STATE ENTITLEMENTS Sample Clauses

STATE ENTITLEMENTS. The parties acknowledge and agree that under the current system of State of Illinois School Entitlement payments, the School Districts do not necessarily lose the full amount of real estate taxes generated by its levy and extended against the incremental real estate increase. Further, the parties agree that the actual real estate taxes lost to the School Districts are subject to several factors in part beyond the control of the parties and include: (1) the School Districts' operating tax rate; (2) the annual statutory State Entitlement; and (3) other relevant tax limits and formulas. The parties acknowledge that the entire method of funding common schools may be altered to lessen or increase the dependency of school funding on real property taxation and that the entire method of funding common schools may be altered to lessen or increase the dependency of school funding on real property taxation. If the methodology of calculating the annual statutory state entitlement is altered in any way after the date of this Agreement that reduces the amount of state entitlement funds the School District is to receive, then reimbursement calculations under this Agreement shall be adjusted to the extent necessary to ensure that the School District can receive additional reimbursement equal to the amount of statutory state entitlement so lost.
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Related to STATE ENTITLEMENTS

  • No Entitlements (1) Neither the Plan nor the Award Agreement confers on the Participant any right or entitlement to receive compensation, including, without limitation, any base salary or incentive compensation, in any specific amount for any future fiscal year (including, without limitation, any grants of future Awards under the Plan) nor impacts in any way the Company Group’s determination of the amount, if any, of the Participant’s base salary or incentive compensation. This Award of PSUs made under this Award Agreement is completely independent of any other Awards or grants and is made at the sole discretion of the Company. The PSUs do not constitute salary, wages, regular compensation, recurrent compensation, pensionable compensation or contractual compensation for the year of grant or any prior or later years and shall not be included in, nor have any effect on or be deemed earned in any respect, in connection with the determination of employment-related rights or benefits under law or any employee benefit plan or similar arrangement provided by the Company Group (including, without limitation, severance, termination of employment and pension benefits), unless otherwise specifically provided for under the terms of such plan or arrangement or by the Company Group. The benefits provided pursuant to the PSUs are in no way secured, guaranteed or warranted by the Company Group.

  • Leave Entitlements (a) A sessional practitioner shall be entitled to pro rata leave entitlements in the same ratio as the number of sessions allocated bears to 10. If during any qualifying period the number of sessions allocated to a sessional practitioner varies, the number shall be averaged over the qualifying period.

  • Other Entitlements In addition to being paid their ordinary pay:

  • Holiday Entitlement Only regular employees who are not on a "leave of absence" and who:

  • Entitlements Every employee

  • Basic entitlement (a) After twelve months continuous service, parents are entitled to a combined total of 52 weeks unpaid parental leave on a shared basis in relation to the birth or adoption of their child. For females, maternity leave may be taken and for males, paternity leave may be taken. Adoption leave may be taken in the case of adoption.

  • Overtime Entitlement (a) An employee will be entitled to compensation for authorized overtime in excess of:

  • Leave Entitlement An eligible employee is entitled to take up to a total of twelve (12) 41 work weeks of FMLA leave in a 12-month period, to be measured backwards from the 42 commencement date the employee uses FMLA leave. An eligible employee taking leave 43 under Article 12.02(10)(b) shall be permitted to take up to 26 work weeks of leave in a 44 12-month period.

  • Access to Other Leave Entitlements F19.20 An employee on grandparental leave may access annual leave, purchased leave or long service leave.

  • Vacation Entitlements In case of discharge or resignation, the employee shall receive all vacation entitlements and salary due to the date of termination, except as provided in Articles 33.05 and 33.07.

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