TERM OF COMPENSATION PLAN Sample Clauses

TERM OF COMPENSATION PLAN. This plan is effective July 1, 2017, and shall continue to and including June 30, 2020.
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TERM OF COMPENSATION PLAN. This plan is effective July 1, 2019 and shall continue until June 30, 2023.
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TERM OF COMPENSATION PLAN. The term of this Compensation Plan shall begin on July 1, 2020 and shall continue in full Force and in effect until June 30, 2022.
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TERM OF COMPENSATION PLAN. This Compensation Plan shall be effective commencing May 1, 2021 and ending June 30, 2023.
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TERM OF COMPENSATION PLAN. This plan is effective July 1, 2021 and shall continue until June 30, 2024. In the event this agreement expires, all portions and categories will remain active until the next agreement is approved. Each Academic administrator shall be evaluated by the Superintendent or Assistant Superintendent and receive their final evaluation on or before November 30th of each year. The District will follow the evaluation guidelines as per Act 82 and utilize either the Principal Effectiveness process or an alternate evaluation process that has received approval by PDE for all academic administrators. Salary adjustments will be made as soon as the final school/district data is available and upon completion of the final evaluation and is retroactive to July 1st of each year. Each Non-Academic administrator shall be evaluated by the Superintendent, Assistant Superintendent or Chief Financial and Operations officer and receive their final evaluation on or before July 30th of each year. The District will use a District-wide non-Academic Evaluation form which aligns to the PDE Framework for Leadership rubric. Salary adjustments will be made as soon as the final school/district data is available and upon completion of the final evaluation and is retroactive to July 1st of each year.
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Related to TERM OF COMPENSATION PLAN

  • Form of Compensation Compensation for overtime shall be paid except where, upon request of the Employee, and with the approval of the Employer, or its representative, overtime may be granted in the form of time off in lieu of overtime hours worked.

  • Incentive Compensation Plan In addition to receipt of Basic Compensation under the Employment Agreement, you shall participate in the Incentive Compensation Plan for Executive Officers of the Company (the “Compensation Plan”) and shall be eligible to receive incentive compensation under the Compensation Plan as may be awarded in accordance with its terms.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Short-Term Incentive Compensation In addition to the foregoing Base Salary, the Executive shall be eligible during the Term to receive cash short-term incentive compensation, determined and payable in the discretion of the Compensation Committee of the Board. At least annually, the Compensation Committee shall consider awarding short-term incentive compensation to the Executive.

  • Deferred Compensation Plan Manager shall be eligible to participate in the First Mid-Illinois Bancshares, Inc. Deferred Compensation Plan in accordance with the terms and conditions of such Plan.

  • Long-Term Incentive Compensation Subject to the Executive’s continued employment hereunder, the Executive shall be eligible to participate in any equity incentive plan for executives of the Firm as may be in effect from time to time, in accordance with the terms of any such plan.

  • ADDITIONAL COMPENSATION AND BENEFITS The Executive shall receive the following additional compensation and welfare and fringe benefits:

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

  • Compensation Plans Following any termination of the Executive's employment, the Company shall pay the Executive all unpaid amounts, if any, to which the Executive is entitled as of the Date of Termination under any compensation plan or program of the Company, at the time such payments are due.

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

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