GRATUITY PAYMENT Sample Clauses

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GRATUITY PAYMENT. (1) After the first 3 years of continuous service a practitioner will be paid a lump sum equivalent to twelve weeks’ salary as prescribed in Table 3 – Senior Practitioners – Arrangement B Salary. After each subsequent year of service a practitioner will be paid a lump sum equivalent to four weeks’ salary as prescribed in Table 3 – Senior Practitioners – Arrangement B Salary. (2) (a) A period of service for which a gratuity payment has already been paid will not be counted towards service for the purposes of this clause.
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GRATUITY PAYMENT. All monies provided under sub-paragraph 12:01(2) shall be paid in full to the teacher or in the event of the teacher’s death, to the estate, within one year after retirement or as arranged to the mutual satisfaction of the Board and the employee or in the event of death, the employee’s executor(s) or administrator(s).
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GRATUITY PAYMENT. Shall be payable within two years following date of retirement at the discretion of the Board.
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GRATUITY PAYMENT. Provided that at least one year’s qualifying service has been attained at the date of termination of service, gratuity at the following rates shall be paid in respect of —
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GRATUITY PAYMENT. All monies provided under Article 12:02 shall be paid in full to the Teacher or in the event of the Teacher’s death, to the estate, within one year after retirement or as arranged to the mutual satisfaction of the Board and the Teacher or in the event of death, the Teacher’s executor(s) or administrator(s).
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Related to GRATUITY PAYMENT

  • Advance Payment The right to indemnification conferred in this Article VII shall include the right to be paid or reimbursed by the Company the reasonable expenses incurred by a Person of the type entitled to be indemnified under Section 7.3 who was, is or is threatened to be made a named defendant or respondent in a Proceeding in advance of the final disposition of the Proceeding and without any determination as to the Person’s ultimate entitlement to indemnification; provided, however, that the payment of such expenses incurred by any such Person in advance of the final disposition of a Proceeding shall be made only upon delivery to the Company of a written affirmation by such Person of his or her good faith belief that he has met the standard of conduct necessary for indemnification under Article VII and a written undertaking, by or on behalf of such Person, to repay all amounts so advanced if it shall ultimately be determined that such indemnified Person is not entitled to be indemnified under this Article VII or otherwise.

  • Advance Payments The Employer agrees to issue advance payments of estimated net salary for vacation periods of two (2) or more complete weeks, providing a written request for such advance payment is received from the employee at least six (6) weeks prior to the last pay before the employee’s vacation period commences, and providing the employee has been authorized to proceed on vacation leave for the period concerned. Pay in advance of going on vacation shall be made prior to departure. Any overpayment in respect of such pay advances shall be an immediate first charge against any subsequent pay entitlement and shall be recovered in full prior to any further payment of salary.