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Month-to-month salary function the latest gross amount paid back so you’re able to a participant and also make a declare under s

Month-to-month salary function the latest gross amount paid back so you’re able to a participant and also make a declare under s
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Month-to-month salary function the latest gross amount paid back so you’re able to a participant and also make a declare under s

, during the time she or he gets handicapped in meaning regarding s. (4), of the employer inside the whose utilize the injury taken place and/or disease try developed. Overtime pay is almost certainly not believed section of an enthusiastic employee’s monthly income unless of course the brand new employee acquired it on a typical and trustworthy basis.

In case there is an effective Participant’s Old-age, Handicap (when the deferrals give it up in accordance with Area 8.1), dying otherwise a termination of Employment ahead of the prevent regarding an idea 12 months, instance year’s Annual Deferral Number would be the true amount withheld prior to instance event.

Manager Fees function the settlement (and additionally annual retainer and you can meeting charges, or no) reduced from the Organization to help you a movie director in a calendar year to own solution on the Panel;

Annual Deferral Number ensures that part of a Participant’s Legs Yearly Salary and you can Yearly Added bonus you to definitely an associate elects to have, that is deferred, according to Blog post step three, when it comes to one Plan 12 months

Split Fee mode a price to pay a beneficial Proponent for the majority of of your own costs new Proponent got sustained into the developing and you may submitting a proposition when the this new RFP Techniques try terminated, because the dependent on the brand new Sponsors prior to RFP Point ten.step 3.3;

Operating Fees form most of the regimen, essentially appropriate Town-greater fees necessary for the city to possess running software and you may permits in addition to, although not simply for, costs for home use apps, strengthening software, building it permits, and you may permits out of occupancy.

Monthly Costs form, with each other, [Enter To have HFS: new Monthly As well as Beverage Percentage,] the newest Monthly System Commission while the Monthly Royalty Percentage, each one of that’s set forth on the Addendum. [Enter Having HFS: “Month-to-month As well as Drink Commission” means the price we require from you in Subsection 8.2, that is set forth on Addendum.]

Monthly Salary Rates setting the quantity offered to by the Holder you to can be utilized into Programs for Fee on the Build Phase in order to be the cause of the fresh month-to-month income can cost you of Contractor’s salaried personnel assigned to the project. A month-to-month Salary Price must be mainly based for each salaried people and ought to be accepted on paper by the Manager in advance of one Software having Payment for this individual. The newest Monthly Paycheck Rate is actually for comfort simply and you may any payments made for Contractor’s workers are subject to review to find the real cost of the income and allowable boss efforts sustained by Contractor to own characteristics did.

Legs Compensation form the total amount comparable to the sum (i) the more away from Executive’s following-most recent Yearly Foot Salary or Executive’s Annual Feet Salary by the new date eventually ahead of the Change in Manage, and you can (ii) the average Bonus Added bonus.

The initial Monthly Paycheck Rates is roofed inside Exhibit “G” linked to it Agreement

Compensation Fee form a repayment, if or not within the monetary function or in the form of an advantage otherwise services, from the otherwise for an enthusiastic insurer so you’re able to an excellent complainant in order to make up this new complainant to possess a proven otherwise projected economic loss incurred due to the insurer’s contravention, non-conformity, action, inability to bride Aigle do something, otherwise unfair cures forming the basis of the issue, where the insurer accepts responsibility in order to have caused the loss concerned, but excludes people –

Month-to-month Legs Salary mode 1/twelfth of greater out-of (i) Executive’s annual ft income (leaving out added bonus pay, premium pay, profits, overtime, bonuses and other different varying settlement) like in affect this new date away from a modification of Control Termination otherwise a secure Cancellation, once the appropriate, otherwise (ii) in the case of a change in Manage Termination, Executive’s yearly feet paycheck (excluding bonus pay, superior spend, earnings, overtime, bonuses and other types of adjustable compensation) like in impact on new day out of a change in Control.


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