Additional Earnings Sample Clauses
The Additional Earnings clause defines the circumstances under which a party may receive compensation beyond the standard or base amount specified in an agreement. This clause typically applies to situations where certain performance targets are met, extra services are rendered, or specific milestones are achieved, resulting in bonus payments or incentive-based earnings. Its core practical function is to incentivize higher performance or reward exceptional contributions, thereby aligning the interests of the parties and providing a clear mechanism for calculating and awarding extra compensation.
Additional Earnings. While on sabbatical leave, a faculty member shall not receive combined compensation in excess of his/her regular contract salary, plus such reasonable and necessary expenses caused by the sabbatical leave activity as tuition, books and supplies, fees, travel costs, and additional living expenses. Faculty members may request an overload assignment while on sabbatical. A form is provided (see APPENDIX E-5) to supply a rationale for the request, which must be approved by the immediate administrator, vice president, and college president. Faculty members on a “working sabbatical” (Option C) do not need to complete this request form. The District and the Association recognize that faculty members often serve as authors, consultants, artists, and other independent roles in addition to their role in the District. This section shall not restrict a faculty member from earning additional compensation from activities participated in during the term of the sabbatical leave that are unrelated to the stated purpose of the sabbatical leave. Income derived from leave-related activities after the term of the sabbatical leave shall not be restricted by the application of this section. (See District Procedure 2710 – Intellectual Property and Copyright and Article 28.3)
Additional Earnings. The on-call availability supplement for SAS doctors will be amended to introduce Category A and Category B arrangements. A prospective assessment will be carried out of the typical nature of the response that the SAS doctor is likely to have to undertake when called during an on-call period. The new arrangements will give increased supplements for those who are undertaking more onerous on-call commitments. more frequent than or equal to 1 in 4 8% 3% less frequent than 1 in 4 or equal to 1 in 8 5% 2% less frequent than 1 in 8 3% 1%
Additional Earnings. 5.3.1 The Committee may, in its sole discretion, determine whether and in what amount additional earnings shall be allocated to Participants' Deferral Accounts. Additional earnings in any Plan Year, if any, as determined by the Committee, will be allocated to each Participant's Deferral Account (except as otherwise provided in Section 6.1.3 and except for Deferral Accounts of Participants who have had a Termination of Employment prior to ten years of participation in the Plan) by the ratio of the Participant's Ceiling Excess Earnings to the sum of all Participants' Ceiling Excess Earnings as of the end of the Plan Year, with such additional earnings and Ceiling Excess Earnings calculated separately for Pre-1991 and Post-1990 Deferral Accounts.
6. Payout of Participants' Accounts
Additional Earnings remuneration received by the employee question in exchange for the work for third parties performed. This is also understood to include deferred income and financial interests.
Additional Earnings. 5.3.1 The Committee may, in its sole discretion, determine whether and in what amount additional earnings shall be allocated to Participants' Deferral Accounts. It is anticipated, but not guaranteed, that for Pre-1991 Deferral Accounts, additional earnings will be allocated beginning with the 10th Anniversary Date of the Plan and that for Post-1990 Deferral Accounts, additional earnings will be allocated beginning on January 1, 2001. Whether additional earnings will be credited and their amount will depend upon several factors, including the Company's future tax rate and its after-tax return on