Partial Compensation Sample Clauses

Partial Compensation i. When the entitlement to full compensation provided for in Section (b) has been exhausted, each eligible employee shall be entitled to partial compensation at a rate equal to seventy per cent (70%) of the employee’s weekly wage (calculated by multiplying his current wage rate by forty (40) hours) for periods of absences that extend beyond the periods covered by Section (b) provided that the absence is caused by sickness or accident that does not entitle the employee to Workers’ Compensation payments. ii. The payment of partial compensation shall be limited to a maximum of forty (40) hours per calendar week including any stipulated Statutory Holidays occurring during an absence. iii. The periods of partial compensation available shall be governed by the insurance company procedures for a twenty-six (26) week benefit period, starting with the first work day of an accident and the fourth work day of a sickness, and including any part of an absence for which full compensation has been paid under Section b.
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Partial Compensation. If any part if the Demised Premises shall be acquired or condemned by eminent domain for any public or quasi-public purpose, and in the event that such partial taking or condemnation shall render the balance of the Demised Premises unsuitable for the business of the Lessee, then the term of this lease shall cease and terminate as of the date of title vesting in such proceeding and Lessee shall have no claim against Lessor for the value of any unexpired term of this lease. In the event of a partial taking of condemnation which is not extensive enough to render the premises unsuitable for the business of the Lessee, then Lessor shall promptly restore the Demised Premises to a condition comparable to its condition at the time of such condemnation less the portion lost in the taking, and this lease shall continue in full force and effect.
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Partial Compensation. At the Owner’s discretion, the Contractor may receive compensation for materials and products delivered to the site yet not installed providing:
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Partial Compensation. In the event of a purchaser or tenant default in performing under a contract, if ▇▇▇▇▇▇▇ money or similar deposits made by a prospective purchaser or tenant are forfeited, IN ADDITION TO ANY OTHER RIGHTS OF BROKER PURSUANT TO THIS AGREEMENT, BROKER SHALL BE ENTITLED TO ONE-HALF (1/2) THEREOF, BUT NOT TO EXCEED THE TOTAL AMOUNT OF BROKER’S ANTICIPATED COMMISSION.
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Partial Compensation. 1. When the entitlement to full compensation provided for in 3.8 (b) of this schedule has been exhausted, each eligible employee shall be entitled to partial compensation for periods of absences that extend beyond the period covered by
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Related to Partial Compensation

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Total Compensation 5.1. Contractor shall include Total Compensation in ▇▇▇ for each of its five most highly compensated Executives for the preceding fiscal year if: 5.1.1. The total Federal funding authorized to date under the Award is $25,000 or more; and 5.1.2. In the preceding fiscal year, Contractor received: 5.1.2.1. 80% or more of its annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.2.2. $25,000,000 or more in annual gross revenues from Federal procurement contracts and subcontracts and/or Federal financial assistance Awards or Subawards subject to the Transparency Act; and 5.1.3. The public does not have access to information about the compensation of such Executives through periodic reports filed under section 13(a) or 15(d) of the Securities Exchange Act of 1934 (15 U.S.C. 78m(a), 78o(d) or § 6104 of the Internal Revenue Code of 1986.

  • Special Compensation The Company shall pay to the Executive a lump sum equal to three times the sum of (a) the highest per annum base rate of salary in effect with respect to the Executive during the three-year period immediately prior to the termination of employment plus (b) the Highest Bonus Amount. Such lump sum shall be paid by the Company to the Executive within ten business days after the Executive's termination of employment, unless the provisions of Section 3(e) below apply. The amount of the aggregate lump sum provided by this Section 3(c), whether paid immediately or deferred, shall not be counted as compensation for purposes of any other benefit plan or program applicable to the Executive.

  • Annual Compensation The Executive’s “Annual Compensation” for purposes of determining severance payable under this Agreement shall be deemed to mean the sum of (i) the annual rate of Base Salary as of the Date of Termination, and (ii) the cash bonus, if any, earned by the Executive for the calendar year immediately preceding the year in which the Date of Termination occurs.

  • Basic Compensation (a) SALARY. Executive will be paid an annual base salary of $115,000.00, subject to adjustment as provided below (the "Salary"), which will be payable in equal periodic installments according to Employer's customary payroll practices, but no less frequently than monthly. The Salary will be reviewed by the Board of Directors not less frequently than annually, and shall be increased on each anniversary of the Effective Date during the term hereof by an amount equal to not less than ten percent (10%) of the prior year's base salary.