YEAR OF AGREEMENT Sample Clauses

YEAR OF AGREEMENT. The base for calculation is the average Consumer Price Index for the months of February, March and April plus a trigger of The first adjustment will reflect one cent per hour for each full points that the average Consumer Price Index for the months of May June and July exceeds the base for calculation and will be paid the pay period commencing August The second adjustment will reflect one cent per hour for each full points that the average Consumer Price Index for the months of August September and October exceeds the base for calculation and will be paid the pay period commencing November The third adjustment reflect one cent per hour for each full points that the average Consumer Price Index for the months of November December and January exceeds the base for calculation and will be paid the pay period commencing February The fourth adjustment will reflect one cent per hour for each full points that the average Consumer Price Index for the months of February March and April exceeds the base for calculation and will be paid the pay period commencing May It is agreed that the maximum amount that can be paid by this Clause in the third year is twenty cents per hour. Each adjustment specified above, will replace the previous adjustment if any, in its entirety except the fourth adjustment in the first year of the Agreement will be carried over throughout the second year of the Agreement, and: the fourth adjustment in the second year of the Agreement will be carried over throughout the third year of the Agreement The Cost of Living Allowance amounts in effect as of April each year shall be rolled into the base amounts for the coming year. Finisher Service Set-Up Specialist Cleaner Operator Line Technician Inspector APPENDIX B DEPARTMENTS Mechanic Toolmaker Electrician MaintenanceStores Truck Operator
AutoNDA by SimpleDocs
YEAR OF AGREEMENT. A) The base for calculation – the average CPI for the months of October 2006, November 2006 and December 2006. B) The first adjustment will be calculated and paid as of the pay period following March 24, 2007. It will reflect one cent ($.01) per hour for each (.096) points that the average CPI for the months December 2006, January 2007 and February 2007, exceeds the base for calculation. C) A second adjustment will be calculated and paid as of the pay period following June 23, 2007. It will reflect one cent ($.01) per hour for each (.096) points that the average CPI for the months of March 2007, April 2007 and May 2007, exceeds the base for calculation. D) A third adjustment will be calculated and paid as of the pay period following September 22, 2007. It will reflect one cent ($.01) for each (.096) points that the average CPI for the months of June 2007, July 2007 and August 2007, exceeds the base for calculation. E) A fourth adjustment will be calculated and paid as of the pay period following December 22, 2007. It will reflect one cent ($.01) for per hour for each (.096) points that the average CPI for the months of September 2007, October 2007 and November 2007, exceeds the base for calculation.
YEAR OF AGREEMENT. The base for calculation is the average Consumer Price Index for the months of February, March and April plus a trigger of The first adjustment will reflect one cent per hour for each full points that the average Consumer Price Index for the months of May June and July exceeds the base for calculation and will be paid the pay period commencing August The second adjustment will reflect one cent per hour for each full points that the average Consumer Price Index for the months of August September and October exceeds the base for calculation and will be paid the pay period commencing November The third adjustment reflect one cent per hour for each full points that the average Consumer Price Index for the months of November December and January exceeds the base for calculation and will be paid the pay period commencing February The fourth adjustment will reflect one cent per hour for each full points that the average Consumer Price Index for the months of February March and April exceeds the base for calculation and will be paid the pay period commencing May It is agreed that the maximum amount that can be paid by this Clause in the second year is twenty cents per hour.
YEAR OF AGREEMENT. (a) The base for calculation" - the average C.P.I. for the months of September 2004, October 2004, and November 2004. (b) The first adjustment was paid under the previous Collective Labour Agreement. (c) A second adjustment will be calculated and paid as of the pay period following May 15, 2005. It will reflect one cent (1¢) per hour for each full .096 points that the average C.P.I. for the months of February 2005, March 2005, and April 2005 exceeds the base for calculation. (d) A third adjustment will be calculated and paid as of the pay period following August 15, 2005. It will reflect one cent (1¢) per hour for each full .096 points that the average C.P.I. for the months of May 2005, June 2005, and July 2005, exceeds the base for calculation. (e) A fourth adjustment will be calculated and paid as of the pay period following November 15, 2005. It will reflect one cent (1¢) per hour for each full .096 points that the average C.P.I. for the months of August 2005, September 2005, and October 2005, exceeds the base for calculation.
YEAR OF AGREEMENT. Upon ratification and retroactive to May 11, 2015, the Employer will increase the wage rates for the classifications listed in Appendix "A" by 3%.

Related to YEAR OF AGREEMENT

  • Period of Agreement This Agreement shall start on _, 20 (“Effective Date”), and end on , 20_ _, at 12:00 midnight (“Listing Period”), unless the expiration date is extended in writing.

  • Term of Agreement This Agreement becomes effective upon the date of the last signature below ("Effective Date") and shall remain in effect until the completion of all obligations of both Parties hereto, or five years from the Effective Date, whichever comes first.

  • Date of Agreement The parties have duly executed this Agreement as of the date first written above.

  • Commencement of Agreement This agreement shall come into force in respect of the Commonwealth and of a State when it has been signed on behalf of the Commonwealth and has been signed on behalf of the State with the authority of the Parliament of the State, or, having been signed on behalf of the State without that authority, is approved by the Parliament of the State.

  • of Agreement Sections 4.1, 4.2 and 4.3 shall be read in their entirety as provided in the Agreement. Article IV (except for Sections 4.1, 4.2 and 4.3 thereof) shall be read in its entirety as follows and shall be applicable only to the Investor Certificates:

  • Term of Agreement; Amendment This Agreement shall become effective as of the date first written above and will continue in effect for a period of three (3) years. This Agreement may be terminated by either party upon giving 90 days prior written notice to the other party or such shorter period as is mutually agreed upon by the parties. Notwithstanding the foregoing, this Agreement may be terminated by any party upon the breach of the other party of any material term of this Agreement if such breach is not cured within 15 days of notice of such breach to the breaching party. This Agreement may not be amended or modified in any manner except by written agreement executed by USBFS and the Trust, and authorized or approved by the Board of Trustees.

  • Effective Date and Term of Agreement This Agreement is effective and binding on the Company and Employee as of the date hereof; provided, however, that, subject to Section 2(d), the provisions of Sections 3 and 4 shall become operative only upon the Change in Control Date.

  • Copy of Agreement The Executive hereby acknowledges receipt of a copy of this Agreement duly signed by the Company.

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Scope of Agreement Nothing in this Agreement shall be deemed to entitle Executive to continued employment with the Company or its Subsidiaries, and if Executive’s employment with the Company shall terminate prior to a Change in Control, Executive shall have no further rights under this Agreement (except as otherwise provided hereunder); provided, however, that any termination of Executive’s employment during the Termination Period shall be subject to all of the provisions of this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!