MANAGEMENT SUPERVISION. PROFESSIONAL INCENTIVE PAY Employees of this unit earning a minimum of 64 hours of education/training/licensing (documented and approved by their department head and City Manager), effective upon ratification of this MOU, shall receive two percent (2.0%) above the authorized rate of pay contained in the approved salary plan. Any future hours earned must be preapproved by the department head and City Manager. If education is used to accumulate the hours, courses must have been completed with a grade of “C” or better. One semester unit is equivalent to 15 hours; one quarter unit is equivalent to 10 hours. Employees must submit proof of training within 60 calendar days of receiving the required 64 hours of training or promotion. If the employee does so, Management Incentive Pay will begin retroactive to the date that the employee received the required 64 hours of training or promotion. If the employee fails to provide the proof of training within 60 calendar days, Management Incentive Pay will begin during the next full pay period after the employee provides proof of training to the City.
MANAGEMENT SUPERVISION. (1) Within forty-five days (45) days, the Board shall engage an independent third party to review the organization and capabilities of the Bank’s management, with emphasis on ensuring that the Bank has appropriate management in place in its Chairman of the Board, President, Chief Executive Officer, Senior Loan Officer, and Credit Administrator positions, to perform present and anticipated duties. The independent third party shall submit a written report of its assessment to the Board. The independent review shall include an assessment of the officers’ experience, other qualifications and performance compared to the position’s description, duties and responsibilities. Based on this independent assessment, the Board will determine whether management changes will be made, including the need for additions to or deletions from current management. The independent review shall begin within thirty (30) days of the executed engagement letter.
MANAGEMENT SUPERVISION a) Responsibility for managing and supervising the response shall remain with the requesting local authority.
MANAGEMENT SUPERVISION. (1) Within forty five days (45) days, the Board shall review the organization and capabilities of the Bank’s management, with emphasis on ensuring that the Bank has appropriate management in place in its President, Senior Loan Officer and Credit Administrator positions, to perform present and anticipated duties and the Board will determine whether management changes will be made, including the need for additions to or deletions from current management. The Board’s review shall include an assessment of the officers’ experience, other qualifications and performance compared to the position’s description, duties and responsibilities.
MANAGEMENT SUPERVISION. AAMS supervises the management of the accounting and financial flows, also by means of inspections carried out in the licensee’s offices and controls on accounting procedures. For such purposes the licensee is bound to providing the required information and documentation. [initialed]
