RENEWAL PERIOD COMPENSATION Sample Clauses

RENEWAL PERIOD COMPENSATION. 3.1 After the Initial Term, the City reserves the right to extend the term of this Agreement pursuant to Section 2.2 (“Options to Extend”) at the same rates as the Initial Term unless otherwise requoted and agreed to in writing by the Parties.
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RENEWAL PERIOD COMPENSATION. 6.1. Pursuant to Section 2.2 of the Agreement, the City reserves the right to extend the term of this Agreement for five (5) additional one-year terms (“Option Periods”).
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RENEWAL PERIOD COMPENSATION. Pursuant to Section 3.2 of the Agreement, the City reserves the right to extend the term of this Agreement for additional five-additional one-year terms (“Option Periods”) at the same biennial rates as set forth in Year 4 and Year 5 of Table B-1, subject to annual compensation adjustments as outlined in Section 5, “Annual Adjustments”.
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RENEWAL PERIOD COMPENSATION. Pursuant to Section 2.2 of the Agreement, the City reserves the right to extend the term of this Agreement as may be required (“Option Periods”) for ongoing hosting and software subscription/maintenance services, After the initial five-year term, ongoing support/maintenance services cost is estimated at $68,401 per year with any future support/maintenance renewal cost adjustments capped at 3 percent annually pursuant to the CPI, if applicable. The Director of Finance is authorized to exercise options on behalf of the City.
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Related to RENEWAL PERIOD COMPENSATION

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

  • Compensation for Holidays Worked Employees who are required to work on a holiday, shall be compensated at time- and-one-half times the employee's base hourly rate for each hour worked on the holiday up to a maximum of eight and one-half (8½) hours or one-tenth (1/10th) the number of regularly scheduled hours in the employee's standard work period, whichever is less. Time worked in excess of eight and one-half (8½) hours on a holiday shall be compensated in accordance with Article 5, Section 2, Overtime.

  • Basic Compensation An employee, at the employee's option, may report to court when subpoenaed or remain on call. If the employee elects to appear in court, the division supervisor must be notified, at the latest, one administrative day prior to the scheduled court appearance. If the employee wishes to remain on call, the employee must be able to appear in court not more than one hour after being notified that the employee's appearance is required in court. To appear in court more than an hour after having been notified will void the employee's right to on-call compensation. An employee need not remain at home, but must be available for telephonic notification at a location where the supervisor knows the employee can be reached.

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