Final Contract Year definition
Examples of Final Contract Year in a sentence
The ACQ for the First Contract Year and Final Contract Year shall be pro-rated based on the number of days in each such Contract Year.
Certified employees who retire from the District after having been employed by the District in a certified position for at least 15 years and who are eligible for retirement under PSRS/PEERS will receive payment for each day of unused accumulated sick leave at the rate of 40% of the certified employee’s final daily rate as determined by the certified employee’s salary during the Final Contract Year.
The Annual Reconciliation Amount in respect of the Final Contract Year shall result in an amount due from the Authority to the Contractor (or vice versa) and payable in accordance with clause 45.3 (Final Payment Periods) of the Project Agreement.
Insert a new Schedule 2 Part 4A (Timing and Amounts of Payments in First and/or Final Contract Year) as set out in Appendix 4, completed where relevant by the Parties.
Employees who retire from the District after having been employed by the District for at least 15 years and who are eligible for retirement under PSRS/PEERS will receive payment for each day of unused accumulated sick leave at the rate of 40% of the certified employee’s final daily rate as determined by the certified employee’s salary during the Final Contract Year.