Stipend Compensation Sample Clauses
The Stipend Compensation clause defines the terms under which a fixed or periodic payment is provided to an individual, typically for services rendered or participation in a program. This clause outlines the amount, frequency, and conditions of stipend payments, such as monthly disbursements to interns or trainees regardless of hours worked. Its core function is to ensure clear expectations regarding compensation, preventing misunderstandings about payment structure and obligations.
Stipend Compensation. A one-time stipend will be made to Maintenance employees that are actively employed by East ▇▇▇▇▇ County Schools on December 9, 2014. The total amount of the stipend shall be $500. The payment shall be made through EACS’s payroll systems and be considered taxable wages.
Stipend Compensation. Hospital shall pay to Contractor an amount equal to One Thousand Five Hundred Three Dollars ($1,503) per Shift for Coverage Services and Professional Services provided to Patients by Group Physicians pursuant to this Agreement. For purposes of this Agreement, a “Shift” shall mean a twenty-four (24) hour period.
Stipend Compensation. A one-time stipend shall be made to Custodian employees that are actively employed by East ▇▇▇▇▇ County Schools on December 9, 2014. The total amount of the stipend shall be $500 for custodian employees employed by EACS on January 1, 2014 and $300 for custodian employees hired after January 1, 2014. The amount is prior to taxes being taken/applied. The payment shall be made through EACS’s payroll system and be considered taxable wages. EACS will also consider stipends in 2015 and 2016 for the Custodian group if EACS provides a stipend payment to other EACS employee groups and the same compensation conditions apply (i.e. percent increase, stipend amount).
Stipend Compensation. A one-time stipend shall be made to Bus Drivers that are actively employed by East ▇▇▇▇▇ County Schools on July 1, 2016. The amount of the stipend shall be $300 for drivers whose hire date is prior to June 30, 2015 and $200 to drivers that were hired after June 30, 2015. The amounts of $300 and $200 are prior to taxes being taken/applied. The payment shall be made through EACS’s payroll system and be considered taxable wages. This stipend (i.e. compensation) is in lieu of an increase in hourly rates for calendar year 2016. The stipend shall occur in July 2016.