Common use of Longevity Bonus Clause in Contracts

Longevity Bonus. A. Upon completion of the following years of employment, Employer shall pay eligible employees an annual longevity bonus, the amounts which follow: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on anniversary date

Longevity Bonus. A. Upon completion of the following After twenty (20) years of employmentcontinuous service, Employer shall an employee will receive a longevity bonus of seven hundred dollars ($700) per year, payable in one lump sum by the second pay eligible employees an annual longevity bonus, period following the amounts which follow: After 5 through 9 years service 1.0% of annual salary on anniversary date After 10 through 14 years service 1.5% of annual salary on anniversary date After 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ years service 2.5% of annual salary on employee's anniversary date.

Longevity Bonus. A. Upon completion of the following years of employment, Employer shall pay eligible employees hired on or before January 1, 1998, an annual longevity bonus, the amounts which follow: , at the pay period which follows the anniversary date of employment. After 5 through 9 years service 1.01.5% of annual salary on anniversary date After 10 through 14 years service 1.52.0% of annual salary on anniversary date After 15 through 19 years service 2.02.5% of annual salary on anniversary date After 20+ years service 2.5service… 3.0% of annual salary on anniversary date

Longevity Bonus. A. Upon 21.1. All employees hired prior to January 1, 2014, shall, upon completion of the following years of employment, Employer shall pay eligible employees receive an annual longevity bonus, the amounts which follow, on the second (2nd) pay period of the employee’s anniversary month of employment: After 5 through 9 years service 1.0% of annual salary on anniversary date After thru 10 through 14 years service 1.5% of annual salary on anniversary date After 10 thru 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ 15 thru 20 years service 2.5% of annual salary on anniversary date21+ years service 3.0% of annual salary

Longevity Bonus. A. Upon All employees hired prior to January 1, 2014, shall, upon completion of the following years of employment, Employer shall pay eligible employees receive an annual longevity bonus, the amounts which follow, on the second (2nd) pay period of the employee’s anniversary month of employment: After 5 through 9 years service 1.0% of annual salary on anniversary date After thru 10 through 14 years service 1.5% of annual salary on anniversary date After 10 thru 15 through 19 years service 2.0% of annual salary on anniversary date After 20+ 15 thru 20 years service 2.5% of annual salary on anniversary date21+ years service 3.0% of annual salary