TABLE OF SALARY INCREASES Sample Clauses

TABLE OF SALARY INCREASES. Date of Current Increase commencement New salary Signed salary of new salary SCHEDULE 2
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TABLE OF SALARY INCREASES. Classification Current Annualised Salary 1st October 2007 4% adjustment 1st October 2008 4% adjustment 1st October 2009 4% adjustment Mechanical Technician $84,619.34 $88,004.11 $91,524.27 $95,185.24 Electrical Technician $84,619.34 $88,004.11 $91,524.27 $95,185.24 Appendix 3. FIT FOR LIFE The Company and employees are committed to a healthy work environment. One which promotes physical well-being and an educative process aimed at improving the quality of life and safety of employees. At the same time recognising the standards of behaviour necessary to continue operating an efficient site. The parties to this agreement will collectively address specific areas in order to achieve the main purpose of this clause by developing agreed policies in the following areas : • Alcohol and Drug Dependency – the company will make every endeavour to assist employees identified as being dependent regular users. It is the intention to provide counselling, education forums and literature. Site policies will be developed and introduced to discourage any use of, or transactions between employees whilst on site. These policies may contain reference to infrequent random alcohol and drug testing and strict site disciplinary procedures. • Physical Health – education will be provided about achieving a healthier lifestyle and employees should be encouraged to participate in regular physical activity outside normal working hours. • General nutritional information will be provided on a regular basis to assist employees and their families to have a balanced diet. • Handling emotional stress and mental health issues – information will be available to employees who, for varying reasons, are finding it difficult to cope with the demands of society, or who may need emotional support and assistance for other reasons. • The safety, security and well-being of employees will not be compromised in relation to the matters outlined above. • The Company will provide available research data regarding shiftwork and the possible effect on employees.

Related to TABLE OF SALARY INCREASES

  • Salary Increases During the period of employment as provided in Paragraph 1(b) hereof, the base salary of the Executive shall be reviewed no less frequently than annually by the Board or the Compensation Committee of the Board to determine whether or not the same should be increased in light of the duties and responsibilities of the Executive and the performance thereof, and if it is determined that an increase is merited, such increase shall be promptly put into effect and the base salary of the Executive as so increased shall constitute the base salary of the Executive for purposes of Paragraph 3(a).

  • Annual Salary Executive's compensation shall consist of an annual base salary (the "Annual Salary") of one hundred fifty thousand dollars ($150,000), before all customary payroll deductions. The Annual Salary shall be reviewed, and shall be subject to change, by the Board of Directors of Employer (or the Compensation Committee thereof) at least annually while Executive is employed hereunder.

  • Changes to Compensation Notwithstanding anything contained herein to the contrary, Employee acknowledges that the Company specifically reserves the right to make changes to Employee’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and a modification of this Agreement unless, within seven (7) days after receiving notice of such change, Employee exercises his right to terminate this Agreement without cause or for “Good Reason” as provided below in Paragraph No. 11. The Parties anticipate that Employee’s compensation structure will be reviewed on an annual basis but acknowledge that the Company shall have no obligation to do so.

  • Trustee Compensation The Trustees as such shall be entitled to reasonable compensation from the Trust. They may fix the amount of their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, administrative, legal, accounting, investment banking, underwriting, brokerage, or investment dealer or other services and the payment for the same by the Trust.

  • Payment of Salary Executive acknowledges and represents that the Company has paid all salary, wages, bonuses, accrued vacation, commissions and any and all other benefits due to Executive.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Basic Salary (a) During the Employment the Company shall pay the Executive a Basic Salary of not less than £415,000 per annum. The Basic Salary shall accrue from day to day and be payable by credit transfer in equal monthly instalments in arrears on or around the 25th day of each calendar month or otherwise as arranged from time to time.

  • 1Base Salary During the Period of Employment, the Company shall pay the Executive a base salary (the “Base Salary”), which shall be paid biweekly or in such other installments as shall be consistent with the Company’s regular payroll practices in effect from time to time. The Executive’s Base Salary shall be at an annualized rate of Seven Hundred Thousand dollars ($700,000.00). The Compensation Committee of the Board (the “Compensation Committee”) will review the Executive’s rate of Base Salary on an annual basis and may, in its sole discretion, increase (but not decrease) the rate then in effect.

  • Salary No salary will be paid to a Member for the performance of his or her duties under this Agreement unless the salary has been approved in writing by a Majority of the Members.

  • Benefit Increases Benefit payments may be increased as provided in Section 2.1.3.

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