CALCULATION RESTRICTIONS Clause Samples

The Calculation Restrictions clause sets specific limitations or conditions on how certain calculations are to be performed under the agreement. It may define which methods, data sources, or parties are permitted for making calculations, and can restrict the use of estimates, assumptions, or particular variables. By establishing clear boundaries for calculations, this clause helps prevent disputes over methodology and ensures consistency and fairness in determining amounts or values relevant to the contract.
CALCULATION RESTRICTIONS. Restrictions on all salary ranges, (Bachelor's, Master's, Educational Specialist, and Doctoral) shall be as follows:
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CALCULATION RESTRICTIONS i. In all salary ranges, (Bachelor's, Master's, Educational Specialist, and Doctoral), credit hours used for salary determination must not have previously been used to calculate salary. Credit hours used for salary determination must have been obtained after the date the preceding degree was earned as evidenced by the official college transcript. The maximum number of credit hours that may be submitted for salary advancement shall not exceed 18 in any single contract year. ii. In all salary ranges, additional credit hours added during the 2019-20 and subsequent school years will only be calculated/credited at intervals of 9, 18, 27, 36, or 39 hours. Hours credited prior to the 2019-20 school year or hours calculated for new hires effective at the beginning of the 2019-20 school year will be fully calculated. For example, a teacher with BA+3 entering the school year will be treated as BA+3 for purposes of salary. If that same teacher earns 3 additional hours, he or she will remain at BA+3 because he/she did not reach the interval of “9.” If that same teacher earns 10 additional hours, he or she will be credited at BA+9, because he/she reached the interval of “9”, but did not reach the interval of “18.”
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CALCULATION RESTRICTIONS. In all salary ranges, (Bachelor's, Master's, Educational Specialist, and Doctoral), credit hours used for salary determination must not have previously been used to calculate salary. Credit hours used for salary determination must have been obtained after the date the preceding degree was earned as evidenced by the official college transcript. An eligible employee who has been approved by the Board for participation in the Voluntary Separation Program shall receive a total benefit equal to the lesser of: (1) his or her final salary times years of credited service times the salary factor indicated in the table below; or (2) $20,000 per year. The total benefit shall be divided into equal monthly payments as indicated in the table below: Year of Plan Eligibility Total Benefit Formula Number of Equal Monthly Payments
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CALCULATION RESTRICTIONS. In all salary ranges, (Bachelor's, Master's, Educational Specialist, and Doctoral), credit hours used for salary determination must not have previously been used to calculate salary. Credit hours used for salary determination must have been obtained after the date the preceding degree was earned as evidenced by the official college transcript. An eligible employee who has been approved by the Board for participation in the Voluntary Separation Program shall receive a total benefit equal to his or her final salary times years of credited service times the salary factor indicated in the table below. The total benefit shall be divided into equal monthly payments as indicated in the table below: Year of Plan Eligibility Total Benefit Formula Number of Equal Monthly Payments
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CALCULATION RESTRICTIONS. Restrictions on all salary ranges, (Bachelor's, Master's, Educational Specialist, and Doctoral) shall be as follows: a. ANNUAL / SEMESTER CREDIT LIMITATIONS. The maximum number of credit hours that may be submitted for salary advancement shall not exceed eighteen (18) in any single contract year. The maximum number of credit hours a full-time employee may attempt for salary advancement shall not exceed eight (8) during the periods of August 1 through December 31 and January 1 through May 31, for a total not to exceed eighteen (18). b. PRE / POST 2019-2020 CREDIT INTERVALS. New credit hours added during the 2019-20 and subsequent school years will only be calculated and credited at intervals of 9, 18, 27, 36, or 39 hours. Those hours credited prior to the 2019-20 school year or hours calculated for new hires effective at the beginning of the 2019-20 school year will be fully calculated, regardless of whether they fall between the 9, 18, 27, 36, or 39 hour intervals. (For example, the salary of a teacher at “BA+3” entering the 2019-2020 school year will continue to see his or her salary calculation include the dollar value of those three (3) credits in 2020-2021 and beyond, but should that same teacher earn three (3) additional hours (BA+6), he or she will remain at BA+3, not having reached the calculation interval of “9.” Should the same teacher earn nine (9) additional hours, he or she will be credited at BA+9, having now accumulated 15 credits, but not yet reached or exceeded the interval of “18.”) c. HOURS EARNED PRIOR TO DEGREE. Credit hours used for salary determination must have been obtained after the date the preceding degree was earned as evidenced by the official college transcript.
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Related to CALCULATION RESTRICTIONS

  • Distribution Restrictions The Employer must elect in Section 6.03 the Adoption Agreement the distribution events permitted under the Plan. The distribution events applicable to the Participant's Deferral Contributions Account, Qualified Nonelective Contributions Account and Qualified Matching Contributions Account must satisfy the distribution restrictions described in paragraph (m) of Section 14.03.

  • Age Restrictions Drivers must be 21 years of age or over.

  • Usage Restrictions Customer will not (a) make any Service or Content available to anyone other than Customer or Users, or use any Service or Content for the benefit of anyone other than Customer or its Affiliates, unless expressly stated otherwise in an Order Form or the Documentation, (b) sell, resell, license, sublicense, distribute, make available, rent or lease any Service or Content, or include any Service or Content in a service bureau or outsourcing offering, (c) use a Service or Non-▇▇▇▇▇▇ Application to store or transmit infringing, libelous, or otherwise unlawful or tortious material, or to store or transmit material in violation of third-party privacy rights, (d) use a Service or Non-▇▇▇▇▇▇ Application to store or transmit Malicious Code, (e) interfere with or disrupt the integrity or performance of any Service or third-party data contained therein, (f) attempt to gain unauthorized access to any Service or Content or its related systems or networks, (g) permit direct or indirect access to or use of any Services or Content in a way that circumvents a contractual usage limit, or use any Services to access or use any of ▇▇▇▇▇▇ intellectual property except as permitted under this Agreement, an Order Form, or the Documentation, (h) modify, copy, or create derivative works based on a Service or any part, feature, function or user interface thereof, (i) copy Content except as permitted herein or in an Order Form or the Documentation, (j) frame or mirror any part of any Service or Content, other than framing on Customer's own intranets or otherwise for its own internal business purposes or as permitted in the Documentation, (k) except to the extent permitted by applicable law, disassemble, reverse engineer, or decompile a Service or Content or access it to (1) build a competitive product or service, (2) build a product or service using similar ideas, features, functions or graphics of the Service, (3) copy any ideas, features, functions or graphics of the Service, or (4) determine whether the Services are within the scope of any patent.

  • AGE RESTRICTION You must be at least 18 (eighteen) years of age to use this Website or any Services contained herein. By using this Website, You represent and warrant that You are at least 18 years of age and may legally agree to this Agreement. The Company assumes no responsibility or liability for any misrepresentation of Your age.

  • Post-Termination Restrictions For the purposes of Clause 1.2 below, the following words shall have the following meanings: