Monthly paycheck means the brand new gross matter paid back in order to a person and then make a declare under s

, during the time she or he becomes disabled into the meaning of s. (4), from the employer when you look at the whose apply the newest burns happened or even the state are developed. Overtime shell out may possibly not be felt section of an employee’s month-to-month income until the fresh personnel acquired it with the a normal and dependable base.

In case of a great Participant’s Old age, Impairment (in the event that deferrals cease prior to Area 8.1), death otherwise a termination regarding A career before the end away from plans Season, particularly year’s Yearly Deferral Number are the true amount withheld before such skills.

Manager Charges form the payment (together with annual retainer and you can fulfilling charges, or no) paid off of the Agency to help you a movie director in the a calendar year to have provider with the Board;

Yearly Deferral Amount implies that portion of good Participant’s Base Annual Paycheck and you can Annual Extra you to a person elects to own, which can be deferred, in line with Article step 3, for any that Bundle Season

Split Percentage form an amount to pay a beneficial Proponent for most of will cost you the fresh new Proponent had incurred into the developing and you will entry an offer in the event that brand new RFP Processes try terminated, while the influenced by the brand new Sponsors in accordance with RFP Area ten.step three.3;

Operating Fees form all regimen, basically appropriate Area-greater charges required by the city for processing applications and permits including, yet not restricted to, fees to possess homes use programs, building apps, building it permits, and certificates off occupancy.

Month-to-month Costs function, together, [Input To own HFS: this new Month-to-month Food and Refreshment Commission,] the newest Month-to-month Program Commission while the Month-to-month Royalty Commission, each one of that’s established on Addendum. [Input To own HFS: “Month-to-month As well as Refreshment Payment” means the fee we truly need away from you into the Subsection 8.2, that’s set forth throughout the Addendum.]

Monthly Paycheck Speed mode the total amount offered to from the Proprietor one to can be used to the Apps to own Fee regarding Structure Stage in order to account for new month-to-month income costs off Contractor’s salaried professionals allotted to your panels. A month-to-month Paycheck Rates should be centered for each salaried people and must feel acknowledged in writing because of the Holder prior to one App to possess Payment for this person. The new Monthly Income Rate is for comfort merely and any repayments designed for Contractor’s workers are at the mercy of audit to search for the real price of the income and you may deductible manager benefits sustained because of the Builder to own characteristics performed.

Base Payment function the total amount equivalent to the sum (i) the greater number of of Executive’s following-most recent Yearly Feet Income otherwise Executive’s Annual Ft Income at the time of the latest go out someday before the Change in Handle, and you will (ii) the common Incentive Incentive.

The initial Month-to-month Income Price is roofed in Display “G” connected with so it Arrangement

Payment Commission setting a payment, if or not in monetary setting latamdate dato or in the form of a benefit otherwise provider, by otherwise on behalf of a keen insurance provider to help you a great complainant to compensate the fresh complainant to possess a proven otherwise estimated financial losings incurred due to the insurer’s contravention, non-conformity, action, inability to do something, or unfair therapy forming the foundation of one’s grievance, in which the insurance provider accepts accountability for having was the cause of losings worried, however, excludes people –

Monthly Feet Paycheck means 1/12th of one’s higher from (i) Executive’s annual legs paycheck (leaving out extra shell out, premium pay, income, overtime, bonuses and other kinds of adjustable settlement) such as impact on the new day regarding a general change in Control Termination otherwise a secured Cancellation, because the relevant, or (ii) when it comes to a modification of Manage Termination, Executive’s yearly ft income (leaving out bonus spend, premium pay, earnings, overtime, incentives or other kinds of changeable settlement) as with impact on the latest time off a general change in Control.