Examples of Transition Payment in a sentence
Without limiting any other provision of this Contract, payment of the Contractor’s compensation may, in the sole discretion of DHS, be tied to contract performance as follows: Transition Payment: Eighty percent (80%) of the Transition Price may be invoiced at the end of the first two months of the Contract term after a successful implementation to operations as determined by the Department.
There is hereby provided to the City 8 of Central Falls a one-time lump-sum Appropriation Payment in the amount of $2,636,932 to be 9 used solely for the purposes and subject to the restrictions set forth in the Settlement Agreement 10 to fund Transition Payment to Participating Retirees.
However, a spouse or statutory beneficiary under 4 Rhode Island general laws section 45-21.3-1 shall be entitled to sixty-seven and one-half percent 5 (67.5%) of a deceased Participating Retiree’s Transition Payment.
Operations and Transition Payment: One twelfth (1/12) of the annual operations and transition payment shall be earned monthly and invoiced the month following the month in which services are performed.
The calculation of the payment applicable for the employee is carried out by the employer with the aid of the applicable ‘Calculation Rabobank Transition Payment, which is available via the HR Portal.