Equity increase definition

Equity increase means a salary increase provided to a classified employee to mitigate either a serious internal agency inequity or a documented external market condition.
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Equity increase means the increase in the equity value per common share of the Company's stock during each Award Cycle plus Dividends for that Award Cycle, determined pursuant to the following formula: Equity Increase (EI) equals the End Value (EV) minus the Initial Value (IV) plus Dividends (D). Namely . . .
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Equity increase shall have the meaning set forth in Section 1.4(b)(i).
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Examples of Equity increase in a sentence

  • Equity increase for associate professors = ($79,500– 2014/15 base salary) x 0.20.

  • Eligibility for equity distribution for associate professors is limited to those associate professors whose 2019/2020 base salary is lower than ($88,000; Equity increase for associate professors = ($88,000 – 2019/2020 base salary) x .20.

  • Equity increase for full professors = ($100,500 – 2014/15 base salary) x 0.20.

  • Equity increase for full professors = ($100,500 – 2013/14 base salary) x 0.20.

  • Equity increase for associate professors = ($79,500– 2013/14 base salary) x 0.20.

  • Those Deputies whose rate of pay exceeds the amount of the maximum Step Pay Plan Level for their respective classification and / or rank prior to being placed into the Step Pay Plan shall retain their existing rate of pay without being placed into the Step Pay Plan and shall be eligible for a Market Equity increase of 3.0% on October 01st of each applicable fiscal year during the effective period of this Agreement.

  • Notwithstanding anything contained herein to the contrary, at Closing, the Preferred Equity increase shall not be less than $1,000,000.00.

  • Note: January 1/94 Pay Equity increase actually processed effective Dec.

Related to Equity increase