Third Year of Agreement Sample Clauses

Third Year of Agreement. (a) “The base for calculation” - the average C.P.I. for the months of February 2008 March 2008 and April 2008.
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Third Year of Agreement. Effective the first full pay period after August 12, 2024, every step of the wage scale for all job classifications will increase by 3.0%, as reflected in Appendix B. As a result, all employees, even those above scale, will have received at least a 3.0% increase. The following provision applies only to individuals employed as of the effective date of this Agreement and the end of the first pay period after the second anniversary of the effective date of this Agreement, i.e. the beginning of the third year of the Agreement: In addition, for any employee who would not otherwise have received a total increase of at least 9% in raises to his or her base rate during the term of this Agreement (when comparing their base wage rate immediately prior to the effective date of the Agreement with their base wage rate on the last day of the Agreement), any such employee shall receive a raise equal to the difference between the total increase the employee would otherwise receive during the term of this Agreement and 9%, effective the first full pay period after the second anniversary of the effective date of the Agreement (a/k/a the start of the third year of this Agreement). This guarantee does not apply to employees covered by the provision above entitled “Exception.”
Third Year of Agreement. A) The base for calculation – the average CPI for the months of October 2008, November 2008 and December 2008;

Related to Third Year of Agreement

  • Period of Agreement This Agreement shall start on _, 20 (“Effective Date”), and end on , 20_ _, at 12:00 midnight (“Listing Period”), unless the expiration date is extended in writing.

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Date of Agreement The date of this Agreement is intended as a date for the convenient identification of this Agreement and is not intended to indicate that this Agreement was executed and delivered on that date.

  • Effective Date and Term of Agreement This Agreement is effective and binding on the Company and Employee as of the date hereof; provided, however, that, subject to Section 2(d), the provisions of Sections 3 and 4 shall become operative only upon the Change in Control Date.

  • Lodgement of SWS wage assessment agreement C.6.1 All SWS wage assessment agreements under the conditions of this schedule, including the appropriate percentage of the relevant minimum wage to be paid to the employee, must be lodged by the employer with Fair Work Australia.

  • Commencement of Agreement (1) This Agreement shall come into operation upon the first day of the calendar month following the date upon which the later of the following events occurs—

  • Term of Agreement This Agreement shall continue in full force and effect until the tenth (10th) anniversary of Bank Closing; provided, that the provisions of Section 6.3 and 6.4 shall survive the expiration of the term of this Agreement; and provided further, that the receivership of the Failed Bank may be terminated prior to the expiration of the term of this Agreement, and in such event, the guaranty of the Corporation, as provided in and in accordance with the provisions of Section 12.7 shall be in effect for the remainder of the term of this Agreement. Expiration of the term of this Agreement shall not affect any claim or liability of any party with respect to any (i) amount which is owing at the time of such expiration, regardless of when such amount becomes payable, and (ii) breach of this Agreement occurring prior to such expiration, regardless of when such breach is discovered.

  • TERM OF AGREEMENT AND RENEWAL The Agreement shall remain in effect from the date of execution hereof through the expiration of a one year period, and may be renewed upon the mutual consent of the Parties.

  • EFFECTIVE DATE, TERMINATION, AND RENEWAL 17.1 This Agreement shall become effective on the first day of May, AD., 2019, and shall continue in full force and effect until the thirtieth (30th) day of April, AD., 2022 and thereafter from year to year unless terminated upon written notice of either party within one hundred and twenty (120) days prior to any anniversary of the terminal date.

  • TIME OF AGREEMENT This Agreement shall commence on January 2, 2009, and shall terminate on January 31, 2010. Certificate(s) of Insurance must be current on day Contract commences and if scheduled to lapse prior to termination date, must be automatically updated before final payment may be made to Contractor. The final invoice must be submitted within 30 days of completion of the stated scope of services.

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