Examples of Prior Year Salary in a sentence
Prior Year Salary shall also include any unrepaid loans made, guaranteed or collateralized by a Team or its Team Affiliate to a player or Player Affiliate.
In addition, a player who is designated as a Xxxx- chise Player or a Transition Player shall have the option of accepting a one year NFL Player Contract for 120% (or 144%, if the player is eligible to receive such a Tender) of the player’s Prior Year Salary in lieu of a Player Contract for the average of the five (or ten, as applicable) largest applicable Salaries for players at his position, if he so wishes, regardless of which Player Contract is for a greater amount.
In addition, a player who is designated as a Franchise Player or a Transition Player shall have the option of accepting a one year NFL Player Contract for 120% (or 144%, if the player is eligible to receive such a Tender) of the player’s Prior Year Salary in lieu of a Player Contract for the average of the five (or ten, as applicable) largest applicable Salaries for players at his position, if he so wishes, regardless of which Player Contract is for a greater amount.
In addition, a player who is designated as a Xxxx xxxxx Player or a Transition Player shall have the option of accepting a one year NFL Player Contract for 120% (or 144%, if the player is eligible to receive such a Tender) of the player'S Prior Year Salary in lieu of a Player Contract for the average of the five (or ten, as applicable) largest applicable Salaries for players at his position, if he so wishes, regardless ofwhich Player Contract is for a greater amount.
For any such players, the Club shall be deemed on the first day of the first future League Year in which the designation takes effect to have automatically ten- dered the player a one year NFL Player Contract for the applicable average of the ten (10) largest Prior Year Salaries for players at the position that he played the most games during the prior League Year, or 120% of the play- er’s Prior Year Salary, whichever is greater.
For this purpose, “ officer” has the meaning given in section 42 of the Companies Act 1965.
From the prior year (HB 06- 1385), this budget increased by $27,761 and 0.0 FTE: $38,445 increase was provided through Prior Year Salary Survey and a reduction of ($10,684) for the base reduction.
In addition, a player who is designated as a Xxxx- chise Player or a Transition Player shall have the option of accepting a one year NFL Player Contract for 120% (or 144%, if the player is eligible to re- ceive such a tender) of the player’s Prior Year Salary in lieu of a Player Con- tract for the average of the five (5) (or ten (10), as applicable) largest ap- plicable Salaries for players at his position, if he so wishes, regardless of which Player Contract is for a greater amount.