Common use of Exceptional Merit Cash Payment Clause in Contracts

Exceptional Merit Cash Payment. 1. The City may grant an Exceptional Merit Cash Payment to any employee at “E” step that meets standards on their most recent Performance Evaluation. It isunderstood and expressly agreed to by the parties to this MOU that any employee receiving a payment under this provision shall not acquire any future rights to receive any future payment beyond that employee’s base wage.

Exceptional Merit Cash Payment. 1. The City may grant an Exceptional Merit Cash Payment exceptional merit cash payment to any employee at “E” step that meets standards on their most recent Performance Evaluationperformance report. It isunderstood is understood and expressly agreed to by the parties to this MOU that any employee receiving a payment under this provision shall not acquire any future rights to receive any future payment beyond that employee’s base wagesalary.