For 2016 Clause Samples
The clause titled "for 2016" designates that the terms, obligations, or provisions it references are specifically applicable to the year 2016. In practice, this means that any rights, duties, or calculations outlined in the agreement are limited to or measured within the 2016 calendar year. For example, financial reporting, performance metrics, or contractual deliverables may be assessed only for activities occurring in 2016. This clause ensures clarity by explicitly defining the relevant time period, thereby preventing confusion or disputes about which year the terms apply to.
For 2016. If the Agreement is terminated prior to expiration of the Agreement in a given calendar year, any payment due to the Regents for the Minimum Annual Royalty in any subsequent year will be waived and Licensee will only pay royalty under Section 3.2until any remaining inventories of Licensed Product are sold subject to the terms of this Agreement.
For 2016. A conjunctural allowance shall be paid to employees with their salary for June 2016 based on the table below: 2015 161.98 161.98 188.97 215.96 242.96 269.95 2014 1079.83 1079.83 1349.78 1754.72 2348.62 2645.57 2013 1214.81 1214.81 1484.76 1889.69 2483.60 2780.55 2012 1484.76 1484.76 1754.72 2159.64 2753.55 3050.51 2007-2011 2159.64 2159.64 2429.60 2753.55 3158.49 3563.43 2002-2006 2564.58 2564.58 2834.54 3158.49 3563.43 3968.35 1997-2001 2969.53 2969.53 3239.48 3563.43 3968.35 4373.29 Before 1997 3374.45 3374.45 3644.41 3968.35 4373.29 4778.21 This allowance is to be paid to employees in service as at 15 June 2016 whose employment contracts have not been revoked by the employee or terminated by the employer on the grounds of serious misconduct on this date. For part-time employees, the sum is to be paid in proportion to their working hours over a reference period extending from 1 June 2015 to 31 May 2016. Employees on maternity leave as at 15 June 2016 shall be awarded the appropriate allowance for their category. Employees on parental leave shall be awarded the appropriate allowance for their category in proportion to the time for which their employment contract has been fully effective in relation to the time it has been suspended over a reference period extending from 1 June 2015 to 31 May 2016.
For 2016 from January 1 2016 up to 31 December 2016
For 2016. 2017 each returning ▇▇▇▇'s salary shall be increased by three and one- quarter percent (3.25%). ■ A seven hundred fifty dollars ($750) adjustment will be made to the wage rate of the SH/ CSE Aide positions.
For 2016. Buyer agrees that on or prior to July 31, 2017, Two Hundred Sixty Eight Thousand Dollars ($268,000) shall be paid into the Seller 401(k) Plan by Buyer for the benefit of the Transferred Employees.