Cash Stipend Sample Clauses

Cash Stipend. For so long as the Director serves as the chair of either the Audit Committee of the Board, the Compensation Committee of the Board, or the Nominating Committee of the Board the amount of quarterly cash stipend shall be $1,000.00. In addition, the Director shall receive a cash stipend of (i) $300.00 for every telephonic meeting of the Board that the Director attends which is longer than forty-five minutes; (ii) $300.00 for every telephonic meeting of a Committee of the Board that the Director attends that is longer than forty-five minutes; and (iii) $300.00 for every in-person meeting that the Director attends.
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Cash Stipend. The Director shall receive an annual cash stipend of Twenty Thousand Dollars ($20,000).
Cash Stipend. The Rev. NAME shall receive an annual cash stipend of $XXXXXX, which will be paid in equal amounts at least monthly according to a schedule established by the Finance Committee of [name of faith community]. The stipend will be reviewed and adjusted annually based on Episcopal Church in Minnesota’s minimum clergy compensation and cost-of-living adjustment recommendations made by the ECMN Council, the Rev. NAME’s years of service as a priest, merit pay and other criteria mutually agreed upon by the Rev. NAME and the elected leadership of the faith community. The Rev. NAME shall receive Self-Employment Tax Allowance in an amount equal to half of the estimated applicable Self-Employment Tax resulting from the terms of this agreement, which is 7.65% of cash compensation and housing together.
Cash Stipend. The Priest shall receive an annual cash stipend of $ , a portion of which is allocated to a housing allowance, if applicable. The stipend will be reviewed and adjusted annually based on Episcopal Church in Minnesota minimum clergy compensation and cost-­‐of-­‐living adjustment set by the Council, the Priest’s years of service as a priest, merit pay and other criteria mutually agreed upon by the Priest and the Wardens and Vestry/Xxxxxx’x Committee. The Priest, Wardens, one Vestry/Xxxxxx’x Committee person, and one non-­‐Vestry/Xxxxxx’x Committee parishioner will conduct the annual Compensation Review in September, to be brought as a recommendation to the Vestry/Xxxxxx’x Committee at its October meeting. The Priest shall receive Self-­‐Employment Tax Allowance in an amount equal to 7.65% of the estimated Self-­‐Employment Tax resulting from the terms of this agreement.
Cash Stipend. Effective May 1, 2018, the Director shall receive a monthly cash stipend of Three Thousand Dollars ($3,000). In addition, the Director shall receive a cash stipend of $1,000 for every in-person meeting that the Director attends.”
Cash Stipend. The interim priest-in-charge’s annual cash stipend will be _______ per year. If the interim priest-in-charge receives a payment in lieu of Group Life, Medical & Dental (GLMD) insurance, said payment must be added to cash salary when computing SSA and the Pension contribution. * See the Diocesan Treasurer’s Newsletter for amplification or details at xxx.xxxxxxxxxxx.xxx Housing: If living in church housing: The interim priest-in-charge shall have full use of the rectory and grounds as his/her personal residence. No activities will be planned at the rectory without the invitation of the interim’s household. Expenses connected with the rectory shall be covered as follows: The estimated annual Utilities expense = ­­______. Utilities shall be contracted for and paid directly by the parish including basic cable, basic telephone, and internet. Expenses for repair, remodeling and major appliances exceeding _________ shall be paid by the parish in accordance with an annual plan and budget mutually agreed upon by the interim and vestry. Within that plan and budget, the interim may authorize emergency expenditures up to $__________ per month, reporting them within ten days to the vestry. Maintenance of rectory grounds, i.e., lawn care and snow removal, are at the expense of the parish. Major alterations to the basic landscaping plan, and any grounds maintenance items shall be subject to approval by the vestry. If not living in church housing: When the interim priest-in-charge does not live in parish-provided housing, a housing allowance of _______ will be provided and duly noted in the vestry minutes. The allowance includes compensation for mortgage/rent, utilities, telephone (not including personal long distance charges), taxes, insurance, and modest maintenance. (Upon the interim priest-in-charge’s request, the vestry will designate annually a portion of the total compensation as a "parsonage allowance" under the Sec. 107 of the Federal Internal Revenue Code. This designation must be in accordance with Sec. 107, and need not match the “housing allowance” component of compensation.)
Cash Stipend. The Xxxxxx’x annual cash stipend will be $ per year.
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Cash Stipend. The Transition Priest shall receive an annual cash stipend of $ , a portion of which is allocated to a housing allowance, if applicable. The Transition Priest will be paid on the 15th and the last day of each month. The stipend will be reviewed and adjusted annually based on diocesan minimum clergy compensation and cost-­‐of-­‐living adjustment set by the Diocesan Council, the Transition Priest’s years of service as a priest, merit pay and other criteria mutually agreed upon by the Transition Priest and the Wardens and Vestry/Xxxxxx’x Committee. The Transition Priest shall receive Self-­‐Employment Tax Allowance in an amount equal to 7.65% of the estimated Self-­‐Employment Tax resulting from the terms of this agreement.
Cash Stipend. The Vicar’s annual cash stipend will be $ per year.
Cash Stipend. The Xxxxxx shall receive an annual cash stipend of $XXXXXX, a portion of which is allocated to a housing allowance, if applicable. The Xxxxxx will be paid on the 15th and the last day of each month. The stipend will be reviewed and adjusted annually based on Episcopal Church in Minnesota’s minimum clergy compensation and cost-of-living adjustment set by the Council, the Xxxxxx’x years of service as a priest, merit pay and other criteria mutually agreed upon by the Xxxxxx and the Wardens and Vestry. The Priest shall receive Self-Employment Tax Allowance in an amount equal to half of the estimated applicable Self-Employment Tax resulting from the terms of this agreement, which is 7.65% of cash compensation and housing together.
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