Number of Payments. Salaries shall be paid in twelve (12) equal payments for all employees hired prior to July 1, 2000. Employees hired after July 1, 2000, will be given the option of 11 pay checks or 12 checks with two checks in June. These employees will not receive a check during July. Effective July 1, 2007, employees choosing to receive 12 checks will receive 11 equal payments with a voluntary deduction that will make up the 12th check. This means the net on the first eleven checks may be lower, but no taxes will be taken out of the 12th check.
Number of Payments. Each certificated employee shall notify the District Clerk in writing on a form provided by the clerk at the beginning of the school year as to whether his/her salary shall be paid in ten (10) or twelve (12) equal payments. The end-of-year lump sum payment for teachers who opt for salary being paid in twelve (12) equal payments will be issued to the teacher within one
Number of Payments. Employee's pay shall be based upon 10, 11 or 12 payments in accordance with the length of the employee's work year. Classified bargaining unit members may elect the option of receiving their annual salary in twelve (12) equal, monthly installments, as offered by the Monterey County Office of Education (MCOE). Unit members wishing to elect this option must complete a signed authorization form provided by the District.
Number of Payments. While the contract language suggests four equal payments, it is understood that should the Business Office believe a single payment would be more easily managed, then, such would be communicated by the Business Administrator to the president of the FEA prior to the initial implementation. It is understood that this stipend is a one-time payment. Re: Employed Spouses It is recognized that there are employees within the bargaining unit who have spouses also employed within the school district. It is the understanding of the parties that the intent was to encourage individuals to remove him/herself from health insurance coverage provided by the Fairfield Board of Education. Hence, to drop coverage and rejoin under one's spouse does not meet the intent of the program..
Number of Payments. Service paid by the course for courses of semester length duration shall be made in five equal installments each semester, with payments starting at the end of the first month of service. For service paid for courses of shorter duration than a semester the amount of payments and the number of payments will depend upon the length of the course and the start and end date. If services terminate for any reason, the amount to be paid will be based upon the actual number of hours proportion of the assignment served.
Number of Payments. 8. All pages of the Loan Note are present
Number of Payments. 8. Borrower Initials (as listed on bottom of applicable pages)
Number of Payments. Assignor is obligated to make only one Net Profits Payment to each Assignee each quarter. At the Effective Time the payments are to be made in the proportions of 60% to Panther, 25% to Newstar and 15% to XxXxxx. If at any time the interest of any Assignee is divided among and owned by five or more co-owners, Assignor, at its discretion, may require such co-owners to appoint a single trustee or agent with full authority to receive all notices and information provided for in this Assignment, to exercise all rights of Assignee under this Assignment, and to receive the Net Profits Payment. Any such notices, information and Net Profits Payments provided or made to such trustee or agent shall be deemed to have satisfied Assignor's obligations with regard thereto.
Number of Payments. Teachers may select one of the following options:
Number of Payments. The number of payments will be calculated based on the monthly payment amount and the agreement amount. • Cost Balance: Enter the amount of costs incurred to establish the repayment agreement. • Expected Monthly costs: Enter the expected amount of costs incurred to maintain the repayment agreement on a monthly basis. • Violations: Add information regarding the circumstances that caused the repayment agreement.
