Minimum Annual Salary definition

Minimum Annual Salary means the minimum Salary that must be included in a Player Contract (other than a Two-Way Contract) that covers the entire Regular Season in accordance with Article II, Section 6(a).
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Minimum Annual Salary as used in this Agreement shall include all increases granted by the Board.
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Minimum Annual Salary means that compensation described in Section 6.1.
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Examples of Minimum Annual Salary in a sentence

  • STEP 2: If the result in Step 1 is a positive number, multiply the result in Step 1 by the Rookie Minimum Annual Salary.

  • Accordingly, for example, if the first Season covered by a player’s Contract is the 2018-19 Season, then the Minimum Annual Salary Scale for the 2018-19 Salary Cap Year shall apply for each Season of the Contract.

  • For each Salary Cap Year commencing with the 2018-19 Salary Cap Year, the Minimum Annual Salary Scale amounts shall be adjusted by applying the percentage increase (or decrease) in the Salary Cap from the preceding Salary Cap Year to the current Salary Cap Year.

  • On July 1 of each Salary Cap Year, any Player Contract (other than a Two-Way Contract) entered into on or after the effective date of this Agreement that provides for a Salary for the upcoming Season that is less than the applicable Minimum Player Salary based on the Minimum Annual Salary Scale applicable to the player shall be deemed amended to provide for the applicable Minimum Player Salary based on such Minimum Annual Salary Scale.

  • The Minimum Annual Salary Scale applicable to a player is determined by the Salary Cap Year encompassing the first Season covered by the player’s Contract.

  • For the 2017-18 Salary Cap Year, the Minimum Annual Salary Scale is set forth as Exhibit C hereto.

  • Minimum Annual Salary shall be at an annual rate of $170,000 payable semi-monthly and continuing until termination of Executive's employment.

  • Minimum Annual Salary shall be at an annual rate of $216,000.00 payable semi-monthly and continuing until termination of Executive's employment.

  • Upon Retirement, the Company shall pay the Executive his Minimum Annual Salary which has been earned but is unpaid as of the date of Retirement.

  • Minimum Annual Salary shall be at an annual rate of $231,700.00 payable semi-monthly beginning January 1, 2007 and continuing until termination of Executive’s employment.


More Definitions of Minimum Annual Salary

Minimum Annual Salary means the salary as provided for in clause 8 - Instructor’s Minimum Annual Salary for Delivery of Educational and Training Support Services, and clause 9 - Annual Review of Instructor’s Minimum Annual Salary, of this Enterprise Agreement.
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Related to Minimum Annual Salary

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one (1) day prior to the Change of Control; and (ii) the average of the Incentive Bonus paid (or payable) for the three (3) most recently completed fiscal years of the Company.

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.

  • Salary as defined in Section 3.1(a).

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Target Bonus has the meaning described in Section 4(b).