Relocation Premium Sample Clauses
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Relocation Premium. In a board where there is surplus, such a measure shall permit a tenured teacher who is relocated outside the public and parapublic sectors to benefit from a relocation premium.
Relocation Premium. A) In a board where there is surplus, such a measure shall permit a tenured teacher who is relocated outside the public and parapublic sectors to receive a relocation premium.
B) When there are no teachers on availability at the board or no teacher on availability in that board meets the criteria in clause 5-4.04 in order to fill a full-time teaching position, the Board may grant a relocation premium to a teacher if the premium permits the relocation of a teacher on availability to that board from another board.
C) The granting of the premium shall be the exclusive responsibility of the Board; however, in the case of a refusal, the Board, if the teacher so requests, shall provide the latter with the reasons for its refusal.
D) The premium shall be subject to the provisions of Appendix 9.
Relocation Premium. Subject to the terms and conditions set forth in this Agreement, Company shall pay Employee, and Employee shall accept, a one-time relocation premium of One Hundred and Fifty Thousand Dollars ($150,000), minus any applicable withholdings, within thirty (30) days of Employee’s start date. This relocation premium shall be repayable to the Company on a prorated basis if the Employee leaves the Company’s employment within the initial contract period of three years from the anniversary of date of hire.
Relocation Premium. In recognition of the inconvenience involved in an international relocation, the company will provide you with an additional allowance, above and beyond other cost-related allowances, referred to as a Relocation Premium. This allowance will take the form of a lump-sum payment, equal to 10% of your annual base salary at the time of payment. This payment will be processed after you this agreement is signed and within 30 days of the start date in the host country. This payment will be made by our Relocation Partner, NEI Global and will not originate within the CSA Payroll function. This is a gross payment from which applicable home or host-country taxes will be withheld.