Month-to-month income function brand new gross number repaid in order to a participant and make a claim not as much as s

Month-to-month income function brand new gross number repaid in order to a participant and make a claim not as much as s

, during the time he or she will get handicapped within the definition out of s. (4), from the boss when you look at the whose apply the burns off occurred or perhaps the disease are developed. Overtime spend might not be noticed element of an employee’s monthly income unless of course brand new worker received they to your a frequent and dependable base.

In the eventuality of an excellent Participant’s Old-age, Disability (in the event that deferrals give it up in line with Part 8.1), demise or a cancellation out-of A position prior to the prevent of an agenda Season, for example year’s Annual Deferral Number should be the real count withheld ahead of such feel.

Manager Costs means the entire settlement (along with yearly retainer and you can conference charge, or no) reduced by the Agency so you’re able to a director into the a season for service toward Panel;

Annual Deferral Count ensures that part of a Participant’s Ft Yearly Income and you may Annual Extra that an associate elects for, and that’s deferred, in line with Post step three, for your you to definitely Bundle Seasons

Break Payment mode a cost to pay good Proponent for the majority of of one’s can cost you the new Proponent had obtain in the developing and you can entry an offer when the the fresh new RFP Techniques is cancelled, as the dependent on the fresh Sponsors according to RFP Part 10.3.3;

Control Charge setting all routine, fundamentally relevant Town-broad charge required by the town to possess operating programs and you may it allows and, however simply for, charge having land use software, strengthening applications, strengthening it permits, and certificates out of occupancy.

Month-to-month Costs means, together, [Type Getting HFS: this new Month-to-month As well as Refreshment Percentage,] this new Monthly System Percentage plus the Monthly Royalty Percentage, all of that is established about Addendum. [Enter Having HFS: “Monthly As well as Refreshment Percentage” mode the fee we require from you when you look at the Subsection 8.2, that is established on the Addendum.]

Month-to-month Salary Rates setting the amount agreed to of the Proprietor you to may be used into Apps getting Fee from the Framework Phase to account fully for the fresh new monthly income can cost you from Contractor’s salaried team assigned to your panels. A monthly Paycheck Price must be built per salaried person and ought to be accepted written down by Holder prior to any App to have Payment for the person. The newest Monthly Income Price is actually for benefits merely and people payments designed for Contractor’s personnel are at the mercy of review to search for the real cost of the earnings and you can allowable workplace benefits incurred from the Builder to possess services did.

Base Settlement function the amount equal to the sum of the (i) the women sudanese greater amount of out of Executive’s following-latest Yearly Legs Paycheck or Executive’s Yearly Feet Income by brand new big date someday prior to the Improvement in Manage, and (ii) an average Incentive Incentive.

The first Monthly Paycheck Rate is included in the Display “G” connected to which Contract

Compensation Fee means an installment, if or not inside financial mode or perhaps in the form of good results or provider, of the otherwise with respect to a keen insurance company so you can an excellent complainant to make up brand new complainant for a verified otherwise estimated economic losings incurred as a result of the insurer’s contravention, non-conformity, step, incapacity to do something, otherwise unjust cures creating the foundation of your own issue, where insurance company allows liability in order to have was the cause of loss concerned, however, excludes one –

Monthly Base Income setting step one/12th of the greater away from (i) Executive’s yearly foot salary (excluding bonus shell out, superior spend, profits, overtime, bonuses or other different varying payment) such as impact on the time from a change in Handle Termination or a protected Termination, as appropriate, or (ii) in the case of a change in Manage Cancellation, Executive’s annual legs income (excluding extra shell out, premium shell out, commissions, overtime, incentives and other forms of adjustable payment) as with affect the brand new day off a modification of Manage.

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