Intervals Between Appraisals Sample Clauses
The "Intervals Between Appraisals" clause defines how often property appraisals must be conducted during the term of an agreement. Typically, this clause specifies a set period—such as annually or every few years—at which the property’s value will be reassessed, ensuring that all parties have up-to-date information on its worth. By establishing a regular schedule for appraisals, this clause helps maintain transparency and fairness in transactions that depend on current property values, such as rent adjustments or buyout calculations.
Intervals Between Appraisals. Employees shall receive written performance appraisals at six (6) month intervals according to their entry-on-duty date. There will be a mid-year appraisal and an end-of-year appraisal, which will include a performance rating. Performance ratings are as follows:
1. Outstanding
2. Satisfactory
3. Unsatisfactory
Intervals Between Appraisals. Employees shall receive written performance appraisals at six (6) month intervals according to their entry-on-duty date.
1. Employees with an EOD date between January 1 and June 30, the PEP Cycle begins January 1.
2. Employees with an EOD date between July 1 and December 31, the PEP Cycle begins July 1.