Service Recognition Credit Sample Clauses

Service Recognition Credit. Teachers will accrue a service recognition credit of $1,000 each year. The accumulated credit may be cashed out at the end of the year three. No payment would be made before the end of the year three. If the employee does not remain with the District for three years, the accumulated credit would be forfeited. Teachers who defer the credit in year three and remain with the District through year five will receive a credit equivalent to $1,500.00 for each of the five years. Teachers who defer the credit in year five and remain with the District through year seven will receive a credit equivalent to $2,000 for each of the seven years.
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Service Recognition Credit. Teachers will accrue a service recognition credit of $500 each year. The accumulated credit of $1500 will be paid at the end of year three. Teachers hired during this three year negotiated agreement will start their service recognition credit from hire date for three consecutive years and paid after completing 3 years of services. Attachment A Iditarod Area School District Teacher's Salary Schedule FY 2018 @ 188 days FY17 Actual Employees EXP BA BA + 18 BA +36 BA + 54 /MA BA + 72 MA + 18 MA + 36 MA + 54 0 47,003 48,813 50,623 52,432 54,242 56,052 57,861 1 48,813 50,623 52,432 54,242 56,052 57,861 59,671 2 50,623 52,432 54,242 56,052 57,861 59,671 61,481 3 52,432 54,242 56,052 57,861 59,671 61,481 63,290 4 54,242 56,052 57,861 59,671 61,481 63,290 65,100 5 56,052 57,861 59,671 61,481 63,290 65,100 66,910 6 57,861 59,671 61,481 63,290 65,100 66,910 68,719 7 59,671 61,481 63,290 65,100 66,910 68,719 70,529 8 63,290 65,100 66,910 68,719 70,529 72,339 9 65,100 66,910 68,719 70,529 72,339 74,148 10 68,719 70,529 72,339 74,148 75,958 11 70,529 72,339 74,148 75,958 77,768 12 74,148 75,958 77,768 79,578 13 75,958 77,768 79,578 81,387 14 79,578 81,387 83,197 15 83,197 85,007 16 86,816 Attachment B Iditarod Area School District Teacher's Salary Schedule FY 2019 @ 188 days FY17 Actual Employees EXP BA BA + 18 BA +36 BA + 54 /MA BA + 72 MA + 18 MA + 36 MA + 54 0 48,507 50,375 52,243 54,110 55,978 57,845 59,713 1 50,375 52,243 54,110 55,978 57,845 59,713 61,581 2 52,243 54,110 55,978 57,845 59,713 61,581 63,448 3 54,110 55,978 57,845 59,713 61,581 63,448 65,315 4 55,978 57,845 59,713 61,581 63,448 65,315 67,184 5 57,845 59,713 61,581 63,448 65,315 67,184 69,051 6 59,713 61,581 63,448 65,315 67,184 69,051 70,918 7 61,581 63,448 65,315 67,184 69,051 70,918 72,786 8 65,315 67,184 69,051 70,918 72,786 74,653 9 67,184 69,051 70,918 72,786 74,653 76,521 10 70,918 72,786 74,653 76,521 78,389 11 72,786 74,653 76,521 78,389 80,256 12 76,521 78,389 80,256 82,124 13 78,389 80,256 82,124 83,992 14 82,124 83,992 85,859 15 85,859 87,727 16 89,594 Attachment C Iditarod Area School District Teacher's Salary Schedule FY 2020 @ 188 days FY17 Actual Employees EXP BA BA + 18 BA +36 BA + 54 /MA BA + 72 MA + 18 MA + 36 MA + 54 0 50,011 51,937 53,862 55,787 57,713 59,639 61,564 1 51,937 53,862 55,787 57,713 59,639 61,564 63,490 2 53,862 55,787 57,713 59,639 61,564 63,490 65,415 3 55,787 57,713 59,639 61,564 63,490 65,415 67,340 4 57,713 59,639 61,564 63,490 65,415 67,340 69,266 5 59,639 61,56...
Sample 1

Related to Service Recognition Credit

  • Service Recognition SpinCo shall give, or shall cause its Affiliates to give, each SpinCo Group Employee full credit for all purposes under any SpinCo Benefit Plan for such SpinCo Group Employee’s service with Parent or any member of the Parent Group prior to the Effective Time to the extent such service was recognized by the corresponding Parent Benefit Plan immediately prior to the Effective Time; provided, however, that such service shall not be recognized to the extent that such recognition would result in the duplication of benefits.

  • Service Credit With respect to benefits accruing during the CBA Term, Buyer shall recognize and apply each Transferred Employee’s prior service with Seller toward any eligibility and vesting under the Employee Benefits Plans and other compensation arrangements of Buyer and, in the case of Represented Transferred Employees, any other plans established to provide benefits described in the Generation CBA and in the case of Non- Represented Transferred Employees in Seller’s policies or plans, if any, that may become applicable to Non-Represented Transferred Employees. Buyer shall vest each Transferred Employee under the Employee Benefits Plans of Buyer to the extent such employee is vested under the Employee Benefits Plans of Seller (or its applicable Affiliates) immediately prior to the Closing, provided that all vacation, personal and sick days accrued by each Transferred Employee under the plans, policies, programs and arrangements of Seller (or its applicable Affiliates) immediately prior to the Closing shall not be a cost to Buyer, but shall be paid as provided in Section 5.8(f). Buyer shall waive all limitations with respect to preexisting conditions, exclusions based on health status and waiting periods with respect to participation and coverage requirements under Buyer’s health and welfare plans. Except as provided in this Section 5.8(d), Seller shall be solely responsible for all Liabilities including any applicable termination pay, severance pay, accrued wages or salary, accrued bonus and/or incentive pay (whether or not such bonus or incentive compensation is subject to any continued service requirement), accrued vacation and sick time, as well as any other benefits, created or owing as a consequence of the employment on or before the Closing Date of any Transferred Employee, or the cessation of any Scheduled Employee’s employment on or before the Closing Date, including

  • Service Credits Employees on pregnancy leave shall be entitled to normal accumulation of service credits for the duration of the pregnancy leave.

  • Service Level Credits If Verint does not meet the Uptime Percentage levels specified below, Customer will be entitled, upon written request, to a service level credit (“Service Level Credit”) to be calculated, with respect to the applicable Hosted Environment, as follows: • If Uptime Percentage is at least 99.95% of the month’s minutes, no Service Level Credits are provided; or • If Uptime Percentage is 99.75% to 99.94% (inclusive) of the month’s minutes, Customer will be eligible for a credit of 5% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint; or • If Uptime Percentage is 99.50% to 99.74% (inclusive) of the month’s minutes, Customer will be eligible for a credit of 7.5% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint; or • If Uptime Percentage is less than 99.50% of the month’s minutes, Customer will be eligible for a credit of 10.0% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint. Customer shall only be eligible to request Service Level Credits if Customer notifies Verint in writing within thirty (30) days from the end of the month for which Service Level Credits are due. All claims will be verified against Verint’s system records. In the event after such notification Verint determines that Service Level Credits are not due, or that different Service Level Credits are due, Verint shall notify Customer in writing on that finding. With respect to any Services Level credits due under Orders placed directly by Customer on Verint, Service Level Credits will be applied to the next invoice following Customer’s request and Verint’s confirmation of available credits; with respect to any Service Level Credits due for SaaS Services under Orders placed on Verint by a Verint authorized reseller on Customer’s behalf, Service Level Credits will be issued by such reseller following Customer’s request and Verint’s confirmation of available credits and such Services Level Credits may only be used by Customer with respect to subsequent purchases of Verint offerings through that reseller. Service Level Credits shall be Customer’s sole and exclusive remedy in the event of any failure to meet the Service Levels. Verint will only provide records of system availability in response to Customer’s good faith claims.

  • Long Service Leave All employees shall be entitled to long service leave in accordance with the relevant State Legislation. The employer will ensure that any registration necessary for the purposes of portable long service schemes will be undertaken.

  • Service Plan 2.1 The Customer shall use the following applicable Service Plan and services during the Term:

  • Interconnection Customer Compensation If the CAISO requests or directs the Interconnection Customer to provide a service pursuant to Articles 9.6.3 (Payment for Reactive Power) or 13.5.1 of this LGIA, the CAISO shall compensate the Interconnection Customer in accordance with the CAISO Tariff.

  • Product or Service Re Bundling In the event that Contractor is the Product manufacturer and publicly announces to all U.S. customers (“date of notice”) that a Product or maintenance or technical support offering is being re-bundled in a different manner from the structure or licensing model of the prior U.S. commercial offering, Contractor shall be required to: (i) notify the State and each Authorized User in writing of the intended change; (ii) continue to provide Product or withdrawn support upon the same terms and conditions as previously offered on the then-current NYS Contract for the greater of: a) the best terms offered by Contractor to any other customer, or b) not less than twelve

  • Tax Relief Services Bank will provide tax relief services as provided in Section 8.2.

  • Developer Compensation for Emergency Services If, during an Emergency State, the Developer provides services at the request or direction of the NYISO or Connecting Transmission Owner, the Developer will be compensated for such services in accordance with the NYISO Services Tariff.

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