Common use of Contractual Increases Clause in Contracts

Contractual Increases. Effective 6/1/08 – 4% Effective 6/1/09 – 4% There will be an additional payment equal to 0.10% payable on the last day of the contract, May 31, 2010, which will support one-time lump sum payment of $1,000 to individuals in staff and classroom assistant titles with twenty-five (25) or more years of service as of that date.