Common use of Spring Training Allowances Clause in Contracts

Spring Training Allowances. (1) During the 2017 Spring Training season, each Player shall receive a base weekly allowance of $320.50, and each Player living away from the Club’s Spring Training headquarters also shall receive a base supplemental weekly allowance of $57.00. During the 2018, 2019, 2020 and 2021 seasons, the weekly and supplemen- tal allowances shall be the prior season’s allowance plus the cost of living adjustment rounded to the nearest $.50. Notwithstanding the foregoing, the weekly allowance will not be reduced below $320.50, and the supplemental allowance will not be reduced below $57.00 during the term of the Basic Agreement.

Appears in 4 contracts

Samples: Basic Agreement, Basic Agreement, Basic Agreement

AutoNDA by SimpleDocs

Spring Training Allowances. (1) During the 2017 Spring Training 2012 spring training season, each Player shall receive a base weekly allowance of $320.50291.50, and each Player living away from the Club’s Spring Training spring training headquarters also shall receive a base supplemental weekly allowance of $57.0051.50, plus a cost of liv- ing adjustment for both allowances rounded to the nearest $.50. During the 20182013, 20192014, 2020 2015 and 2021 2016 seasons, the weekly and supplemen- tal sup- plemental allowances shall be the prior season’s allowance plus the cost of living adjustment rounded to the nearest $.50. Notwithstanding Notwithstand- ing the foregoing, the weekly allowance will not be reduced below $320.50291.50, and the supplemental allowance will not be reduced below $57.00 51.50 during the term of the Basic Agreement.

Appears in 3 contracts

Samples: Basic Agreement, Basic Agreement, Basic Agreement

AutoNDA by SimpleDocs

Spring Training Allowances. (1) During the 2017 2022 Spring Training season, each Player shall receive a base weekly allowance of $320.50369.50, and each Player living away from the Club’s Spring Training headquarters also shall receive a base supplemental weekly allowance of $57.0065.50. During the 20182023, 20192024, 2020 2025 and 2021 2026 seasons, the weekly and supplemen- tal allowances shall be the prior season’s allowance plus the cost of living adjustment rounded to the nearest $.50. Notwithstanding the foregoing, the weekly allowance will not be reduced below $320.50369.50, and the supplemental allowance will not be reduced below $57.00 65.50 during the term of the Basic Agreement.

Appears in 1 contract

Samples: Basic Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.