Stipend Reimbursement Sample Clauses

Stipend Reimbursement a) Internship Company shall provide a stipend to each Intern (the “Stipend”). As a condition of this Agreement, Internship Company is required to provide at least a 1:1 match of the funds requested from MassTech. Therefore, Internship Company can request up to 50% of the wages paid for each Intern subject to the limitations set forth below. MassTech shall reimburse Internship Company on the basis of hours worked for each such Stipend (the “Reimbursement”); provided, however, that in no event shall MassTech be required to reimburse Internship Company for any amounts in excess of four thousand eight hundred dollars ($4,800.00) in the aggregate for each Intern. Such Reimbursement may include the cost of any employer portion of the payroll tax paid on behalf of the Intern by the Internship Company. b) With respect to the one or more Interns identified in Section 3.c below and upon completion of the Measurement Period (as defined below), Internship Company shall provide MassTech with a signed certification, (Attachment A-1) that such Intern has performed the required duties of the Internship for such Measurement Period; the Reimbursement Form, which details the hours worked, amount requested for reimbursement, match amount, signed by such Intern and Internship Company; and proof of payment of the Stipend to Intern. Promptly upon MassTech’s receipt of such documentation, and in no event longer than forty-five (45) business days after such receipt, MassTech shall reimburse Internship Company for such portion of the Stipend applicable to such period. Reimbursement documentation must be submitted to MassTech no more than thirty (30) days following the conclusion of the Internship. INSERT Name(s) of Intern(s) c) With respect to the following Intern(s): , the “Measurement Period” shall mean and refer to the period commencing on (i) the earliest start date of any Intern and ending on (ii) the latest end date of the last Intern’s Internship. In the case of multiple interns, this means that the Measurement Period ends on the day that the last Intern completes his/her Internship.
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Stipend Reimbursement. 10.9.3.1 Part-time faculty members wishing to receive a stipend under this article must complete the Appendix N Part-Time Faculty Medical Reimbursement Request form. The employee must furnish documentation (cancelled check, paid statements, etc.) showing proof of purchasing insurance or medical/dental/vision procedures that were not covered by insurance during the semester for which the part-time faculty member (or their dependent(s)) is seeking reimbursement. These claims were not eligible for reimbursement from any other source.
Sample 1
Stipend Reimbursement a) Internship Company shall provide a stipend to Intern (the “Stipend”). Subject to the limitations set forth below, MLSC shall reimburse the Internship Company on the basis of hours worked for no more than one (1) Intern (the “Reimbursement”). MLSC will reimburse for pay rates of up to $20 per hour for interns that are pursuing or have completed their Bachelor’s degree, or have comparable data science qualifications, for a total reimbursement of no more than $20,800. If such Intern has completed their Master’s degree or is enrolled in a Ph.D. program, reimbursement can be requested for pay rates of up to $25 per hour for a total reimbursement of no more than $26,000. If such Intern has completed their Ph.D., reimbursement can be requested for pay rates of up to $40 per hour for a total reimbursement of no more than $41,600. Internship Company may only request reimbursement for hours at up to the regular hourly rate paid or the maximum pay allowed pay rate, whichever is less. All hours paid at a rate over the maximum allowed hourly pay rate will automatically be calculated for reimbursement at the maximum rate. Any overtime hours will be calculated for reimbursement at the regular – not overtime – rate, provided that the regular rate is not over the maximum. Any amounts paid to the intern for “holiday” or “vacation” hours are not reimbursable, however, “Jury Duty” and “sick” hours, if paid as required by law, may be included in the Reimbursement. b) With respect to the Intern identified in Section 4.c) below and upon completion of the Measurement Period (as defined below), Internship Company shall provide MLSC with a signed certification that such Intern has performed the required duties of the Internship for such Measurement Period, summary of hours worked, and amount requested for reimbursement, signed by the Internship Company (using template provided by MLSC upon program registration approval), and proof of payment of the Stipend to Intern (together, the “Reimbursement Certification”). Promptly upon MLSC’s receipt of properly documented Reimbursement Certification, and in no event longer than twenty-five (25) business days, MLSC shall reimburse Internship Company for such portion of the Stipend applicable to such period. Provided, however, that Internship Company shall timely notify MLSC of any change of address or risk delay of an additional 25 days in receipt of reimbursement. Reimbursement Certification can be submitted to MLSC as soon as the final ...
Sample 1

Related to Stipend Reimbursement

  • Compensation and Reimbursement (a) The Company covenants and agrees to pay to the Trustee, and the Trustee shall be entitled to, such reasonable compensation (which shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust) as the Company and the Trustee may from time to time agree in writing, for all services rendered by it in the execution of the trusts hereby created and in the exercise and performance of any of the powers and duties hereunder of the Trustee, and, except as otherwise expressly provided herein, the Company will pay or reimburse the Trustee upon its request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any of the provisions of this Indenture (including the reasonable compensation and the expenses and disbursements of its counsel and of all Persons not regularly in its employ), except any such expense, disbursement or advance as may arise from its negligence or bad faith and except as the Company and Trustee may from time to time agree in writing. The Company also covenants to indemnify the Trustee (and its officers, agents, directors and employees) for, and to hold it harmless against, any loss, liability or expense incurred without negligence or bad faith on the part of the Trustee and arising out of or in connection with the acceptance or administration of this trust, including the reasonable costs and expenses of defending itself against any claim of liability in the premises. (b) The obligations of the Company under this Section to compensate and indemnify the Trustee and to pay or reimburse the Trustee for reasonable expenses, disbursements and advances shall constitute indebtedness of the Company to which the Securities are subordinated. Such additional indebtedness shall be secured by a lien prior to that of the Securities upon all property and funds held or collected by the Trustee as such, except funds held in trust for the benefit of the holders of particular Securities.

  • Meal Reimbursement When an employee is specifically directed by the City to work two (2) hours or longer at the end of his/her normal work shift of at least eight (8) hours or work two (2) hours or longer at the end of his/her work shift of at least eight (8) hours when he/she is called in to work on his/her regular day off, or otherwise works under circumstances for which meal reimbursement is authorized per Ordinance 111768 and the employee actually purchases a reasonably priced meal away from his place of residence as a result of such additional hours of work, the employee shall be reimbursed for the "reasonable cost" of such meal in accordance with Seattle Municipal Code (SMC) 4.20.

  • Education Reimbursement The County will provide education reimbursement for education costs incurred by regular employees who apply for such reimbursement in accordance with the policies and procedures governing the education reimbursement program. The maximum reimbursement shall be $1,500 per year.

  • Educational Reimbursement 9.11.1. The Employer is desirous of having employees participate in courses and training opportunities to enhance their skills and enable them to advance to other positions. Accordingly, it shall be the Employer's goal to assist full-time, regular employees in the furtherance of this policy by offering a tuition reimbursement program for courses or training at accredited colleges and universities. 9.11.2. To qualify for reimbursement, the employee must make application to, and receive prior approval from, the Sheriff such approval shall be at the sole discretion of the Sheriff. 9.11.3. An employee requesting tuition reimbursement must submit a written application showing: a) The course curriculum description; b) dates and times of classes; c) duration of the course; d) narrative statement of how the course will benefit the Employer as well as the employee. 9.11.4. If an employee's application is approved, the reimbursement will be for tuition only if and when: a) The course is completed within six (6) months of approval; b) completed with a "pass" in a pass/fail grading system or a grade of "C" or better. The maximum reimbursement per credit will be the cost of a credit charged by Centralia College. 9.11.5. An employee who receives tuition reimbursement agrees to continue to work for the Employer for twelve (12) months following the completion of the course; if not, the reimbursement is pro-rated and the employee authorizes reimbursement to the Employer from the last paycheck issued. An employee who is unable to remain in the Employer's employment, due to circumstances beyond the employee's control, shall not be required to reimburse the Employer if the twelve (12) month period is not met. 9.11.6. Reimbursement shall be for actual tuition, or the cost of the course. All other expenses, such as travel and books, shall be borne by the employee.

  • Tuition Reimbursement A. The Employer will reimburse a full-time employee for the cost of tuition in accordance with Regulation 10.12.060 and for the cost of books as long as the subject matter of the specific course or course of study is job-related and the tuition costs do not exceed those found at a state university. The employee must receive approval from the Chief prior to taking the course. Tuition reimbursement shall be approved for all job-related undergraduate and graduate work. A request for tuition shall not be unreasonably denied. B. If an employee receives a scholarship, the total amount of the reimbursement from the Employer, combined with the scholarship, shall not exceed one hundred percent (100%) of the cost of tuition and books. C. A satisfactory grade of C or higher or equivalent is required for reimbursement, and a copy of the course transcript showing satisfactory completion, along with a copy of the approved reimbursement application, a copy of the registration or receipt showing the amount paid, and a taxability of tuition reimbursement Interoffice Communication shall be submitted with the reimbursement request within sixty (60) calendar days of receiving final grades. D. In the event the Employer directs an employee to attend any formal training course, the costs of all books and incidental fees will be paid by the Employer. “Life experience” credits will be reimbursed on a per-credit basis, not to exceed the University of Washington tuition rates. E. Once a request for tuition reimbursement has been approved, the Employer will reimburse the cost of tuition as provided above. Approved tuition reimbursements shall be paid to the employee within sixty (60) calendar days of timely submission to the Employer. An employee shall not receive federal or state educational reimbursement funds that exceed the total tuition for any course. F. If an employee receiving tuition reimbursement misses two (2) consecutive terms of school, the Employer shall send a letter requesting the employee notify the Employer of whether the employee intends to continue to attend school. If the employee does not attend school during the following two (2) terms then the employee must reapply for tuition reimbursement when attendance resumes. G. When an employee completes an educational program, the employee shall notify the Employer so the Employer can remove the employee’s name from the tuition reimbursement list. If the employee pursues an additional degree then the employee must reapply for tuition reimbursement. H. No more than twenty-five percent (25%) of the bargaining unit members shall receive tuition reimbursement at any given time. If at any time the maximum twenty-five percent (25%) limit is reached, then all subsequent requests for tuition reimbursement shall be placed on a waiting list in order of the date of application.

  • Compensation and Expense Reimbursement A. Client will pay the Company, as compensation for the services provided for in this Agreement and as reimbursement for expenses incurred by Company on Client's behalf, in the manner set forth in Schedule A annexed to this Agreement which Schedule is incorporated herein by reference. B. In addition to the compensation and expense reimbursement referred to in Section 2(A) above, Company shall be entitled to receive from Client a "Transaction Fee", as a result of any Transaction (as described below) between Client and any other company, entity, person, group or persons or other party which is introduced to, or put in contact with, Client by Company, or by which Client has been introduced to, or has been put in contact with, by Company. A "Transaction" shall mean merger, sale of stock, sale of assets, consolidation or other similar transaction or series or combination of transactions whereby Client or such other party transfer to the other, or both transfer to a third entity or person, stock, assets, or any interest in its business in exchange for stock, assets, securities, cash or other valuable property or rights, or wherein they make a contribution of capital or services to a joint venture, commonly owned enterprise or business opportunity with the other for purposes of future business operations and opportunities. To be a Transaction covered by this section, the transaction must occur during the term of this Agreement or the one year period following the expiration of this Agreement. The calculation of a Transaction Fee shall be based upon the total value of the consideration, securities, property, business, assets or other value given, paid, transferred or contributed by, or to, the Client and shall equal 5% of the dollar value of the Transaction. Such fee shall be paid by certified funds at the closing of the Transaction.

  • Compensation; Reimbursement At the closing of each Offering (each, a “Closing”), the Company shall compensate Xxxxxxxxxx as follows:

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Mileage Reimbursement Subject to the current Vehicle Rules and Regulations established by the Board, an employee who is authorized to use a private automobile in the performance of duties shall be paid the Internal Revenue Service Standard Mileage Rate for the Business Use of a Car for each mile driven during each monthly period.