Minimum Annual Salary Scale definition

Minimum Annual Salary Scale means: (i) for the 2017-18 Salary Cap Year, the Minimum Annual Salary Scale table annexed hereto as Exhibit C; and (ii) for each of the 2018-19 through 2023-24 Salary Cap Years, the Minimum Annual Salary Scale table for such Salary Cap Year prepared immediately upon the determination of the Salary Cap for such Salary Cap Year in accordance with the provisions of this Agreement and including the adjusted Minimum Annual Salary Amounts for such Salary Cap Year as calculated in accordance with Section 1(jj) above.
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Minimum Annual Salary Scale means the scale annexed hereto as Exhibit C.
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Examples of Minimum Annual Salary Scale in a sentence

  • 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.

  • Teams will be reimbursed from a league-wide fund for such increases, except with respect to any amount required to increase a player’s salary to his Minimum Player Salary as set forth in the 2017-18 Minimum Annual Salary Scale.

  • Any player contract that was entered into prior to the execution of the 2017 CBA and that remained in effect on July 1, 2017 and provided for salary less than the Minimum Player Salary set forth in the 2017-18 Minimum Annual Salary Scale was deemed amended to provide for the player’s new Minimum Player Salary.

  • The 2017-18 Minimum Annual Salary Scale will increase minimum salaries for that season by 45%.

  • As with the Rookie Scale, there will be a new Minimum Annual Salary Scale issued each season prior to the Moratorium Period for contracts, including multi-year contracts, signed that season.

  • Accordingly, for example, if the first Season covered by a player’s Contract is the 2023-24 Season, then the Minimum Annual Salary Scale for the 2023-24 Salary Cap Year shall apply for each Season of the Contract.

Related to Minimum Annual Salary Scale

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • 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.

  • 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.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

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

  • 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.