Discretionary Maximum definition

Discretionary Maximum. The point within a salary range between the control point maximum and the maximum allowed for re-earnable increments.
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Discretionary Maximum means the maximum step above the control point maximum for the pay range for assigning re-earnable increments.
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Discretionary Maximum. The point within a salary range between the control point maximum and the maximum allowed for re-earnable increments. Notwithstanding arti- cle an employee’s base pay may be in the discretionary maximum upon implementation of the revised pay plan.
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Examples of Discretionary Maximum in a sentence

  • Increases to the Permitted Maximum Heights and Permitted Maximum FSI’s to the Discretionary Maximum identified on Schedule 4 may be permitted subject to the bonusing provisions in Policy 14.2.9 and the other applicable policies of this Plan, and in particular the Density and Height policies of Section 6 and the Urban Design policies of Section 7.

  • An increase in height and/or density shall not exceed the Discretionary Maximum Height with Bonusing or the Discretionary Maximum FSI with Bonusing identified on Schedule 4 of the Urban Centres Secondary Plan.

  • Increases to the Permitted Maximum Heights or Permitted Maximum FSIs, but that do not exceed the Discretionary Maximum Height With Bonusing or the Discretionary Maximum FSI With Bonusing identified on Schedule 4, may be permitted without an amendment to the Official Plan, subject to the bonusing provisions of Policy 14.2.9, in accordance with Section 37 of the Planning Act.

  • The applicant may elect to request increases in the Permitted Maximum Heights and/or Permitted Maximum FSIs up to, but not exceeding the Discretionary Maximum Heights or Discretionary Maximum FSIs With Bonusing, without an amendment to this Plan in exchange for the provision of one or more of the following public benefits, or cash in lieu of such benefits.

  • Joint Development / Public Parking & Bonusing ProvisionsWith respect to the bonusing provision of the Town of Newmarket Urban Centres Secondary Plan, developers may request increases in the Permitted Maximum Heights and/or Permitted Maximum FSIs (alternatively referred to as FAR – Floor Area Ratio) up to, but not exceeding the Discretionary Maximum Heights or Discretionary Maximum FSIs with bonusing, without an amendment to the Plan in exchange for the provision of a public benefit.

  • As excerpted directly from the Secondary Plan:The applicant may elect to request increases in the Permitted Maximum Heights and/or Permitted Maximum FSIs up to, but not exceeding the Discretionary Maximum Heights or Discretionary Maximum FSIs With Bonusing, without an amendment to this Plan in exchange for the provision of one or more of the following public benefits, or cash in lieu of such benefits.

  • Where an employee’s present rate of pay exceeds Control Point Maximum, but does not exceed the Discretionary Maximum of the new pay scale, the shall be placed at that step in the new pay scale which is the same as, or closest to (without decrease) to the employee’s present rate of pay.


More Definitions of Discretionary Maximum

Discretionary Maximum. The point within a salary range between the control point maximum and the maximum allowed for re-earnable increments. An adjustment to individual salary based on a documented assessment of performance. “Re-earnable Increments”- Temporary payments based on performance authorized at the discretion of the Superintendent.
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Related to Discretionary Maximum

  • Discretionary Sale The meaning specified in Section 2.14(c).

  • Section 16 Percentage as of any day is the fraction, expressed as a percentage, (A) the numerator of which is the number of Shares that Dealer and any of its affiliates or any other person subject to aggregation with Dealer for purposes of the “beneficial ownership” test under Section 13 of the Exchange Act, or any “group” (within the meaning of Section 13 of the Exchange Act) of which Dealer is or may be deemed to be a part beneficially owns (within the meaning of Section 13 of the Exchange Act), without duplication, on such day (or, to the extent that for any reason the equivalent calculation under Section 16 of the Exchange Act and the rules and regulations thereunder results in a higher number, such higher number) and (B) the denominator of which is the number of Shares outstanding on such day. The “Option Equity Percentage” as of any day is the fraction, expressed as a percentage, (A) the numerator of which is the sum of (1) the product of the Number of Options and the Option Entitlement and (2) the aggregate number of Shares underlying any other call option transaction sold by Dealer to Counterparty, and (B) the denominator of which is the number of Shares outstanding. The “Share Amount” as of any day is the number of Shares that Dealer and any person whose ownership position would be aggregated with that of Dealer (Dealer or any such person, a “Dealer Person”) under any law, rule, regulation, regulatory order or organizational documents or contracts of Counterparty that are, in each case, applicable to ownership of Shares (“Applicable Restrictions”), owns, beneficially owns, constructively owns, controls, holds the power to vote or otherwise meets a relevant definition of ownership under any Applicable Restriction, as determined by Dealer in its reasonable discretion. The “Applicable Share Limit” means a number of Shares equal to (A) the minimum number of Shares that could give rise to reporting or registration obligations or other requirements (including obtaining prior approval from any person or entity) of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1% of the number of Shares outstanding.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)

  • Achievement Percentage means the percentage of achievement determined by the Committee after the end of the Performance Cycle in accordance with Section 4 that reflects the extent to which the Company achieved the Performance Goals during the Performance Cycle.

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • Strike Percentage means 100%

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.