Leave Salary means the monthly amount paid by the University to an employee who is on leave.
Leave Year means the year ending with the anniversary date of the employee’s appointment.
Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.
Employee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated.
Leave of Absence means absent from work with permission.
Eligible Employees means each employee of the Company or an Affiliate.
Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.
Final compensation of a member means:
Leave means authorized absence from duty by an employee during his or her regular or normal hours of work;
Eligible employer means any municipality with a municipal
Severance Period shall have the meaning set forth in Section 5(b).
Annual Compensation means an amount equal to the greater of:
Continuing Employee has the meaning set forth in Section 6.7(a).
Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))