TICKET BONUS Sample Clauses

TICKET BONUS. 41.01 (a) Those employees who, on December 31, 1998, were being paid a ticket bonus, under provisions of the 1997- 1998 collective agreement, will continue to be paid the ticket bonus. (b) An employee’s entitlement to a ticket bonus under paragraph (a) ends when the employee: (i) leaves the employ of the Company (ii) moves from the Job the employee was in on December 31, 1998 to a Job where a ticket bonus was not payable as of that date (iii) ceases to hold a valid ticket or (iv) if a steam plant operator progresses or is promoted to a position where a ticket bonus would not have been payable on December 31, 1998. (c) Where an employee was receiving two ticket bonus payments on December 31, 1998, each ticket will be dealt with separately for the purpose of determining continued eligibility under paragraph (b).
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TICKET BONUS. 41.01 (a) Those employees who, on December 31, 1998, were being paid a ticket bonus under provisions of the 1997-1998 collective agreement will continue to be paid the ticket bonus. (b) employee (i) leaves the employ of the Company
TICKET BONUS. ‌ 38.01 (a) Those employees who, on December 31, 1998, were being paid a ticket bonus under provisions of the 1997- 1998 collective agreement will continue to be paid the ticket bonus. (b) An employee’s entitlement to a ticket bonus under paragraph (a) ends when the employee: (i) moves from the Job the employee was in on December 31, 1998 to a Job where a ticket bonus was not payable as of that date (ii) ceases to hold a valid ticket. (c) Where an employee was receiving two ticket bonus payments on December 31, 1998, each ticket will be dealt with separately for the purpose of determining continued eligibility under Clause 38.01(b).
TICKET BONUS a) Each additional valid Journey ticket or approved course/certificate over and above that which is required for their job classification, to a maximum of two (2) tickets shall receive a fifty dollars ($50.00) per month Ticket Bonus. Tickets not relevant to the job duties will not be eligible for the ticket bonus. b) Ticket Bonuses as established in 13.09 (a) shall be reviewed yearly by the Corporation to determine the relevancy and application of the ticket in relation to the employees current job duties. c) The following list of tickets may be applicable for the ticket bonus, however is not limited to this list. Power Lineperson Power Systems Electrician Electrician Welder Heavy Duty Mechanic Millwright Instrumentation Machinist ICS Operator Course d) Effective January 1, 2002, the provisions in Article 13.09 shall not apply to new hires.

Related to TICKET BONUS

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Annual Incentive Compensation Executive shall be eligible to receive an annual bonus (“Annual Bonus”) with respect to each fiscal year ending during the Employment Period. The Annual Bonus shall be determined under the 2006 Omnibus Incentive Plan (the “Omnibus Plan”) or such other annual incentive plan maintained by the Company for similarly situated employees that the Company designates, in its sole discretion (any such plan, the “Bonus Plan”), in accordance with the terms of such plan as in effect from time to time. For each such fiscal year, Executive shall be eligible to earn a target Annual Bonus equal to seventy percent (70%) of Executive’s Base Salary for such fiscal year, if the Company achieves the target performance goals established by the Board for such fiscal year in accordance with the terms of the Bonus Plan. If the Company does not achieve the threshold performance goals established by the Board for a fiscal year, Executive shall not be entitled to receive an Annual Bonus for such fiscal year. If the Company exceeds the target performance goals established by the Board for a fiscal year, Executive may be entitled to earn an additional Annual Bonus for such year in accordance with the terms of the applicable Bonus Plan. The Annual Bonus for each year shall be payable at the same time as bonuses are paid to other senior executives of the Company in accordance with the terms of the applicable Bonus Plan, but in no event later than two and a half (21/2) months following the end of the applicable fiscal year in which such Annual Bonus was earned. Executive shall be entitled to receive any Annual Bonus that becomes payable in a lump-sum cash payment, or, at his election, (A) up to fifty percent (50%) of the Annual Bonus in the form of a grant of restricted stock units of Common Stock (as defined below) or (B) in any form that the Board generally makes available to the Company’s executive management team, provided that any such election is made by Executive in compliance with Section 409A of the Code and the regulations promulgated thereunder.

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