Financial Incentive Sample Clauses

Financial Incentive. A. On the last pay date of each subsequent month, an employee will be paid a financial incentive of 25¢ per hour for the prior month if the employee used - no sick (other than for bereavement as provided for in Section 4., B.), personal, or unpaid leave time that prior month.
AutoNDA by SimpleDocs
Financial Incentive. On the first pay date following the end of each quarter (October, January, April, July), an employee will be paid a financial incentive of $75 for the prior quarter if s/he did not use more than one (1) sick, personal, or unpaid leave (other than the union leave provided for in Section 8., E.) days during the prior quarter.
Financial Incentive. On the last pay date of each subsequent month, an employee will be paid a financial incentive of .40¢ per hour for the prior month if the employee used – no sick (other than for bereavement leave as provided for in Article 6.), personal, or unpaid leave time that prior month). On the last pay of the month following each tri identified below, an employee will be paid a financial incentive of 20¢ per hour for the prior tri if the employee did not use more than one (1) sick (other than for bereavement leave as provided for in Article 6,.), personal, or unpaid leave day that prior tri. 1st Tri Sept – Nov (plus any workday in July and August) 2nd Tri Dec - Feb 3rd Tri March – May (plus any workdays in June) Note: Incentive will be paid out on actual hours worked. Absences, and sick leave if used, shall not be counted against an employee in terms of eligibility for or calculation of the above financial incentive for matters directly pertaining to the following: Injury covered under Workers’ Compensation: Jury duty of the employee; Work-related subpoena received by the employee; Association Leave; Bereavement Leave. In order to waive such an absence in relation to the financial incentive, the employee must supply proper documentation to management prior to the absence. Should any cafeteria employee be called for work beyond his/her regular schedule, except as extension of the regular work hours, the employee shall be paid for a minimum of two (2) hours. Professional Development Stipend – All food service employees completing Xxxxx 0 of the SNA training program for school food service employees and earning and maintaining SNA certification, shall receive a thirty-five cent (35¢) per hour increase. Such wage increase will be paid in semi-monthly pay checks based on the total hours paid during the pay period. There shall be no stipend for employees completing said training or certification on or after January 1, 2005. Van Driver: The Van Driver rate is for driving time exclusive of any time spent traveling to the beginning of the driving assignment or from the end of the driving assignment.
Financial Incentive. Each member of the bargaining unit employed by the institution on the eligibility date as specified below shall receive an incentive one-time payment if the bargaining unit’s Memorandum of Agreement for its 2007-10 Collective Agreement with its Employer is signed by the Union and the Employer by March 31, 2007. The eligibility date for the incentive payment is either of the following dates as applicable:
Financial Incentive i. If eligible, the resident will receive a $500 account credit in the Fall Semester and a $500 account credit in the Winter Semester for a potential total of $1,000 incentive for the Academic Year.
Financial Incentive. Students who transfer from Xxxxxx to Felician through this agreement will receive a FIESTA Scholarship award in the amount of $2,000 annually, for up to four semesters of full-time enrollment, in addition to any merit scholarships or federal and state financial aid for which they qualify and are awarded. Students will be advised of this opportunity at the point of recruitment and the award will be indicated on the student’s admissions offer letter. The award will be disbursed once a student has successfully matriculated into one of the approved STEM programs (see Appendix A) and completed the FIESTA summer bridge program at Felician. Students may be eligible for additional scholarships and grants through Felician, at the sole discretion of Felician, including the Felician Promise Scholarship. Xxxxxx graduates may be eligible for the Felician Promise Scholarship, a tuition-free financial aid program. Students who were recipients of the County College Opportunity Grant (CCOG) and who have an adjusted gross income of $0-$65,000 will be considered for this University need-based grant. To apply for the Felician Promise Program, students must be admitted to Felician, enroll full-time, and submit the Free Application for Federal Student Aid (FAFSA) by April 15th. Students must complete federal and state verification within the applicable deadlines. All Felician aid is awarded from the University’s own resources and is offered to eligible full-time, traditional undergraduate students. This aid may be combined with other financial assistance, but the total gift aid from all sources cannot exceed the cost of tuition, comprehensive fees, and room & board, if applicable. All Felician aid requires satisfactory academic progress, the annual filing of the Free Application for Federal Student Aid (FAFSA) and compliance with other University policies and the University’s code of Conduct. Felician aid does not apply to programs that are already discounted. Awards are renewable contingent upon maintaining the terms and conditions indicated in the scholarship offer.
Financial Incentive agrees to To assist teachers in pursuing their professional growth programs, the Board assist the cost hereof by the following: Teachers will be reimbursed for coursework, seminars, and workshops, upon proof of completion. Reimbursement shall not apply to hours taken through a program by which a teacher received a subsidy from other sources, i.e., National Science Foundation, National Defense Education Act, etc.
AutoNDA by SimpleDocs
Financial Incentive. (a) Microsoft will pay Yahoo! a [*] after the satisfaction of the conditions in Section 2(c) of this Fifth Amendment or the satisfaction of the conditions in Section 2(d) of this Fifth Amendment and the second sentence of Section 2(d)(A) of this Fifth Amendment.
Financial Incentive. Tenant shall pay the sum of Twenty Five Thousand Dollars ($25,000.00) to Landlord, on or before 1 July 1996, as an incentive to cause the current tenant of Suite D to vacate.
Financial Incentive. 1. A teacher's tuition shall be reimbursed by the Board on a one-time basis, to a maximum of four hundred dollars ($400.00) per credit hour for courses successfully completed with at least a grade of "B" or the equivalent, in an accredited institution if such courses are approved in advance by the Superintendent of Schools. At the discretion of the Superintendent, the grade requirement may be waived. Such reimbursement shall be made each September for courses completed before that September first, to teachers returning during that school year, upon presentation of a transcript and documentation of payment. Notwithstanding the foregoing, reimbursement will be made to teachers who do not return during the school year due to death, disability, or termination because of elimination of teaching position, as long as tuition was paid by the teacher prior to notice of such elimination. In each year school year during the term of this Agreement, the Board shall designate twenty-five thousand dollars ($25,000.00) per school year for tuition reimbursement pursuant to this section.
Time is Money Join Law Insider Premium to draft better contracts faster.