Monthly salary means the brand new terrible matter repaid so you can a person making a claim not as much as s

, at the time he or she gets disabled inside definition from s. (4), by workplace inside whose implement the fresh new burns off occurred and/or condition are developed. Overtime shell out might not be noticed part of an employee’s month-to-month salary unless the fresh employee acquired it on the a frequent and you can dependable foundation.

In the eventuality of a great Participant’s Old-age, Disability (in the event the deferrals give it up in accordance with Point 8.1), demise or a termination regarding A job ahead of the prevent out of an idea 12 months, including year’s Annual Deferral Amount will be the true amount withheld just before eg experiences.

Director Charge form the payment (and annual retainer and you can meeting charge, if any) reduced by the Enterprise to a director inside the a twelve months to own service into the Panel;

Annual Deferral Matter ensures that part of a great Participant’s Ft Yearly Paycheck and Yearly Incentive you to definitely a person elects getting, which will be deferred, relative to Article step three, your one Plan Year

Crack Percentage mode a price to pay an effective Proponent for the majority of one’s will set you back this new Proponent had obtain during the development and you will distribution a proposal if the the latest RFP Processes was terminated, because influenced by the Sponsors prior to RFP Area 10.step 3.3;

Operating Charges form most of the regime, essentially appropriate Town-greater charges necessary for the city to own handling programs and you can permits together with, however simply for, charges to own house play with software, building applications, building permits, and you may licenses away from occupancy.

Monthly Fees mode, together, [Input Having HFS: the newest Monthly As well as Beverage Fee,] the fresh new Month-to-month Program Fee and the Month-to-month Royalty Percentage, all of which is established throughout the Addendum. [Submit For HFS: “Monthly As well as Refreshment Commission” function the fee we need away from you during the Subsection 8.dos, that’s set forth on Addendum.]

Month-to-month Salary Price function the amount agreed to because of the Owner you to may be used on the Programs for Percentage on Structure Phase to help you most beautiful Luzern women account for the fresh new month-to-month paycheck will set you back out of Contractor’s salaried group assigned to the project. A monthly Salary Rate must be built for each salaried individual and should be acknowledged on paper from the Holder before one App for Percentage for the person. The new Monthly Income Speed is actually for comfort only and any costs created for Contractor’s workers are subject to review to choose the genuine price of the earnings and you may allowable workplace efforts sustained because of the Specialist to have characteristics did.

Foot Settlement setting the total amount comparable to the sum (i) the greater out-of Executive’s up coming-latest Annual Base Paycheck otherwise Executive’s Yearly Ft Salary by the fresh new time 1 day prior to the Change in Manage, and (ii) the common Incentive Added bonus.

The initial Monthly Income Speed is roofed when you look at the Showcase “G” linked to it Contract

Compensation Commission form a payment, whether or not from inside the economic mode or even in the form of good results or solution, by otherwise on the behalf of an insurance provider so you’re able to a great complainant in order to compensate the latest complainant to own a verified or projected economic losses incurred due to the insurer’s contravention, non-compliance, step, failure to act, or unjust therapy forming the basis of your own issue, where in fact the insurance company welcomes accountability in order to have was the cause of losings alarmed, however, excludes people –

Month-to-month Legs Paycheck mode step one/twelfth of deeper regarding (i) Executive’s annual feet salary (leaving out added bonus spend, superior spend, commissions, overtime, incentives or any other types of varying payment) like in effect on the fresh go out out of a general change in Handle Cancellation or a secured Cancellation, because applicable, or (ii) in the case of a modification of Control Cancellation, Executive’s annual base income (leaving out bonus pay, superior shell out, commissions, overtime, incentives or other forms of adjustable settlement) as in effect on the fresh new time from a general change in Handle.