Year 3 Sample Clauses
Year 3. The number of Performance RSUs for which a Release Date will occur on the third date set forth 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 3 Vesting Percentage. Such number of RSUs shall be rounded down to the nearest whole RSU.
Year 3. The aggregate amount of Product Units Sold by the Distributor under this Agreement during Year 3 must equal or exceed sixty thousand (60,000) Product Units.
Year 3. On the first day of June, 1994, and on the first day of each successive month thereafter up to and including May 1, 1995, Lessee shall pay $8,620.00 as monthly rent, plus sales tax and estimated building insurance, real estate taxes and C.A.M.
Year 3. Effective January October 1, 20035, bargaining unit according to the City’s performance rating instrument will receive a 4% merit increase added to their base rate of pay.
Year 3. Del W1.A2.Y3: Technical report which for all the tasks of TaskW1.A2. provides a roadmap, containing an outline of research directions to advance the state of the art towards the vision outlined in the beginning of this document.
Year 3. Effective January 15, 2017, all employees hired prior to January 15, 2016 will progress through the grid according to years of service and will progress based on their effective hire date. In the event that an employee receives a wage increase of less than 2% as a result of their progression through the grid, that employee shall receive a lump sum payment equivalent to the difference between 2% and the increase actually received as a result of their progression. All employees hired after January 15, 2016 will continue to progress through the wage grid based on hours paid.
Year 3. Effective January 1, 2018, (January 1, 2018 to December 31, 2018), the base compensation of Police Officers covered by this Agreement shall be subject to the Automatic Adjustment without any reopener, unless otherwise agreed to by the Parties, if each of the following thresholds is met: Threshold No. Threshold 1 { City’s 2016 Audited Total General Fund Revenue ÷ City’s 2015 Audited Total General Fund Revenue } > 1.05 2 { City’s 2016 Audited Total CCPD Revenue ÷ City’s 2015 Audited Total CCPD Revenue } > 1.05 3 { City’s Unaudited Total General Fund Revenue from October 1, 2016 to Xxxxx 00, 0000 ÷ Xxxx’s Unaudited Total General Fund Revenue from October 1, 2015 to March 31, 2016 } > 1.05 4 { City’s Unaudited Total CCPD Revenue from October 1, 2016 to Xxxxx 00, 0000 ÷ Xxxx’s Unaudited Total CCPD Revenue from October 1, 2015 to March 31, 2016 } > 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 2017. 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, 2018.
Year 3. The third year of this new program will be 2016-2017. • 1/3 of all tenured Teachers will be in a summative year. • All summative evaluations will be completed by January 15th. • Every Teacher in the summative year must have an IGDP approved by the Administrator. • The second and third observations will be according to HCM. •The summative evaluation will have the following components: Observation = 55% Achievement of students = 35% Engagement of students = 10%
Year 3. At 1 July 2018 there will be a 1.75% increase to the steps in the range. On 1 July 2018 if performance criteria were met then employees will move through the steps in the range, up to step 7 ($93,491). Those staff whose salary previously was above Step 7 (previously ranges of rates) but whose salary is below the new rate for step 7 ($93,491), will shift to Step 7, $93,491. For those staff where the increase applied via the translation to the new step 7 ($93,491) is less than $1000, they will receive the balance by way of a one off payment (so they receive a total amount of $1000).