Anniversary Pay Sample Clauses

Anniversary Pay. Extra Day’s Pay After completing one year of driving with the district each Employee shall receive one extra day’s pay in the paycheck immediately following the first anniversary of their employment and all subsequent anniversaries. After three (3) years, the employee will receive two (2) extra days pay following their third (3rd) anniversary and subsequent anniversaries. After five (5) years, the employee will receive three (3) extra days pay following their fifth (5th) anniversary and subsequent anniversaries. After ten (10) years, the employee will receive four (4) extra days pay following their tenth (10th) anniversary and subsequent anniversaries. After fifteen (15) years, the employee will receive five (5) extra days pay following their fifteenth (15th) anniversary and subsequent anniversaries. After twenty (20) years, the employee will receive six (6) extra days pay following their twentieth (20th) anniversary and subsequent anniversaries. One anniversary day is the equivalent to the contractual minimum daily guarantee at the employee’s regular hourly rate of pay. Holiday Pay Beginning July 1, 2015 all employees will receive nine (9) paid holidays. The following holidays comprise the nine: Labor Day, Veterans Day, Thanksgiving Day, Christmas Eve, Christmas Day, New Year’s Eve, New Year’s Day, Xxxxxx Xxxxxx Xxxx Day and Presidents Day. In order for the employee to be eligible for holiday pay they must work their entire schedule the business day before and after the holiday. The only exceptions to the holiday pay eligibility requirements are verified bereavement, jury duty, or court date. If an employee is scheduled to work any of these listed paid holidays the work will be completed at the regular straight time rate for that work and an alternate day off will be provided at a mutually acceptable preplanned date. Eligibility rules for holiday pay and personal days will apply. Job Related Requirements Employees will be reimbursed for job related requirements including educational courses (equivalent to current cost of district-scheduled courses) related to school bus transportation. Drivers will receive three (3) hours pay for court attendance for stop arm violations. Employees shall be paid actual time for attendance to job related courses, such as, first aid, defensive driving, safety meetings, etc. Employee’s failure to pass all required training and tests by the District and State will disqualify applicant trainee from employment. EXHIBIT B PRETRIP...
Sample 1
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Anniversary Pay. Anniversary pay is to be based on an employee's anniversary date, as follows: An employee hired subsequent to May 31st in any year will be eligible to receive anniversary pay equal to 2 percent of their earnings from the date of their employment to the following May 31st. This amount shall be calculated for the employee on May 31st following their first anniversary date and shall be in addition to the regular vacation pay. In like manner, an employee will be eligible to receive anniversary pay equal to 2 percent of their earnings from their second anniversary to the following May 31st, and this amount shall be calculated on May 31st following their third anniversary. An employee will be eligible also to receive anniversary pay equal to 2 percent of their earnings from their sixth anniversary date to the following May 31st, and this amount shall be calculated on May 31st following their seventh anniversary. An employee will be eligible also to receive anniversary pay equal to 1 percent of their earnings from their eleventh anniversary date to the following May 31st, and this amount shall be calculated on May 31st following their twelfth anniversary. An employee also will be eligible to receive anniversary pay equal to 1 percent of their earnings from their fifteenth anniversary date to the following May 31st and this amount shall be calculated on May 31st, following their sixteenth anniversary. An employee also will be eligible to receive anniversary pay equal to 2 percent of their earnings from their twenty-first anniversary date to the following May 31st and this amount shall be calculated on May 31st following their twenty-second anniversary. An employee also will be eligible to receive anniversary pay equal to 2 percent of their earnings from their twenty-ninth anniversary date to the following May 31st, and this amount shall be calculated on May 31st following their thirtieth anniversary. An employee retired under the Pension Plan or on leave or laid off and maintaining or accumulating service on the payable date above referred to will be paid their anniversary pay for which they are eligible. Employees retiring with less than 5 years of service will be eligible for accumulated vacation pay. The estate or the heirs of an employee who is eligible and who dies before the payable date will be paid their anniversary pay. An employee who quits or is discharged prior to the payable dates will be paid anniversary pay, or regular vacation pay. An employee who ...
Sample 1

Related to Anniversary Pay

  • Anniversary Date A regular employee’s initial date of current employment with the Employer as a regular employee shall be her anniversary date for the purpose of determining benefits and for the purpose of determining increment anniversary date. (Reference Article 6.05 - Superior Benefits and Article 12.03 - Increments).

  • Anniversary Fee A fully earned, non refundable anniversary fee of Twenty Seven Thousand Five Hundred Dollars ($27,500), payable on the date that is three hundred sixty five (365) days after the Effective Date

  • Anniversary Dates Except as may otherwise be provided for in deep class resolutions, anniversary dates will be set as follows:

  • Date Increment Due Increments shall accrue and become due and payable on the next day following completion of required service as an employee in the class, unless otherwise provided herein.

  • Over-Allowance Amount On the Cost Proposal Delivery Date and, in any event, prior to the commencement of the construction of the Tenant Improvements, Tenant shall deliver to Landlord cash in an amount (the “Over-Allowance Amount”) equal to the difference between (i) the amount of the Cost Proposal and (ii) the amount of the Tenant Improvement Allowance (less any portion thereof already disbursed by Landlord, or in the process of being disbursed by Landlord, on or before the Cost Proposal Delivery Date). The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. If, after the Cost Proposal Date, any revisions, changes, or substitutions shall be made to the Construction Drawings or the Tenant Improvements as a result of requests made by Tenant or as otherwise specified in Section 5.01(h) below, any additional costs which arise in connection with such revisions, changes or substitutions shall be paid by Tenant to Landlord immediately upon Landlord’s request as an addition to the Over-Allowance Amount and, in any event, prior to the commencement of the construction of the revisions, changes or substitutions. Promptly following completion of construction of the Tenant Improvements and payment of all costs incurred in connection therewith, Landlord shall prepare and deliver to Tenant a reasonably detailed reconciliation of (i) the total cost of the Tenant Improvements, including all Tenant Improvement Allowance Items, and (ii) the total amount of the Tenant Improvement Allowance and the Over-Allowance Amount payments previously made by Tenant pursuant to the foregoing provisions of this Section. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements exceeds the amount of the Tenant Improvement Allowance plus all Over-Allowance Amount previously paid by Tenant, Tenant shall pay the amount of such shortfall to Landlord within thirty (30) days after receipt of such reconciliation. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements is less than the amount of the Tenant Improvement Allowance plus all Over-Allowance Amounts previously paid by Tenant, Landlord shall pay the amount of such overage to Tenant at the time that Landlord delivers such reconciliation to Tenant.

  • CONTRACT ANNIVERSARY An anniversary of the Contract Date.

  • Initial Effective Date The initial effective date of coverage under the Group Insurance Program is the thirty-fifth (35th) day following the employee's first day of employment, re- hire, or reinstatement with the State. The initial effective date of coverage for an employee whose eligibility has changed is the date of the change. An employee must be actively at work on the initial effective date of coverage, except that an employee who is on paid leave on the date State-paid life insurance benefits increase is also entitled to the increased life insurance coverage. In no event shall an employee's dependent's coverage become effective before the employee's coverage. If an employee is not actively at work due to employee or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the employee returns to work.)

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation.

  • Term Commencement Date The term of this Agreement shall commence on , 2020 (the “Commencement Date”) and, unless earlier terminated in accordance with the terms of this Agreement, shall end on June 30, 2055 (the “Term”).

  • Automatic Renewal Limitation for TIPS Sales No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor received written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. Any TIPS Sale Supplemental Agreement containing an “Automatic Renewal” clause that conflicts with these terms is rendered void and unenforceable.

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