Monthly income form this new terrible matter paid back to help you an associate to make a claim below s

, at the time he/she will get handicapped during the meaning off s. (4), from the employer into the whoever implement the newest burns happened or even the problem is contracted. Overtime spend may not be believed section of an enthusiastic employee’s month-to-month salary until new personnel gotten it into the a consistent and you may dependable foundation.

In the event of good Participant’s Later years, Disability (in the event that deferrals cease prior to Part 8.1), death or a cancellation of A career before the avoid away from a plan Season, for example year’s Annual Deferral Amount might be the real count withheld just before such as for example skills.

Movie director Charges setting the full payment (and additionally annual retainer and you can meeting charges, if any) paid because of the Company to a manager when you look at the a calendar year to own service into Panel;

Yearly Deferral Count means part of a good Participant’s Ft Yearly Salary and you will Yearly Extra that an associate elects getting, and is deferred, in line with Blog post step three, for all the that Bundle Season

Crack Payment means a cost to pay good Proponent for many of your will set you back new Proponent had incurred when you look at the development and you can submission an offer if the newest RFP Techniques try cancelled, as determined by new Sponsors prior to RFP Section 10.step 3.3;

Operating Costs means every regimen, basically appropriate Area-large charges required by the city to have handling apps and it allows also, but not simply for, charges having land fool around with software, building programs, building permits, and you will licenses of occupancy.

Monthly Charge mode, collectively, [Insert For HFS: brand new Monthly Food and Drink Payment,] the brand new Monthly Program Commission therefore the Monthly Royalty Percentage, all of that is established on the Addendum. [Input To have HFS: “Month-to-month Food and Beverage Payment” function the fee we need away from you during the Subsection 8.2, that is set forth on Addendum.]

Month-to-month Salary Rate mode extent provided to because of the Manager one may be used on the Apps to have Payment about Design Stage to help you take into account the fresh month-to-month salary will set you back from Contractor’s salaried group allotted to your panels. A monthly Paycheck Price must be based each salaried people and may feel recognized on paper by the Holder before one Software getting Payment for this person. This new Monthly Income Price is for comfort only and one repayments made for Contractor’s personnel are at the mercy of review to search for the genuine cost of the earnings and you can deductible boss contributions incurred because of the Builder to possess qualities did.

Legs Settlement mode the quantity equal to the sum (i) the greater number of away from Executive’s following-latest Annual Foot Paycheck or Executive’s Annual Feet Salary at the time of the brand new time someday before the Improvement in Handle, and you may (ii) the common Extra Incentive.

The original Month-to-month Paycheck Price is included into the Exhibit “G” attached to which Arrangement

Payment Commission means an installment, if from inside the monetary setting or even in the form of good results otherwise solution, of the or on behalf of an enthusiastic insurance carrier so you’re able to a great complainant in order to make up new complainant to own a verified otherwise projected monetary losses obtain because of the insurer’s contravention, non-conformity, step, incapacity to act, otherwise unjust cures developing the cornerstone of your complaint, where in actuality the insurer allows accountability in https://kissbrides.com/tr/eastmeeteast-inceleme/ order to have was the cause of losses concerned, however, excludes one –

Month-to-month Ft Income form step one/twelfth of your deeper regarding (i) Executive’s yearly ft salary (leaving out bonus spend, advanced shell out, income, overtime, bonuses and other different adjustable compensation) such as impact on brand new day from a modification of Handle Termination otherwise a secure Termination, while the applicable, or (ii) regarding a general change in Control Termination, Executive’s yearly feet paycheck (leaving out bonus shell out, premium spend, profits, overtime, bonuses and other different changeable compensation) such as impact on the new time of a change in Handle.