First Calendar Year Sample Clauses

First Calendar Year. The first calendar year in which Minimum Revenues shall be guaranteed, shall begin on the earlier of (a) the January 1 immediately following Regulatory Approval or (b) January 1, 2004, unless the parties agree otherwise.
First Calendar Year. The partial Calendar Year period commencing on the Term Commencement Date and ending on the next succeeding December 31.
First Calendar Year employees will accrue vacation pay based on four percent (4%) of earnings. Effective January 1st following the employee’s hire date, the employee will be eligible for two (2) weeksvacation time-off if hired prior to the preceding July 1st, or one (1) week vacation time-off if hired on or after the preceding July 1st. The four percent (4%) vacation pay accrued on earnings from the employee’s hire date to and including December 31st of the first calendar year will be paid at the time of taking said vacation; at the employee’s option he may choose to be paid the vacation pay and not take the time-off. Subsequent calendar years – an employee’s eligibility for vacation pay and time off will be based on complete calendar years of service, as measured from the January 1st first following the employee’s date of hire. When an employee reaches a hire date anniversary that qualifies him for an additional week of annual vacation (after Years 4, and 9 8 and 14) he will commence taking that additional week effective the January 1st of the year in which he will earn it. This is based on the understanding that should the employee have taken this additional week and then his employment terminate prior to the anniversary of his hire date, the employee will reimburse the Employer the value of said week. Commencing in the employee’s second complete calendar year of employment, the calculation of the employee’s vacation pay will be based on the employee’s earnings in the prior calendar year. At the time of taking a week’s vacation, the employee will be paid two percent (2%) of his prior calendar year’s earnings. In the case of a regular employee who worked a minimum of one thousand five hundred (1,500) hours in the previous calendar year, at the time of taking a week’s vacation, said employee will be paid the greater of two percent (2%) of his prior calendar year’s earnings, or forty
First Calendar Year. The Company shall cause the Board to work with Executive to establish in good faith on or prior to May 1, 2001 a bonus compensation plan for Executive for the period from the date hereof through and including December 31, 2001 (the "First Year Plan Period"). Such plan shall provide for (a) "net income before taxes" targets (determined in accordance with generally accepted accounting principles applied on a consistent basis ("GAAP")) at least three separate levels, which, if achieved by the Company during such period, would entitle Executive to Bonus Compensation of fifty percent (50%), seventy-five percent (75%) and one hundred percent (100%), respectively, of Base Salary earned by Executive during the First Year Plan Period and (b) minimum Bonus Compensation for Executive for such First Year Plan Period of $37,500.

Related to First Calendar Year

  • Calendar Year For the purpose of this Agreement, the calendar year shall mean the twelve (12) month period from January 1st to December 31st, inclusive.

  • School Calendar i. The School shall provide instruction for at least the number of days and the minimum number of instructional minutes required by law for other public schools and may provide instruction for additional days in accordance with 1002.33(9)(m), Florida Statutes.

  • Academic Calendar The Superintendent will establish a baseline school calendar each year, including student start date, school vacations and holidays. The Employer may alter the academic calendar each year as needed. School and professional development sessions will not be held on state and federal holidays. However, academic programs such as Acceleration Academies may be held on these days.

  • Calendar Quarter January through March, April through June, July through September, or October through December.

  • Calendar The Gregorian calendar shall be used in calculating, invoicing and paying all amounts due under this Agreement.

  • Contract Year Each of (i) the period from the Effective Date to the last Day of the Month in which the first anniversary of the Effective Date occurs and (ii) each period of twelve (12) Months thereafter.

  • End of Fiscal Years; Fiscal Quarters The Parent shall cause (i) each of its, and each of its Subsidiaries’, fiscal years to end on December 31 of each year and (ii) each of its and its Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each year.

  • year The employee shall provide medical substantiation to support her request for pregnancy leave. The request must include the beginning and ending dates of the leave and must be requested no later than thirty (30) calendar days after the birth of the child. Any changes to the leave, once approved, are permissive and subject to the approval of the department head or designee.

  • Annual Accounting Period The annual accounting period of the Company shall be its taxable year. The Company’s taxable year shall be selected by the Member, subject to the requirements and limitations of the Code.

  • Fiscal Year; Fiscal Quarter The Borrower shall not change its fiscal year or any of its fiscal quarters, without the Administrative Agent’s prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed.