Progression Steps and Amounts Sample Clauses

The 'Progression Steps and Amounts' clause defines the specific stages or milestones in a project or contract and the corresponding payments or deliverables associated with each stage. Typically, this clause outlines a schedule where, upon completion of certain tasks or reaching predefined benchmarks, a portion of the total payment is released or a particular obligation is fulfilled. For example, a contractor might receive partial payments after completing design, construction, and final inspection phases. This clause ensures that both parties have a clear understanding of when payments or deliverables are due, thereby reducing disputes and aligning expectations throughout the duration of the agreement.
Progression Steps and Amounts. (a) Within each Value Range of Grades 1 to 4 there are progression steps (expressed salary points) as detailed in the table at Schedule B. (b) Within Grades 5 to the Senior Technical Specialist Grade there are standard progression amounts as detailed in the table at Schedule B. The progression amounts are expressed in terms of dollars and are common to all Employees within a given Grade/Value Range. (c) Progression steps or amounts within Value Ranges are not points of defined work value. Progression within the salary structure will not be automatic, consistent with wage fixing principles. (d) Progression between progression steps or amounts will occur when an Employee is assessed at his or her annual performance review as meeting the “progression criteria” outlined in the Employee’s performance plan.
Progression Steps and Amounts. 24.1.1 Within each Value Range of Grades 1 to 4 there are progression steps (expressed as salary points) as detailed in Schedule A.
Progression Steps and Amounts. Within each Value Range of Grades 1 to 4 there are progression steps (expressed salary points) as detailed in the table at Schedule B. Within Grades 5 to the Senior Technical Specialist Grade there are standard progression amounts as detailed in the table at Schedule B. The progression amounts are expressed in terms of dollars and are common to all Employees within a given Grade/Value Range. Progression steps or amounts within Value Ranges are not points of defined work value. Progression within the salary structure will not be automatic, consistent with wage fixing principles. Progression between progression steps or amounts will occur when an Employee is assessed at his or her annual performance review as meeting the “progression criteria” outlined in the Employee’s performance plan. An Employee at the top of their Grade or Value Range will receive a top of Grade or Value Range payment where the Employee is assessed at their annual performance review as meeting the “progression criteria” outlined in the Employee’s performance plan. The top of Grade or Value Range payment will be equal to one per cent of the Employee’s salary as at 30 June of the relevant performance cycle. Top of Grade or Value Range payments will commence from the 2016/17 performance cycle. The performance cycle is twelve months (1 July to 30 June). All Employees must participate in the performance development and review process, including in the development of performance plans and conduct of performance discussions and reviews. The “progression criteria” are to be agreed with each Employee at the start of the performance cycle or upon the Employee’s commencement in a role. The “progression criteria” may be adjusted by agreement during the performance cycle. The “progression criteria” for an individual Employee are to be developed using the performance standards outlined in clause 24.4 (Performance Standards). All Employees can expect informal and formal feedback about their performance throughout the performance cycle with their supervisor or manager. A performance review is undertaken at the end of each performance cycle. The Employee’s performance against the “progression criteria” is assessed by their supervisor or manager at that time. Employees must meet all of the elements of their individual performance plan to be eligible for progression or a top of Grade or Value Range payment. An Employee will be eligible to access progression or a top of Grade or Value Range payment, if the...
Progression Steps and Amounts. 21.1.1 Within each value range of Grades 1 - 4 there are progression steps (expressed as salary points) as detailed in clause 20.5. 21.1.2 Within Grades 5 to the Senior Technical Specialist Grade there are standard progression amounts as detailed in clause 20.5. The progression amounts are expressed in terms of dollars and are common to all Employees within a given Grade/value range. 21.1.3 Progression steps or amounts within value ranges are not points of defined work value. 21.1.4 Progression within the salary structure will not be automatic, consistent with wage fixing principles. Progression between progression steps or amounts will occur when an Employee is assessed at his or her annual performance review as achieving a rating of “Satisfactorily Meets” for each performance standard.
Progression Steps and Amounts. 21.1.1 Within each Value Range of Grades 2 to 4 there are progression steps (expressed as salary points) as detailed in the table at clause 20.1.4.
Progression Steps and Amounts. Within each Value Range of Grades 1 to 4 there are progression steps (expressed as salary points). Within Grades 5 to the Senior Technical Specialist Grade there are standard progression amounts. The progression amounts are expressed in terms of dollars and are common to all Employees within a given Grade/Value Range. Progression steps or amounts within Value Ranges are not points of defined work value. Progression within the new salary structure will not be automatic, consistent with wage fixing principles. Progression between progression steps or amounts will occur when an employee is assessed at their annual performance review as “meeting the progression criteria”. Progression within the salary structure is not automatic, consistent with wage fixing principles. The progression cycle is 12 months (1 July to 30 June). The “progression criteria” are to be agreed with each employee at the start of the performance cycle or upon commencement in a role and can be adjusted by agreement during the progression cycle. The progression criteria for an individual employee are to be developed using the performance standards outlined herein. All employees can expect informal and formal feedback about their performance throughout the performance cycle with their supervisor or manager. A performance review is undertaken at the end of each performance cycle. Performance against the progression criteria is assessed at that time. Employees must meet all elements of their individual performance plans to be eligible for progression. An employee will be eligible to access progression if an employee has been in his or her role for 3 months or more, except in the following circumstances: • Has been appointed on probation and has been in his or her role for less than 6 months at the time the performance review is undertaken. • Has completed a formal underperformance process or is subject to one under Clause 28 Management of Unsatisfactory Work Performance at 30 June; or • Subject to proven misconduct as per Clause 29 Management of Misconduct, during the course of the performance cycle.

Related to Progression Steps and Amounts

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Defined Contribution Plans The Company does not maintain, contribute to or have any liability under (or with respect to) any employee plan which is a tax-qualified "defined contribution plan" (as defined in Section 3(34) of ERISA), whether or not terminated.

  • Historical Performance Information To the extent agreed upon by the parties, the Sub-Advisor will provide the Trust with historical performance information on similarly managed investment companies or for other accounts to be included in the Prospectus or for any other uses permitted by applicable law.

  • ADDITIONAL SPECIAL CONTRACT CONDITIONS Special Contract Conditions revisions: the corresponding subsections of the Special Contract Conditions referenced below are replaced in their entirety with the following:

  • Tax Periods Beginning Before and Ending After the Closing Date The Company or the Purchaser shall prepare or cause to be prepared and file or cause to be filed any Returns of the Company for Tax periods that begin before the Closing Date and end after the Closing Date. To the extent such Taxes are not fully reserved for in the Company’s financial statements, the Sellers shall pay to the Company an amount equal to the unreserved portion of such Taxes that relates to the portion of the Tax period ending on the Closing Date. Such payment, if any, shall be paid by the Sellers within fifteen (15) days after receipt of written notice from the Company or the Purchaser that such Taxes were paid by the Company or the Purchaser for a period beginning prior to the Closing Date. For purposes of this Section, in the case of any Taxes that are imposed on a periodic basis and are payable for a Taxable period that includes (but does not end on) the Closing Date, the portion of such Tax that relates to the portion of such Tax period ending on the Closing Date shall (i) in the case of any Taxes other than Taxes based upon or related to income or receipts, be deemed to be the amount of such Tax for the entire Tax period multiplied by a fraction the numerator of which is the number of days in the Tax period ending on the Closing Date and the denominator of which is the number of days in the entire Tax period (the “Pro Rata Amount”), and (ii) in the case of any Tax based upon or related to income or receipts, be deemed equal to the amount that would be payable if the relevant Tax period ended on the Closing Date. The Sellers shall pay to the Company with the payment of any taxes due hereunder, the Sellers’ Pro Rata Amount of the costs and expenses incurred by the Purchaser or the Company in the preparation and filing of the Tax Returns. Any net operating losses or credits relating to a Tax period that begins before and ends after the Closing Date shall be taken into account as though the relevant Tax period ended on the Closing Date. All determinations necessary to give effect to the foregoing allocations shall be made in a reasonable manner as agreed to by the parties.