Supplemental Salary. Paragraph 1: The term “
Supplemental Salary. Paragraph 1: The term “supplemental salary” shall refer to payment for the assigned, accepted and performed services under a supplemental contract as set forth in Paragraphs 3 through 10 of this Section.
Supplemental Salary. (a) XXXXX'x Base Salary at the rate of $135,000 plus 25% in cash per annum will be paid beginning from the first day of the month following the quarter in which CAMBRIDGE achieves annualized gross revenues of at least $4,000,000.
(b) When CAMBRIDGE achieves first fiscal year $4,000,000 in gross revenues, XXXXX will be entitled to a 50% increase in base salary over and above any quarterly increases. This newly calculated Base Salary will then become the Base Salary for the second year of employment.
(c) XXXXX'x increased Base Salary plus 25% in cash per annum will be paid beginning from the first day of the month following the quarter in which CAMBRIDGE achieves annualized gross revenues of at least $8,000,000.
(d) When CAMBRIDGE achieves second year $8,000,000 in gross revenues, XXXXX will be entitled to a 50% increase in base salary over and above any quarterly increases. This newly calculated Base Salary will then become the Base Salary for the third year of employment.
(e) The same procedure will be followed for determining XXXXX'x compensation in the third through the fifth years of this Agreement, with the gross revenue thresholds for quarterly and annual increases negotiated with the Board of Directors prior to the beginning of the third, fourth and fifth years of this Agreement, except that at no time xxxx XXXXX'x Base Salary be less than that determined at the beginning of the third year of employment. Said supplemental salary shall be effective throughout the executive period and the advisory period of employment.
(f) Notwithstanding the goals set out above, in the event that CAMBRIDGE has substantially advanced toward its goals and objectives during any quarter, and other advances have been made such as acquisition of businesses or properties,XXXXX shall be entitled to a upplemental salary amount for the following quarter and/or lump sum bonus in an amount set by the Board of Directors.
(g) During any period of the contract in which XXXXX provides legal services relating to CAMBRIDGE which are outside those services normally provided by a Chairman and Chief Executive Officer,he shall be entitled to separate and supplemental compensation in amounts reasonably associated with such services, in addition to other compensation provided for under this agreement.
(h) XXXXX shall be entitled to lump sum supplement, consisting of options to purchase 100,000 shares of CAMBRIDGE common stock at a strike price of $1.00 per share at the time CAMBRIDGE'S commo...
Supplemental Salary. Supplemental contractual salaries earned outside the regular salary schedule shall be added to the normal annual salary and then divided into twelve (12) equal payments when possible. (See appendix B)
Supplemental Salary. (a) Any bargaining unit member who is disabled as a result of an accident, injury or illness covered by Chapter 440, Florida Statutes, will be granted supplementary salary, subject to the terms and conditions set forth below. Supplemental salary will be paid in the form of a continuation of the bargaining unit member’s regular paycheck as provided by Resolution No. 39802. This check will include those indemnity payments provided for under the Workers’ Compensation Law.
Supplemental Salary. In the event that an employee of the Board shall be needed to supervise an extra-curricular activity outside the regularly scheduled work week, such employee shall be offered such supplemental salary/wage as may be agreeable to both the Board and the employee for this additional work or service. The Board shall annually publish a list of supplemental activities paid by the Board and payment for the same.
Supplemental Salary. Supplementals shall be increased by 5% with the exception of Yearbook and XXXX which will be increased by $1,000.00 each. Coaches will receive a 5% raise on the base supplemental salary for their position for each year of experience starting with the 2013-2014 School Year. This is not retroactive. The first year of experience will be acquired for current coaches during the 2013-2014 School Year. The maximum number of years a coach may receive the 5% increase is five years. (For example, if a coach is paid $3,000.00 starting pay, he/she will receive a 5% increase the second year of coaching and for each year after up to five years. The coach would get an increase of 5% or $150.00 for each year of the first five years. This amount would be the maximum the coach could make in that position).
Supplemental Salary. The following additional compensation shall be paid to Xxxxxx only during the time he is employed in the position of Athletic Director. This compensation shall be paid as supplemental salary (“Supplemental Salary”). Supplemental Salary shall not be subject to annual salary adjustments.
Supplemental Salary. Teachers who perform supplemental duties shall be given a supplemental contract, which shall state the teacher’s supplemental salary. Salary 2021-2024
a. FEA Advisor $1621.00 b. FFA Advisor* $1621.00 c. DECA Advisor* $1621.00 d. FCCLA Advisor* $1621.00
Supplemental Salary. A. Years of experience will be defined as all years coaching in a specific sports area while employed at Licking Valley.
B. Upon initial employment, the Superintendent may grant years of experience earned in other districts and for full-time prior service as a volunteer under contract with the district.
C. The Supplemental Salary Schedule will be adjusted to reflect the same percentage to the BA Base each of the three years of the contract.
A. SCHEDULE EFFECTIVE JULY 1, 2018
