Salary Guarantee. All salaries payable to the Executive under the Agreement will be guaranteed (the "Guaranteed Payments") as of the effective date of the Agreement for the full Employment Term of the Agreement except for terminations for violations found in Section 7(b) (c) (d) or (e) hereof.
Salary Guarantee a. A salary level can only be reduced if the employee’s job performance warrants it. If the employer is considering such a reduction, the employee will be informed in writing. The employee will be given the opportunity to improve his/her performance over a period of at least six months. Two months before the expiration of this period, the employer will issue a final warning before proceeding with the salary reduction.
Salary Guarantee. At no time will any principal be paid less than the highest member of the Waverly Education Association (Step 11 MA+45 …currently $81,922.00).
Salary Guarantee. All salaries payable to the Executive under the Agreement will be guaranteed ("the Guaranteed Payments") as of the execution date of the Agreement for the full Employment Term of the Agreement plus three (3) years following the date of termination except for terminations for violations found in Section 7(b) (ii) and (iii) relating to acts of fraud or dishonesty for personal enrichment, or conviction of any felony or material tort which is detrimental to the Company.
Salary Guarantee. Where an employee’s salary at the time of signing this agreement is greater than that set out in the schedule in 6 of this agreement, their salary will be maintained and increases applied annually in accordance with section 3.5 taking into account market rates for the position and position in the grade.
Salary Guarantee a. For those STs who sign a written commitment for a four (4) month period to take one (1) extra shift each month during that period, the Hospital will guarantee 80% of those employees’ position each month. Open shifts will be designated by the Hospital during the normal scheduling process, and the employees must sign up on or before the 18th of the preceding month. Shifts will be granted on a first come, first served basis. The extra shift will count towards the guarantee, if worked. (Example: A person who is normally scheduled for 12 shifts in a month or 96 hours is guaranteed to be paid for 76.8 hours or 80% of 96. After signing up for an additional 8 hours, the person now has 104 hours scheduled. The Hospital guarantees that the employee will be paid for at least 76.8 of those hours if the employee works or is available to work.)
Salary Guarantee. Notwithstanding Paragraph 3(a), above, in the event Company terminates this Agreement for any reason other than just cause, Company shall continue to pay Miglxxx'x xxxary and provide Miglxxx'x xxxefits for a period of one (1) year following the date of termination. Just cause for the purposes of this Agreement shall be defined as any of the following: (i) failure of Miglxxx xx perform competently any duty assigned to him which nonperformance rises to the level of the industry standard for just cause termination, (ii) failure of Miglxxx xx perform any provision under this Agreement, or (iii) Miglxxx'x xxxhonesty or fraud. Company may not terminate this Agreement for just cause under Paragraph 3(d)(i) or 3(d)(ii) without having provided Miglxxx xxxh written notice of such cause and a period of sixty (60) days to take corrective action.
Salary Guarantee. Notwithstanding Paragraph 3(a), above, in the event Company terminates this Agreement for any reason other than just cause, Company shall continue to pay Thibaudeau's salary and provide Thibaudeau's benefits for a period of one (1) year following the date of termination. Just cause for the purposes of this Agreement shall be defined as any of the following (i) failure of Thibaudeau to perform competently any duty assigned to him which nonperformance rises, to the level of the industry standard for just cause termination, (ii) failure of Thibaudeau to perform any provision under this Agreement, or (iii) Thibaudeau's dishonesty or fraud. Company may not terminate this Agreement for just cause under Paragraph 3(d)(i) or 3(d)(ii) without having provided Thibaudeau with written notice of such cause and a period of sixty (60) days to take corrective action. This salary guarantee shall also be personally guaranteed by Ronaxx Xxxxxx Xxx.
Salary Guarantee. Regardless of the length of the Executive's employment by the Company, the Company agrees to pay the Executive at least $380,000 as salary, so long as the Executive's employment is not terminated for Cause and the Executive does not resign without Good Reason. Such guaranteed salary payments are in addition to, and not in lieu of, any payments to which the Executive may become entitled in accordance with Section 7.
Salary Guarantee. Notwithstanding Paragraph 3(a), above, in the event Company terminates this Agreement for any reason other than just cause, Company shall continue to pay Fabry's salary and provide Fabry's benefits for a period of one (1) year following the date of termination. Just cause for the purposes of this Agreement shall be defined as any of the following (i) failure of Fabry to perform competently any duty assigned to him which nonperformance rises, to the level of the industry standard for just cause termination, (ii) failure of Fabry to perform any provision under this Agreement, or (iii) Fabry's dishonesty or fraud. Company may not terminate this Agreement for just cause under Paragraph 3(d)(i) or 3(d)(ii) without having provided Fabry with written notice of such cause and a period of sixty (60) days to take corrective action. This salary guarantee shall also be personally guaranteed by Ronaxx Xxxxxx Pol.
