Second Year. Emphasis should be on the quality of teaching performance and the Criteria for Evaluating Faculty for Tenure (Appendix C12), as well as identification of areas needing improvement (if applicable). Specific activities and timelines need to be identified and recorded on the Faculty Improvement Plan (Appendix C7).
Second Year. During the second (2nd) year, the employee will be responsible for paying for the first six
Second Year. In September 2012 there shall be a reopener for the second year (July 1, 2013 to June 30, 2014) limited to:
Second Year. 31 i. If the certificated employee wishes to remain in the administrative position for 32 another year, he/she must request and be granted a “Leave of Absence”.
33 ii. The certificated employee’s position will be opened as a permanent position, 34 according to stated contract.
35 iii. If during their second year as an administrator, the employee voluntarily decides to 36 return to a certificated position, he/she must notify the School Board, the 37 Superintendent, and the Association President by March 1, prior to the expiration of 38 his/her leave.
39 iv. The employee will be given the opportunity to return to an “available” certificated 40 position for which he/she is qualified. 42 c. If a certificated employee chooses to pursue an administrative position without 43 requesting and being granted a “Leave of Absence”, and then voluntarily wishes to 44 return to a certificated position in the District, said employee will:
1 i. Be given the opportunity to apply for an “available” certificated position for which 2 he/she is qualified.
3 ii. His/her application will be considered after all available positions have been opened 4 to currently employees and before positions are posted outside of the District.
Second Year. The second year component will be based on achievement of NetTeks Business Operations Operating Income Contribution during the Second Year Measurement Period and will be equal to eight hundred and fifty thousand dollars $850,000 times the Attainment Percentage (defined below). As used in this Section 1.7(a)(ii), the term “Performance Ratio” shall mean the percentage resulting from dividing actual Operating Income Contribution from NetTeks Business Operations during the Second Year Measurement Period by $ 914,000. After establishing the Performance Ratio, the percentage used to calculate this component of the Additional Purchase Consideration shall be calculated (as used in this Section 1.7(a)(ii), the “Attainment Percentage”) as follows: The Attainment Percentage shall be equal to the Performance Ratio if the Performance Ratio is 100%, however, if the Performance Ratio is less than 100%, the Attainment Percentage shall be reduced by 1% for each 1% that the Performance Ratio is less than 100%, and if the Performance Ratio is more than 100%, the Attainment Percentage shall be increased by 1% for each 1% that the Performance Ratio exceeds 100% up to 150% and shall increase by 0.5% for each 1% between 150% and up to 200%; provided, however, if the above calculation results in an Attainment Percentage that is less than 50%, then the Attainment Percentage shall be zero, and if such calculation results in an Attainment Percentage that is greater than 200%, the Attainment Percentage shall be 200%.
Second Year. 0004 There is a monthly minimum fee of $1,000 for any new portfolio introduced by Xxxxx, Xxxx and Xxxxx.
Second Year. The Company will pay Snap a total of $[*] with respect to the second year of the Term, as follows:
5.2.1 The Company will pay Snap an annual slotting fee of $[*] for carriage of the Promotions within the Snap Site, payable in twelve equal monthly installments, within 30 days of each month; and
5.2.2 The Company will pay Snap a partnership fee of $[*] payable in equal monthly installments of $[*] by the fifth day of each calendar month.
Second Year. The total Earn-Out Payment due the Selling Members will be the sum of the amounts (reading left to right) located on the horizontal axis, adjacent to the EBITDA margin earned for the Second Year, beginning with the Revenue Attained column immediately to the right of the column corresponding to the First Year Revenue attainment, and extending to the right up to and including the intersection with the vertical axis corresponding to the Revenue amount attained by the Company for the Second Year. For avoidance of doubt, no Earn-Out Payment is due to Selling Members if the Company’s EBITDA margin is less than 22% regardless of Revenue attainment level.
Second Year. Subject to paragraph (iii), Itau and AOLB agree to a ------------ three (3) months free trial period offered to Itau Customers during the second Anniversary Year with Itau paying the following costs:
(A) First month of Free Trial Period: No cost for Itau --------------------------------
(B) Second and Third Months of Free Trial Period. Itau will pay AOLB -------------------------------------------- the price of the greater of: (1) R$0,11 (the inactive AOLB/Itau Subscriber fee) and (2) the amount Itau pays for actual usage of free hours of non-Upsold Subscribers capped at one (1) hour per month for each AOLB/Itau Subscriber, determined in accordance with this Section 4.
Second Year. Effective February 20, 2011, 0% will be applied to Appendices B, C, and D.
