part-time employee on the payroll as of the day of ratification will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013ratification.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Ratification Bonus. Each The Employer will pay to each regular full-time employee Full Time and Part Time Employee who is employed on the payroll as of the date of ratification will receive a single $1,000 one-time lump sum contract ratification bonus. Each partbonus of $200 per year of service, and a pro-time employee on the payroll rated amount for partial years of service as of April 1, 2021, calculated using the day of ratification will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013.formula:

Appears in 1 contract

Samples: Memorandum of Agreement

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Ratification Bonus. Each regular full-time employee All employees on the payroll as of on the date of ratification will shall receive a single $1,000 lump sum contract ratification bonus. Each part-The bonus shall be paid within 30 days of ratification. Employees classified as full time employee on the payroll as of the day date of ratification shall receive a $500 bonus and employees classified as part time on the date of ratification shall receive a $250 bonus. Employees on a leave of absence will receive a prorated ratification their bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013upon return to work.

Appears in 1 contract

Samples: Memorandum of Agreement

Ratification Bonus. Each active regular full-time employee on the payroll as of the date of ratification and on the payout date will receive a single two-hundred and fifty dollar ($1,000 250) lump sum contract ratification bonus. Each active part-time employee on the payroll as of the day date of ratification and on the payout date will receive a prorated ratification bonus based on their part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7August 26, 20132016. All ratification bonus payments will have appropriate deductions withheld. Such payment shall be made as soon as practicable following ratification.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Ratification Bonus. Each regular full-time employee on the payroll as of the date of ratification will receive a single $1,000 lump sum contract ratification bonus. Each part-time employee on the payroll as of the day of ratification will receive a prorated ratification bonus based on their t heir part-time classification (or “part-time equivalent work week”) on the ratification date. These ratification bonuses are contingent on the Agreement being ratified by May 7, 2013. Other Article 13 Changes 13.07- Deleted sickness or accident. No intent change. Name change only.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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