Salary and Reopener Sample Clauses

Salary and Reopener. The parties agree to a one-time, off-schedule bonus equal to 3% of the gross base pay (excluding overtime) of each bargaining unit employee from July 1, 2012 to June 30, 2013. Effective July 1, 2013, all salary rates of all bargaining unit employees shall be increased by 5.4% The parties agree to reopen negotiations in 2013-2014, 2014-2015, and 2015-2016 as provided by Article 21 to establish salaries, fringe benefits, and articles of mutual agreement. The Union shall submit its salary proposal and other proposals to the Board of Education at the first regular Board meeting in accordance with the procedures established in Article 20.
Sample 1
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Salary and Reopener. The parties agree that Torrance Unified School District shall provide all SEIU 99 unit members in paid status during March 2022 with an off- schedule payment of $1,000.00; payable not later than July 31, 2022 (due to the amount of payroll work needed to process retroactive pay increases as described below so as to avoid potential CalPERS penalties). The $1,000.00 amount is for paid status of 1.0 full-time equivalent or greater; less than a 1.0 assignment will have the $1,000.00 bonus reduced in proportion to the work assignment (e.g. an 80% FTE assignment would receive $800.00). The parties agree that this provision settles all negotiations for the 2019-20 bargaining cycle. The Torrance Unified School District shall increase the salary schedule by 2.0% effective July 1, 2021. The parties agree that this provision settles all negotiations for the 2020-21 bargaining cycle. The Torrance Unified School District shall increase the salary schedule by 3.0% effective July 1, 2021 to settle all negotiations for the 2021-22 bargaining cycle. (This amounts to a total increase of 5% to salaries of SEIU members effective July 1, 2021 ). The Torrance Unified School District shall increase the salary schedule by 3.0% effective July 1, 2022. The parties agree that this provision settles all negotiations for the 2022-23 bargaining cycle. The “entire agreement” referred to above includes a Memorandum of Understanding between TUSD and SEIU 99 regarding security cameras on busses, which is currently needing a response from SEIU 99 to the prior TUSD proposal (copied below).
Sample 1

Related to Salary and Reopener

  • Salary and Wages Except in the case of a Permitted Termination or Furlough, the Recipient shall not, between the date of this Agreement and March 31, 2021, reduce, without the Employee’s consent, (A) the pay rate of any Employee earning a Salary, or (B) the pay rate of any Employee earning Wages.

  • Salary and Fringe Benefits The employee shall be paid a salary which is the pro- rata share of the salary which the employee would have earned had he or she not elected to exercise the option of reduced workload. The employee shall retain all other rights and benefits enjoyed by full-time members of the unit.

  • Salary and Bonus ii. Awards of stock, stock options, and stock appreciation rights. Use the dollar amount recognized for financial statement reporting purposes with respect to the fiscal year in accordance with the Statement of Financial Accounting Standards No. 123 (Revised 2004) (FAS 123R), Shared Based Payments.

  • Base Salary and Bonus As compensation for the Executive's services under this Agreement, the Executive shall receive and the Company shall pay a weekly base salary set forth on Exhibit A. Such base salary may be increased but not decreased during the Term or Renewal Period in the Company's discretion based upon the Executive's performance and any other factors the Company deems relevant. Such base salary shall be payable in accordance with the policy then prevailing for the Company's executives. In addition to such base salary, the Executive shall be entitled during the Term or Renewal Period to a performance bonus set forth on Exhibit A and to participate in and receive payments from, at the Company's election, other bonus and other incentive compensation plans, if any, as may be adopted by the Company.

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Accrued Salary and Vacation On the Separation Date, the Company will pay you all accrued salary and all accrued and unused vacation earned through the Separation Date, subject to standard payroll deductions and withholdings. You will receive these payments regardless of whether or not you sign this Agreement.

  • Salary and Benefits During the term of this Agreement:

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Salary No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

  • Base Salary and Benefits a. During the Employment Period, Executive's base salary shall be $180,000 per annum (the "Base Salary"), which salary shall be payable in regular installments in accordance with the Company's general payroll practices, including those related to withholding for taxes, insurance and similar items. Executive's Base Salary shall be increased on January 1 of each calendar year, commencing January 1, 1998, by the Adjustment Percentage (as defined below) of the Base Salary applicable to the previous fiscal year. As used herein, "

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