– Transition Years Sample Clauses

– Transition Years. Granting of the third, fourth, and fifth vacation weeks to eligible employees with the required length of service shall be made as of July 1 of the fiscal year in which the employee's fifth, tenth or twentieth anniversary occurs.
Sample 1
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– Transition Years. Maritimes shall credit revenues for the period starting August 1, 2020 through the day before the Settlement Effective Date and for the period starting on the Settlement Effective Date through the first July 31 thereafter, in accordance with this Section 4.4(D). Beginning on August 1, 2020, any Annual Reconciliation Period that contains months prior to the Settlement Effective Date shall be a “Transition Year.” If the Settlement Effective Date occurs on or before July 1, 2021, the only Transition Year shall be August 1, 2020 through July 31, 2021, and if the Settlement Effective Date occurs on or after August 1, 2021, the Transition Years shall be August 1, 2020 through July 31, 2021 and any August 1 through July 31 time period that occurs prior to the Settlement Effective Date and during which the Settlement Effective Date occurs. For each Transition Year, Maritimes shall calculate and apply a weighted average crediting threshold and a weighted average percentage as set forth in Sections 4.4(D)(1) through (5) for the purposes of the annual filing made pursuant to Section 4.4(C) above.
Sample 1

Related to – Transition Years

  • Vacation Year The vacation year shall be April 1 to March 31, inclusive.

  • Payroll Period The payroll period will begin on Saturday at 12:00:01 a.m. and end fourteen calendar days later on Friday at 11:59:59 p.m.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • Fiscal Year; Taxable Year The fiscal year and the taxable year of the Company is the calendar year.

  • Transition Period Due to the nature of our purchasing process, the District often requires an existing service provider to continue to provide goods and/or services while the District is in the process of advertising, evaluating, and awarding a contract for the provision of the same goods and/or services in the future. To accommodate this process, the Contractor shall agree to maintain the same terms and conditions set forth in this Agreement for a period up to ninety (90) days after the automatic termination of this Agreement at the end of its term, if requested by the District, as a transition period. In addition, if the Contractor is not the successful bidder for a future solicitation for the same or similar services, he or she shall agree to provide the same goods and/or services provided in this Agreement for a period up to ninety (90) days to allow for an orderly transition to the new provider. The District and the Contractor may mutually agree to a longer transition period.

  • Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions:

  • Leave Year The leave year begins with the first full payroll period of a calendar year and ends with the payroll period in which December 31st falls.

  • Tax-Deferred Earnings The investment earnings of your IRA are not subject to federal income tax until distributions are made (or, in certain instances, when distributions are deemed to be made).

  • Benefit Waiting Period Allowance (a) An employee who qualifies for and takes leave pursuant to 21.1 or 21.2 and is required by Employment Insurance to serve a one-week waiting period for Employment Insurance Maternity/Parental benefits, shall be paid a leave allowance equivalent to one week at 85% of the employee's basic pay.

  • Contribution Formula Health Coverage a. Faculty Member Coverage. For faculty member health coverage for the 2018 2022 and 2019 2023 plan years, the Employer contributes an amount equal to ninety-five percent (95%) of the employee- only premium of the Minnesota Advantage Health Plan (Advantage).

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