Retention Allowance definition

Retention Allowance means, on a Day, the quantity of Gas determined in accordance with clause 17. Where the term 'Retention Allowance' is used in relation to an Other User, it has an equivalent meaning;
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Retention Allowance means, on a Day, the quantity of Gas determined in accordance with clause 17.3 or clause 17.4 (as the context requires) 17. Where the term 'Retention Allowance' is used in relation to an Other User, it has an equivalent meaning;
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Examples of Retention Allowance in a sentence

  • An employee who is directed to take excess accrued annual leave and/or long service leave pursuant to the LG (State) Award shall not be entitled to the Job Retention Allowance whilst on such directed leave.

  • The Job Retention Allowance is not ordinary time earnings (OTE) for the purposes of superannuation guarantee contributions.

  • Part-time employees shall receive the Job Retention Allowance on a pro-rata basis according to the regular number of hours worked.

  • Departments should refer to the Senior Civil Service Recruitment and Retention Allowance Policy to ensure the correct procedures are adhered.

  • Where an employee is only partially stood down (i.e. working reduced hours or reduced days) the Job Retention Allowance shall be calculated on a pro-rata basis and is only payable on the hours that the employee is stood down from work.

  • Employees may supplement payment of the Job Retention Allowance under this Award by applying to take accrued annual leave or long service leave (including long service leave under 10.4 with the consent of the employer) at the same time.

  • Salaried Employees who are employed and reside in locations between the 55th and 57th parallels, excluding those Employees eligible for the Fort XxXxxxxx allowance, are eligible to be paid a Retention Allowance in addition to their regular annual salary.

  • Employees who take unpaid leave during the year will have the Retention Allowance paid on a pro-rata basis according to the number of hours actually worked during the year.

  • The submission notes that the Recruitment Allowance and the Retention Allowance provide the Government with the necessary flexibility to attract and retain staff with particular skills in a tight labour market.

  • The Corporation previously had a policy which provided that employees were entitled to receive a retention allowance (the " Retention Allowance") on termination of their employment with the Corporation, provided the employee had been with the Corporation for a minimum of two years and provided that termination was not due to misconduct (in the case of misconduct, the Retention Allowance was forfeited).

Related to Retention Allowance

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • Retirement allowance means the retirement payments to which a member is entitled.

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • emission allowance means a financial instrument as defined in point (11) of Section C of Annex I of Directive [new MiFID].

  • Disability allowance means monthly payments during

  • Retention Bonus means the amount equal to:

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • PHARMACY ALLOWANCE means the lower of: • the amount the pharmacy charges for the prescription drug; • the amount we or our PBM have negotiated with a network pharmacy; or • the maximum amount we pay any pharmacy for that prescription drug.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Final compensation of a member means:

  • Severance Amount means:

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Subcontractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant. Contextual Note: Unless the context clearly indicates otherwise, an above definition for a singular term shall also apply (where appropriate) to the plural form of such term and vice versa to the extent necessary for giving the proper meanings to the terms defined in this Article II and/or terms otherwise used in this Agreement.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Severance Costs means the costs which the employers are legally obliged to pay to or in respect of the Crew as a result of the early termination of any employment contract for service on the Vessel.

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • 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 day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Annual Compensation means an amount equal to the greater of:

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.