Unit Compensation Sample Clauses

Unit Compensation. In accordance with the requirements of this article, permanent employee shall be granted a stipend of $400.00 per year on going upon successful completion of twelve (12) semester units or the equivalent of (15 hours equals 1 unit), or approved professional growth work which is not paid for by the District or completed on paid time. The deadline for filing any approved units, transcripts or documentation will be June 30th. Any extensions must be preapproved on a case by case basis by the Superintendent or the Superintendent’s designee. Each permanent employee may receive a maximum of four (4) increases in their career with the District. The employee will not be eligible for a stipend incentive if any portion of the cost of the professional growth activity was borne by the District. Credit will not be approved if attendance/participation occurs during the employee’s normal working day and/or the employee is paid for service to the District at the same time. Training or instruction undertaken at District request and paid for by the District is not a part of the professional growth incentive program. Credit will not be granted for training or coursework required by State or Federal law to maintain a credential or license required to continue employment in a given classification. All records must be kept by the Director of Human Resources. It is the employee’s responsibility to verify and monitor his/her progress.
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Unit Compensation. It is mutually agreed that for the purposes of this agreement the terms "employee" and "employees" shall include all of the following titles and said titles shall constitute the collective bargaining unit. Auto Mechanic $19.05 $19.43 $19.82 Working ▇▇▇▇▇▇▇ $18.15 $18.51 $18.88 M.E.O. $17.21 $17.55 $17.90 2nd Year M.E.O. $16.80 $17.14 $17.48 1st Year M.E.O. $16.40 $16.73 $17.06 Probationary M.E.O. $16.24 $16.57 $16.90 Laborer $16.45 $16.78 $17.12 The Village may, at its sole discretion, establish a bi-weekly pay period. As a professional courtesy, the Village will notify the Teamsters prior to the transition and only those payments designated as bonuses will be paid on off- weeks. Bonuses do not include weekly wages, overtime, or advance vacation pay.
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Related to Unit Compensation

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125 per hour.

  • Management Compensation As compensation for your services in the management of the offering, we will pay you an amount equal to the management fee specified in the Invitation in respect of the Securities to be purchased by us pursuant to the Purchase Agreement, and we authorize you to charge our account with such amount. If there is more than one Representative, such compensation shall be divided among the Representatives in such proportions as they may determine.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.

  • Stock Based Compensation Executive will be eligible to participate in the Company's Employee Stock Purchase Plan and to be considered by the Compensation Committee for grants or awards of stock options or other stock-based compensation under the Company's Stock Incentive Plan or similar plans from time to time in effect. All such grants or awards shall be governed by the governing Plan and shall be evidenced by the Company's then standard form of stock option, restricted stock or other applicable agreement.

  • Regulation D Compensation Each Bank may require the Company to pay, contemporaneously with each payment of interest on the Euro-Dollar Loans, additional interest on the related Euro-Dollar Loan of such Bank at a rate per annum determined by such Bank up to but not exceeding the excess of (i) (A) the applicable London Interbank Offered Rate divided by (B) one minus the Euro-Dollar Reserve Percentage over (ii) the applicable London Interbank Offered Rate. Any Bank wishing to require payment of such additional interest (x) shall so notify the Company and the Administrative Agent, in which case such additional interest on the Euro-Dollar Loans of such Bank shall be payable to such Bank at the place indicated in such notice with respect to each Interest Period commencing at least three Euro-Dollar Business Days after the giving of such notice and (y) shall notify the Company at least five Euro-Dollar Business Days prior to each date on which interest is payable on the Euro-Dollar Loans of the amount then due it under this Section.