Common use of Cost of Living Increase Clause in Contracts

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.

Appears in 4 contracts

Samples: Employment Agreement (Communicate Com Inc), Employment Agreement (Communicate Com Inc), Agreement and Plan of Merger (Communicate Com Inc)

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Cost of Living Increase. The Salary shall be increased in respect of each year during the Employment Period commencing on the Effective Date October 1, 2008 by a percentage equal to the percentage increase, 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.

Appears in 3 contracts

Samples: Employment Agreement (Communicate Com Inc), Employment Agreement (Communicate Com Inc), Employment Agreement (Communicate Com Inc)

Cost of Living Increase. The Salary shall be increased in respect of each subsequent year during the Employment Period commencing on the Effective Date by a percentage equal to the percentage increase, 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 period from June 1, 2007 to June 1 of such subsequent year, less the percentage increase (if any) in the CPI for the period from June 1, 2007 to June 1 of the year in the Employment Period next preceding such subsequent year.

Appears in 1 contract

Samples: Employment Agreement (Communicate Com Inc)

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Cost of Living Increase. The Salary shall be increased in respect A cost of each year during the Employment Period commencing on the Effective Date by a percentage equal to the percentage living increase, if any, based on Statistics Canada data for the period in the consumer price index, all items question (Consumer Price Index (CPI) for Vancouver, all items, not seasonally adjusted) will be added to the wage rate in January, May, and September of each year, according to cost of living increases for each four month period as published by Statistics Canada under the authority of the Statistics Act (Canada) (the “CPI”), for the immediately preceding year.follows:

Appears in 1 contract

Samples: Collective Agreement

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