Cost of Living Increase. The Salary shall be increased in respect of each year during the Employment Period commencing on the Effective Date by a percentage equal to the percentage increase, if any, in the consumer price index, all items for Vancouver, as published by Statistics Canada under the authority of the Statistics Act (Canada) (the “CPI”), for the immediately preceding year.
Cost of Living Increase. The minimum fee set forth in this Schedule may increase annually upon each March 1 anniversary of this Agreement over the minimum fee during the prior 12 months, as calculated under this Schedule, in an amount equal to the increase in Pennsylvania Consumer Price Index (not to exceed 6% annually) as last reported by the U.S. Bureau of Labor Statistics for the twelve months immediately preceding such anniversary.
Cost of Living Increase. For each year that the Executive shall receive a benefit, said benefit amount shall be increased by three percent (3%) from the previous years benefit amount.
Cost of Living Increase. The Base Salary provided for in Section 3.1 hereof shall be adjusted annually to reflect the increase, if any, in the cost of living by adding to the Base Salary an amount obtained by multiplying the Base Salary by the percentage by which the level of the Consumer Price Index North Central Region (for all items for urban wage earners and clerical workers as reported for December 31 of each calendar period by the Bureau of Labor Statistics of the United States Department of Labor) has increased over its level as of January I of the same calendar year.
Cost of Living Increase. On each anniversary date of this Agreement during the term hereof or any extension, Base Salary shall be increased by the greater of (i) six (6%) percent of then existing Base Salary, or (ii) the percentage increase, if any, of the consumer price index for Urban Wage Earners and Clerical Workers (Greater Metropolitan Miami area; all items) issued by the Bureau of Labor Statistics of the U.S.
Cost of Living Increase. Subject to Section 32 hereof beginning on January 1, 1994 the Rent (not including the portion attributable to taxes and insurance) shall be adjusted annually on January 1st of each year in proportion to the changes in the Consumer Price Index (CPI) published by the Bureau of Labor Statistics, based upon changes in the CPI for over the past calendar year (twelve (12) months) between the date of initial occupancy (2-1-92) and the years of the Lease as set forth above. At the end of the 1992 year of occupancy thereafter, based upon the renewal options, if any, contained herein, a similar adjustment in the then current rent shall be made by comparing the CPI at the beginning of each renewal year with the CPI at the beginning of the first year of occupancy. Such adjusted rentals shall be payable in twelve (12) equal monthly installments during the year hereof, and each renewal year thereafter. The adjustment, if any, shall be calculated upon the basis of the U.S. Consumer Price Index for urban consumers, St. Paul - Xinneapolis area ("Index"), issued by the Bureau of Labor Statistics of the U.S. Department of Labor ("Bureau"), (1967 = 100). The Index for said subgroup published as of the month prior to the commencement date shall be considered the "Base". The monthly Base Rental for the year shall be adjusted by the percentage increase, if any, in the index as of the month prior to the month of commencement over the Base; provided, however, that in no event shall the monthly Base Rental be less than the amount specified in this Lease not withstanding the fact that the Index may, as of some adjustment date, be less than the Base. When the monthly Base Rental for the year is determined, Lessor shall give Lessee written notice to that effect indicating how the new monthly Base Rental figure was computed. If at any rental adjustment date, there shall not exist the Index in the same format as recited in this Section, the parties shall substitute any official index published by the Bureau of Labor Statistics, or successor or similar governmental agency, as may then be in existence and shall be most nearly equivalent thereto. If the parties shall be unable to agree upon a successsor index, the parties shall refer the choice of a successor index to arbitration in accordance with the rules of the American Arbitration Association. The CPI increased shall commence on January 1, 1994 and shall not exceed six (6) percent in any one year.
Cost of Living Increase. During the Employment Term Blau's Salary shall be increased semiannually by an amount equal to the increase in the cost of living for the immediately preceding calendar half-year, as reported in the "Consumer Price Index, New York and Northeastern New Jersey, All Items," published by the United States Department of Labor, Bureau of Labor Statistics (or, if such index is no longer published, a successor or comparable index that is published). Such amount shall be calculated and paid to Blau in a single sum on or before the first day of the second month following the applicable calendar half year, and thereafter his Salary shall be deemed to include the amount of any such increase. The first calculation and payment shall be made on or before February 1, 1999 with respect to the period October 1, 1998 through December 31, 1998. If Blau's employment shall terminate during any such six-month period, the cost-of-living increase provided in this Section 3(b) shall be prorated accordingly.
Cost of Living Increase. For purposes of this Agreement, "cost of living increase" means the annual percentage increase of the U.S. Department of Labor, BLS, Consumer Price Index (CPI-W) (Philadelphia-New Jersey) during the twelve month period ending on the date of the most recently available data as of the respective dates of adjustment.
Cost of Living Increase. The fees and expenses set forth in this Schedule may increase annually upon each March 1 anniversary of this Agreement over the fees and expenses during the prior 12 months, as calculated under this Schedule, in an amount equal to the annual percentage increase of the Boston, Massachusetts Consumer Price Index (not to exceed 6% annually) as last reported by the U.S. Bureau of Labor Statistics for the twelve months immediately preceding such anniversary.
Cost of Living Increase. For each year that the Executive shall receive a benefit, said benefit amount shall be increased by three percent (3%) from the previous years benefit amount. Disability shall be defined in the Executive's Employment Agreement in effect at the time of said termination or, if no Employment Agreement is in effect, then as defined in the Bank's long term termination policy in effect at the time of said disability. If neither definition exists at the time of termination and there is a dispute regarding whether the Executive is disabled, such dispute shall be resolved by a physician selected by the Bank, a physician selected by the Executive, and a third physician selected by each of the other two (2) physicians. Such resolution shall be binding upon all parties to this Agreement.
