Minimum Annual Salary definition

Minimum Annual Salary means the minimum salary that must be included in a Player Contract that covers the entire Regular Season in accordance with Article V, Section 7.
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Minimum Annual Salary means that compensation described in Section 6.1.
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Minimum Annual Salary as used in this Agreement shall include all increases granted by the Board.
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Examples of Minimum Annual Salary in a sentence

  • The Minimum Annual Salary Scale applicable to a player is determined by the Salary Cap Year encompassing the first Season covered by the player’s Contract.

  • For the 2017-18 Salary Cap Year, the Minimum Annual Salary Scale is set forth as Exhibit C hereto.

  • For each Salary Cap Year commencing with the 2018-19 Salary Cap Year, the Minimum Annual Salary Scale amounts shall be adjusted by applying the percentage increase (or decrease) in the Salary Cap from the preceding Salary Cap Year to the current Salary Cap Year.

  • Accordingly, for example, if the first Season covered by a player’s Contract is the 2018-19 Season, then the Minimum Annual Salary Scale for the 2018-19 Salary Cap Year shall apply for each Season of the Contract.

  • The 2017-18 Minimum Annual Salary Scale will increase minimum salaries for that season by 45%.

  • Minimum Annual Salary of California Full- Time Employees Hired $36,000 $36,000 $36,000 $36,000 $36,000 Cumulative Average Annual Salary of California Full- Time Employees Hired $50,000 $50,000 $50,000 $50,000 $50,000 Investments $20,000 $50,000 $50,000 $60,000 $30,000 $210,000 Tax Credit Allocation $7,000 $17,000 $17,000 $17,000 $17,000 $75,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA  OFFICE OF GOVERNOR XXXXXX X.

  • Accordingly, for example, if the first Season covered by a player’s Contract is the 2023-24 Season, then the Minimum Annual Salary Scale for the 2023-24 Salary Cap Year shall apply for each Season of the Contract.

  • The Minimum Annual Salary Scale applicable to a player’s Contract is determined by the Salary Cap Year encompassing the first Season covered by the Contract.

  • As with the Rookie Scale, there will be a new Minimum Annual Salary Scale issued each season prior to the Moratorium Period for contracts, including multi-year contracts, signed that season.

  • Minimum Annual Salary of California Full- Time Employees Hired $36,000 $36,000 $36,000 $36,000 $36,000 Cumulative Average Annual Salary of California Full- Time Employees Hired $50,000 $50,000 $50,000 $50,000 $50,000 Investments $20,000 $50,000 $50,000 $60,000 $30,000 $210,000 Tax Credit Allocation $7,000 $17,000 $17,000 $17,000 $17,000 $75,000 1 Determined on an annual full-time equivalent basis STATE OF CALIFORNIA 🞟 OFFICE OF GOVERNOR XXXXXX X.


More Definitions of Minimum Annual Salary

Minimum Annual Salary means the salary as provided for in clause 8 - Instructor’s Minimum Annual Salary for Delivery of Educational and Training Support Services, and clause 9 - Annual Review of Instructor’s Minimum Annual Salary, of this Enterprise Agreement.
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Related to Minimum Annual Salary

  • Base Annual Salary means the annual cash compensation relating to services performed during any calendar year, whether or not paid in such calendar year or included on the Federal Income Tax Form W-2 for such calendar year, excluding bonuses, commissions, overtime, fringe benefits, stock options, relocation expenses, incentive payments, non-monetary awards, directors fees and other fees, automobile and other allowances paid to a Participant for employment services rendered (whether or not such allowances are included in the Employee’s gross income). Base Annual Salary shall be calculated before reduction for compensation voluntarily deferred or contributed by the Participant pursuant to all qualified or non-qualified plans of any Employer and shall be calculated to include amounts not otherwise included in the Participant’s gross income under Code Sections 125, 132(f), 402(e)(3), 402(h), or 403(b) pursuant to plans established by any Employer; provided, however, that all such amounts will be included in compensation only to the extent that, had there been no such plan, the amount would have been payable in cash to the Employee.

  • Annual Base Salary shall have the meaning set forth in Section 3(a).

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Pro-rata Annual Bonus means the amount of Annual Bonus, multiplied by a fraction, the numerator of which is the number of days in such year during which the Executive was actually employed by the Company (or its predecessor) and the denominator of which is 365.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Annual Compensation means an amount equal to the greater of:

  • Salary as defined in Section 3.1(a).

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.