Year 2. 2014-2015
1. Bargaining unit members employed on January 1, 2015 on a 12-month basis shall receive a 2.5% increase in base pay effective January 1, 2015.
2. Bargaining unit members employed on February 1, 2015 on a 9-month basis shall receive a 2.5% increase in base pay effective February 1, 2015.
3. In 2014-15, the Academic Professional in-range salary advancement pool shall be funded at 0% of the Academic Professional salary base.
4. The resulting salary rates of the above increases will be adjusted to the closest multiple of nine (9) for 9-month appointments and twelve (12) for 12-month appointments.
Year 2. The Buyer will purchase at a minimum of four million dollars ($4,000,000) of the Product in the second year of the Agreement. The Buyer will provide quarterly POs with delivery dates for the Product at a price of [*] dollars per kilogram ($[*]/kg). The quarterly POs will be binding to maintain the exclusivity.
Year 2. Effective August 1, 2022, a two and one-half percent (2.5%) across-the-board cost of living adjustment shall be applied to all rates and schedules.
Year 2. The number of Performance RSUs for which a Release Date will occur on the second date set forth or contemplated after “Performance RSUs Release Date” in the Base Instrument shall be the product of (I) the Number of Performance RSUs Granted and (II) the Year 2 Vesting Percentage. Such number of RSUs shall be rounded down to the nearest whole RSU.
Year 2. The aggregate amount of payments received by Sagent from Distributor under this Agreement during Year 2 must equal or exceed [*] dollars ([*]).
Year 2. The parties agree to a re-opener on salary in year two of this Agreement. The parties further agree to a Salary Schedule Review Committee which will meet during the 2022-2023 school year to discuss possible revisions to the salary schedule. The HVEA and the District shall each have the right to have two representatives in these committee meetings and shall meet on mutually agreed upon dates and times. The parties may implement salary schedule changes, if any, as part of the salary re-opener negotiations or absent an agreement either or both parties may propose changes to the salary schedule during the year 2 salary re- opener negotiations.
Year 2. Effective January 1, 2017, (January 1, 2017 to December 31, 2017), the base compensation of Police Officers covered by this Agreement shall be subject to the Automatic Adjustment without any reopener, unless otherwise agreed by the Parties, if each of the following thresholds is met: Threshold No. Threshold 1 { City’s 2015 Audited Total General Fund Revenue ÷ City’s 2014 Audited Total General Fund Revenue } > 1.05 2 { City’s 2015 Audited Total CCPD Revenue ÷ City’s 2014 Audited Total CCPD Revenue } > 1.05 3 { City’s Unaudited Total General Fund Revenue from October 1, 2015 to Xxxxx 00, 0000 ÷ Xxxx’s Unaudited Total General Fund Revenue from October 1, 2014 to March 31, 2015 } > 1.05 4 { City’s Unaudited Total CCPD Revenue from October 1, 2015 to Xxxxx 00, 0000 ÷ Xxxx’s Unaudited Total CCPD Revenue from October 1, 2014 to March 31, 2015 } > 1.05 5 No declaration of disaster has been issued pursuant to federal or state law for any area within the corporate limits of the City of Baytown at any time during calendar year 2016. If each of the thresholds is not satisfied, the Agreement shall be reopened automatically solely for the purposes of determining base compensation for that year unless otherwise agreed to by the Parties. It is understood and agreed that the Police Officers covered by this agreement shall be offered at least the same average percent increase in base compensation received by all other non- civil service employees of the City commencing January 1, 2017.
Year 2. Del W1.A2.Y2 Technical report which summarizes results of Tasks W1.A2.
Year 2. August – December: Instructional evaluations, observation(s), and follow- up meetings occur. Initial draft of IDP created in consultation with PAR team. PAR team meeting(s) are conducted. Faculty Developer keeps appropriate Vice President of Academic Affairs informed of progress. IDP rubric approved and disseminated by the third Friday in October. January – March: Updated draft of IDP submitted to PAR team no later than the end of the week of accountability. Instructional evaluations, observation(s), and follow-up meetings occur. PAR team meeting(s) are conducted. Final draft of IDP submitted to the PARC by the fourth Friday in March. April: PARC evaluates all IDPs submitted by Probationary Faculty. Recommendation submitted to College President and Probationary Faculty informed by the third Friday in April. May: College President announces renew, renew with development, or intent to nonrenew decision by May 1.
Year 2. Within 30 days of the last day of Year 2, Buyer will pay to Seller an Earnout payment equal to 15% of Gross Revenue for Year 2 which are in excess of $11.4. Within 30 days of last day of Year 2, Buyer will deliver its certificate signed by its chief financial officer setting forth Buyer’s calculation of the Gross Revenue for Year 2 together with such back up documentation as Seller may reasonably request with respect to Buyer’s calculation of Gross Revenue and the Earnout payment for such period.