Common use of Ratification Bonus Clause in Contracts

Ratification Bonus. Upon ratification of this Agreement by RPEA and the City of Rohnert Park, the City shall pay to each employee a ratification bonus of $500.00. This bonus will be paid in one lump sum in the first full pay period for the fiscal year 2014/15. The ratification bonus is taxable and all regular payroll taxes will be withheld unless deferred into a 457 account.

Ratification Bonus. Upon ratification of this Agreement by RPEA SEIU and the City of Rohnert Park, the City shall pay to each employee a ratification bonus of $500.00. This bonus will be paid in one lump sum in the first full pay period for the fiscal year 2014/152014/15 (July 25, 2014). The ratification bonus is taxable taxable, and all regular payroll taxes will be withheld unless deferred into a 457 account.

Ratification Bonus. Upon ratification of this Agreement by RPEA RPPSMA and the City of Rohnert Park, the City shall pay to each employee a ratification bonus of $500.00. This bonus will be paid in one lump sum in the first full pay period for the fiscal year 2014/15. The ratification bonus is taxable and all regular payroll taxes will be withheld unless deferred into a 457 account.

Ratification Bonus. Upon ratification of this Agreement by RPEA RPPSOA and the City of Rohnert Park, the City shall pay to each employee a ratification bonus of $500.00. This bonus will be paid in one lump sum in the first full pay period for the fiscal year 2014/15. The ratification bonus is taxable and all regular payroll taxes will be withheld unless deferred into a 457 account.