Market supplement definition

Market supplement is an additional constant dollar amount which may be added from time-to-time to the base pay rate of an occupational group or to specific levels within an occupational group. Market supplement is considered part of pay for purposes of overtime, superannuation and other wage related benefits. It is not considered part of pay, however, for purposes of calculating performance increases or increases on promotion and reclassification.

Examples of Market supplement in a sentence

  • Competitive Supplier shall review the Renewal Notice and notify the Municipality of any comments or concerns regarding the form or content of the notice.

  • As at 1.4.2020 Executive Directors are paid spot salary payments of £119,952 and the Head of Health and Wellbeing / Director of Public health is paid on a personal grade of NHS Senior Band 9 plus Market supplement providing for a total salary of £90,000.

  • Jefferson county said that this meeting has already helped processing – just meeting and talking between CSE and the Courts they have tweeked their process to make it easier for both sides.

  • Market supplement reviews will be undertaken in the following circumstances:  At least three months prior to the end of the guaranteed period, Human Resources will instruct the Line Manager to commence the review of the market place related to that post and present the findings to the Pay and Grading Group no later than six weeks prior to the end of the guaranteed period. If a review indicates that the market supplement is no longer justified, it will be withdrawn.

  • Pay Protection will exclude:▪ All allowances The following payments will not be covered by Pay Protection:• Allowances or enhanced payments (rates for working evenings, nights, weekends, bank holidays, free and rest days)• Additional hours• Standby payments• Call out payments• Travel payments• Acting up allowance• Honorarium payments• Market supplement payments• SEN Allowance• And any other allowances not retained as part of the new terms and conditions of Single Status.

  • Notwithstanding any other provision of this Contract or the Exhibits to the contrary, the School District represents that it is a tax-exempt organization and is therefore not subject to taxes arising out of this Contract or the Program Manager’s performance under this Contract.

  • The total remuneration package should not exceed the existing level of pay plus market supplement without further agreement through ACOS• Market supplement payments should not exceed the agreed annual market supplement amount for a full time employee.

  • Market supplement payments must at all times be justifiable by reference to market conditions and to achieve this they can only be agreed for a maximum of two years.

  • A Market supplement is currently paid to employees within Building Control.

  • The total remuneration package should not exceed the existing level of pay plus market supplement without further agreement through ACOS Market supplement payments should not exceed the agreed annual market supplement amount for a full time employee.

Related to Market supplement

  • Security Agreement Supplement has the meaning specified in the Security Agreement.

  • Pledge Agreement Supplement means, with respect to each Pledge Agreement, the Pledge Agreement Supplement in the form affixed as an Exhibit to such Pledge Agreement.

  • IP Security Agreement Supplement has the meaning specified in the Security Agreement.

  • Intellectual Property Security Agreement Supplement means, collectively, any intellectual property security agreement supplement entered into in connection with, and pursuant to the terms of, any Intellectual Property Security Agreement.

  • Dietary supplement means a product, other than tobacco, that:

  • Replacement Supplier means any third party provider of Replacement Services appointed by or at the direction of the Customer from time to time or where the Customer is providing Replacement Services for its own account, shall also include the Customer;

  • Joinder Supplement means an agreement among the Borrower, a Lender, its Lender Agent and the Administrative Agent in the form of Exhibit E to this Agreement (appropriately completed) delivered in connection with a Person becoming a Lender hereunder after the Closing Date.

  • Country Supplement means a supplement to this Prospectus specifying certain information pertaining to the offer of Shares of the Company or a Fund or Class in a particular jurisdiction or jurisdictions.

  • mobility supplement means a supplement to which paragraph 9 of Schedule 4 refers;

  • Asset Pool 1 Supplement means the Asset Pool 1 Supplement dated as of October 9, 2002, by and between the Issuer and the Indenture Trustee, as amended and supplemented from time to time.

  • Supplemental Agreement Any supplemental agreement entered into pursuant to Article IX hereof.

  • Supplement(s) means any document which may add, delete, amend or replace the terms and benefits of this Policy. Supplement(s) shall include but is not limited to endorsement, rider, annex, schedule or table attached and issued with this Policy.

  • Supplemental Agreements means the First Supplemental Agreement, the Second Supplemental Agreement, the Third Supplemental Agreement, the Fourth Supplemental Agreement, the Fifth Supplemental Agreement and the Sixth Supplemental Agreement.

  • L/C Amendment Application means an application form for amendment of outstanding Letters of Credit as shall at any time be in use at the Issuing Bank, as the Issuing Bank shall request.

  • Guaranty Supplement means an instrument substantially in the form of Exhibit I hereto.

  • Transfer Supplement has the meaning set forth in Section 6.3(c) of this Agreement.

  • Security Joinder Agreement means each Security Joinder Agreement, substantially in the form thereof attached to the Security Agreement, executed and delivered by a Guarantor or any other Person to the Administrative Agent pursuant to Section 6.12 or otherwise.

  • the first supplementary agreement means the agreement of which a copy is set out in the Second Schedule;

  • exempt supply means supply of any goods or services or both which attracts nil rate of tax or which may be wholly exempt from tax under section 11, or under section 6 of the Integrated Goods and Services Tax Act, and includes non-taxable supply;

  • Trust Supplement means an agreement supplemental to the Basic Pass Through Trust Agreement pursuant to which (i) a separate trust is created for the benefit of the holders of the Pass Through Certificates of a class, (ii) the issuance of the Pass Through Certificates of such class representing fractional undivided interests in such trust is authorized and (iii) the terms of the Pass Through Certificates of such class are established.

  • Pledge Supplement means any supplement to this agreement in substantially the form of Exhibit A.

  • Additional Xxxx of Sale means each document, in the form of Attachment D hereto, executed by an authorized officer of VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding which shall: (i) set forth the list and certain terms of (a) Additional Loans offered by VL Funding and the VL Funding Eligible Lender Trustee on behalf of VL Funding and accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding, including the Additional Loans Purchase Price for the Additional Loans being sold thereunder or (b) Substituted Loans substituted by VL Funding and (ii) sell, assign and convey to Funding and the Interim Eligible Lender Trustee, for the benefit of Funding, and their assignees, all right, title and interest of VL Funding and of the VL Funding Eligible Lender Trustee on behalf of VL Funding in the Additional Loans or Substituted Loans, as applicable, listed on the related Additional Xxxx of Sale and (iii) certify that the representations and warranties made by VL Funding and the VL Funding Eligible Lender Trustee on behalf of VL Funding pursuant to Sections 5(A) and (B) of these Master Terms, by the Servicer as set forth in Section 5(C) and by the Interim Eligible Lender Trustee as set forth in Section 5(D) are true and correct.

  • Accession Agreement means an Accession Agreement substantially in the form of Annex I to the Guaranty.

  • Supplemental Marketing Material means any Issuer Free Writing Communication other than any Issuer Free Writing Communication specified in Schedule B hereto. Supplemental Marketing Materials include, but are not limited to, any Issuer Free Writing Communication listed on Schedule C hereto.

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • Subsidiary Joinder Agreement means a joinder to this Agreement, substantially in the form of Exhibit C.