Increased Compensation Clause Samples
The Increased Compensation clause establishes the conditions under which a party is entitled to receive additional payment beyond the originally agreed amount. Typically, this clause applies when there are changes in the scope of work, unforeseen circumstances, or regulatory changes that increase costs. Its core function is to ensure that parties are fairly compensated for extra work or expenses, thereby preventing disputes over payment adjustments and maintaining fairness in contractual relationships.
Increased Compensation. Increased or promised to increase the compensation or fringe benefits of any executive employee of the Business, or instituted any general wage increase applicable to employees of the Business, or any specified sub-group of employees of the Business; or
Increased Compensation. Any increase in the rate or terms of ---------------------- compensation payable or to become payable by the Company to its directors, officers or key employees; any increase in the rate or terms of any bonus, insurance, pension or other employee benefit plan, payment or arrangement made to, for or with any such directors, officers or key employees; any special bonus or remuneration paid; or any written employment contract executed or amended;
Increased Compensation. The Labour Court may require an employer to pay to the employee increased wage delay compensation as it may deem just in the circumstances of the case.
Increased Compensation. The first two sentences of Section 2.0 of the Agreement (page 2, “Commencement and Compensation for Services”, also labeled as Section 3.0) are hereby amended in their entirety to read as follows:
Increased Compensation. The compensation set forth in this Paragraph (a) shall be increased by mutual agreement of the parties, under the following circumstances:
1. Increase in Labor Costs – Prior to Term of Agreement
a) A new collective bargaining agreement goes into effector prior to the Term of this Agreement;
b) The new collective bargaining agreement results in an increase in labor costs; and
c) The Parties shall negotiate in good faith to mutually agree upon an Amended Exhibit B to reflect the increase in compensation, provided, however, that any adjustment to the Unit Hour Price shall not be less than the Bureau of Labor Statistics’ Consumer Price Index for Riverside-San Bernardino – Ontario CPI-U, for the most recent twelve month period preceding the effective date of the new collective bargaining agreement.
Increased Compensation. 1. Nothing in this contract shall preclude Temple from making additional compensation awards to members of the bargaining unit when Temple deems such additional awards to be in the best interest of the university; and such additional awards shall not be subject to grievance.
2. There shall be an annual salary adjustment pool of a minimum of $100,000 per year. Bargaining unit members may make written application to the ▇▇▇▇ of their School or College for salary adjustment for any reason at any time. The ▇▇▇▇ shall inform the applicant of their recommendation in writing within sixty (60) days.
3. If an applicant disagrees with the ▇▇▇▇’▇ recommendation, the applicant may request to review the matter with the Vice ▇▇▇▇▇▇▇ for Faculty Development and Faculty Affairs or other designee of the ▇▇▇▇▇▇▇.
4. In the event that a salary increase or award is given, Temple shall inform TAUP in writing within ten (10) days of the decision.
Increased Compensation. Except as set forth on Schedule 3.1 ---------------------- ------------ (t)
Increased Compensation. 9 ---------------------- 2.24.5 Expenditures..................................................... 9 ------------ 2.24.6 Accounting Changes............................................... 9 ------------------ 2.24.7 Sales of Stock................................................... 9 -------------- 2.24.8 Options.......................................................... 9 -------
Increased Compensation. The second sentence of Section 2.1 of the Agreement is hereby amended in its entirety to read as follows: Compensation to be paid hereunder shall not exceed Eighty Thousand Three Hundred Ninety-Two Dollars and Seven Cents ($80,392.07) unless a larger amount is agreed to by and between the Parties in accordance with the amendment requirements of this Agreement.
Increased Compensation. Granted any general increase in the ---------------------- compensation of officers or employees (including any such increase pursuant to any bonus, pension, profit sharing or other plan or commitment) or any increase in the compensation payable or to become payable to any officer or employee;