TICKET BONUS Clause Samples

TICKET BONUS. 41.01 (a) Those employees who, on December 31, 1998, were being paid a ticket bonus, under provisions of the 1997- 1998 collective agreement, will continue to be paid the ticket bonus. (b) An employee’s entitlement to a ticket bonus under paragraph (a) ends when the employee: (i) leaves the employ of the Company (ii) moves from the Job the employee was in on December 31, 1998 to a Job where a ticket bonus was not payable as of that date (iii) ceases to hold a valid ticket or (iv) if a steam plant operator progresses or is promoted to a position where a ticket bonus would not have been payable on December 31, 1998. (c) Where an employee was receiving two ticket bonus payments on December 31, 1998, each ticket will be dealt with separately for the purpose of determining continued eligibility under paragraph (b).
TICKET BONUS. 41.01 (a) Those employees who, on December 31, 1998, were being paid a ticket bonus under provisions of the 1997-1998 collective agreement will continue to be paid the ticket bonus. (b) employee (i) leaves the employ of the Company
TICKET BONUS. 38.01 (a) Those employees who, on December 31, 1998, were being paid a ticket bonus under provisions of the 1997- 1998 collective agreement will continue to be paid the ticket bonus. (b) An employee’s entitlement to a ticket bonus under paragraph (a) ends when the employee: (i) moves from the Job the employee was in on December 31, 1998 to a Job where a ticket bonus was not payable as of that date (ii) ceases to hold a valid ticket. (c) Where an employee was receiving two ticket bonus payments on December 31, 1998, each ticket will be dealt with separately for the purpose of determining continued eligibility under Clause 38.01(b).
TICKET BONUS a) Each additional valid Journey ticket or approved course/certificate over and above that which is required for their job classification, to a maximum of two (2) tickets shall receive a fifty dollars ($50.00) per month Ticket Bonus. Tickets not relevant to the job duties will not be eligible for the ticket bonus. b) Ticket Bonuses as established in 13.09 (a) shall be reviewed yearly by the Corporation to determine the relevancy and application of the ticket in relation to the employees current job duties. c) The following list of tickets may be applicable for the ticket bonus, however is not limited to this list. Power Lineperson Power Systems Electrician Electrician Welder Heavy Duty Mechanic Millwright Instrumentation Machinist ICS Operator Course d) Effective January 1, 2002, the provisions in Article 13.09 shall not apply to new hires.

Related to TICKET BONUS

  • Target Bonus “Target Bonus” shall mean Employee’s annual bonus, assuming 100% “on target” satisfaction of any objective or subjective performance milestones.

  • Annual Bonus In addition to Annual Base Salary, Executive shall be awarded, for each fiscal year ending during the Employment Period, an annual bonus (the “Annual Bonus”) in cash at least equal to Executive’s highest annual bonus for the last three full fiscal years prior to the Effective Date (annualized in the event that Executive was not employed by the Company for the whole of such fiscal year). Each such Annual Bonus shall be paid no later than the end of the third month of the fiscal year next following the fiscal year for which the Annual Bonus is awarded, unless Executive shall elect to defer the receipt of such Annual Bonus.

  • Annual Cash Bonus During the Term, Executive may be eligible to receive an annual cash bonus, on terms and conditions as determined by the Committee in its sole discretion taking into account Company and individual performance objectives.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Annual Incentive Bonus The Company shall, in addition to Executive’s Base Salary, pay Executive an Annual Incentive Bonus, which shall be payable within 120 days of the end of each fiscal year in accordance with the formula set forth on Exhibit A, attached hereto and made a part hereof.