Process for Payment of Bonuses Sample Clauses

Process for Payment of Bonuses. A. Sign on Bonus for All New Hire School Bus Drivers – A lump sum of five hundredone thousand dollars ($500.001,000) will be paid to any newly hired Entry Level School Bus Driver, or lump sum of one thousand five hundred dollars ($1,000.001,500) will be paid to any newly hired Prequalified School Bus Driver, for the Nassau County School District after fulfilling the conditions established below. Payments are retroactive for employees hired after June 30, 2021May 25, 2022.
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Process for Payment of Bonuses 

Related to Process for Payment of Bonuses

  • Progress Payments; Retainage A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the first day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below, provided that such Applications for Payment have been submitted in a timely manner and otherwise meet the requirements of the Contract. All such payments will be measured by the Schedule of Values established as provided in the General Conditions (and in the case of Unit Price Work based on the number of units completed) or, in the event there is no Schedule of Values, as provided elsewhere in the Contract.

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