WAGE SETTLEMENT Sample Clauses

WAGE SETTLEMENT. The Board of Education shall implement the salary schedules attached hereto beginning with each employee’s first work day of the 2018-2019 school year. This schedule shall reflect the following increases in wage rates:
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WAGE SETTLEMENT. The parties agreed to a four and a half percent (4.5%) base wage increase for Fiscal Year 2024 retroactive to July 1. The parties agreed to a three and a half percent (3.5%) base wage increase for Fiscal Year 2025 and three and a half percent (3.5%) base wage increase for Fiscal Year 2026.
WAGE SETTLEMENT. For and in consideration of signing this Agreement, it is agreed that all employees covered by this Agreement will be granted wage increases according to the following schedule: Effective upon ratification 2% across the board Effective 7/1/2018 2% across the board Effective 7/1/2019 Wage reopener for years 2019-2022 for purposes of negotiating wage increases only beginning at no less than 0% For employees hired after March 19, 2010: 70% of the maximum during the first twelve (12) months of employment 75% of the maximum at first year of employment 80% of the maximum after second year of employment 85% of the maximum after third year of employment 90% of the maximum after four years of employment 100% of the maximum after five years of employment If a seniority employee is laid off and returns as a provisional employee, he/she shall be paid at 80% of the maximum rate.
WAGE SETTLEMENT. 9.1.3.1 Effective April 1, 2018, increase 100 percent (100%) rate of all classifications by three percent (3%).
WAGE SETTLEMENT. The parties to the agreement encourage the enterprises to construct pay slips on which the wage elements set out in (1) – i.e. piecework, hourly wage, trade allowance plus any locally agreed allowance – appear as separate lines on the employee's pay slip. For all employees, the payroll week is the calendar week (Monday-Sunday), and the wages are paid on the first succeeding Friday. If this Friday is a weekday holiday, pay- ment will be made on the last working day before this Friday. Subject to local agree- ment, wages may be paid on Thursday. The payroll period may be extended to two weeks. In such case, all members of NNF as well as apprentices will be paid DKK 100.00 per year. The amount will be calculated and paid quarterly to NNF’s local branch for use for social and cultural purposes for NNF members employed at the enterprise. The parties to the collective agreement agree to discuss the above-mentioned collective agreement provision with a view to modernising the text. In enterprises where the payroll period has been extended to two weeks at least one year prior, the enterprise can extend the payroll period to four weeks. The transition to four weeks’ wage requires at least two months’ notice. In relation to the four-week wage transition, the employee is entitled to an advance payment equal to the net wage that the individual in question would have expected to receive in the following payroll period, unless otherwise agreed. The advance payment is paid at the point when the two weeks’ wage for the first time is not paid in full. The amount is repaid through pay deductions over the following 12 four-week periods with 1/12th of the payment amount per four-week period, unless otherwise agreed. However, the remaining amount is deducted from the last wage pay- ment if the employee resigns. Payment of wages is to be made into the employee’s bank account and wages must be available at start of bank business hours the following day. See protocol on electronic documents (page 59-60).
WAGE SETTLEMENT. All employees employed as of the date of ratification shall receive $.30 per hour for all hours worked since the expiry of the previous Collective Agreement in March, 2003. Future annual increases shall be effective the first Sunday of July each year. Effective 2005, Pay Grid A employees at $17.25 on the first Sunday of July each year shall receive a lump sum payment of $300.00.

Related to WAGE SETTLEMENT

  • Commercial Settlement All the commercial settlements under this agreement shall be as per Government of Gujarat’s Solar Power Policy 2015 and Order No. 3 of 2015 dated 17.08.2015 of the Gujarat Electricity Regulatory Commission and any subsequent orders in this regard. The commercial settlement will be as follows:

  • Loss Settlement Covered property losses are settled as follows:

  • The Settlement The Settlement was reached on May 11, 2018. Class Counsel filed this action on May 10, 2018. Over two years prior to the filing of this action, Class Counsel and Defendant’s Counsel conducted an adversarial informal discovery process. Class Counsel reviewed and analyzed thousands of pages of documents provided by Defendant and also reviewed many other documents, including U.S. Department of Labor Forms 5500 and other publicly available documents. The Parties participated in mediation before a nationally recognized mediator who has extensive experience in resolving similar claims involving other 401(k) plans. Only after six months of extensive arm’s length negotiation following the mediation were the parties able to agree to the terms of the Settlement. As part of the Settlement, a Qualified Settlement Fund of $17,000,000 will be established to resolve the Class Action. The Net Settlement Amount is $17,000,000 minus any Administrative Expenses, taxes, tax expenses, Court-approved Attorneys’ Fees and Costs, Class Representatives’ Compensation, and other approved expenses of the litigation. The Net Settlement Amount will be allocated to Class Members according to a Plan of Allocation to be approved by the Court. In addition to the monetary component of the Settlement, the Parties to the Settlement have agreed to certain additional terms: (1) During the first eighteen months (18) following the final approval of the Settlement, Defendant has agreed that the Plan’s fiduciaries will conduct a Request for Proposal (“RFP”) process for recordkeeping services to the Plan; (2) Within the first year following final approval of the Settlement, Defendant has agreed to publish a communication to then current Plan participants explaining the risks and benefits of the Plan’s money market fund investment option; (3) Defendant also will use an independent consultant familiar with fixed income investment options in defined contribution plans who will review the investment lineup and make recommendations to the Plan’s fiduciaries regarding whether to retain the money market fund and whether to add a stable value or comparable fund; (4) In addition, during the three- year Settlement period, Defendant has agreed to provide Class Counsel a list of the Plan’s investment options and fees; and (5) In considering investment options for the Plan, Defendant has agreed that the Plan’s fiduciaries will consider: (a) the lowest-cost share class available for any particular mutual fund considered for inclusion in the Plan as well as other criteria applicable to different share classes; (b) the availability of revenue sharing rebates on any share class available for any particular mutual fund considered for inclusion in the Plan; and (c) the availability of collective trusts, to the extent such investments are permissible and are otherwise identical to a particular mutual fund considered for inclusion in the Plan.

  • Agreement Settlement Agreement Settlement will be used to confirm the offer and delivery of A&D 63 Services by County and determine satisfaction of the minimum performance requirements and quality measures, based on data properly reported in accordance with Section 3., “Special Reporting Requirements” above.

  • Dispute Settlement 1. A Party may not initiate proceedings under the general dispute settlement provisions of this Agreement regarding a refusal to grant temporary entry under this Chapter unless: (a) the matter involves a pattern of practice; and (b) the business person has exhausted the available administrative remedies regarding the particular matter. 2. The remedies referred to in subparagraph 1(b) shall be deemed to be exhausted if a final determination in the matter has not been issued by the competent authority within one year of the institution of an administrative proceeding, and the failure to issue a determination is not attributable to delay caused by the business person.

  • CLOSING AND SETTLEMENT Seller/Landlord shall determine the title company at which settlement shall occur and shall inform Buyer/Tenant of this location in writing. Buyer/Tenant agrees that closing costs in their entirety, including any points, fees, and other charges required by the third-party lender, shall be the sole responsibility of Buyer/Tenant. The only expense related to closing costs apportioned to Seller/Landlord shall be the pro-rated share of the ad valorem taxes due at the time of closing, for which Seller/Landlord is solely responsible.

  • Rollovers of Exxon Xxxxxx Settlement Payments If you receive a qualified settlement payment from Exxon Xxxxxx litigation, you may roll over the amount of the settlement, up to $100,000, reduced by the amount of any qualified Exxon Xxxxxx settlement income previously contributed to a Traditional or Xxxx XXX or eligible retirement plan in prior taxable years. You will have until your tax return due date (not including extensions) for the year in which the qualified settlement income is received to make the rollover contribution. To obtain more information on this type of rollover, you may wish to visit the IRS website at xxx.xxx.xxx.

  • Resettlement Carrying out resettlement and rehabilitation of Displaced Persons in connection with the implementation of Parts 1, 2 and 3 of the Project. SCHEDULE 2

  • Final Settlement The Parties agree and acknowledge that this Compromise Agreement shall constitute a final settlement between the Parties. This Compromise Agreement resolves only issues addressed in the Compromise Agreement.

  • IN THE SETTLEMENT 4. How do I know if I am part of the Settlement? If you received this notice, then Defendant’s records indicate that you are a Class Member who is entitled to receive a payment or credit to your account. YOUR OPTIONS

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