Advance Notice Incentive Sample Clauses

Advance Notice Incentive. All retirement eligible employees who provide notice in 2009 and retire on or before December 30, 2009, will be provided with additional PTO according to the following schedule: 3 to less than 6 months advance notice of retirement = 10 days of extra PTO 6 to 9 months advance notice of retirement = 15 days of extra PTO The extra PTO may be provided as a cash payment at the employee’s current rate of pay at the time of retirement, minus standard deductions. This provision expires on December 31, 2009. Effective January 1, 2010, the Advance Notice Incentive will be: If an employee is at least fifty-five (55) years of age with at least twelve (12) years of continuous service at retirement, the employee will be provided with additional PTO when providing the following notice:
Sample 1
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Advance Notice Incentive. (moved from Section 13.07(d) - Revise to read Beginning September 1, 2012, all regular employees who give between six (6) and nine (9) m onths’ advance notice of separation and are at least age fifty-five (55) with at least twelve (12) years of continuous service will be eligible for a Retirement Notice Award. The Award will be pro rated by assigned FTE at the time of the employee’s separation and will be paid at the employee’s regular rate of pay at the time of separation. (Example: A 0.5 FTE employee with 15 years of service would receive the equivalent of forty (40) hours of pay.) The Award will be paid at the end of the employee’s career with Group Health. If an employee previously received the retirement PTO award in existence before September 1, 2012 (whether or not they actually retired), they are not eligible to receive this Retirement Notice Award. RETIREMENT NOTICE AWARD SCHEDULE 12 through 19 years of service – 80 hours of pay. 20 or more years of service – 120 hours of pay. (TA 6/5/12) new Section 20.9 – Revise to read: Effective September 1, 2012, eligible regular employees will receive a Retirement Service Award at separation if they are at least age fifty-five (55) and have been continuously employed in at least a .75 FTE position for twelve (12) or more years. The Retirement Service Award is fifty-five dollars ($55) for every year of service at Group Health as a regular employee since their most recent hire date. (TA 6/2/12)
Sample 1

Related to Advance Notice Incentive

  • Advance Notice of Layoff The Employer shall notify employees who are to be laid off four (4) weeks prior to the effective date of layoff. If the employee has not had the opportunity to work the days as provided in this article, they shall be paid for the days for which work was not made available.

  • Advance Notice of Lay-Off In the case of lay off, the Employer shall notify all permanent employees who are about to be laid off twenty (20) working days prior to the effective date of lay off. If the employee, in such case, has not had the opportunity to work twenty (20) full days after notice of lay off, the employee shall be paid in lieu of work for that part of twenty (20) days during which work was not made available.

  • Advance Notice At any time during the Commitment Period, the Company may deliver an Advance Notice to the Investor, subject to the conditions set forth in Section 7.2; provided, however, the amount for each Advance as designated by the Company in the applicable Advance Notice, shall not be more than the Maximum Advance Amount. The aggregate amount of the Advances pursuant to this Agreement shall not exceed the Commitment Amount. The Company acknowledges that the Investor may sell shares of the Company's Common Stock corresponding with a particular Advance Notice on the day the Advance Notice is received by the Investor. There will be a minimum of seven (7) Trading Days between each Advance Notice Date.

  • Advance Notification The Company shall notify the Shop Committee and the Union not less than six (6) months in advance of intent to institute material changes in working methods of facilities which would involve the discharge or laying off of employees.

  • Employee Notice After review of the employee’s timely response, if any, the University shall notify the employee of any action to be taken. An effective date of separation shall follow the employee’s timely response or, if no response is provided, shall be at least ten (10) calendar days from the date of issuance of the notice of intention to separate, pursuant to Section C., above.

  • CAFA Notice Pursuant to 28 U.S.C. § 1715, not later than ten (10) days after the Agreement is filed with the Court, the Settlement Administrator shall cause to be served upon the Attorneys General of each U.S. State in which Settlement Class members reside, the Attorney General of the United States, and other required government officials, notice of the proposed settlement as required by law, subject to Paragraph 5.1 below.

  • Price Increase For purposes of this paragraph, “Contract Year” means a twelve

  • Requesting Price Increase/Required Documentation Contractor must submit a written notification at least thirty (30) calendar days prior to the requested effective date of the change, setting the amount of the increase, along with an itemized list of any increased prices, showing the Contractor’s current price, revised price, the actual dollar difference and the percentage of the price increase by line item. Price change requests must include H-GAC Forms D Offered Item Pricing and E Options Pricing, or the documentation used to submit pricing in the original Response and be supported with substantive documentation (e.g. manufacturer's price increase notices, copies of invoices from suppliers, etc.) clearly showing that Contractor's actual costs have increased per the applicable line item bid. The Producer Price Index (PPI) may be used as partial justification, subject to approval by H-GAC, but no price increase based solely on an increase in the PPI will be allowed. This documentation should be submitted in Excel format to facilitate analysis and updating of the website. The letter and documentation must be sent to the Bids and Specifications manager, Xxxxxxx Xxxxxx, at Xxxxxxx.Xxxxxx@x-xxx.xxx Review/Approval of Requests If H-GAC approves the price increase, Contractor will be notified in writing; no price increase will be effective until Contractor receives this notice. If H-GAC does not approve Contractor’s price increase, Contractor may terminate its performance upon sixty (60) days advance written notice to H-GAC, however Contractor must fulfill any outstanding Purchase Orders. Termination of performance is Contractor’s only remedy if H-GAC does not approve the price increase. H-GAC reserves the right to accept or reject any price change request.

  • Termination Warning Notice 5.B The Secretary of State may serve a Termination Warning Notice where he considers that:

  • Price Increases This section applies to pricing not Benchmarked to GSA Supply Schedule. Additionally, where pricing submitted for Services is not benchmarked to an approved GSA Supply Schedule:

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