FUTURE TERM Sample Clauses
FUTURE TERM. The term of a successor agreement shall be five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 2024), the Company has entered into an agreement with the National Science Foundation to operate a research vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN ▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ - ▇▇▇▇▇▇▇ EARTH OBSERVATORY: FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President and Chief Human Resources Officer ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Vice President Atlantic Ports
(A) During each month that a Licensed Deck Officer is on active duty as a Li- censed Deck Officer, such Licensed Deck Officer will be paid Base Pay plus Sea Pay Bonus according to the Licensed Deck Officer's length of service as indicated in Appendix “A”.
(B) During each month that a Licensed Deck Officer is on vacation, the Licensed Deck Officer will be paid Vacation Bonus according to the Licensed Deck Officer's length of service as indicated in Appendix
(C) Vacation Pay will be paid to the Union Vacation Plan by the Company. The Licensed Deck Officer will apply to the Vacation Plan to receive his net Vacation Pay (note Section 25).
(D) Licensed Deck Officers will continue to be paid a daily rate of pay for each day worked. The daily rate will be calculated by multiplying the monthly ▇▇▇- ary by twelve (12) and dividing the product by three hundred sixty-four (364) days (the three hundred sixty-four (364) days is equivalent to the previous formula of dividing the product by two thousand nine twelve (2,912) hours, and multiplying the result by eight (8) hours).7
(E) The parties understand that a monthly salary is calculated for purposes of reference and benefit calculations, however, employees are paid on a daily basis as set out in D above; employees are not paid a monthly rate.
FUTURE TERM. The term of a successor agreement shall be up to five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 2024), the Company has entered into an agreement with the National Science Foundation to operate a re- search vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN ▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ - ▇▇▇▇▇▇▇ EARTH OBSERVATORY: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President and Chief Human Resources Officer FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Vice President Atlantic Ports Date Date
(A) During each month that an employee is on active duty as Master, such employee will be paid Base Pay plus Sea Pay Bonus according to the employee's length of service as indicated in Appendix “A”.
(B) Vacation Pay will be paid to the Union Vacation Plan by the Company. The em- ployee will apply to the Plan to receive his net Vacation Pay (note Section 18).
(C) A Holiday Bonus will be paid in the amount of two thousand dollars ($2,000) on January 1 and July 1 of each year of the contract to the Master. This money will not affect or be affected by any benefit plans. This is as per "Memorandum of Agreement" dated September 17, 2002.
(D) Effective March 1, 2019, Masters will be paid a daily rate of pay for each day worked. The daily rate will be calculated by multiplying the monthly salary by twelve (12), dividing the product by three hundred sixty-four (364) days. 7
(E) The parties understand that a monthly salary is calculated for purposes of refer- ence and benefit calculation, however, employees are paid on a daily basis as set out in E above; employees are not paid a monthly rate. 7 This replaces the language in Section 8, Paragraph C, of the Collective Bargaining Agreement. Effective 7/1/2019 2.50% Base Pay $7,904 $8,062 $8,223 $8,470 Sea Pay bonus $6,277 $6,403 $6,531 $6,727 Vacation Pay $4,742 $4,837 $4,934 $5,082 Vacation Pay bonus $3,766 $3,841 $3,918 $4,036 Effective 7/1/2021 2.75% Base Pay $8,121 $8,284 $8,449 $8,703 Sea Pay bonus $6,450 $6,579 $6,710 $6,911 Vacation Pay $4,872 $4,970 $5,069 $5,221 Vacation Pay bonus $3,870 $3,947 $4,026 $4,147 Effective 7/1/2022 2.75% Base Pay $8,345 $8,512 $8,682 $8,942 Sea Pay bonus $6,627 $6,760 $6,895 $7,102 Vacation Pay $5,006 $5,107 $5,209 $5,365 Vacation Pay bonus $3,976 $4,...
FUTURE TERM. The term of a successor agreement shall be up to five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 2018), the Company has entered into an agreement with the National Science Foundation to oper- ate a research vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN ▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ - ▇▇▇▇▇▇▇ EARTH OBSERVATORY: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Interim Vice President and Chief Human Resources Officer FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Vice President Atlantic Ports
(A) During each month that an employee is on active duty as Master, such employee will be paid Base Pay plus Sea Pay Bonus according to the employee's length of service as indicated in Appendix “A”.
(B) During each month that an employee is on vacation the employee will be paid Vacation Bonus according to the employee's length of service as indicated in Ap- pendix “A”.
(C) Vacation Pay will be paid to the Union Vacation Plan by the Company. The em- ployee will apply to the Plan to receive his net Vacation Pay (note Section 18).
(D) A Holiday Bonus will be paid in the amount of two thousand dollars ($2,000) on January 1 and July 1 of each year of the contract to the Master. This money will not affect or be affected by any benefit plans. This is as per "Memorandum of Agreement" dated September 17, 2002. Hired on or after 7/13/2012 Entry level 5 yr Seniority 10 yr Seniority 20 yr Seniority Effective 7/1/12 0% 2% 2% 3% Base Pay 6650 6783 6919 7126 Sea Pay bonus 5281 5387 5494 5659 Vacation Pay ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ 4276 Vacation Pay bonus 3169 3232 3297 3396 Effective 1/1/14 2.50% Base Pay 6816 6953 7092 7304 Sea Pay bonus 5413 5521 5632 5801 Vacation Pay ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Vacation Pay bonus 3248 3313 3379 3481 Effective 7/1/14 2.50% Base Pay 6987 7126 7269 7487 Sea Pay bonus 5548 5659 5773 5946 Vacation Pay 4192 4276 4361 4492 Vacation Pay bonus 3329 3396 3464 3568 Effective 7/1/15 2.50% Base Pay 7161 7305 7451 7674 Sea Pay bonus ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ 6094 Vacation Pay 4297 4383 4470 4604 Vacation Pay bonus 3413 3481 3551 3657 Effective 7/1/16 2.50% Base Pay 7340 7487 7637 7866 Sea Pay bonus 5829 5946 6065 6247 Vacation Pay ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Vacation Pay bonus 3498 3568 3639 3748 NOTE: Seniority increases are defined in Section 8. A 6.8% Ad...
FUTURE TERM. The term of a successor agreement shall be up to five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 2029), the Company has entered into an agreement with the National Science Foundation to operate a research vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK, ▇▇▇▇▇▇ - ▇▇▇▇▇▇▇ EARTH OBSERVATORY: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President and Chief Human Resources Officer FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: Captain ▇▇▇▇▇▇ ▇▇▇▇▇▇ President Captain ▇▇▇ ▇▇▇▇▇▇ Vice President Atlantic Ports
(A) During each month that an employee is on active duty as Master, such employee will be paid Base Pay according to the employee's length of service as indicated in Appendix “A”.
(B) Vacation Pay will be paid to the Union Vacation Plan by the Company. The employee will apply to the Plan to receive his net Vacation Pay (note Section 18).
(C) Effective October 1, 2024, Masters who perform their regular watch at sea or in port on a recognized holiday listed in Section 10, will be paid the overtime rate of pay in addition to holiday pay. Holiday pay is a day's straight time pay.
(D) Masters will be paid a daily rate of pay for each day worked. The daily rate will be calculated by dividing the monthly salary by thirty (30) days. For Employees hired before 07/13/2012: 15 Years longevity Monthly Base Wage Monthly Vacation Bonus Daily Base Wage Daily Vacation Bonus Daily Benefit Wage Hourly Overtime Rate Master $22,248.95 $7,221.84 $741.63 $240.73 $414.57 $139.06 20 Years longevity Monthly Base Wage Monthly Vacation Bonus Daily Base Wage Daily Vacation Bonus Daily Benefit Wage Hourly Overtime Rate Master $22,916.42 $7,438.50 $763.88 $247.95 $427.01 $143.23 25 Years longevity Monthly Base Wage Monthly Vacation Bonus Daily Base Wage Daily Vacation Bonus Daily Benefit Wage Hourly Overtime Rate Master $23,603.91 $7,661.65 $786.80 $255.39 $439.82 $147.53 30 Years longevity Monthly Base Wage Monthly Vacation Bonus Daily Base Wage Daily Vacation Bonus Daily Benefit Wage Hourly Overtime Rate Master $24,312.03 $7,891.50 $810.40 $263.05 $453.01 $151.95 For Employees hired after 07/13/2012: < 5 Years longevity Monthly Base Wage Monthly Vacation Bonus Daily Base Wage Daily Vacation Bonus Daily Benefit Wage Hourly Overtime Rate Mas...
FUTURE TERM. The term of a successor agreement shall be five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 2029), the Company has entered into an agreement with the National Science Foundation to operate a research vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK, ▇▇▇▇▇▇ - ▇▇▇▇▇▇▇ EARTH OBSERVATORY: FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Vice President and Chief Human Resources Officer Captain ▇▇▇▇▇▇ ▇▇▇▇▇▇ President Date Captain ▇▇▇ ▇▇▇▇▇▇ Vice President Atlantic Ports
(A) During each month that a Licensed Deck Officer is on active duty as a Licensed Deck Officer, such Licensed Deck Officer will be paid Base Pay Bonus according to the Licensed Deck Officer's length of service as indicated in Appendix “A”.
(B) During each month that a Licensed Deck Officer is on vacation, the Licensed Deck Officer will be paid Vacation Bonus according to the Licensed Deck Officer's length of service as indicated in Appendix
(C) Vacation Pay will be paid to the Union Vacation Plan by the Company. The Licensed Deck Officer will apply to the Vacation Plan to receive his net Vacation Pay (note Section 25).
(D) Licensed Deck Officers will be paid a daily rate of pay for each day worked. The daily rate will be calculated by dividing the monthly salary by thirty
FUTURE TERM. The term of a successor agreement shall be up to five (5) years provided that if as of the date this current Agreement would otherwise expire (June 30, 2018), the Company has entered into an agreement with the National Science Foundation to oper- ate a research vessel on and after that date, then the new Agreement shall correspond to the length of that operating agreement, not to exceed five years; upon such terms as are agreeable to the parties. FOR THE TRUSTEES OF COLUMBIA UNIVERSITY IN ▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇ - ▇▇▇▇▇▇▇ EARTH OBSERVATORY: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Interim Vice President and Chief Human Resources Officer FOR THE INTERNATIONAL ORGANIZATION OF MASTERS, MATES & PILOTS: /s/ ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Vice President Atlantic Ports
(A) During each month that an employee is on active duty as Master, such employee will be paid Base Pay plus Sea Pay Bonus according to the employee's length of service as indicated in Appendix “A”.
(B) During each month that an employee is on vacation the employee will be paid Vacation Bonus according to the employee's length of service as indicated in Ap- pendix “A”.
(C) Vacation Pay will be paid to the Union Vacation Plan by the Company. The em- ployee will apply to the Plan to receive his net Vacation Pay (note Section 18).
(D) A Holiday Bonus will be paid in the amount of two thousand dollars ($2,000) on January 1 and July 1 of each year of the contract to the Master. This money will not affect or be affected by any benefit plans. This is as per "Memorandum of Agreement" dated September 17, 2002. Hired on or after 7/13/2012 Entry level 5 yr Seniority 10 yr Seniority 20 yr Seniority Effective 7/1/12 0% 2% 2% 3% Base Pay 6650 6783 6919 7126 Sea Pay bonus 5281 5387 5494 5659 Vacation Pay ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ 4276 Vacation Pay bonus 3169 3232 3297 3396 Effective 1/1/14 2.50% Base Pay 6816 6953 7092 7304 Sea Pay bonus 5413 5521 5632 5801 Vacation Pay ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Vacation Pay bonus 3248 3313 3379 3481 Effective 7/1/14 2.50% Base Pay 6987 7126 7269 7487 Sea Pay bonus 5548 5659 5773 5946 Vacation Pay 4192 4276 4361 4492 Vacation Pay bonus 3329 3396 3464 3568 Effective 7/1/15 2.50% Base Pay 7161 7305 7451 7674 Sea Pay bonus ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ 6094 Vacation Pay 4297 4383 4470 4604 Vacation Pay bonus 3413 3481 3551 3657 Effective 7/1/16 2.50% Base Pay 7340 7487 7637 7866 Sea Pay bonus 5829 5946 6065 6247 Vacation Pay ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ Vacation Pay bonus 3498 3568 3639 3748 NOTE: Seniority increases are defined in Section 8. A 6.8% Ad...