Salary Payment Schedules & Compensation Model Sample Clauses

Salary Payment Schedules & Compensation Model. 1. Teachers will receive their basic salary (including pay for extra duty assignments) divided among twenty-six (26) bi-weekly paychecks. Except as otherwise specifically provided hereinafter, but otherwise in accordance with section 409A of the Internal Revenue Code and the Treasury Regulations thereto (“409A”), the time or schedule of any payment of salary will not be accelerated.
AutoNDA by SimpleDocs
Salary Payment Schedules & Compensation Model. There will be no base increase for the 2020/2021 school year. The parties previously used the following compensation model which is included for informational purposes only.

Related to Salary Payment Schedules & Compensation Model

  • Salary Payment In consideration of Executive’s timely execution and non-revocation of the Release by the Release Deadline Date, the Company shall pay Executive a severance payment equal to Executive’s Monthly Base Salary multiplied by the number of months in the Covered Termination Severance Period, less applicable withholdings. The severance payment shall be payable (except as set forth in Article 5) in a lump sum on the first regularly-scheduled payroll date occurring on or after the Release Deadline Date.

  • Basic Salary Schedule The salaries of the members of the facilities and maintenance bargaining unit are set forth in Appendix A which is attached to and made part of this Agreement.

  • Compensation Schedule Except as otherwise provided herein, employees shall be compensated within the pay range assigned to the classification of the position in which they are employed and in accordance with the pertinent conditions of employment enumerated in this Agreement. Sec. 503 REGULAR PAY DAY: Employees shall be paid on or about the Friday following the end of the biweekly payroll period.

  • Salary Schedules (a) The salary schedules shall be incorporated into this Agreement as Appendix V.

  • Salary Schedule The salaries of Employees covered by this Agreement are set forth in the salary schedule in Appendix B which is attached to and incorporated into this Agreement.

  • Method of Salary Payment Section One. Workers'

  • ' COMPENSATION BENEFITS In accordance with Section 142 of the State Finance Law, this contract shall be void and of no force and effect unless the Contractor shall provide and maintain coverage during the life of this contract for the benefit of such employees as are required to be covered by the provisions of the Workers' Compensation Law.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!