Effective Date of Salary Increase Sample Clauses

The "Effective Date of Salary Increase" clause establishes the specific date on which an employee’s new, higher salary will begin to apply. Typically, this clause clarifies whether the salary adjustment is retroactive to a past date, effective immediately, or set for a future date, and may reference events such as performance reviews or the completion of a probationary period. Its core function is to provide clear timing for when the increased compensation takes effect, thereby preventing misunderstandings or disputes regarding pay changes.
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Effective Date of Salary Increase. A. Notwithstanding any other provisions contained in this MOU, changes to the salary range and salary related benefit changes are effective on the first day of the payroll period closest to the effective date stated herein. If the effective date falls on the Sunday in the middle of the pay period, the effective date shall be the first day of the following payroll period.
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Effective Date of Salary Increase. 1. When the previous academic year's teacher evaluations are not finalized prior to the beginning of the current academic year, the salary increase is retroactive to the beginning of the current academic year.
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Effective Date of Salary Increase. 1. The salary increases under this Agreement for eligible teachers shall be retroactive to the beginning of the 2024-2025 contract year with retroactive payment made following ratification of this AgreementWhen the previous academic year's teacher evaluations are not finalized prior to the beginning of the current academic year, the salary increase is retroactive to the beginning of the current academic year.
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Effective Date of Salary Increase. The effective date of the salary increase shall be August 1, 2002.
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Related to Effective Date of Salary Increase

  • Salary Increase All State salary increases or reductions provided to the district during this contract will be provided to all employees.

  • Salary Increases The Employer agrees to pay the negotiated salary increases to every employee not later than the month following the month in which this Agreement is signed and not later than the month following the month in which any subsequent salary increases become effective.

  • Salary Increments The Employer may grant an increment for meritorious service after an Employee has served for a period of twelve (12) months following the day established in Article 25.07 or twelve (12) months following the date of a change in his rate of compensation as established in Articles 25.04, 25.05, or 25.06.

  • Effective Date of Agreement; Termination (a) This Agreement shall become effective when the parties hereto have executed and delivered this Agreement. (b) The Representative may terminate this Agreement at any time at or prior to the Time of Purchase, by notice to the Company, if (1) since the time of execution of this Agreement or the earlier respective dates as of which information is given in the Registration Statement, the Disclosure Package and the Prospectus, there shall have been any Material Adverse Effect, in the sole judgment of the Representative, so material and adverse as to make it impractical or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (2) since the time of execution of this Agreement, there shall have occurred: (A) a suspension or material limitation in trading in securities generally on the NYSE, the NYSE American or Nasdaq, or the establishment by the Commission or FINRA of minimum or maximum prices on any of such stock exchanges, (B) a suspension or material limitation in trading in the Company’s securities on Nasdaq, (C) a general moratorium on commercial banking activities declared by either federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in the United States, (D) an outbreak or escalation of hostilities or acts of terrorism involving the United States or a declaration by the United States of a national emergency or war or any other calamity or crisis or any change in financial, political or economic conditions in the United States or elsewhere if the effect of any such event specified in this clause (D), in the sole judgment of the Representative, makes it impracticable or inadvisable to proceed with the completion of the Offering of Securities contemplated by this Agreement or to enforce contracts for the sale of such Securities, or (E) the Company is in material breach of any of its representations, warranties or covenants hereunder. (c) In the event of any termination under Section 6(b) hereof, neither party will have any liability to the other party hereto, except as set forth in Section 4 hereof, and provided further that the provisions of Sections 2, 8, 11, 12 and 13 hereof shall remain in effect.

  • Effective Date of Increase Price increases shall be effective upon final approval by the State, and may not be posted on the pricelist prior to receipt of final approval.