Common use of Exemplary Performance Pay Clause in Contracts

Exemplary Performance Pay. 295. 1. For Fiscal Years 2006-2007, 2007-2008, 2008-2009 and 2009-2010, qualified represented employees shall be eligible to receive Exemplary Performance Pay in a lump sum amount between 1.0% and 2.5% of the employee’s base pay earned during the preceding fiscal year. This payment shall be deemed compensation for purposes of retirement and allocated to the fiscal year the exemplary performance was rendered. It is acknowledged that effective June 30, 2009, the Exemplary Performance Pay program shall be suspended due to lack of funds, and shall remain suspended due to the lack of departmental funds through fiscal years 2009-2010, 2010-2011 and 2011-2012.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Exemplary Performance Pay. 295265. 1. For Fiscal Years 2006-2007, 2007-2008, 2008-2009 and 2009-2010, qualified represented employees shall be eligible to receive Exemplary Performance Pay in a lump sum amount between 1.0% and 2.5% of the employee’s base pay earned during the preceding fiscal year. This payment shall be deemed compensation for purposes of retirement and allocated to the fiscal year the exemplary performance was rendered. It is acknowledged that effective June 30, 2009, the Exemplary Performance Pay program shall be suspended due to lack of funds, and shall remain suspended due to the lack of departmental funds through fiscal years year 2009-2010, 2010-2011 and 2011-2012.

Appears in 1 contract

Samples: Agreement

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Exemplary Performance Pay. 295241. 1. For Fiscal Years 2006-2007, 2007-2008, 2008-2009 and 2009-2010, qualified represented employees shall be eligible to receive Exemplary Performance Pay in a lump sum amount between 1.0% and 2.5% of the employee’s base pay earned during the preceding fiscal year. This payment shall be deemed compensation for purposes of retirement and allocated to the fiscal year the exemplary performance was rendered. It is acknowledged that effective June 30, 2009, the Exemplary Performance Pay program shall be suspended due to lack of funds, and shall remain suspended due to the lack of departmental funds through fiscal years 2009-2010, 2010-2011 and 2011-2012.

Appears in 1 contract

Samples: Agreement

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