Acting Incumbency Pay Clause Samples

Acting Incumbency Pay. 11.1 Acting incumbency pay in the amount of: (a) five percent (5%) of a Permanent or Term Employee’s regular salary if acting in a salary classification one (1) level higher than the Employee’s normal position, or (b) eight percent (8%) of a Permanent or Term Employee’s regular salary if acting in a salary classification more than one (1) level higher than the Employee’s normal position, shall be paid when an Employee is assigned by the Employer to perform the principal responsibilities of a position with a higher classification than that of the Employee’s position. The Employee must be assigned for a minimum period of one (1) work day to qualify for acting incumbency pay during which time the employee may also be required to perform some of the duties of their regular position. Acting incumbency pay shall apply from the first day the Employee is assigned these duties. An acting incumbency assignment shall normally not exceed one (1) year. Acting provisions shall not apply where an Employee is designated only limited additional duties. 11.2 Only one acting incumbent may be designated as a result of any one Employee’s absence. 11.3 Acting incumbency pay shall be included in pensionable earnings.
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Acting Incumbency Pay. Leave Annual Vacation Leave Benefit Plans Call Back Pay Casual Illness Classificationsand Pay Appendix "A" -Classifications and Pay
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Acting Incumbency Pay. 10.01 Acting incumbency pay in the amount of four to eight percent (4 - 8%), but not to exceed the Base Pay Guidepost for the position in which the Employee is acting, shall be paid when an Employee is assigned by the Employer to perform the principal competencies of a role with a higher base pay guidepost than the Employee’s position. The Employee must be assigned for a minimum period of five (5) consecutive work days to qualify for acting incumbency pay.
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Acting Incumbency Pay. 11.1 Acting incumbency pay in the amount of: (a) five percent (5%) of a Permanent or Term Employee’s regular salary if acting in a salary classification one (1) level higher than the Employee’s normal position, or (b) eight percent (8%) of a Permanent or Term Employee’s regular salary if acting in a salary classification more than one (1) level higher than the Employee’s normal position, shall be paid when an Employee is assigned by the Employer to perform the principal responsibilities of a position with a higher classification than that of the Employee’s position. The Employee must be assigned for a minimum period of five (5) consecutive work days to qualify for acting incumbency pay. Acting incumbency pay shall apply from the first day the Employee is assigned these duties. An acting incumbency assignment shall normally not exceed one (1) year.
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Related to Acting Incumbency Pay

  • Incumbency An incumbency certificate of each Credit Party certified by a secretary or assistant secretary to be true and correct as of the Closing Date.

  • Incumbency Certificate An incumbency certificate of the corporate secretary of each of Seller, certifying the names, true signatures and titles of the representatives duly authorized to request transactions hereunder and to execute the Program Agreements.

  • Incumbency Certificates For each Credit Party, signature and incumbency certificates of the officers of each such Person executing any of the Loan Documents, certified as of the Closing Date by such Person's corporate secretary or an assistant secretary as being true, accurate, correct and complete.

  • Organizational Documents; Incumbency Administrative Agent shall have received (i) sufficient copies of each Organizational Document executed and delivered by each Credit Party, as applicable, and, to the extent applicable, certified as of a recent date by the appropriate governmental official, for each Lender, each dated the Closing Date or a recent date prior thereto; (ii) signature and incumbency certificates of the officers of such Person executing the Credit Documents to which it is a party; (iii) resolutions of the Board of Directors or similar governing body of each Credit Party approving and authorizing the execution, delivery and performance of this Agreement and the other Credit Documents to which it is a party or by which it or its assets may be bound as of the Closing Date, certified as of the Closing Date by its secretary or an assistant secretary as being in full force and effect without modification or amendment; (iv) a good standing certificate from the applicable Governmental Authority of each Credit Party’s jurisdiction of incorporation, organization or formation and in each jurisdiction in which it is qualified as a foreign corporation or other entity to do business, each dated a recent date prior to the Closing Date; and (v) such other documents as Administrative Agent may reasonably request.

  • Resolutions; Incumbency (i) Copies of the resolutions of the board of directors of the Borrower authorizing the transactions contemplated hereby, certified as of the Closing Date by the Secretary or an Assistant Secretary of the Borrower; and (ii) A certificate of the Secretary or Assistant Secretary of the Borrower certifying the names and true signatures of the officers of the Borrower authorized to execute, deliver and perform, as applicable, this Agreement, and all other Loan Documents to be delivered by it hereunder;