Monetary Adjustments Sample Clauses

Monetary Adjustments. The Parties agree that any adjustments to the monetary consideration that Contractor is to provide Customer under this Agreement are reasonable estimates of the damages that Customer may suffer in light of the anticipated harm associated with the event related thereto and such adjustments to the monetary consideration that Contractor is to provide Customer do not constitute penalties.
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Monetary Adjustments. The Parties agree to the following Monetary Adjustments: Effective Date: Negotiated Increase: March 01, 2002 (retroactive) $0.25/hour increase to wages February 28, 2007 (retroactive) $0.30/hour increase to Health & Welfare Fund March 01, 2003 $0.55 per hour increase to wages March 01, 2004 $0.55 per hour increase to wages March 01, 2005 $0.50 per hour to be determined March 01, 2005 $0.05 per hour to Health & Welfare Fund • The Union shall advise the Companies no later than January 31st of each year of the decision of the membership relative to the monetary allocation. SCHEDULE OF EMPLOYER CONTRIBUTIONS (Year) 2002 2003 2004 *2005 Health & Welfare $2.10 $2.10 $2.10 $2.15 Pension $2.05 $2.05 $2.05 *$2.05 App. Trade & Promo Fund $0.135 $0.135 $0.135 $0.135 Tool Allowance $0.05 $0.05 $0.05 $0.05 Rehab Plan $0.02 $0.02 $0.02 $0.02 **Union Check-off $0.70 $0.70 $0.70 $0.70 *To be reviewed. ** Employee Deduction SCHEDULE "A" ADDENDUM # 2 BETWEEN‌ ISLAND SLIPFORM INC. (The Vancouver Island Paving Group) (Hereinafter referred to as “The Employer") AND: OPERATIVE PLASTERERS’ & CEMENT MASONSINTERNATIONAL ASSOCIATION OF THE UNITED STATES AND CANADA, LOCAL 919 (Hereinafter referred to as “The Union") CEMENT MASONS' - WAGE SCALE RATES (Prior to March 1, 2002) Apprenticeship Rates: (CA 70%) 01 - 06 months = $16.37/hour + $0.75/hour metro travel = $17.12 per hour (CA 75%) 07 - 12 months = $17.54/hour + $0.75/hour metro travel = $18.29 per hour (CA 80%) 13 - 18 months = $18.70/hour + $0.75/hour metro travel = $19.45 per hour (CA 85%) 19 - 24 months = $19.87/hour + $0.75/hour metro travel = $20.62 per hour (CA 90%) 25 - 30 months = $21.04/hour + $0.75/hour metro travel = $21.79 per hour (CA 95%) 31 - 36 months = $22.21/hour + $0.75/hour metro travel = $22.96 per hour (CM 100%) Journeyperson = $23.38/hour + $0.75/hour metro travel = $24.13 per hour (CM 112%) Xxxxxxx = $26.19/hour + $0.75/hour metro travel = $26.94 per hour (CM 116%) General Xxxxxxx = * $28.82/hour + $0.75/hour metro travel = $29.57 per hour Note: The General Xxxxxxx will also receive one half-hour at straight time per shift (at Overtime rates on Overtime shifts). * One half hour at straight time rate is included in the General Xxxxxxx Rate. CEMENT MASONS' WAGE SCALE RATES (EFFECTIVE DATE: March 1, 2002 to February 28, 2003) Apprenticeship Rates: (CA 70%) 01 - 06 months = $16.54/hour + $0.75/hour metro travel = $17.29 per hour (CA 75%) 07 - 12 months = $17.72/hour + $0.75/hour metro travel = $18.47 per ho...
Monetary Adjustments. All monetary grievances that are mutually agreed upon shall be paid on the following pay period or as soon as reasonable, but in any case, not more than two (2) pay periods from the date of resolution.

Related to Monetary Adjustments

  • Voluntary Adjustments To the extent permitted by applicable law and applicable requirements of the Exchange, the Company is permitted to increase the Conversion Rate of the Notes by any amount for a period of at least 20 Business Days if such increase is irrevocable for such period and the Board of Directors determines that such increase would be in the Company’s best interest; provided that the Company must give at least 15 days’ prior notice of any such increase in the Conversion Rate. To the extent permitted by applicable law and applicable requirements of the Exchange, the Company may also (but is not required to) increase the Conversion Rate to avoid or diminish income tax to holders of Common Stock or rights to purchase shares of Common Stock in connection with a dividend or distribution of shares (or rights to acquire shares) or similar event.

  • Royalty Adjustments The following adjustments will be made, on a Product-by-Product and country-by-country basis, to the royalties payable pursuant to Section 3.5.1:

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Additional Adjustments In the event that there is any change in the outstanding Shares for which an adjustment is not provided by Sections 6.1. or 6.2. of this Agreement, and the Options are then unexercised, the Committee may, in its sole discretion, require an adjustment in the number or kind of Shares or securities subject to the Options and the Option Price and such adjustment shall be binding and effective for all purposes hereof.

  • Closing Adjustments To the extent that any prorations, adjustments or other amounts with respect to the Contributed Entity or the Property shall be payable by or to the Contributors at or following each Closing in accordance with the provisions of the Master Agreement, the amount of the purchase consideration determined pursuant to Section 1.2(a) shall be adjusted accordingly, it being acknowledged and agreed by each Contributor that from and after the date hereof, (i) the Contributed Entity shall not declare, pay or otherwise make provision for any dividends or distributions and (ii) immediately prior to the Closing, in addition to any prorations, adjustments or other amounts payable by or to the Contributors with respect to the Contributed Entity or the Property, the Contributed Entity shall distribute to each Contributor receiving Securities an amount equal to the amount such Contributor would have been paid as a distribution on account of the Securities it will receive at Closing had such Securities been issued and sold to such Contributor at the Initial Closing.

  • Tax Adjustments The Company may make such reductions in the Purchase Price, in addition to those required by Sections 3, 4, 5, 6, 7 and 8, as the Board of Directors considers to be advisable to avoid or diminish any income tax to holders of Common Stock or rights to purchase Common Stock resulting from any dividend or distribution of stock (or rights to acquire stock) or from any event treated as such for income tax purposes.

  • Post-Closing Adjustments As soon as practicable after the Closing, but in no event later than one hundred eighty (180) days thereafter, Seller shall prepare and deliver to Purchaser a final settlement statement (the “Final Settlement Statement”) setting forth each adjustment or payment that was not finally determined as of the Closing and showing the calculation of such adjustments and the resulting Final Purchase Price. Seller shall make its workpapers and other information available to Purchaser to review in order to confirm the adjustments shown on Seller’s draft. As soon as practicable after receipt of the Final Settlement Statement, but in no event later than sixty (60) days thereafter, Purchaser shall deliver to Seller a written report containing any changes that Purchaser proposes to make to the Final Settlement Statement. Any failure by Purchaser to deliver to Seller the written report detailing Purchaser’s proposed changes to the Final Settlement Statement within sixty (60) days following Purchaser’s receipt of the Final Settlement Statement shall be deemed an acceptance by Purchaser of the Final Settlement Statement as submitted by Seller. The parties shall agree with respect to the changes proposed by Purchaser, if any, no later than sixty (60) days after Seller receives from Purchaser the written report described above containing Purchaser’s proposed changes. If the Purchaser and the Seller cannot then agree upon the Final Settlement Statement, the determination of the amount of the Final Settlement Statement shall be submitted to a mutually agreed firm of independent public accountants (the “Accounting Firm”). The determination by the Accounting Firm shall be conclusive and binding on the parties hereto and shall be enforceable against any party hereto in any court of competent jurisdiction. Any costs and expenses incurred by the Accounting Firm pursuant to this Section 12.1 shall be borne by the Seller and the Purchaser equally. The date upon which such agreement is reached or upon which the Final Purchase Price is established, shall be herein called the “Final Settlement Date.” In the event

  • Price Adjustments 17.1 Prices for Goods/Services supplied in terms of this Agreement shall be subject to review as indicated in the Schedule of Requirements/Works Order annexed hereto.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Capital Adjustments (a) The existence of the Option shall not affect in any way the right or power of the Corporation or its stockholders to make or authorize any or all adjustments, recapitalizations, reorganizations, or other changes in the Corporation's capital structure or the Corporation’s business, or any merger or consolidation of the Corporation or any issue of bonds, debentures, preferred stock having a preference to or affecting the Corporation’s capital stock or the rights thereof, or the issuance of any securities convertible into any such capital stock or of any rights, options, or warrants to purchase any such capital stock, or the dissolution or liquidation of the Corporation, any sale or transfer of all or any part of the Corporation’s assets or business, or any other act or proceeding of the Corporation, whether of a similar character or otherwise.

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