OTE definition

OTE means Operational Test and Evaluation system.

OTE shall have the meaning ascribed to it in the Preamble.

OTE means operational test and evaluation system.

Examples of OTE in a sentence

• The contribution rate is currently 9% of Ordinary Time Earnings (OTE) provided the minimum weekly payment (for other than apprentices) shall be $95.00 (pro- rata for part-time employees).

• However, the USCG will not evaluate the NSC’s unmanned aircraft KPP until the unmanned aircraft undergoes initial OT&E, currently planned for June 2019.

• According to USCG officials, the program’s OTA began follow-on OT&E in October 2017, which will test unmet key performance parameters (KPP) and address deficiencies found during prior testing.

• However, the test results from initial OT&E will not be available to inform key decisions.

• However, as of December 2017, USCG officials had not received the results of this assessment.The USCG plans to conduct initial operational test and evaluation (OT&E) on the first OPC in fiscal year 2023.

More Definitions of OTE

OTE means ordinary time earnings, as defined in section 6 of the SG Act, including the limitation to the maximum contributions base.

OTE means Operational Test and Evaluation system, the process by which an accredited Registrar undergoes a testing and certification process with the Registry prior to going live.

OTE means Open Tender Enquiry

OTE means OilTank Engineering & Consulting Ltd.

OTE means the sum of the Employee’s base salary and Target Bonus as of the employment termination date. By way of example, if on the employment termination date Employee’s base salary was $500,000 and her Bonus Target was 80% of her annual salary, her OTE would be equal to $900,000.

OTE means ordinary time earnings as defined in the Superannuation Guarantee (Administration) Act 1992 (Cth). Rostered day off means for permanent employees at least 24 hours clear off duty from the time an employee ceases work regardless of whether this is the employee's ordinary shift or associated overtime. For part-time employees, the Employer shall nominate the days to be regarded as a rostered day off by the posting of a roster at least 7 days prior to the commencement of the roster unless the Employer and employee mutually agree to a lesser period of notice. Salaried employee means an employee who is paid an annual salary in lieu of any penalty rates, allowances and overtime. Serious misconduct means wilful, or deliberate, behaviour by an employee that is inconsistent with the continuation of the contract of employment; and conduct that causes imminent, and serious, risk to the health, or safety, of a person or the reputation, viability or profitability of the Employer’s business. Serious misconduct includes: theft, fraud, assault, the employee being intoxicated at work, the employee refusing to carry out a lawful and reasonable instruction that is consistent with the employee’s contract of employment. The employee is taken to be intoxicated if the employee’s faculties are, by reason of the employee being under the influence of intoxicating liquor or a drug (except a drug administered by, or taken in accordance with the directions of, a person lawfully authorised to administer the drug), so impaired that the employee is unfit to be entrusted with the employee’s duty or with any duty that the employee may be called upon to perform. Intoxication shall not be deemed to be misconduct in the event that the employee suffers from alcoholism or illness and is, or agrees to undergo treatment. Ongoing intoxication shall be deemed to be misconduct if all reasonable steps have been taken to address the issue of addiction or illness and have failed. Union means the Liquor, Hospitality and Miscellaneous Union Queensland Branch Union of Employees.

OTE. An identical paying classification where the straight time hourly wage rate at the level of service orresponding to that of the laid off employees is within seven percent (7%) of the laid off employees straight time ourly wage rate.