Current Salary definition
Current Salary means the current compensation for the office retired from.
Current Salary means that salary at the highest rate in effect during the six (6) month period prior to Employee’s termination.
Current Salary means the base salary paid by the University to the Participant for a given year, excluding overtime, shift differentials and acting pay. Any salary adjustment that would have been made while the Participant is on leave will be applied upon the Participant returning to work.
Examples of Current Salary in a sentence
Current Salary Index and Scale, Salary-Payments, Stipend, Insurance Benefits 3.
Where the amount of such benefits is based on salary, they shall be provided to the Officer based on the highest annual rate of Current Salary achieved by the Officer during the Employment Period.
The lump sum payable pursuant to clause (vi) of this section 7(b) is to be paid in lieu of all other payments of Current Salary and bonus provided for under this Agreement relating to the period following any such termination and shall be payable without proof of damages and without regard to the Officer’s efforts, if any, to mitigate damages.
An Assistant to the Principal will be compensated on an index of .20 X Base on the Current Salary Schedule.
The Current Salary payable under this section 4 shall be paid in approximately equal installments in accordance with the Holding Company’s customary payroll practices.
More Definitions of Current Salary
Current Salary means the latest appropriate salary specified in the First Schedule which is payable to a Judge;
Current Salary means the base salary paid by the Board to the Participant for a given year, excluding overtime. Any salary adjustment that would have been made while the Participant is
Current Salary means, with respect to each Transferred Employee, the current annual base targeted salary, which includes both fixed and variable compensation, of each such employee as of the Closing Date, in each case, as set forth in Schedule 9.01 hereto. In addition, each Transferred Employee will be eligible for bonuses, if any, in accordance with the bonus policy and procedures of Buyer (or whichever Affiliate of Buyer employs such Transferred Employee) on the same terms and conditions as similarly situated employees of Buyer or the applicable Affiliate. In the event that Buyer or an Affiliate thereof terminates any Transferred Employee during the six-month period following the Closing Date, Buyer shall pay the severance amount set forth in Schedule 9.01, provided, however, that no severance amounts shall be payable by Buyer under this Section 9.01 in the event that such Transferred Employee is terminated for Cause. For purposes of this Section 9.01, “Cause” will be deemed to exist if, in the sole reasonable discretion of Buyer, Buyer determines that, a Transferred Employee: committed an act of fraud or embezzlement upon Buyer or any of its Affiliates; committed any willful act intended to injure the reputation, business, or any business relationship of Buyer or any of its Affiliates; was found by a court of competent jurisdiction to have committed a felony; refused or failed to perform his or her duties in a competent and professional manner; or violated his or her obligations under the Proprietary Information and Inventions Agreement. Nothing in this Agreement shall limit the right of Buyer or any of its Affiliates to (i) modify the salary or wage level of any Transferred Employee at any time after the six-month period following the Closing Date or (ii) terminate the employment of any Transferred Employee at any time and for any reason, including without Cause, subject to payment of severance as provided above for any such termination without Cause effective during the six-month period immediately following the Closing Date.
Current Salary means, at any time, the gross amount being paid to Executive for Employment before giving effect to any agreements as to compensation hereunder.
Current Salary means the salary level applicable to the current classification exclusive of any penalty arrangements or allowances pertaining to the redundant position. • If the identified redeployment position is for a fixed term, the employee retains all of the rights and entitlements of permanent employment upon expiry of the fixed term contract, at which time the redeployment process will recommence. • The employee(s) will have two weeks to accept or decline the offer. However, where an unattached employee has declined reasonable offers of redeployment to suitable alternative positions, a transfer may be affected without the agreement of the employee or the employee may access a voluntary separation package under the terms outlined
Current Salary. $ Legislative Appropriation: $ Amended Rate: $ Amended Biweekly: $ Performance-Based Increase: $ This performance-based increase is retroactive to October 1, 2003. The lump sum amount for the retroactive portion will be included in your pay. Other: $ Total Salary: $ The recommendation(s) for your salary increase was prepared by: You may request a meeting to discuss this increase. Distribution: Employee Personnel College ▇▇▇▇▇▇▇ FACULTY CONTRACT AMENDMENT 2005-2006 Name: ID #: Department #: Position #: FTE:
Current Salary means the amount determined in accordance with clause 2 of this Schedule 3;