Tier Structure Clause Samples

Tier Structure. Adjunct a) Tier 1- Faculty that have taught between 1 and 6 semesters shall be compensated at a minimum rate of $100/ hour. b) Tier 2- Faculty that have taught between 7 and 12 semesters shall be compensated at a minimum rate of $115/hour. c) Tier 3- Faculty that have taught greater than 12 semesters shall be compensated at a minimum rate of $130/hour. Those adjuncts that are hired to work with another, more senior faculty member in the classroom and that do not perform all of the duties of the more senior faculty member shall be paid according to the following schedule: d) Tier 4- Faculty teaching between 1 and 6 semesters shall be compensated at a minimum rate of $80/hour. e) Tier 5-Faculty teaching 7 or more semesters shall be compensated at a minimum rate of $92/hour.
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Tier Structure. MVP divides prescription drugs into 3 tiers to make it easier for you and your doctor to choose the most appropriate, lowest cost drug to treat your condition. Medications are placed into tiers based on their overall value to treat conditions. Each tier has a payment level for covered prescription drugs within that tier. • Tier 1 is the lowest payment choice. It includes drugs selected for their effectiveness and utilization. Many generic drugs have a Tier-1 cost share. • Tier 2 is a mid-range payment choice. It includes drugs selected for their effectiveness and utilization. Many brand drugs have a Tier-2 cost share. • Tier 3 is the highest payment choice. It includes all other covered prescription drugs. It also includes those drugs that are not on the prescription drug formulary and new drugs that are being reviewed for inclusion on the formulary. This tier also includes all covered compounded prescriptions.
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Tier Structure. The parties acknowledge that they do not have control over the tier structure of the plan year configuration of the insurance provider, but do recognize the potential duty to bargain significant impacts caused by such changes.
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Tier Structure. Effective January 1, 2021, the health, dental, and vision plan will move from a 3-Tier employee cost share to a 4-Tier employee cost share as follows.
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Tier Structure. Tier 1 - Any teacher in their first (1st) year through eighteen (18) years of teaching experience.
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Related to Tier Structure

  • Changes to Fee Structure In the event of Listing, the Company and the Advisor shall negotiate in good faith to establish a fee structure appropriate for a perpetual-life entity.

  • Master Feeder Structure If permitted by the 1940 Act, the Board of Trustees, by vote of a majority of the Trustees, and without a Shareholder vote, may cause the Trust or any one or more Series to convert to a master feeder structure (a structure in which a feeder fund invests all of its assets in a master fund, rather than making investments in securities directly) and thereby cause existing Series of the Trust to either become feeders in a master fund, or to become master funds in which other funds are feeders.

  • Group Structure 17.1 The Company does not have any Subsidiary nor has it at any time a member of or the beneficial owner of any shares, securities or other interest in any company or other person.

  • Governance Structure The Academy shall be organized and administered under the direction of the Academy Board and pursuant to the governance structure as set forth in its Bylaws. The Academy’s Board of Directors shall meet at least six times per fiscal year, unless another schedule is mutually agreed upon by the University President or Designee and the Academy.

  • Fee Structure In consideration of Consultant providing services, Municipality shall pay Consultant for Services performed in accordance with Exhibit A – List of Services and Fee Schedule.