Month-to-month income means this new terrible matter reduced so you can a person while making a state less than s

Month-to-month income means this new terrible matter reduced so you can a person while making a state less than s

, during the time they gets disabled inside definition from s. (4), from the company into the whose employ the latest burns off took place or perhaps the disease try contracted. Overtime shell out may possibly not be noticed part of a keen employee’s month-to-month paycheck unless the fresh new personnel obtained they to the a regular and trustworthy foundation.

In case of good Participant’s Senior years, Disability (if deferrals cease prior to Section 8.1), dying or a cancellation regarding A job ahead of the stop of an agenda Seasons, such year’s Yearly Deferral Count should be the real count withheld just before such as for instance skills.

Director Charge function the complete settlement (also annual retainer and you may conference fees, if any) repaid of the Firm so you can a movie director for the a calendar year to own services on Board;

Annual Deferral Amount means that percentage of a good Participant’s Legs Annual Paycheck and you can Yearly Extra you to a participant elects for, which is deferred, prior to Article 3, for all the you to Plan Year

Crack Percentage mode an expense to compensate a great Proponent for almost all of will set you back the fresh Proponent got incurred for the developing and you may distribution an offer when the the latest RFP Process is cancelled, because influenced by the newest Sponsors in i̇mmagrasyon evli̇li̇ği̇ line with RFP Part ten.3.3;

Handling Charges form all of the regimen, essentially relevant Area-greater charges necessary for the town for handling programs and you can it allows plus, yet not limited by, costs to have property explore programs, building programs, building it allows, and you can permits of occupancy.

Monthly Fees mode, with each other, [Insert Getting HFS: the fresh Month-to-month As well as Drink Commission,] the Month-to-month Program Percentage in addition to Month-to-month Royalty Payment, all of that’s set forth regarding Addendum. [Insert Having HFS: “Month-to-month As well as Drink Payment” mode the price we want away from you inside Subsection 8.dos, that’s set forth regarding Addendum.]

Month-to-month Income Rate function the total amount accessible to of the Manager you to definitely can be used for the Applications having Fee regarding the Build Phase to account fully for new monthly paycheck can cost you away from Contractor’s salaried staff allotted to the project. A monthly Salary Price need to be built per salaried person and must be accepted written down by Manager before people Application having Fee for this person. The brand new Month-to-month Salary Rate is for comfort merely and you can people money made for Contractor’s personnel are at the mercy of audit to search for the real price of the earnings and you may allowable company efforts obtain by Contractor to own features did.

Base Settlement setting the amount comparable to the sum of the (i) the greater of Executive’s after that-most recent Yearly Base Paycheck or Executive’s Annual Foot Salary since brand new go out eventually prior to the Improvement in Handle, and (ii) the common Added bonus Added bonus.

The initial Month-to-month Income Price is included in the Display “G” connected to which Contract

Compensation Commission mode a payment, whether during the financial mode or even in the form of a benefit otherwise services, because of the otherwise on the part of an insurance company so you can an effective complainant so you can compensate brand new complainant to own a verified or projected financial losses sustained considering the insurer’s contravention, non-conformity, step, incapacity to behave, otherwise unfair medication forming the basis of your own issue, the spot where the insurance company allows liability in order to have caused the loss worried, however, excludes any –

Monthly Legs Salary means step 1/twelfth of your greater out of (i) Executive’s yearly legs income (leaving out incentive spend, advanced spend, profits, overtime, bonuses or other different adjustable compensation) as with influence on new date away from a general change in Handle Cancellation otherwise a shielded Termination, once the applicable, or (ii) in the case of a general change in Handle Termination, Executive’s annual feet income (leaving out added bonus pay, premium pay, profits, overtime, bonuses and other types of changeable settlement) as in influence on the brand new date away from a general change in Control.