Allowances and Additional Payments Clause Samples

Allowances and Additional Payments. (a) Lecturers approved to undertake special projects as determined by the Managing Director will have their annual salary increased as specified below. Current Rate 3.5% from first pay period commencing on or after 2 December 2011 3.5% from first pay period commencing on or after 2 December 2012 4% from the first pay period commencing on or after 2 December 2013 Special Projects $3,648 $3,776 $3,908 $4,064 (b) Lecturers may be transferred to undertake special projects for periods of up to two years with an option for a further 12 months. These lecturers will progress on the lecturing scale as provided in Clause 31 – Progression of this Agreement. At the completion of the project the lecturer will revert to his/her new substantive salary on the lecturing scale.
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Allowances and Additional Payments a) Lecturers approved to undertake special projects, roles and/or responsibilities as determined by the Managing Director will have their annual salary increased as specified below. Current Rate 15 December 2019 15 December 2020 Special Projects $4,475 $4,520 $4,565 b) Lecturers may be transferred to undertake special projects for periods of up to two
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Allowances and Additional Payments. 9.1 Additional Discretionary Payments
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Allowances and Additional Payments. Excess Travelling Time 9.1. Where employees in Bands 5 or below start or finish work away from their normal place of work (i.e. at another establishment) they will be entitled to be paid for excess travel time. Excess travelling time is time in excess of travel from home to the employees normal work location, and is paid at the normal hourly rate. Alternatively excess travel time may be accrued as flex-time. 9.1.1. Payment will be made when the excess time exceeds half an hour per trip. A maximum of five hours per day will be paid. 9.2. Where a Senior Officer is required to travel outside the bandwidth, or are subject to excess travel time, the Managed Time provisions may be utilised to recognise and compensate for the additional hours. An Individual Flexibility Agreement may also be appropriate depending on the circumstances. 9.3. Where employees in Bands 5 or below work at ▇▇▇▇▇ Heights and are required to work at the Camperdown facility, then provided the travel distance between the Camperdown facility and their home is greater than the distance between the ▇▇▇▇▇ Heights facility and their home, the employee(s) will be paid one hours pay at normal time for the additional travel per trip, resulting in 2 hours additional pay per day. 9.4. Payment in accordance with the above clause will only be made when the excess time exceeds 15 minutes per trip. This arrangement also applies in the converse where employees normally stationed at the Camperdown facility are required to work at ▇▇▇▇▇ Heights. 9.5. Employees required to travel on behalf of ANSTO will be reimbursed reasonable costs incurred in that travel. Management requires proof of costs. 9.6. This clause does not apply to travel to and from the usual place of work. 9.7. Conditions applying to employees travelling on ANSTO business or undertaking field work are described in ANSTO travel guidelines as varied from time to time. ANSTO will consult with employees and their chosen representatives regarding any proposed changes to the guidelines. 9.8. Where an employee is temporarily required by management to undertake a higher level role, then the employee will be paid at the Level 1 of the higher classification band. ANSTO may determine a higher level of payment based on the experience and skills of the person undertaking the role and level of payment previously received in the role. 9.9. If the person acting is not required to carry out the full functions of the role then a percentage of the difference betw...
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Allowances and Additional Payments. The list of applicable allowances is set out in Appendix 1 - Allowances. All allowances listed in Table 2 in Appendix 1 - Allowances will increase annually from the first full pay period after 1 July during the life of the Agreement by CPI. However, if in a specific year CPI is negative, no changes will apply to the allowance amounts for that year.
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Related to Allowances and Additional Payments

  • Additional Payments (i) Anything in this Agreement to the contrary notwithstanding, if it is determined that any payment, award, benefit or distribution (or any acceleration of any payment, award, benefit or distribution) by the Company or any entity which effectuates a change in control (or other change in ownership) to or for the benefit of Executive would be subject to the excise tax imposed by Section 4999 of the Code (“EXCESS PARACHUTE PAYMENTS”), or any interest or penalties are incurred by Executive with respect to such excise tax (such excise tax, together with any such interest and penalties, are hereinafter collectively referred to as the “EXCISE TAX”), then the Company shall pay to Executive an additional payment (a “GROSS-UP PAYMENT”) in an amount equal to that required to result in Executive receiving, after application of the Excise Tax, a net amount that would have been received hereunder had the Excise Tax not applied. (ii) Subject to clause (i), all determinations required to be made under this Section, including whether and when a Gross-Up Payment is required, the amount of such Gross-Up Payment and the assumptions to be used in arriving at such determinations, shall be made by a public accounting firm that is selected by the Board (the “ACCOUNTING FIRM”) which shall provide detailed supporting calculations both to the Company and Executive within 15 business days of the receipt of notice from the Company or Executive that there has been a Excess Parachute Payment, or such earlier time as is requested by the Company or Executive (collectively, the “DETERMINATION”). All fees and expenses of the Accounting Firm shall be borne solely by the Company and the Company shall enter into any agreement requested by the Accounting Firm in connection with the performance of the services hereunder. The Gross-Up Payment under SECTION 3.2(c) with respect to any Excess Parachute Payments made to Executive shall be made no later than 30 days following such Excess Parachute Payment. (iii) As a result of the uncertainty in the application of Section 4999 of the Code at the time of the Determination, it is possible that Gross-Up Payments which will not have been made by the Company should have been made (“UNDERPAYMENT”) or Gross-Up Payments will be made by the Company which should not have been made (“OVERPAYMENT”), consistent with the calculations required to be made hereunder. If Executive thereafter is required to make payment of any Excise Tax or additional Excise Tax, the Accounting Firm shall determine the amount of the Underpayment that has occurred and any such Underpayment (together with interest at the rate provided in Section 1274(b)(2)(B) of the Code) shall be promptly paid by the Company to or for the benefit of Executive. If the amount of the Gross-Up Payment exceeds the amount necessary to reimburse Executive for his Excise Tax, the Accounting Firm shall determine the amount of the Overpayment that has been made and any such Overpayment (together with interest at the rate provided in Section 1274(b)(2) of the Code) shall be promptly paid by Executive to or for the benefit of the Company. Executive shall cooperate, to the extent his expenses are reimbursed by the Company, with any reasonable requests by the Company in connection with any contest or disputes with the Internal Revenue Service in connection with the Excise Tax. The Company shall in any event pay any Underpayment due to Executive no later than 15 days after the earlier of (A) the Company’s receipt of Executive’s notice of the amount of related taxes to be paid, or (B) Executive’s remittance of the related taxes to the applicable taxing authority; provided that any reimbursement required under this SECTION 3.2(c) of expenses incurred by Executive due to a tax audit or litigation addressing the existence or amount of a tax liability shall be paid no later than 15 days after the earlier of (X) Executive’s presentation of a statement of any such expense, or (Y) the taxes that are the subject of such contest are remitted to the applicable taxing authority, or where as a result of the audit or contest no taxes are remitted, the date on which the audit is completed or there is a final and nonappealable settlement or other resolution of the contest.

  • No Additional Payments There is no obligation on the part of the Company or any other party to make payments in addition to those made by the Mortgagor;

  • Certain Additional Payments In connection with any assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the L/C Issuer or any Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as appropriate) its full pro rata share of all Loans and participations in Letters of Credit and Swing Line Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c) of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 3.01, 3.04, 3.05 and 11.04 with respect to facts and circumstances occurring prior to the effective date of such assignment); provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Upon request, the Borrower (at its expense) shall execute and deliver a Note to the assignee Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with subsection (d) of this Section.

  • Interest Subsidy and Special Allowance Payments and Rebate Fees The Seller shall be entitled to all Interest Subsidy Payments and Special Allowance Payments on each Additional Loan or Substituted Loan accruing up to but not including the related Subsequent Cutoff Date and shall be responsible for the payment of any rebate fees applicable to such Purchased Loans subject to the related ▇▇▇▇ of Sale accruing up to but not including the related Subsequent Cutoff Date. The Purchaser and the Eligible Lender Trustee on behalf of the Purchaser shall be entitled to all Special Allowance Payments and Interest Subsidy Payments accruing from the related Subsequent Cutoff Date with respect to the Additional Loans or Substituted Loans, and shall be responsible for the payment of any rebate fees applicable to the Additional Loans accruing from the date of the related Subsequent Cutoff Date.

  • PAYMENT OF WAGES AND ALLOWANCES 26:01 Pay Days