Minima Clause Samples
The 'Minima' clause establishes a minimum threshold or baseline requirement that must be met within the context of the agreement. For example, it may specify the least amount of goods to be delivered, the minimum level of service to be provided, or the lowest acceptable performance standard. This clause ensures that parties are contractually obligated to meet at least the stated minimum, thereby protecting against underperformance and providing certainty regarding the least acceptable outcome.
Minima. Minima in rank for the five (5) years of the contract will be as follows: Professor $88,891 $91,114 $93,228 $95,428 $97,489 $97,489 Associate Professor $71,553 $73,342 $75,044 $76,815 $78,474 $78,474 Assistant Professor $51,513 $52,800 $54,025 $55,300 $56,494 $56,494 Instructor $32,195 $33,000 $33,766 $34,563 $35,310 $35,310 Lecturer $26,829 $27,500 $28,138 $28,802 $29,424 $29,424 Faculty Specialist $26,829 $27,500 $28,138 $28,802 $29,424 $29,424 *ATB – Across-the-Board salary increment, described in part C below. Values listed represent the ATB increases that were valid for each year.
Minima. Minima in rank for the three years of the contract will be as follows: Rank 2012-13 2013-14 2014-15 Professor $82,830 increase by ATB* for each year Associate Professor $66,674 “ Assistant Professor $48,000 “ Instructor $30,000 “ Lecturer $25,000 “ Faculty Specialist $25,000 “ *ATB – Across-the-Board salary increment, described in part C below.
Minima. Minimum rates for the purposes of this Article are those that are in existence as outlined in Schedule A. All piecework operators shall be paid in accordance with their piecework earnings. Those earnings will not be guaranteed to the existing time rates but will be guaranteed to the plant minimum as outlined in Schedule A-(c).
Minima. Minima in rank for the five (5) years of the contract will be as follows: Professor $88,891 $91,114 incr. by ATB* incr. by ATB* incr. by ATB* Associate Professor $71,553 $73,342 “ “ “ Assistant Professor $51,513 $52,800 “ “ “ Instructor $32,195 $33,000 “ “ “ Lecturer $26,829 $27,500 “ “ “ Faculty Specialist $26,829 $27,500 “ “ “ *ATB – Across-the-Board salary increment, described in part C below.
Minima. Manufacture of validation batches and other Launch Stock shall be in Batch sizes of not less than the minimum quantities set out in Schedule 3 of this Agreement or in multiples thereof and the total aggregate amount of validation batches or other Launch Stock in a single Confirmed Order, when taken as a whole, must utilize [***]. Manufacture of Commercial Product shall be in Batch sizes of not less than the minimum quantities set out in Schedule 1 of this Agreement or in multiples thereof and the total aggregate amount of Commercial Product in a single Confirmed Order, when taken as a whole, must utilize [***]. The Parties shall discuss and agree other minimum Batch quantities as necessary through the Supply Committee.
Minima. Minima in rank for the three (3) years of the contract will be as follows: Professor $97,489 Increase by one-half of ATB* each year Associate Professor $78,474 “ Assistant Professor $56,494 “ Instructor $46,000 “ Lecturer $46,000 “ Faculty Specialist $46,000 “ *ATB – Across-the-Board salary increment, described in part D below. Promotion Base Salary Adjustment Promotion salary adjustments for each of the three (3) years of the contract will be as follows: Professor $9,250 Associate Professor $6,250 Assistant Professor $3,750 Promotion base salary adjustments will be funded outside the basic salary package. Base Salary Adjustment for Faculty Specialists After the first five (5) consecutive years of employment of a Faculty Specialist, subject to a successful annual written performance evaluation and continued departmental or programmatic need leading to a sixth year of employment, a Faculty Specialist will receive a $2500 increase to base salary effective at the start of their sixth consecutive year of employment. Any Faculty Specialist employed for six (6) or more consecutive years as of September 1, 2022 will receive a $500 increase to base salary effective September 1, 2022. This base salary adjustments will be funded outside the basic salary package. Basic Salary Package