Common use of Ratification Bonus Clause in Contracts

Ratification Bonus. A lump sum cash payment in the amount of $1,000, pro-rated for other than full-time employees, shall be payable as soon as practicable upon ratification of the Agreement to those employees who are on payroll as of the date of ratification. The lump sum cash payment shall be pensionable, consistent with applicable law.

Appears in 2 contracts

Samples: ) Agreement, 2018 Agreement

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Ratification Bonus. i. A lump sum cash payment in the amount of $1,000, pro-rated for other than full-full time employees, shall be payable as soon as practicable upon ratification of the Agreement May 1st MOA to those employees who are on payroll as of the date day of ratification. The This lump sum cash payment shall be is pensionable, consistent with applicable law, and shall not be part of the Employee’s basic salary rate.

Appears in 1 contract

Samples: a856-cityrecord.nyc.gov

Ratification Bonus. A lump sum cash payment in the amount of $1,000, pro-rated for other than full-time employees, shall be payable as soon as practicable upon ratification of the 2010-2017 DC 37 Memorandum of Agreement to those employees who are on payroll as of the date of ratification. The lump sum cash payment shall be pensionable, consistent with applicable law.

Appears in 1 contract

Samples: Agreement

Ratification Bonus. A lump sum cash payment in the amount of $1,000, pro-rated for other than full-full- time employees, shall be payable as soon as practicable upon ratification of the Agreement to those employees who are on payroll as of the date of ratification. The lump sum cash payment shall be pensionable, consistent with applicable law.

Appears in 1 contract

Samples: Agreement

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Ratification Bonus. A lump sum cash payment in the amount of $1,000, pro-rated for other than full-full time employees, shall be payable as soon as practicable upon ratification of the Agreement to those employees who are on payroll as of the date day of ratification. The This lump sum cash payment shall be is pensionable, consistent with applicable law, and shall not be part of the Employee’s basic salary rate.

Appears in 1 contract

Samples: Memorandum of Agreement

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