Transitional scheme Sample Clauses

Transitional scheme. 16.1 The following transitional provisions apply in connection with the replacement of the agreement of 20 November 2009 with this agreement:
AutoNDA by SimpleDocs
Transitional scheme. The Optional Pay Account shall be put into force as follows: The Optional Pay Account shall be established with effect from 1 May 2007. The enterprise shall seek to provide the administrative conditions to establish the Optional Pay Account for individual employees as soon as possible. This shall be implemented by 2 January 2008. Before the Optional Pay Account is put into force, each employee shall notify the enterprise of the number of days off for holiday purposes not taken they want to be able to take at a later time during the holiday year and how many of those they decline and want to replace by a payment into the Optional Pay Account, cf. item 2(a) above. Similarly, they shall notify the enterprise of their choice regarding additional regular payment of pension contributions, cf. item (b) above. During the period from 1 May 2007 until the account is put into force, the enterprise shall pay on Notes an ongoing basis 0.5 per cent of the pay to the employees, cf. subclause (1). When the account is put into force, the following adjustments shall be made:
Transitional scheme. 1. When opting for the transitional scheme under article 5 no more collective adjustments of the fixed salary will take place. With effect from the date of the collective salary adjustment as referred to in article 5.4 of the CAO the variable salary percentage will be increased by at least the percentage referred to in article 5.4 of the CAO.
Transitional scheme. If the employee has accrued extra holiday entitlement as of 1 May 2020, the employee may choose, by means of written notification before 1 June 2020 to the enterprise, to convert one or more of the extra holiday days in the period 1 May 2020 to 31 August 2021 to a deposit in the free-choice account rather than taking them as holiday. For extra holiday days for the period from 1 May 2020 to 31 August 2021, a total of 6.67 extra holiday days, applies that one extra holiday day can be converted to 0.375 per cent of the pay entitled to a holiday in the period from 1 May 2020 to 31 August 2021. If all 6.67 extra holiday days are converted to a deposit in the free-choice account, 2.5 per cent will thus be paid on an ongoing basis in the period from 1 May 2020 to 31 August 2021. The above paragraph about transitional scheme will be deleted as of 1 September 2020 and be replaced by the following paragraph: Each year in May (from 2021), if the employee has accrued extra holiday entitlement as of 1 September, the employee may choose, by means of written notification to the enterprise, to convert one or more of the extra holiday days in the next holiday year to a deposit in the free-choice account rather than taking them as holiday. An extra holiday day can be converted into 0.5 per cent of the holiday entitlement pay. If all five extra holiday days are converted to a deposit in the free-choice account, 2.5 per cent will thus be paid on an ongoing basis within the holiday year. All savings deposits placed in the free-choice account include holiday pay as well as holiday allowance for the deposit even though they are paid as wages. Employees who are entitled to an occupational pension under the rules of the collective agreement when making their decision can inform the enterprise each year in May (from 2021) that all or part of the savings deposit to the free-choice account is to be paid into the pension scheme in the next holiday year (1 September – 31 August). In 2020 the choice must be made on 1 June at the latest and applies to the period from 1 May 2020 to 31 August 2021. The enterprise may set minimum limits for the deposit of monthly pension contributions of DKK 75. If the amount per month is less than this minimum contribution, the enterprise may decide to combine the contributions for two months. The deposit of extra pension contributions does not trigger an employer’s contribution for the deposit.

Related to Transitional scheme

  • Transitional (a) The parties recognise that certain determinations (for example, the annualised amount of HCF and HCV) may have been made to date in respect of a current Financial Year before the variations in this deed were agreed.

  • Transitional Period At the end of the transitional period as defined in Article 10(2) of the Directive, the contracting parties shall cease to apply the withholding/retention tax and revenue sharing provided for in this Agreement and shall apply in respect of the other contracting party the automatic exchange of information provisions in the same manner as is provided for in Chapter II of the Directive. If during the transitional period either of the contracting parties elects to apply the automatic exchange of information provisions in the same manner as is provided for in Chapter II of the Directive it shall no longer apply the withholding/retention tax and the revenue sharing provided for in Article 9 of this Agreement.

  • Transitional Arrangements Seller and Purchaser agree to cooperate and to proceed as follows to effect the transfer of account record responsibility for the Branches:

  • Transition Plan In the event of termination by the LHIN pursuant to this section, the LHIN and the HSP will develop a Transition Plan. The HSP agrees that it will take all actions, and provide all information, required by the LHIN to facilitate the transition of the HSP’s clients.

  • Transition Seller will not take any action that is designed or intended to have the effect of discouraging any lessor, licensor, customer, supplier, or other business associate of the Company from maintaining the same business relationships with the Company after the Closing as it maintained with the Company prior to the Closing. The Seller will refer all customer inquiries relating to the business of the Company to the Purchaser from and after the Closing.

  • Training Plan Within 90 days after the Effective Date, Good Shepherd shall develop a written plan (Training Plan) that outlines the steps Good Shepherd will take to ensure that: (a) all Covered Persons receive adequate training regarding Good Shepherd’s CIA requirements and Compliance Program, including the Code of Conduct and (b) all Relevant Covered Persons receive adequate training regarding: (i) the Federal health care program requirements regarding eligibility for hospice services upon initial admission, recertification for continued stay, and for Continuous Care, Respite Care, and General Inpatient Care; (ii) the role of physicians in making eligibility determinations; (iii) the accurate coding and submission of claims; (iv) policies, procedures, and other requirements applicable to the documentation of medical records; (v) the personal obligation of each individual involved in the claims submission process to ensure that such claims are accurate; (vi) applicable reimbursement statutes, regulations, and program requirements and directives; (vii) the legal sanctions for violations of the Federal health care program requirements; and (viii) examples of proper and improper eligibility determinations, documentation, and claims submission practices. The Training Plan shall include information regarding the training topics, the categories of Covered Persons and Relevant Covered Persons required to attend each training session, the length of the training, the schedule for training, and the format of the training. Within 30 days of the OIG’s receipt of Good Shepherd’s Training Plan, OIG will notify Good Shepherd of any comments or objections to the Training Plan. Absent notification by the OIG that the Training Plan is unacceptable, Good Shepherd may implement its Training Plan. Good Shepherd shall furnish training to its Covered Persons and Relevant Covered Persons pursuant to the Training Plan during each Reporting Period.

  • Employee and Family Assistance Plan The CODC PRO Care Plan is an industry-funded employee and family assistance plan for employees and their eligible family members according to the participation of sponsoring organizations and employers as well as Plan eligibility rules. Employees must be enrolled in the Plan by their employer to become eligible for Plan benefits, subject to the Plan eligibility rules. An individual employee cannot self-enroll in the Plan. Remittances and Reports

  • Compensation Scheme If you make a complaint and we are unable to meet our liabilities, you may be entitled to compensation from the Financial Services Compensation Scheme. For investment business you will be covered up to a maximum of £50,000. Further information about these amounts and limits for all other product types are available from the FSCS at xxxx://xxx.xxxx.xxx.xx/what-we-cover/products Anti-Money laundering We are required by the anti-money laundering regulations to verify the identity of our clients, to obtain information as to the purpose and nature of the business which we conduct on their behalf, and to ensure that the information we hold is up-to-date. For this purpose we may use electronic identity verification systems and we may conduct these checks from time to time throughout our relationship, not just at the beginning.

  • Transition Period Due to the nature of our purchasing process, the District often requires an existing service provider to continue to provide goods and/or services while the District is in the process of advertising, evaluating, and awarding a contract for the provision of the same goods and/or services in the future. To accommodate this process, the Contractor shall agree to maintain the same terms and conditions set forth in this Agreement for a period up to ninety (90) days after the automatic termination of this Agreement at the end of its term, if requested by the District, as a transition period. In addition, if the Contractor is not the successful bidder for a future solicitation for the same or similar services, he or she shall agree to provide the same goods and/or services provided in this Agreement for a period up to ninety (90) days to allow for an orderly transition to the new provider. The District and the Contractor may mutually agree to a longer transition period.

  • Staffing Plan 8.l The Board and the Association agree that optimum class size is an important aspect of the effective educational program. The Polk County School Staffing Plan shall be constructed each year according to the procedures set forth in Board Policy and, upon adoption, shall become Board Policy.

Time is Money Join Law Insider Premium to draft better contracts faster.