Computation of Compensation Clause Samples

Computation of Compensation. Compensation from the District during the sabbatical shall be at a rate of 90 percent of the employee’s annual salary rate divided by 175 multiplied by the number of days requested and approved. The number of days shall be as specified on the academic year calendar for the quarter(s) requested. During the term of the leave, faculty members shall receive salary increases they would have received if they were not on sabbatical.
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Computation of Compensation. (a) Faculty receiving stipends for departmental leadership and other non-teaching responsibilities shall be as identified in District Policy 1913.1 and as listed in Appendix “C” of that policy. The formula for determining compensation for non-instructional departmental and institutional leadership is set forth in District Policy 1913.1 and the Department Chair Stipend Worksheet and the Faculty Leadership Stipend Worksheet. In essence, the formula involves multiplying the load factor for each position by the dollar multiplier set forth below. Department Chair load factors related to the number of full or part-time faculty in a department; the number of classified personnel in a department; or the number of department TLUs shall be computed and updated annually by the Office of Educational Programs each fall semester for the academic year. Department chair stipends shall be paid in equal monthly installments from October until June of each academic year. Other stipends will be paid in equal monthly installments from September through June of each academic year. If an additional summer session or winter intersession is added, leadership compensation would be increased by twenty percent. (b) The dollar multiplier for department chair stipends is equal to 0.419% of Class II Step I of the full time faculty salary schedule. (c) The dollar multiplier for non-instructional and institutional leadership (except for hourly and assistant coaches and the department chair stipend) is equal to 0.35% of Class II Step I of the full time faculty schedule. (d) The dollar multiplier for hourly coaches is equal to 0.261% of class II, Step 1 of the full time faculty salary schedule. (e) Those positions compensated by extra days or base load assignments are set forth in Appendix “C” of District Policy 1913.1. (f) In lieu of receiving all or part of the leadership and/or non-teaching compensation in the form of a stipend, the faculty member may, in conformance with District policy, use stipend proceeds to: Reduce his/her teaching load by purchasing release time at the prevailing hourly instructor TLU cost. Share compensation with department faculty for shared or delegated leadership or support service responsibilities. Hire additional student worker assistance.
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Computation of Compensation. Eligible employees shall receive a minimum of one (1) hour of overtime at the rate of one and one half his/her normal rate of pay for each day of On Call Duty actually worked under the following conditions: 1. Actual overtime hours worked in excess of the one (1) hour of On Call Compensation shall be shall be paid at one and one half the employees normal rate of pay, and shall be rounded up to the nearest one quarter hour. 2. Compensation shall be computed based on the time the employee receives the call to report back to work and ending with the employee’s departure from the work site or scene. The employee’s normal place of work shall be considered as the work site when appropriate. 3. An employee scheduled to perform On Call Duty shall not be eligible for vacation leave during his or her tour of duty without first obtaining written permission from his/her supervisor a minimum of two work weeks in advance. Under no circumstance shall an employee be allowed to split their tour of duty, any and all substitution shall be for an entire tour of duty.
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Computation of Compensation. The Independent Contractor shall be entitled to payment of commissions at % percent of the gross commissions realized by the Travel Business for sales of travel and travel services by the Independent Contractor named in this agreement. It is understood that any and all expenses and costs of these sales shall be borne by the Independent Contractor unless agreed to in writing and signed by both parties to this agreement. Commission overrides and bonus commissions for volume sales received by the Travel Business are the sole property of the Travel Business unless an agreement is made to share in these amounts signed by both parties.
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Computation of Compensation. The payment to be made pursuant to Paragraph 3.0 shall be subject to the following terms and conditions:
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Related to Computation of Compensation

  • Reduction of Compensation If the Firm fails to meet the submission date by less than thirty days for the draft report and/or working papers submitted to the Office of the State Auditor for review and approval or by less than thirty days from the completion date for the final reports and/or corrections to the working papers prescribed herein, the District may, with the consent of the Office of the State Auditor, reduce the agreed compensation by an amount not to exceed ten percent of the total contract price for the applicable fiscal year. If reports and/or corrections to the working papers are overdue by 30 days or more, the District may reduce, with the consent of the Office of the State Auditor, the agreed compensation by an amount not to exceed twenty percent of the total contract price for the Rev. 10/20 applicable fiscal year.

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

  • Basis of Compensation The Owner shall compensate the Architect/Engineer for the services provided in accordance with Article 7. Payments to the Architect/Engineer shall be as follows:

  • Compensation of Consultant Town agrees to pay to Consultant for satisfactory completion of all services included in this Agreement a total fee of Fifty Thousand ($50,000.00) for the Project as set forth and described in Exhibit B - Compensation Schedule and incorporated herein as if written word for word. Lump sum fees shall be billed monthly based on the percentage of completion. Hourly not to exceed fees shall be billed monthly based on hours of work that have been completed. Direct Costs for expenses such as mileage, copies, scans, sub- consultants, and similar costs are included in fees and shall be billed as completed. Consultant agrees to submit statements to Town for professional services no more than once per month. These statements will be based upon Consultant's actual services performed and reimbursable expenses incurred, if any, and Town shall endeavor to make prompt payments. Each statement submitted by Consultant to Town shall be reasonably itemized to show the amount of work performed during that period. If Town fails to pay Consultant within sixty (60) calendar days of the receipt of Consultant's invoice, Consultant may, after giving ten (10) days written notice to Town, suspend professional services until paid. Nothing contained in this Agreement shall require Town to pay for any work that is unsatisfactory as reasonably determined by Town or which is not submitted in compliance with the terms of this Agreement. The Scope of Services shall be strictly limited. Town shall not be required to pay any amount in excess of the original proposed amount unless Town shall have approved in writing in advance (prior to the performance of additional work) the payment of additional amounts.

  • Special Compensation The Company shall pay to the Executive a lump sum equal to three times the sum of (a) the highest per annum base rate of salary in effect with respect to the Executive during the three-year period immediately prior to the termination of employment plus (b) the Highest Bonus Amount. Such lump sum shall be paid by the Company to the Executive within ten business days after the Executive's termination of employment, unless the provisions of Section 3(e) below apply. The amount of the aggregate lump sum provided by this Section 3(c), whether paid immediately or deferred, shall not be counted as compensation for purposes of any other benefit plan or program applicable to the Executive.