Common use of ATHLETIC STIPENDS Clause in Contracts

ATHLETIC STIPENDS. 1. Compensation shall be determined by multiplying the index for the assignment by the Base Salary in effect on August 1 to determine the annual amount. For each additional season in a particular assignment, the teacher is entitled to a stipend computed by increasing the teacher’s current experience rating (that is the number of years of experience which have been previously credited to the teacher for purposes of computing his/her stipend entitlement) by an amount equal to the value of one (1) increment multiplied by the index. Such amount would be determined based upon the following mathematical expression: {[base salary + (experience rating) (increment)] index}. However, no increases for additional seasons in particular assignments shall be granted between July 1, 1993 and June 30, 1994, and also between July 1, 2005, and June 30, 2006, and between July 1, 2009 and June 30, 2014. No such increases will be granted for experience beyond twenty (20) years in a particular assignment.

Appears in 6 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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ATHLETIC STIPENDS. 1. Compensation shall be determined by multiplying the index for the assignment by the Base Salary in effect on August 1 to determine the annual amount. For each additional season in a particular assignment, the teacher is entitled to a stipend computed by increasing the teacher’s current experience rating (that is the number of years of experience which have been previously credited to the teacher for purposes of computing his/her stipend entitlement) by an amount equal to the value of one (1) increment ($1377) multiplied by the index. Such amount would be determined based upon the following mathematical expression: {[base salary + (experience rating) (increment)] index}. However, no increases for additional seasons in particular assignments shall be granted between July 1, 1993 and June 30, 1994, and also between July 1, 2005, and June 30, 2006, and between July 1, 2009 and June 30, 2014. No such increases will be granted for experience beyond twenty (20) years in a particular assignment.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

ATHLETIC STIPENDS. 1. Compensation shall be determined by multiplying the index for the assignment by the Base Salary in effect on August 1 to determine the annual amount. For each additional season in a particular assignment, the teacher is entitled to a stipend computed by increasing the teacher’s current experience rating (that is the number of years of experience which have been previously credited to the teacher for purposes of computing his/her stipend AUG 1, 2017 75 entitlement) by an amount equal to the value of one (1) increment multiplied by the index. Such amount would be determined based upon the following mathematical expression: {[base salary + (experience rating) (increment)] index}. However, no increases for additional seasons in particular assignments shall be granted between July 1, 1993 and June 30, 1994, and also between July 1, 2005, and June 30, 2006, and between July 1, 2009 and June 30, 2014. No such increases will be granted for experience beyond twenty (20) years in a particular assignment.

Appears in 1 contract

Samples: Master Agreement

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ATHLETIC STIPENDS. 1. Compensation shall be determined by multiplying the index for the assignment by the Base Salary in effect on August 1 to determine the annual amount. For each additional season in a particular assignment, the teacher is entitled to a stipend computed by increasing the teacher’s current experience rating (that is the number of years of experience which have been previously credited to the teacher for purposes of computing his/her stipend entitlement) by an amount equal to the value of one (1) increment multiplied by the index. Such amount would be determined based upon the following mathematical expression: {[base salary + (experience rating) (increment)] index}. However, no increases for additional seasons in particular assignments shall be granted between July 1, 1993 and June 30, 1994, and also between July 1, 2005, and June AUG 1, 2018 76 30, 2006, and between July 1, 2009 and June 30, 2014. No such increases will be granted for experience beyond twenty (20) years in a particular assignment.

Appears in 1 contract

Samples: Master Agreement

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