Base Salary Protection Sample Clauses

Base Salary Protection. (a) Lack of Skill. When a Team agrees to protect, in whole or in part, the Base Salary provided for by a Standard Player Contract in the event such Contract is terminated by the Team by reason of the player’s lack of skill, such agreement shall mean that, subject to any conditions or limitations set forth in Exhibit 2 to the Standard Player Contract, and subject further to Article XXXIII, Section 3(b), and notwithstanding the provisions of Sections 6(a)(i)(x), 6(a)(i)(y), 6(e), and 6(f) of this Article, the termination of such Contract by the Team on account of the player’s failure to exhibit sufficient skill or competitive ability shall in no way affect the player’s right to receive, in whole or in part, the Base Salary payable pursuant to Exhibit 1 to such Contract.
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Base Salary Protection 
Sample 1

Related to Base Salary Protection

  • Salary Protection A regular employee who fills a regular vacancy or displaces a regular employee at a lower classification shall receive salary protection in accordance with Article 27.7.

  • Base Salary During the Employment Term, the Company shall pay Executive a base salary at the annual rate of $ , payable in regular installments in accordance with the Company’s usual payment practices. Executive shall be entitled to such increases in Executive’s base salary, if any, as may be determined from time to time in the sole discretion of the Board. Executive’s annual rate of base salary, as in effect from time to time, is hereinafter referred to as the “Base Salary.”

  • Salary No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

  • Salary/Wages Grantee shall list personnel involved, position classification, direct salary rates, and hours spent on the Project in accordance with Attachment 3, Grant Work Plan in their documentation for reimbursement or match requirements.

  • Deferred Salary Leave Each employer ratifying this Agreement will establish or, as necessary, review and update a deferred salary leave plan consistent with Regulations issued by Canada Revenue Agency under the Income Tax Act. The parties may use the Application, Agreement, and Approval Form as a template (see Appendix H) for the deferred salary leave plan.

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