Year Four Sample Clauses
Year Four. The fourth year is the final year of the tenure review process. The activities of this year are similar to previous years with the final employment recommendation made.
Year Four. Effective July 1, 2017 the following adjustments will be made in the order shown:
a) Each employee whose salary is below the range maximum for his/her position will receive a step increase equal to 3% of the minimum or to the maximum of his/her position, whichever is less.
b) Salaries shall be increased by 1.25%, except those which are above the range maxima. Salaries which are above the range maximums are red-circled and frozen until those salaries are in line with the range maxima.
c) The salary ranges will be increased by 1.25%.
Year Four. All active Full Time Employees at Step 6 or higher, inclusive of Red Circled Employees, as of September 1, 2023 will receive a one-time lump sum of $400.00 less statutory deductions required by law. This payment will be made no later then 2 weeks after September 1st, 2024. All active Part Time Employees at Step 6 or higher, inclusive of Red Circled Employees as of September 1, 2023 will receive a one-time lump sum of $200.00 less statutory deductions required by law. This payment will be made no later then 2 weeks after September 1st, 2024.
Year Four. If, on the first day of any month of Year Four, the number of Active Teleprinters is less than the sum of (i) * (which sum is referred to as the "[*]"), SBCL will pay Healtheon pursuant to Section 5.7 as though the number of Active Teleprinters on the first day of [*] was equal to the Year Four [*].
Year Four. Effective July 1, 2009 2013 the following adjustments will be made in the order shown: Step Increase
a) Each individual whose salary is below the maximum for his/her position will receive a. step increase equal to 3% of the minimum or to the maximum of his/her position, whichever is less. Scale Increase
b) Salaries shall be increased by 3.4% 3.0%, except those which are above the range maxima for all individuals with evaluation points of less than 314 points. Salaries which are above the range maximums are red-circled and frozen until those salaries are in line with the range maxima.
c) Salaries shall be increased by 4.4% for all individuals with evaluation points equal to or greater than 314 points. Salaries which are above the range maximums are red-circled and frozen until those salaries are in line with the range maxima.
Year Four. Commencing on January 1, 2025, and ending December 31, 2025, Lessee shall pay to the Lessor, in advance, the sum of $_1,830.65_ per month.
Year Four. Same terms and conditions as year one.
Year Four. The four-year anniversary date following the execution of the lease of the building under the Real Estate Grant identified in Section 7 herein.