Salary and Payment Sample Clauses

Salary and Payment. 1. After employee finished the work target in the legal work time, employer have to pay the amount which cannot be lower than the province minimum amount of money in currency. In the duration of the contract, the employer must pay the amount of: post wage + technology grade wage=Basic wage (produce dividend or sales dividend are exceptions) to employee. 2. Without the responsibility of employee for stopping work, in the duration period, employer have to pay the money to keep the basic life expenditure of employee, and the level of amount cannot be lower than the standard of local government set. 3. During the work time, employer can change the payment according to the contribution of employee.
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Salary and Payment. 1. Monthly payment is USD 8,000, and payable each month. 2. Party B will also enjoy the welfare and employment benefits provided by Party A based on its employment rules and system during his employment with Party A.
Sample 1
Salary and Payment. Employer shall pay Employee a salary equal to $50,000 on an annualized basis. Such salary shall accrue at such rate on a weekly basis but shall be payable as follows: During the first six months of employment, all salary shall accrue but shall not be payable. Commencing September 1, 1992, Employee, if still employed, will commence receiving regular weekly paychecks. The accrued but unpaid salary for the first six months (or shorter period if termination occurs earlier) shall be payable: (i) in 12 equal monthly installments commencing September 1, 1992, or (ii) in a lump sum if Employee's employment is involuntarily terminated at any time. No interest shall be due on any accrued salary. In the event Employee voluntarily terminates employment with Employer during the 12 months from the start of employment under this Agreement, Employee shall have no right to any accrued but unpaid compensation at the time of termination. Nothing in the foregoing gives Employee the right to remain as an employee of Employer for any fixed term of employment.
Sample 1
Salary and Payment. ‌ A. All administrators will be paid on a biweekly basis on a twenty-six (26) pay plan. Employees shall be paid via electronic direct deposit into a bank account designated by the employee. Such bank account information shall be provided to the Payroll Department via CREC Direct Deposit Form. Designated banks may be changed in any other month except for June, July, or August. B. In the event of termination of the contract of employment of an administrator, CREC shall pay salary earned through the date of termination on a per diem basis. C. In determining the initial placement on the salary schedule for administrators new to CREC, credit may be granted for similar experience in other communities and the administrator shall be placed on the appropriate step of the salary schedule as determined by the Executive Director or his/her designee. D. If an administrator is assigned in writing by the Executive Director or his/her designee to work in an administrative position in a higher salary group than his/her regular group and said administrator works in the designated administrative position for more than ten (10) consecutive work days, then he/she shall receive pay of the higher salary group in which he/she is working commencing after the tenth (10th) consecutive work day at the salary step in the higher classification that provides a salary increase. X. Xx administrator placed in a position with a lower salary than his or her prior position shall be paid the salary of the prior position for one (1) calendar year. Thereafter the administrator shall be paid the rate on the grid for his or her new position commensurate with his or her years of experience. This provision shall not apply to position eliminations as discussed in Article 9 (Reduction in Force). Instead, Article 9 shall apply where member’s positions have been eliminated.
Sample 1
Salary and Payment a. As set forth in paragraph two (2), Orchestra Teacher shall be considered a full-time employee of Bettendorf CSD. Bettendorf CSD shall provide the contract setting forth the full-time salary, benefits, and leaves on a yearly basis. b. Pleasant Valley CSD will pay 43% of the cost of salary and employee benefits for each school year covered by this Agreement to Bettendorf CSD. Pleasant Valley CSD will reimburse Bettendorf CSD for the cost of employee travel paid by Bettendorf CSD for travel between Pleasant Valley CSD school sites. Bettendorf CSD shall send an invoice to Pleasant Valley CSD on a monthly basis for employee travel and at the end of each semester for salary and benefits payments. Pleasant Valley CSD shall remit payment within thirty (30) days of the date of invoice. c. Costs of general supplies, materials, etc. necessary for the functioning of each district’s separate programs shall be paid by each district separately. d. Additional costs associated with professional development, shared work materials, or workshops related to the position, will be shared by the districts in proportion to the percentage of time worked for each district, as established in this agreement. e. There shall be no reimbursement for normal travel between districts in the carrying out of duties under this Agreement.
Sample 1
Salary and Payment. A. All administrators will be paid on a biweekly basis. Employees shall be paid via electronic direct deposit into a bank account designated by the employee. Such bank account information shall be provided to the Payroll Department via GUMS Direct Deposit Form. D. In the event of termination of the contract of employment of an administrator through resignation, retirement or otherwise, GUMS shall pay salary earned through the date of termination on a per diem basis. E. If an administrator is assigned in writing by the Superintendent or his/her designee to work in an administrative position in a higher salary group than his/her regular group and said administrator works in the designated administrative position for more than ten
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Salary and Payment a. As set forth in paragraph two (2), OPERATIONS AND MAINTENANCE MANAGEMENT Director shall be considered a full-time employee of Marshalltown CSD. Marshalltown CSD shall provide the contract setting forth the full-time salary, benefits, and leaves on a yearly basis. b. East Xxxxxxxx CSD will pay 20% of the cost of salary and employee benefits for each school year covered by this Agreement to Marshalltown CSD. Marshalltown CSD shall send an invoice to East Xxxxxxxx CSD on a quarterly basis. East Xxxxxxxx CSD shall remit payment within thirty (30) days of the date of invoice. c. Costs of general supplies, material, etc. necessary for the functioning of each district’s separate programs shall be paid by each district separately. d. Additional costs associated with professional development, shared work materials, or workshops related to the position, will be shared by the districts in proportion to the percentage of time worked for each district, as established in this agreement.
Sample 1
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Salary and Payment. A. Schedule: Salaries shall be as set out in the Salary Allocation Schedule that is attached to and made a part of this Agreement as Appendix G.
Sample 1
Salary and Payment. A. Schedule: Salaries shall be as set out in the Salary Allocation Schedule that is attached to and made a part of this Agreement as Appendix G (3 pages for 19/20, 20/21, 21/22 years) B. Retroactively: Should the date of execution of this Agreement be subsequent to the effective date, salaries shall be retroactive to the effective date. Retroactive pay, where applicable, shall be paid on the first regular payday following execution of this Agreement. C. Initial Placement:
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Related to Salary and Payment

  • Compensation and Payment 3.1 Consultant’s fees shall be calculated at the rates set forth in the attached Exhibit A. The Maximum Compensation for the performance of Services within the Scope of Services described in Exhibit A is ten thousand five hundred eighty-five dollars and no/100 ($10,585.00) as set forth in Exhibit A. In no case shall the amount paid by County under this Agreement exceed the Maximum Compensation without a written agreement executed by the parties. 3.2 All performance of the Scope of Services by Consultant including any changes in the Scope of Services and revision of work satisfactorily performed will be performed only when approved in advance and authorized by County. 3.3 County will pay Consultant based on the following procedures: Upon completion of the tasks identified in the Scope of Services, Consultant shall submit to County staff person designated by the County Engineer, one (1) electronic (pdf) copy of the invoice showing the amounts due for services performed in a form acceptable to County. County shall review such invoices and approve them within 30 calendar days with such modifications as are consistent with this Agreement and forward same to the Auditor for processing. County shall pay each such approved invoice within thirty (30) calendar days. County reserves the right to withhold payment pending verification of satisfactory work performed.

  • Compensation and Payment Terms (a) Consultant’s fees for the Services shall be calculated at the rate(s) set forth in Exhibit “A” attached hereto. The Maximum Compensation to Consultant for the Services performed under this Agreement is One Hundred Ninety-Six Thousand Six Hundred Ninety-Seven and 70/100 Dollars ($196,697.70). In no event shall the amount paid by County to Consultant under this Agreement exceed said Maximum Compensation without an approved change order. (b) Consultant understands and agrees that the Maximum Compensation stated is an all-inclusive amount and no additional fee, cost or reimbursed expense shall be added whatsoever to the fees stated in the attached Exhibit “A.” (c) County will pay Consultant based on the following procedures: Upon completion of the tasks identified in the Scope of Services, Consultant shall submit to County staff person designated by the County Consultant, one (1) electronic (pdf) copy of the invoice showing the amounts due for services performed in a form acceptable to County. County shall review such invoices and approve them within 30 calendar days with such modifications as are consistent with this Agreement and forward same to the Auditor for processing. County shall pay each such approved invoice within thirty (30} calendar days. County reserves the right to withhold payment pending verification of satisfactory work performed.

  • COMPENSATION AND PAYMENTS 1.1 The Owner shall pay the Contractor to furnish all labor, equipment, materials and incidentals necessary for the construction of the Work described in the Specifications and shown on the Drawings the Contract Amount as shown below. Base Bid $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 1.2 The Contractor’s requisition shall contain sufficient detail and supporting information for the Owner to evaluate and support the payment requested. 1.2.1 Payments are due and payable twenty-five working days from the date of receipt of a Contractor requisition which is approved by the Owner. 1.2.2 Provisions for late payments are governed by 5 M.R.S. Chapter 144, Payment of Invoices Received from Business Concerns, and interest shall be calculated at 1% per month.

  • Rates and Payments Room and board fees are approved by the Board of Trustees during the spring semester for the following academic year; however, the University reserves the right to make adjustments as deemed necessary and appropriate in the sole discretion of the Vice President for Student Affairs or designee, at any time during the term of this agreement in accordance with Section 11.

  • Rates and Payment You agree to pay the residence fees for the accommodation assigned to you, including where applicable, the size of the accommodation, according to the payment schedule attached hereto as Appendix IV. You may either pay the entire amount due or pay the residence fees in instalments, in the amounts and on the dates outlined in Appendix IV. If you choose or are required to change your accommodation, you will be required to pay the fees stipulated for the new accommodation, including the meal plan, if applicable. Failure to pay the first instalment of residence fees by or on the date it is due will lead to forfeiture of your accommodation assignment. Charges for residence fees will continue until you complete the contract termination and check out process in section 1.12. Please note that the following terms apply to all fees and payments required by Student Housing and Community Services (i.e.: residence fees, activities/programs, assessments, et cetera): • Post-dated cheques will not be accepted. • A $35 service charge will be levied on all cheques returned by your bank for any reason. • You will pay all fees that may be imposed by the University from time to time in respect of failed electronic financial transactions, including, without limitation, electronic funds transfers and Interac transactions where, after initial processing, the transaction is cancelled or voided due to insufficient funds. • Late payments may not be accepted. If a late payment is accepted, it will be subject to late payment fees as follows: » first late payment - $25 » second late payment - $25 » third late payment - $50 » fourth and any subsequent late payments $75 ea.

  • Accrued Salary and Paid Time Off On the Separation Date, the Company will pay you all accrued salary, and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You are entitled to these payments by law.

  • Calculation and Payment Interest on LIBOR Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof); and (iii) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof); and (iv) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise.

  • Termination and Payment Upon any termination or expiration of this Agreement, Client shall pay all unpaid and outstanding fees through the effective date of termination or expiration of this Agreement. And upon such termination, Consultant shall provide and deliver to Client any and all outstanding services due through the effective date of this Agreement.

  • Prices and Payments 1. The price listed by the Contractor or otherwise the price commonly charged by the Contractor for the respective service is decisive, plus statutory value-added tax insofar as such is applicable. In case of transnational services, any possibly applicable taxes, fees, customs fees, and other charges (of any kind) incurred for the transnational service shall be borne by the Principal. 2. If, within the scope of contracts for the performance of a continuing obligation and long-term contracts, the Contractor's prime costs increase and such increase is not within the Contractor's own scope of responsibility, the Contractor is authorized to an appropriate price increase commensurate with the increase of its prime costs; if the Principal does not consent to such price increase it is authorized to terminate the Agreement within four weeks after receipt of such notification of a price increase; otherwise, the increase is deemed to be mutually agreed upon. A right to a price increase pursuant to this provision does not exist if the Principal is a Consumer. 3. The Principal shall pay the remuneration owed without any cash discounts, free of charge to the Contractor, and within two weeks after receipt of the invoice, to the bank account stated by the Contractor. Credit entry at the Contractor's account is decisive for the timeliness of the payment. The Contractor reserves the right to request appropriate installment payments and appropriate advance payments. 4. If the Agreement is based on a cost estimate, and if it turns out that the costs will be significantly higher than the amount estimated vis-a-vis the Principal, then the Contractor will inform the Principal of such in text form. In this case the Principal is authorized to terminate the Agreement in writing, within two weeks after receipt of such notification. In the event of a termination, the Contractor is authorized to request partial remuneration commensurate with the services already provided. Furthermore, the Contractor is authorized to request compensation for any expenses not included in the remuneration but incurred due to the provision of services. 5. If the Principal owes interest and expenses in addition to a possibly existing principal claim, any payment by the Principal that does not fully redeem the total sum will first be credited against expenses, secondly against interest, and lastly against the principal claim. 6. The Principal is entitled to offset and retention rights only if its counterclaims are legally ascertained, undisputed, or acknowledged in writing by the Contractor. This limitation does not apply to the Principal's claims for defects arising from the same contractual relation as the Contractor's payment claim. If the contract partner is a Consumer, then in contrast to clause 1, such contract partner is on principle entitled to unlimited retention rights for claims arising from the same contractual relation. 7. If, after conclusion of the Agreement, it becomes clear that the Contractor's claims vis-a-vis the Principal are at risk due to the Principal's lack of ability to perform, the Contractor is authorized to perform outstanding services only against advance payment or provision of a security as well as settlement of possibly still outstanding receivables for partial services already provided and arising from the Agreement, and - after unsuccessful expiration of a grace period - is authorized to withdraw from the Agreement; No. 4 clause 3 of this provision applies accordingly. 8. In case of payment default, the Principal owes default interest in the amount of 9 percentage points above the base interest rate if the Principal is an Entrepreneur; in the amount of 5 percentage points above the base interest rate if the Principal is a Consumer. The Contractor is entitled to assert further claims if it can prove higher damage to the Principal. The Contractor is furthermore entitled to charge a flat rate of € 40.00 if the Principal is an Entrepreneur. This shall also apply if the payment default relates to any kind of an installment. In case the Contractor may claim further compensation for damage, the flat rate has to be credited against such claims, . If the Principal is a Consumer the Contractor is entitled to charge a flat rate of € 5.00 per reminder. The Principal is entitled to provide evidence that the Contractor did not incur any damage or incurred significantly lower damage.

  • Salary and Wages Except in the case of a Permitted Termination or Furlough, the Recipient shall not, between the date of this Agreement and March 31, 2021, reduce, without the Employee’s consent, (A) the pay rate of any Employee earning a Salary, or (B) the pay rate of any Employee earning Wages.

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