Rate Progression Sample Clauses

Rate Progression. A. All CSXT Engineers on the effective date of this Agreement will be increased to one hundred percent (100%) of the daily rate of pay. Those in training school will advance to one hundred percent (100%) upon certification as a locomotive Engineer. Employees who become Engineers subsequent to the effective date of this Agreement will be placed in rate progression.
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Rate Progression. Pay intervals and increases for supervisory employees shall be determined by the schedule of automatic and merit increases applied to the salary range established for each of said positions as set forth in the following manner: Step “A” is the entrance pay step. For the first six (6) months after appointment the employee shall receive the rate of pay prescribed for Step “A”. Step “B” is the second step in the pay range. After completion of the first six (6) months of service, the employee may receive the rate of pay prescribed for Step “B”. This pay increase is not automatic upon completion of service herein provided but is granted only on the recommendation of the department head and the approval of Director of Human Resources. Step “C” is the third step of the pay range. After completion of the first (1st) year of service, the employee shall receive the rate of pay prescribed in Step “C”. This pay increase is automatic upon completion of service herein provided. Step “D” is the fourth step in the pay range. After completion of the second (2nd) year of service, the employee may receive the rate of pay prescribed in Step “D”. Step “E” is the fifth step in the pay range. After completion of the third (3rd) year of service, the employee may receive the rate of pay prescribed for Step “E”.
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Rate Progression a. Pay intervals and increases shall be determined by the schedule of automatic and merit increases applied to the salary range established for each of said positions as set forth in the following manner: Step "A" is the entrance pay step. For the first six months after appointment, the employee shall receive the rate of pay prescribed for Step "A". Step "B" is the second step in the pay range. After completion of the first six months of service, the employee shall receive the rate of pay prescribed for Step "B". Step "C" is the third step in the pay range. After completion of the first year of service, the employee shall receive the rate of pay prescribed for Step "C". Step "D" is the fourth step in the pay range. After completion of the second year of service, the employee shall receive the rate of pay prescribed in Step "D". Step "E" is the fifth step in the pay range. After completion of the third year of service, the employee shall receive the rate of pay prescribed for Step "E".
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Rate Progression. Student Mechanics entering service on and after the effective date of this Agreement the rates of pay of Student Mechanics will be as follows:
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Rate Progression. Q-1: What rate of pay is applicable to employees who are promoted to conductor (xxxxxxx) and/or engineer but are working as brakemen (helpers) and/or xxxxxxx?
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Rate Progression. The minimum starting rate for each employee shall be seventy percent of the assigned the rate of which appears in the job classification and wage scale. Rates of pay for each new employee will progress as follows: After days worked in the bargaining unit from to a further six calendar months to After a further six calendar months to The starting rate for classification of electrician, millwright, motor mechanic, maintenance mechanic without Ontario license shall be the job rate. JOB CLASSIFICATION RATE SCHEDULES The wage scale for the various job classifications throughout the plant shall be as shown in the Wage Schedule of this Agreement as Appendix “A”.
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Rate Progression. The minimum starting rate for each employee shall be seventy (70%) percent of the assigned classification, the rate appears in thejob classification and wage scale. Rates of pay for each new employee will progress as follows: After days worked in the bargainingunit from to After a further six (6) calendar months worked from to After a further six (6) calendar months worked from to The starting rate for the classification of electrician, millwright, motor mechanic, maintenance mechanic without Ontario license shall be the job rate. JOB CLASSIFICATION RATE SCHEDULES The wage scale for the various job classifications throughout the plant shall be as shown in the Wage Schedule of this Agreement as Appendix "A".
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Related to Rate Progression

  • Progression For progression for all classifications under this agreement, refer to Schedules A to D.

  • Fixed Kilowatt Rate Product If Clearview Energy would like to propose a change to a fixed kilowatt rate product, you will be notified by the process described in Change of Terms. Fixed price products may change due to new or modified federal, state or local laws; or regulatory actions that impose new or modified fees. 2b. Month-to-month Variable Kilowatt Rate Product – Month-to-month variable kilowatt rate products are subject to change without notice at Clearview Energy’s discretion outside of any applicable promotion. If applicable, the Monthly Base Charge may also fluctuate outside of any applicable promotion. All pricing can be viewed at xxx.XxxxxxxxxXxxxxx.xxx.

  • Wage Progression (a) Employees within their position classification will progress from the "start rate" to the "one year rate" and so on, on the basis of eighteen hundred (1800) hours paid by the Employer at the "start rate" to the "one year rate" and so on. Hours for which the employee receives WSIB as a result of a work related injury while in the employ of the Employer shall be considered hours paid for the purposes of computing eligibility to progress to the next higher rate within their position classification.

  • Incremental Progression Three (3) Year Trained Teacher - Professional Development

  • Interest Rate Protection No later than the 90th day after the Closing Date, the Borrower shall enter into, and for a minimum of three years thereafter maintain, Hedging Agreements acceptable to the Administrative Agent that result in at least 50% of the aggregate principal amount of its funded long-term Indebtedness being effectively subject to a fixed or maximum interest rate acceptable to the Administrative Agent.

  • Interest Rate Protection Agreement As of the date hereof, Borrower has entered into, made all payments required under, and satisfied all conditions precedent to the effectiveness of, an interest rate protection agreement that satisfies all of the following conditions (such interest rate protection agreement together with (i) any extension thereof or (ii) any other interest rate protection agreement entered into pursuant to Section 2.8, being referred to herein as the “Interest Rate Protection Agreement”):

  • Interest Rate Protection Agreements (a) Within ninety days after the Closing Date, the Borrower shall enter into and thereafter maintain interest rate protection agreements (protecting against fluctuations in interest rates) having a term of at least three years from the Closing Date, establishing a fixed or maximum interest rate of 10.5% per annum for an aggregate notional amount equal to at least 50% of the aggregate principal amount of all Term Loans then outstanding.

  • Contract Goals A. For purposes of this procurement, OGS conducted a comprehensive search and determined that the Contract does not offer sufficient opportunities to set goals for participation by MWBEs as subcontractors, service providers, or suppliers to Contractor. Contractor is, however, encouraged to make every good faith effort to promote and assist the participation of MWBEs on this Contract for the provision of services and materials. The directory of New York State Certified MWBEs can be viewed at: xxxxx://xx.xxxxxxxxxxxxxx.xxx/FrontEnd/VendorSearchPublic.asp?TN=ny&XID=2528. Additionally, following Contract execution, Contractor is encouraged to contact the Division of Minority and Women’s Business Development ((000) 000-0000; (000) 000-0000; or (000) 000-0000) to discuss additional methods of maximizing participation by MWBEs on the Contract.

  • Interest Rates; Benchmark Notification The interest rate on a Loan denominated in dollars may be derived from an interest rate benchmark that may be discontinued or is, or may in the future become, the subject of regulatory reform. Upon the occurrence of a Benchmark Transition Event, Section 2.14(b) provides a mechanism for determining an alternative rate of interest. The Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission, performance or any other matter related to any interest rate used in this Agreement, or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate will be similar to, or produce the same value or economic equivalence of, the existing interest rate being replaced or have the same volume or liquidity as did any existing interest rate prior to its discontinuance or unavailability. The Administrative Agent and its affiliates and/or other related entities may engage in transactions that affect the calculation of any interest rate used in this Agreement or any alternative, successor or alternative rate (including any Benchmark Replacement) and/or any relevant adjustments thereto, in each case, in a manner adverse to the Borrower. The Administrative Agent may select information sources or services in its reasonable discretion to ascertain any interest rate used in this Agreement, any component thereof, or rates referenced in the definition thereof, in each case pursuant to the terms of this Agreement, and shall have no liability to the Borrower, any Lender or any other person or entity for damages of any kind, including direct or indirect, special, punitive, incidental or consequential damages, costs, losses or expenses (whether in tort, contract or otherwise and whether at law or in equity), for any error or calculation of any such rate (or component thereof) provided by any such information source or service.

  • Salary Progression 1. For the purposes of determining annual progression from one step to the next, each teacher’s performance will be assessed annually against the appropriate professional standards.

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