Monthly income setting the new gross matter paid so you’re able to an associate while making a declare significantly less than s

, during the time he or she becomes disabled from inside the definition out of s. (4), by workplace inside whoever apply the fresh burns taken place or even the state was contracted. Overtime shell out may possibly not be believed element of an enthusiastic employee’s monthly income unless new employee obtained they for the a frequent and you will reliable basis.

In the event of an excellent Participant’s Advancing years, Disability (if the deferrals quit according to Point 8.1), dying or a termination out-of A career before the avoid regarding an idea Season, for example year’s Annual Deferral Matter would be the real amount withheld before for example enjoy.

Manager Charges setting the total settlement (and additionally yearly retainer and you can fulfilling fees, if any) paid by the Agency to help you a manager from inside the a calendar year to possess service on Board;

Yearly Deferral Matter means that portion of a beneficial Participant’s Legs Annual Income and Yearly Extra you to a participant elects for, which will be deferred, in line with Blog post step 3, for your that Plan Season

Crack Commission mode an expense to compensate a Proponent for almost all of your own will set you back the new Proponent got incurred into the developing and you will submitting an offer if the RFP Process try terminated, given that dependent on new Sponsors in accordance with RFP Part 10.step 3.3;

Control Fees means all regime, fundamentally appropriate City-greater charges necessary for the city getting handling software and you will it permits together with, but not limited by, costs for home play with programs, building software, building it permits, and you may licenses out-of occupancy.

Month-to-month Costs setting, together, [Submit To own HFS: the fresh new Monthly Food and Drink Commission,] the new Monthly System Fee in addition to Monthly Royalty Percentage, each of that is established regarding the Addendum. [Enter For HFS: “Month-to-month As well as Beverage Commission” form the fee we want from you for the Subsection 8.2, that is established on the Addendum.]

Month-to-month Salary Rate mode the total amount offered to of the Manager you to definitely can be used with the Programs getting Commission in the Design Phase to take into account the fresh new monthly salary will set you back of Contractor’s salaried group allotted to your panels. A monthly Paycheck Rates need to be built each salaried people and really should be approved on paper of the Proprietor prior to one App having Percentage for this people. The fresh new Monthly Salary Rate is actually for comfort just and one repayments made for Contractor’s personnel are subject to audit to search for the genuine price of the earnings and allowable employer benefits incurred by the Specialist to own features did.

Feet Compensation mode extent comparable to the sum (i) the greater from Executive’s upcoming-most recent Annual Foot Income otherwise Executive’s Annual Ft Income since new big date someday prior to the Change in Handle, and you may (ii) an average Added bonus Added bonus.

The first Monthly Salary Rate is roofed into the Exhibit “G” connected with which Contract

Compensation Commission mode an installment, whether or not for the economic function or even in the form of good results otherwise service, of the otherwise on behalf of an insurance carrier so you’re able to an excellent complainant to help you make up the fresh complainant having a verified otherwise estimated financial losings incurred because of the insurer’s contravention, non-compliance, dating.com gelinleri action, inability to do something, otherwise unjust cures creating the cornerstone of your ailment, where in fact the insurance provider welcomes accountability for having was the cause of losings alarmed, but excludes one –

Monthly Ft Paycheck function 1/twelfth of one’s better off (i) Executive’s annual foot income (leaving out added bonus pay, advanced pay, commissions, overtime, bonuses or other kinds of variable compensation) as in affect brand new big date from a general change in Control Termination otherwise a safeguarded Cancellation, as the relevant, otherwise (ii) regarding a modification of Manage Termination, Executive’s yearly feet income (leaving out bonus spend, premium pay, commissions, overtime, bonuses or other kinds of varying payment) as in impact on the brand new day out-of a modification of Manage.

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