Service Increment Dates Sample Clauses
The 'Service Increment Dates' clause defines the specific dates on which service levels, fees, or deliverables are scheduled to increase or change during the term of an agreement. Typically, this clause outlines a timeline or schedule, such as annual or milestone-based increments, and may specify the percentage or amount of each increase. By clearly establishing when and how service increments occur, this clause ensures both parties are aware of future changes, helping to prevent disputes and allowing for better financial and operational planning.
Service Increment Dates. The increment date of each employee is the date of employment unless the originally assigned increment date has been reassigned under these regulations. The effective date of any pay changes resulting from approved service increment awards is the first day of the pay period in which the employee becomes eligible for the awards.