, at the time they becomes disabled during the definition regarding s. (4), by employer in whose apply the latest injury happened and/or disease are contracted. Overtime spend might not be felt section of an employee’s monthly income unless of course this new staff received it into a regular and you will dependable basis.

In case there is a Participant’s Advancing years, Impairment (in the event that deferrals give it up relative to Point 8.1), passing otherwise a cancellation away from A position ahead of the prevent off plans Season, including year’s Yearly Deferral Number are the actual matter withheld just before for example experience.

Director Costs form the full compensation (also yearly retainer and you can conference charge, or no) reduced from the Organization so you can a movie director in a twelve months getting provider into Panel;

Yearly Deferral Amount implies that portion of good Participant’s Feet Yearly Income and you will Yearly Added bonus that a participant elects to possess, which is deferred, relative to Post step three, the one Bundle Seasons

Crack Payment means an expense to compensate an effective Proponent for most of costs the latest Proponent had incurred in developing and you will distribution a proposition if the fresh RFP Processes try terminated, as the determined by miten kysyä kysymyksiä ennen kokousta the fresh Sponsors according to RFP Point ten.step three.3;

Control Costs means all techniques, essentially appropriate City-broad charge necessary for the metropolis to possess running apps and you may it permits including, although not simply for, fees to have homes fool around with programs, building applications, strengthening permits, and you can permits out-of occupancy.

Month-to-month Costs mode, together, [Input Having HFS: new Monthly As well as Refreshment Commission,] the Monthly System Commission and Month-to-month Royalty Payment, all of that’s established in the Addendum. [Insert To possess HFS: “Month-to-month Food and Beverage Percentage” function the price tag we are in need of from you inside Subsection 8.dos, which is set forth in the Addendum.]

Monthly Income Rate means the amount agreed to from the Owner one can be utilized towards Apps getting Payment regarding Framework Phase to make up the newest month-to-month paycheck will cost you off Contractor’s salaried team allotted to your panels. A monthly Income Rates must be centered for each salaried person and ought to feel recognized in writing from the Manager ahead of any App to own Percentage for this individual. The new Monthly Income Speed is actually for comfort only and you may people costs created for Contractor’s personnel are subject to review to find the real cost of the income and you can allowable workplace contributions obtain because of the Builder having qualities did.

Ft Compensation setting the amount equal to the sum of the (i) more out-of Executive’s next-newest Yearly Ft Paycheck otherwise Executive’s Yearly Feet Income as of the brand new go out someday before the Improvement in Handle, and you will (ii) the common Added bonus Extra.

The initial Monthly Salary Speed is included inside Showcase “G” connected with it Arrangement

Payment Payment form a cost, whether or not into the monetary means or perhaps in the type of an advantage or provider, by the otherwise with respect to a keen insurance company to good complainant in order to make up the complainant getting a verified otherwise estimated monetary loss sustained considering the insurer’s contravention, non-conformity, action, inability to behave, or unjust treatment building the basis of one’s problem, where the insurance carrier allows accountability in order to have caused the losses alarmed, however, excludes people –

Month-to-month Foot Salary setting step 1/12th of higher out-of (i) Executive’s yearly feet income (excluding incentive spend, premium pay, commissions, overtime, incentives and other types of variable payment) as with affect the brand new go out from a modification of Control Cancellation otherwise a shielded Termination, because applicable, otherwise (ii) regarding a general change in Handle Cancellation, Executive’s yearly feet paycheck (excluding incentive spend, advanced spend, profits, overtime, bonuses or other types of changeable settlement) as with effect on the newest big date out-of a change in Handle.