Applicable Award definition

Applicable Award is determined by the scope and respondency of the Public Service Award 1992 or the Government Officers Salaries, Allowances and Conditions Award 1989.
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Applicable Award is determined by the scope and respondency of the PSA and GOSAC;
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Applicable Award was introduced into the 2011 General Agreement to recognise that employees will be covered by one of the two parent Awards, but not both.
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Examples of Applicable Award in a sentence

  • The proceeds from such Drag Along Sale with respect to Contingent Awards shall be (A) deposited into escrow (B) vest in accordance with the terms of the Applicable Award Agreement (or otherwise) and (C) be distributed to the Participant when the underlying portion of the Award otherwise vests (or in the case of any Contingent Award that is considered to be Section 409A Deferred Compensation, when permitted by Section 409A without penalty to the Participant).

  • In addition, in the event of a Restrictive Covenant Breach, the Company may require that the Participant immediately forfeit any shares of Stock underlying any portion of an Applicable Award that had previously vested but for which the shares of Stock had not yet been delivered to the Participant.

  • The final amount that shall be earned (if at all) by the Participant under the Plan and this Agreement with respect to each Performance Measure shall be based on the Segmented Target Award Value and the Applicable Award Multiplier, which shall reflect the actual level of performance achieved by the Corporation with respect to the Performance Measure over the Performance Period.

  • Subject to the leave provisions of this General Agreement and Applicable Award, an Employee experiencing family and domestic violence may use other leave entitlements.

  • Notwithstanding the foregoing, if any Applicable Award would have vested before the applicable Distribution Date, the Executive shall be entitled to a payment of the value of such Applicable Award in the form (cash or stock) and amount as determined in accordance with the principles of the four preceding sentences (but using the vesting date rather than the Distribution Date for purposes of determining such value) and such payment shall reduce the amount otherwise payable under this Section 5(f)(1).

  • However, where expenses are directly and necessarily incurred by a casual Employee in the ordinary performance of their duties, the Employee shall be entitled to reimbursement in accordance with the Applicable Award.

  • Where study leave has been approved by the Employer pursuant to the provisions of clause 30 – Study Assistance of the Applicable Award, credits will be given for education commitments falling within the prescribed hours of duty and for which time off is necessary to allow for attendance at formal classes.

  • An Employee may return on a part time or job-share basis to the substantive position occupied prior to the commencement of leave or to a different position as determined by the Employer at the same classification level in accordance with the part time employment provisions of the Applicable Award and this Agreement.

  • The provisions of clause 22 – Overtime Allowance of the Applicable Award applies for work performed prior to an Employee's nominated starting time and after an Employee's nominated finishing time in accordance with clause 22.22 (a) (ii), and on an Employee's special rostered day off.

  • Casual loading will be in accordance with clause 19.3. The loading paid to casual Employees does not adequately compensate for long service leave, despite the current wording of clause 10 (1) (a) of the Applicable Award.

Related to Applicable Award

  • Restricted Award means any Award granted pursuant to Section 7.2(a).

  • Other Incentive Award means an Award denominated in, linked to or derived from Shares or value metrics related to Shares, granted pursuant to Section 9.6 hereof.

  • LTIP Award means each or any, as the context requires, LTIP Award issued under any Equity Incentive Plan.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Appreciation Award means any Stock Option or any Other Stock-Based Award that is based on the appreciation in value of a share of Common Stock in excess of an amount at least equal to the Fair Market Value on the date such Other Stock-Based Award is granted.