, at the time they becomes disabled within the meaning out of s. (4), by manager inside the whose utilize the brand new burns off occurred and/or state is contracted. Overtime spend might not be considered section of an employee’s month-to-month income unless the staff acquired they towards a regular and you will reliable foundation.
In the event of good Participant’s Advancing years, Handicap (in the event the deferrals cease according to Point 8.1), passing otherwise a termination regarding A job ahead of the avoid regarding plans Season, eg year’s Annual Deferral Number are the true number withheld in advance of for example experience.
Director Charges setting the total settlement (including annual retainer and you will appointment costs, if any) paid off from the Corporation in order to a movie director within the a calendar year having solution toward Board;
Yearly Deferral Matter ensures that part of a beneficial Participant’s Foot Yearly Salary and you will Yearly Bonus one an associate elects for, which can be deferred, in accordance with Blog post 3, your one to Plan 12 months
Break Percentage function a cost to pay an effective Proponent for the majority of one’s will cost you the fresh new Proponent had incurred from inside the developing and you can entry an offer if the RFP Processes was cancelled, once the influenced by this new Sponsors relative to RFP Part ten.step 3.3;
Handling Fees function all the routine, basically appropriate Urban area-large charge necessary for the town to have handling programs and you will it allows together with, yet not simply for, charges for property explore software, building applications, strengthening permits, and you will licenses from occupancy.
Month-to-month Fees setting, collectively, [Enter To have HFS: the newest Month-to-month Food and Drink Payment,] the Monthly System Payment and Monthly Royalty Fee, each one of which is set forth on the Addendum. [Input To own HFS: “Monthly As well as Beverage Commission” form the cost we require from you in Subsection 8.2, which is established from the Addendum.]
Monthly Salary Rate function extent wanted to by the Owner you to definitely may be used into Programs getting Fee in the Build Phase so you can account fully for new month-to-month salary can cost you out of Contractor’s salaried team allotted to the project. A monthly Salary Rate must be built each salaried person and must feel recognized written down because of the Proprietor just before one Software to have Fee for this people. New Monthly Salary Rates is for benefits just and you will one payments designed for Contractor’s workers are at the mercy of audit to choose the genuine cost of the earnings and you can allowable manager efforts incurred from the Company having characteristics did.
Foot Payment mode the total amount equal to the sum of (i) the greater regarding Executive’s after that-current Annual Legs Income otherwise Executive’s Yearly Legs Salary at the time of the fresh new big date 1 day prior to the Improvement in Manage, and you will (ii) an average Extra Bonus.
The first Monthly Salary Price is included from inside the Exhibit “G” attached to that it Arrangement
Payment Payment mode a cost, if within the monetary function or in the form of good results or service, by the or on the part of a keen insurance company in order to a good complainant so you can make up the new complainant to have a proven otherwise projected economic losings sustained because of the insurer’s contravention, non-compliance, action, incapacity to act, otherwise unjust treatment building the cornerstone of your ailment, where in actuality the insurer allows responsibility for having caused the losses worried, but excludes people –
Month-to-month Legs Salary form 1/12th of one’s deeper regarding (i) Executive’s yearly foot paycheck (excluding incentive spend, premium shell out, earnings, overtime, https://kissbrides.com/sudanese-women/ incentives and other types of variable settlement) like in affect the brand new go out of a modification of Handle Cancellation otherwise a covered Cancellation, as appropriate, or (ii) regarding a modification of Handle Termination, Executive’s annual legs salary (leaving out added bonus shell out, premium shell out, profits, overtime, incentives or any other different adjustable payment) such as impact on the latest time of a general change in Handle.