Xxxxx Compensation. 851 1. A Faculty Member shall be eligible for grant compensation specifically provided for in an approved grant, subject to any limitations imposed by the granting agency’s guidelines and regulations. 852 For the sole purpose of reporting effort on grants and contracts (concurrent with an academic year appointment), time spent on Instructional, Scholarly/Creative Activity, and Service may be adjusted proportionately to the level of effort expended on the grant or contract. The Faculty member’s effort on these activities may be adjusted to meet responsibilities on grants or contracts at the request of the grant administrator and with the approval of the Faculty Member and Department Head. Before final approval, the Director of the Office of Research and Development will review the adjustment to ensure compliance with funding agency guidelines and regulations. 853 The faculty member who is recognized as the “principal investigator” of an externally-fund grant shall receive ten percent (10%) of the grant’s indirect costs payable to the University. In the case of more than one principal investigator, the principal investigators shall equally share the ten percent (10%). The faculty member(s) receiving these funds must spend these funds on research-related items within two years of the completion of the grant. After two years any remaining funds will be moved to the Xxxxxxx’x indirect cost fund. 854 As recognition for successful research efforts, the faculty member who is recognized as the principal investigator of an externally-fund grant that includes indirect costs payable to the University will receive a stipend in the form of a one-time, not-to-base, payment based on the value of the external funds awarded to EMU (excluding indirect costs, matching funds, and amounts awarded to other agencies or universities). In the case of more than one principal investigator, the principal investigators will equally share the stipend. The stipend is awarded at the conclusion of the grant after the successful acceptance of the final report by the funding agency. The stipend amount shall be determined once per year at the end of the fiscal year in which the grant or grants concluded as follows:
Xxxxx Compensation. A Professional Employee may elect for KPERS purposes only, three (3) years prior to retirement, in writing and delivered to the BOE by May 1, to have included in his gross compensation for the following three (3) years the Section 125 fringe benefit contribution amount or the BOE's contribution amount to health insurance. This election is limited to one (1) three (3)-year period and may not be ceased and re-started. The employee understands that they may have increased tax obligations based on this election and will seek their own advice as to the tax and overall financial effect of the election and further that while KPERS has orally indicated acceptance of the higher gross amount the District does not warrant that KPERS will ultimately accept this higher gross amount in computing retirement benefits.
Xxxxx Compensation. Any compensation, whether salary, bonus, remuneration or any other payments or benefits, to Xxxxx in excess of that provided for in the Services Agreement.
Xxxxx Compensation. 767 1. A Faculty Member shall be eligible for grant compensation specifically provided for in an approved grant, subject to any limitations imposed by the granting agency’s guidelines and regulations. 768 For the sole purpose of reporting effort on grants and contracts (concur- rent with an academic year appointment), time spent on Instructional, Scholarly/Creative Activity, and Service may be adjusted proportionate- ly to the level of effort expended on the grant or contract. The Faculty Member’s effort on these activities may be adjusted to meet responsibil- ities on grants or contracts at the request of the grant administrator and with the approval of the Faculty Member and Department Head. Before final approval, the Director of the Office of Research and Development will review the adjustment to ensure compliance with funding agency guidelines and regulations. 769 When a Faculty Member is appointed to a grant concurrent with a regu- lar appointment for the academic year, spring or summer session, addi- tional compensation (unless specifically permitted by the granting agency) is not allowed, but released time from other activities may be allowed subject to administrative approval and subject to funding pro- vided by the grant. 770 In the case of short-term grant activity concurrent with a regular appointment and constituting less than one-quarter (1/4) released time, a Faculty Member may, at the request of the grant administrator and with the approval of the Director of the Office of Research and Development, be compensated. This paragraph serves to limit the num- ber of days that a Faculty Member may work on grants on an overload basis, e.g. up to 24% time (when the time commitment is 25% or more, the Faculty person must take release time). The rate of compensation will be at a daily rate of six tenths of one (1) percent (.006) of base pay, or the specific amount allowed by the grant. This paragraph shall not serve to limit a Faculty Member’s total compensation provided addition- al compensation meets the approval of the granting agency’s guidelines and regulations.
Xxxxx Compensation. As of the date of this Agreement, and except for the obligations created by this Agreement, Employee acknowledges and agrees she/he has been paid all compensation to which she/he is entitled in connection with her/his employment with the Company, including wages and accrued vacation up to and including the Separation Date. Employee acknowledges and agrees that this Agreement is entered into to resolve any and all of the Claims described below, including but not limited to any and all Claims for wages or compensation of any type or character, all such Claims being disputed in good faith.
Xxxxx Compensation. The compensation to be paid to Employee under this Agreement shall be in full payment for all services rendered by Employee in any capacity to the Company or any affiliate of the Company.
Xxxxx Compensation. (i) SOBR will pay Xxxxx all Annual Salary due to Xxxxx through the Transition Date. After the Transition Date, Xxxxx’x Annual Salary will be adjusted to Four Thousand Dollars ($4,000) per month, paid in accordance with SOBR’s regular payroll practices, for his services as Strategic Advisor.
Xxxxx Compensation
