INCREMENTAL ADJUSTMENTS Sample Clauses

INCREMENTAL ADJUSTMENTS. 1. Employees will progress to their appropriate incremental level based upon Service Review Date (the length of service within their current salary band) and based upon performance as follows: Level 1 – entry level Level 2 – upon the completion of 6 months Level 3 – upon the completion of 12 months Level 4 – upon the completion of 24 months Level 5 – upon the completion of 36 months Level 6 – upon the completion of 48 months Level 7 – upon the completion of 60 months 2. New employees will normally enter at Level 1. In exceptional cases, a request may be made by the hiring department to the Associate Vice-President (Human Resources) or designate, for a new employee to enter at Level 2 or 3. Any such exceptions will normally be based upon prior experience. Notwithstanding the above, in unusual circumstances a new employee may be hired above Level 3. 3. Adjustments to Level 2 will be made upon the successful completion of the probationary period of new employees entering at Level 1. For new employees entering above Level 1, the normal probationary increase will not apply. If an employee enters at a level greater than 1, progression to subsequent levels will be on the completion of each twelve (12) months of service. 4. An employee will normally be awarded one (1) incremental increase on their Service Review Date. In exceptional cases of superior performance an employee may be awarded two (2) incremental increases on their Service Review Date subject to the approval of the Associate Vice-President (Human Resources) or Designate. 5. Adjustments made by the University under the provisions of Number B.2, Number B.3, and Number B.4 above shall be at the sole discretion of the University and shall not be subject to the grievance procedure. 6. Adjustments beyond Level 2 may be withheld on the basis of performance. In such cases, the Associate Vice-President (Human Resources) or designate must be satisfied as to the validity of reasons for withholding adjustments and the employee concerned must be informed in writing as to why the increase is withheld and the improvements in performance that are expected. Grievances arising out of this Article will be subject to the normal grievance procedure. 7. Level 7 will be the job rate to be reached normally at the completion of sixty (60) months within the salary band. It is understood that the provisions of Schedule A also apply to progression of employees to Step 7 (i.e. with respect to the awarding and withholding of increm...
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INCREMENTAL ADJUSTMENTS. Effective the date of ratification of this Agreement all employees covered under this Agreement will be placed on the wage grid based on their date of hire as a Library Interim employee and then progress through the wage grid.
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INCREMENTAL ADJUSTMENTS. 1) Temporary full-time employees who are rehired in their former classification shall have previous service considered, provided their re-engagement is less than six (6) months after their last termination. 2) Employees will progress to their appropriate incremental level upon completion of the required months of service. 3) Incremental adjustments may be withheld on the basis of performance and subject to approval by the Manager, Employee Relations or designate. 4) In cases of voluntary demotion, the employee will maintain his/her current salary unless this does not put the employee on a defined level, in which case the salary will be moved to the next higher level. Notwithstanding this, the employee shall not enter the new range at higher than level 5. 5) In cases of disciplinary demotion, reduction in strength or reclassification to a lower level by the University, the employee will retain his or her current salary until it falls within the new range. 6) In cases of promotion, the employee will enter at no less than level 2 of the new range and/or no higher than five percent (5%) above the employee's previous wage unless this does not put the employee on a defined level, in which case the salary will be moved to the next higher level.
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INCREMENTAL ADJUSTMENTS a) Regular Full-Time, Temporary Full-Time and Continuing Limited-Term Members will progress to their appropriate incremental level based upon Service Review Date (the length of service within their current wage band) and based upon performance as follows: ▇▇▇▇▇ ▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇ Upon completion of 6 months or the completion of probationary period Level 3 Upon the completion of 12 months Level 4 Upon the completion of 24 months Level 5 Upon the completion of 36 months Level 6 Upon the completion of 48 months Level 7 Upon the completion of 60 months b) Part-Time Members will progress to their appropriate incremental level based on actual hours worked and based upon performance in accordance with the table above. For clarity, a period of twelve (12) months for the purpose of Part-Time Members shall be defined as having completed one-thousand eight-hundred and twenty (1820) working hours, and so on.
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INCREMENTAL ADJUSTMENTS. The adjustments to the royalties set forth in Sections 6.6.2 through 6.6.4 shall be incremental and not in lieu of any such adjustment.
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INCREMENTAL ADJUSTMENTS. Members will progress to their appropriate incremental level based upon Service Review Date (the length of service within their current wage band) and based upon performance as follows: Level 1 – entry level Level 2 – upon the completion of 6 months or the completion of probationary period Level 3 – upon the completion of 12 months Level 4 – upon the completion of 24 months Level 5 – upon the completion of 36 months Level 6 – upon the completion of 48 months Level 7 – upon the completion of 60 months
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INCREMENTAL ADJUSTMENTS. Effective the date of ratification of this agreement, all employees covered under this agreement will be placed on the wage grid based on their date of hire as a part-time food service worker and then progress through the grid as outlined in sections 2, 3, 4 and 5 below.
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INCREMENTAL ADJUSTMENTS. 1. Employees will progress to their appropriate incremental level based upon their Service Review Date (the length of service within their current salary band) and based upon performance as follows: ▇▇▇▇▇ ▇ - ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇ ▇ - upon the completion of 6 months Level 3 - upon the completion of 12 months Level 4 - upon the completion of 24 months Level 5 - upon the completion of 36 months 2. New employees will normally enter at Level 1. In exceptional cases, a request may be made by the hiring department to the Assistant Vice- President, Human Resources or designate, for a new employee to enter at Level 2 or 3. Any such exceptions will normally be based upon prior experience. Notwithstanding the above, in unusual circumstances a new employee may be hired above Level 3.
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INCREMENTAL ADJUSTMENTS. Members will progress to their appropriate incremental level based upon Service Review Date (the length of service within their current wage band) and based upon performance as follows: Level 1 – entry level Level 2 – upon the completion of 6 months or the completion of probationary period Level 3 – upon the completion of 12 months Level 4 – upon the completion of 24 months Level 5 – upon the completion of 36 months Level 6 – upon the completion of 48 months Level 7 – upon the completion of 60 months
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Related to INCREMENTAL ADJUSTMENTS

  • Capital Adjustments (a) The existence of the Option shall not affect in any way the right or power of the Corporation or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Corporation's capital structure or the Corporation’s business, or any merger or consolidation of the Corporation or any issue of bonds, debentures, preferred stock having a preference to or affecting the Corporation’s capital stock or the rights thereof, or the issuance of any securities convertible into any such capital stock or of any rights, options, or warrants to purchase any such capital stock, or the dissolution or liquidation of the Corporation, any sale or transfer of all or any part of the Corporation’s assets or business, or any other act or proceeding of the Corporation, whether of a similar character or otherwise. (b) The securities with respect to which the Option is granted are shares of the $.001 par value common stock of the Corporation as presently constituted, but if and whenever, prior to the delivery by the Corporation of all the shares of the $.001 par value common stock with respect to which the Option is granted, the Corporation shall effect a subdivision or consolidation of shares or other capital readjustment, the payment of a stock dividend, or other increase or reduction of the number of shares of such common stock issued and outstanding without receiving compensation therefore in money, services, or property, the number of shares of such common stock then remaining subject to the Option shall (a) in the event of an increase in the number of outstanding shares of such common stock, be proportionately increased, and the cash consideration payable per share of such common stock shall be proportionately reduced; and (b) in the event of a reduction in the number of outstanding shares of such common stock, be proportionately reduced, and the cash consideration payable per share of such common stock shall be proportionately increased.

  • RENTAL ADJUSTMENT Landlord and Tenant acknowledge that the Leased Premises were conveyed by Tenant to Landlord pursuant to that certain Agreement of Sale and Purchase dated November 17, 2005 (the “Leased Premises Purchase Agreement”), and, as a condition to closing thereunder, leased back to Tenant pursuant to this Lease. Concurrently with the Leased Premises Purchase Agreement, EPT Crotched Mountain and SNH entered into that certain Agreement of Sale and Purchase (the “Crotched Mountain Agreement”), pursuant to which EPT Crotched Mountain agreed, among other things, as follows: (i) SNH would use its best efforts to obtain various consents from third parties for an assignment of the ground lease therein described from SNH to EPT Crotched Mountain (the “Required Consents”) and (ii) if SNH failed to obtain the Required Consents within 90 days from the closing of the Mad River Mountain Agreement then (a) EPT Crotched Mountain would make a loan to SNH in the amount of the purchase price as set forth in the Crotched Mountain Agreement and (b) the rent payable by Tenant under this Lease would automatically be increased retroactively as hereinafter set forth and described. Landlord and Tenant hereby agree that in the event the Required Consents are not obtained as set forth above, then effective retroactively as of the Commencement Date, “Annual Fixed Rent” shall be equal to the following: (i) From the Commencement Date to the end of the 1st Lease Year, an amount, per annum, equal to $1,017,500.00. (ii) During each subsequent Lease Year the Annual Fixed Rent shall increase by an amount equal to the lesser of (a) 1.5% multiplied by the Annual Fixed Rent for the previous Lease Year or (b) the percentage increase in the CPI between the CPI in effect during the first month of the Lease Year immediately preceding the then applicable Lease Year and the first month of the then applicable Lease Year. In the event the Required Consents are not obtained prior to the closing of the Crotched Mountain Agreement, then the Annual Fixed Rent, as adjusted by this Section, shall apply retroactively as of the Commencement Date, and shall be effective without further action on the part of either Landlord or Tenant. Notwithstanding the preceding sentence, if the Required Consents are not obtained prior to the closing of the Crotched Mountain Agreement, then, at the closing of the Crotched Mountain Agreement, and upon Landlord’s request, then Tenant shall, at the closing of the Leased Premises Purchase Agreement, execute and deliver to Landlord a written certificate in form satisfactory to Landlord specifying that the Annual Fixed Rent has been adjusted pursuant to the terms of this Section. Upon the rental adjustment as herein provided, Tenant shall promptly pay to Landlord an amount equal to the difference between all Annual Fixed Rent paid up until the Rental Adjustment Date and the amount of fixed rent payable from the Commencement Date to the Rental Adjustment Date, as adjusted by this Section.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range: i) all continuous service shall be retained and transferred with the employee if she/he changes her/his status from full-time to part- time and vice versa. ii) a part-time employee who changes status to full-time will be given credit on the basis of fifteen hundred (1500) paid hours of part- time being equivalent to one (1) year of full-time service and vice versa. iii) in addition, an employee who is so transferred will be given credit for paid hours accumulated since the date of last advancement. (b) Annual increments for full-time employees shall be paid on their anniversary date. (c) Annual increments for part-time employees shall be paid on the completion of each fifteen hundred (1500) hours worked.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.