NO RETROACTIVITY Clause Samples

The "No Retroactivity" clause establishes that the terms of an agreement or any amendments to it will not apply to events, actions, or obligations that occurred before the effective date of the agreement or change. In practice, this means that any new rules, requirements, or liabilities introduced by the contract only govern future conduct and do not affect past transactions or behaviors. This clause is essential for ensuring fairness and predictability, as it protects parties from being held accountable under standards or obligations that were not in place at the time their actions occurred.
POPULAR SAMPLE Copied 3 times
NO RETROACTIVITY. The Program will not apply retroactively to any purchases of Cisco or ScanSafe products or services prior to the date that Cisco and ScanSafe accept your Security ELA order from your Reseller.
View SourceView Similar (2)
NO RETROACTIVITY. There shall be no retroactive application of the grievance procedure of this Agreement. Grievances which arose under the previous collective bargaining agreement will not be extinguished by the termination of that agreement, if otherwise timely, and can be processed under that agreement in the same manner as if it had not been terminated.
View SourceView Similar (6)
NO RETROACTIVITY. No aspect of this memorandum shall be applied retroactively except if explicitly noted within.
View SourceView Similar (4)
NO RETROACTIVITY. The lump sum payments for the delay in implementation of this Agreement as provided in A./3., and A./6., above, are provided in lieu of retroactive pay adjustments. 11/1 3 Wage Adjustments for Employees on Leave of Absence or Layoff
View SourceView Similar (3)
NO RETROACTIVITY. No aspect of this memorandum shall be applied retroactively except if explicitly noted within. All active employees as of the date of store opening will receive a signing bonus as per the following schedule: • Full-Time: $400.00 • Part-Time $200.00 While it is agreed and understood that the Collective Agreement provides an outline of the benefits covered by the insurance carrier’s benefit plan, questions of eligibility requirements or adjudication under the benefits plan are determined solely by the Insurance Carrier and are not arbitrable under the terms of the Collective Agreement. Following three (3) months service as a full-time employee the following benefit coverage will commence: The Employer agrees to provide all active full-time employees until retirement at no cost, Life Insurance equivalent to one (1x) times an employee's annual earnings to a maximum of three hundred thousand dollars ($300,000.00). The Employer further agrees to provide Life Insurance to retired employees in the amount of two thousand ($2,000.00).
View SourceView Similar (2)
NO RETROACTIVITY. None of the Company Insurance Policies provides for any retrospective premium adjustment, experienced-based liability or loss sharing arrangement affecting any Acquired Company.
View SourceView Similar (2)
NO RETROACTIVITY. There will be no retroactive across-the-board base pay adjustments.
View SourceView Similar (2)
NO RETROACTIVITY. None of the Insurance Policies provides for any retrospective premium adjustment, experienced-based liability or loss sharing arrangement affecting the Company, JTF Holdco or Tylee Holdco.
View Source
NO RETROACTIVITY. For avoidance of doubt, nothing in this Amendment shall be intended to impose any retroactive obligation on any Party.
View Source

Related to NO RETROACTIVITY

  • Retroactivity Except as expressly noted, all the terms and conditions shall be effective from the date of receipt of written notice of ratification or release of award. Provisions which are expressly made retroactive shall apply to all employees in the bargaining unit on or after the date specified. Retroactivity will be paid within four full pay periods (approximately 8 weeks) of the date of ratification or arbitration award. Retroactivity will be on the basis of hours paid. Retroactive pay will be paid on a separate cheque where the existing payroll system allows. Where the existing payroll system does not allow for such separate cheque, the Home may pay retroactivity as part of the regular pay. In such circumstances, the Home undertakes that the rate of income tax on the retroactivity will not change unless the retroactive pay changes the employee’s annual tax bracket. The Home will contact former employees at their last known address on record with the home, with a copy to the bargaining unit, within 30 days of the date of ratification or arbitration award to advise them of their entitlement to retroactivity. Such employees will have a period of sixty (60) days from the date of the notice to claim such retroactivity and, if they fail to make a claim within the sixty (60) day period, their claim will be deemed to be abandoned.

  • Retroactive Pay All employees shall receive full retroactive pay to May 21, 2021 for all hours worked and/or paid. Retroactive pay shall be paid to all employees within thirty (30) calendar days following the date of Union ratification of this Agreement. Retroactive pay will be issued to each employee in the bargaining unit on paycheques that are separate and apart from the employee's normal earnings.

  • Retroactive Effect If patient intends this agreement to cover services rendered before the date it is signed (including, but not limited to, emergency treatment) patient should initial below:

  • 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.

  • For Cause or Without Good Reason If the Executive's employment shall be terminated by the Company for Cause or by the Executive without Good Reason during the Employment Period, the Company shall have no further obligations to the Executive under this Agreement other than pursuant to Sections 7 and 8 hereof, and the obligation to pay to the Executive the Accrued Obligations in cash within 30 days after the Date of Termination and to provide the Other Benefits.