Market Point definition

Market Point means for any Participant for any calendar year the market point (as determined under the Corporation's salary administration program) of such Participant's job grade at the end of the calendar year; provided, however, that if the Corporation changes such Participant's job grade during any such calendar year or such Participant is promoted, transferred, or otherwise moves into a different job grade during such calendar year, then such Market Point shall be calculated on a pro rata basis for each of the periods in which such job grades were in effect for such Participant.
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Market Point means for any Participant for any calendar year the market point (as determined under the Corporation’s salary administration program) of such Participant’s job grade at the end of the calendar year; provided, however, that if the
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Market Point means for any Participant the average market
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Examples of Market Point in a sentence

  • Total combination of base and bonus pay will not exceed 6% Greater than or equal to Market Point Achieves Expectations 0% Greater than or equal to Market Point Achieves Expectations Plus 0% Greater than or equal to Market Point Exceeds Expectations 6% lump-sum bonus, up to maximum of pay grade.

  • The point at which the gas is to be delivered hereunder by TCPL to Customer at the Market Point, as set out in Exhibit “A” of this STS Contract, is the delivery point specified in the FT Contract or MFP Contract.

  • To develop and identify each ZLan▇.▇▇▇ ▇▇▇ritory, ZLan▇.▇▇▇ ▇▇▇ assigned a "Market Point" value based on the number of employees in every business in each zip code throughout the U.S., ranging from .5 point for businesses with fewer than 20 employees to up to 50 points for businesses with 500 or more employees.

  • Base pay will be limited to the employee’s classification pay grade Market Point.


More Definitions of Market Point

Market Point means for any Participant for any calendar year the market point (as determined under the Corporation’s salary administration program) of such Participant’s job grade at the end of the calendar year; provided, however, that if the Corporation changes such Participant’s job grade during any such calendar year or such
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Market Point means for any Participant for any calendar
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