Discretionary Service Periods definition

Discretionary Service Periods means in respect of a DER, periods during the Term of the Agreement that are not Service Periods;

Examples of Discretionary Service Periods in a sentence

  • Earned / Privilege leave On full pay and allowance as per the policy of the Company.

  • Earned / Privilege leave, not exceeding one month for every eleven months of service, on full salary and allowance.

  • Wadhwa shall be entitled to (i) all other employee benefits with respect to Provident Fund, Superannuation Fund, Gratuity, Earned / Privilege leave including Encashment of Leave; (ii) reimbursement of all business related expenses incurred by him on actual basis; and (iii) coverage under group medical and personal accident insurance, as per Company’s policy, practice and procedure as is in effect from time to time, as an employee in continuation of his employment with the Company.

  • Earned / Privilege leave on full pay as per the rules of the Company.

  • The method is a hybrid one which incorporates particle tracking, and considerable effort has been invested to optimize the computer code so that it may also be compiled to exploit parallel architectures efficiently.

  • Obviously, I was missing them a lot, but at the same, each word or expression of support that they shared with me gave me the strength to continue my life in Chile and not be brought down by the sadness.

  • Earned / Privilege leave: As per the rules of the Company.2. Company’s contribution to provident fund and super-annuation fund: As per the rules of the Company3.

  • Earned / Privilege leave as per the rules of the Company as applicable to other senior executives of the Company.iv.

  • Bonus Multiplier will be decided based on Company Performance in the previous calendar year and will be multiplied with target bonus (mentioned above) to reflect on Actual Bonus payout which will happen in April salary.Leave - Privilege leave - 32 days p.a Notice Period Buyout : The notice period loss from previous employer will be reimbursed against proof.

  • Leave encashment / compensated absences / sick leave - Privilege leave entitlements are recognised as a liability, in the calendar year of rendering of service, as per the rules of the Company.

Related to Discretionary Service Periods

  • Deferral Period has the meaning set forth in Section 3(h) hereof.

  • Period of Service means the aggregate of all periods of service commencing with an Employee's first day of employment or reemployment with the Employer or an Affiliated Employer and ending on the first day of a Period of Severance, or for benefit accrual purposes, ending on the severance from service date. The first day of employment or reemployment is the first day the Employee performs an Hour of Service. An Employee who incurs a Period of Severance of twelve (12) months or less will also receive service-spanning credit by treating any such period as a Period of Service for purposes of eligibility and vesting (but not benefit accrual). For purposes of benefit accrual, a Participant's whole year Periods of Service is equal to the sum of all full and partial periods of service, whether or not such service is continuous or contiguous, expressed in the number of whole years represented by such sum. For this purpose, fractional periods of a year will be expressed in terms of days.

  • Service Period has the meaning given to it in Framework Schedule 4 (Template Order Form and Template Call Off Terms) as refined by a Contracting Body in a Call Off Agreement between that Contracting Body and the Supplier;

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Plan Year means the calendar year.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.