Common use of Salary Adjustment Clause in Contracts

Salary Adjustment. Upon the successful completion of the approved Exceptional Performance Incentive Plan, or accomplishment of interim annual goals, as described in the approved plan the ASF Member will receive a lump- sum payment of up to five percent (5%) of the ASF Member's base salary in effect at the time of the payment. This lump-sum payment shall not be added to base. ASF Members at the top of the salary schedule will be eligible for a lump- sum payment.

Appears in 6 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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Salary Adjustment. Upon the successful completion of the approved Exceptional Performance Incentive Plan, or accomplishment of interim annual goals, as described in the approved plan the ASF Member will receive a lump- lump-sum payment of up to five percent (5%) of the ASF Member's base salary in effect at the time of the payment. This lump-sum payment shall not be added to base. ASF Members at the top of the salary schedule will be eligible for a lump- lump-sum payment.

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

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Salary Adjustment. Upon the successful completion of the approved Exceptional Performance Incentive Plan, or accomplishment of interim annual goals, as described in the approved plan the ASF Member will receive a lump- lump-sum payment of up to five percent (5%) of the ASF Member's ’s base salary in effect at the time of the payment. This lump-sum payment shall not be added to base. ASF Members at the top of the salary schedule will be eligible for a lump- lump-sum payment.

Appears in 1 contract

Samples: www.leg.mn.gov

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