Sentences with phrase «year maximum contract»

That 2 - year maximum contract term is a result of U.S. labor law.

The Clippers were expected to re-sign him to a five - year maximum contract this summer, but he surprised the league by agreeing to terms with Dallas early in free agency.

Not exact matches

The code effectively makes three - year contracts moot by requiring carriers to divide up the cost of customers» phone subsidies over a maximum of 24 months.

Maximum contracts vary in value depending on the years of experience a player has.

With Dion Waiters out of the picture, the Thunder have the cap space to renegotiate Westbrook's contract, which is currently set to pay him $ 17.77 million, up to the current maximum contract for a player with his years of service, which is $ 26.54 million.

We adjusted the contract and extended it for five years, which is the maximum possible.»

«Though they can not formally make an offer until Wednesday, sources say that the Cavs for months have planned to extend a five - year, maximum contract for Love in excess of $ 110 million despite his shoulder and back injuries last season.»

He signed a two - year, $ 54 million contract with a player option for the second year — one he is expected to decline in order to re-sign with the Warriors for a maximum contract.

Wallace admits that the resulting five - player trade, which brought underachieving Vin Baker to Boston, was «a calculated risk,» because the four years and $ 32 million left on Baker's contract gives the team a third player at maximum salary and restricts its ability to make a major trade until at least the 2005 - 06 season.

He's got 2 years left in his contract, # 30 millions is totally the MAXIMUM that ANYONE will pay (the likes of PSG, City).

Jimmy Butler, Chicago Bulls finalizing a five - year, $ 95M maximum contract with player option after four years, league sources tell Yahoo.

In order to secure that lucrative contract, Durant would likely sign a one - year contract with the Thunder at the maximum salary and then pursue a long - term deal after the» 16 - ’17 season.

Notwithstanding the foregoing provisions, but subject to such requirements as the legislature shall impose by general or special law, indebtedness contracted by any county, city, town, village or school district and each portion thereof from time to time contracted for any object or purpose for which indebtedness may be contracted may also be financed by sinking fund bonds with a maximum maturity of fifty years, which shall be redeemed through annual contributions to sinking funds established by such county, city, town, village or school district, provided, however, that each such annual contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of the contribution, the same amount of such indebtedness as would have been paid and then be payable if such indebtedness had been financed entirely by the issuance of serial bonds, except, if an issue of sinking fund bonds is combined for sale with an issue of serial bonds, for the same object or purpose, then the amount of each annual sinking fund contribution shall be at least equal to the amount required, if any, to enable the sinking fund to redeem, on the date of each such annual contribution, (i) the amount which would be required to be paid annually if such indebtedness had been issued entirely as serial bonds, less (ii) the amount of indebtedness, if any, to be paid during such year on the portion of such indebtedness actually issued as serial bonds.

In 2010, Chief Salzmann received a lump sum buyout payment of $ 3,100 for 37 vacation days although his employment contract only entitled him to convert a maximum of 30 vacation days per year for pay.

Scientists whose contracts as scientific or artistic assistants are due to expire and who have already reached the maximum term limit are eligible for temporary contracts for up to 3 years as a transitional measure.

Up until 2 years ago, federal law allowed an employer give an individual a temporary contract for a maximum of 5 years; after that period, the employee had to be offered a permanent position or leave.

The District also seeks the ability to do two, one - year contract extensions with the selected contractors in order to develop a sustained training program for maximum impact.

In addition to these increased standards, a charter contract in Illinois must be renewed at maximum every five years.

(j) For a given soybean crop year ending August 31 and a given Soybean Meal futures delivery territory except the Central Territory, when the weekly (as of Friday) cumulative average ratio of outstanding Soybean Meal Shipping Certificates to CBOT maximum 24 hour Soybean Meal production capacity within that Soybean Meal futures delivery territory, relative to that ratio for the combined remaining Soybean Meal territories, is greater than or equal to 2.0, payment for Shipping Certificates issued from that territory will be at a discount of $.50 per ton under contract price in addition to the territorial delivery differential adjustment.

Retirement Gateway ® contains a Contingent Withdrawal Charge that when applicable, will not exceed a maximum of 6 % of the amount withdrawn nor be applied for longer than five years from the Contract Date.

Homebuyers must qualify for mortgage insurance and a maximum mortgage at an interest rate the greater of their contract mortgage rate or the Bank of Canada's conventional five - year fixed posted rate.

The contract term, 15 or 30 years, is the maximum amount of time you have to pay it.

If the maximum transfer amount has been transferred in both of the two prior contract years, the remaining value of the fixed account may be transferred the next contract year.

If the transfer restriction is imposed, then transfers from the 1 - Year Fixed Account in the first contract year may not exceed one - third of the value of the fixed account; if the maximum transfer amount has been transferred in the previous contract year, in the following contract year transfers may not exceed one - half of the value of the fixed accoYear Fixed Account in the first contract year may not exceed one - third of the value of the fixed account; if the maximum transfer amount has been transferred in the previous contract year, in the following contract year transfers may not exceed one - half of the value of the fixed accoyear may not exceed one - third of the value of the fixed account; if the maximum transfer amount has been transferred in the previous contract year, in the following contract year transfers may not exceed one - half of the value of the fixed accoyear, in the following contract year transfers may not exceed one - half of the value of the fixed accoyear transfers may not exceed one - half of the value of the fixed account.

Select up to a maximum of 99 investments and adjust options or allocations up to 25 times each contract year without transfer fees.

Low fixed rate 20 year term No down payment Maximum contract price of $ 200,000 Existing Home construction in a platted subdivision only No mobile, modular, manufactured, log homes or metal constructed homes Owner occupied only Real Estate must be in Oklahoma No Private Mortgage Insurance (PMI) required.

GOLD SERIES SAGE CHOICE SINGLE PREMIUM DEFERRED ANNUITY — PRODUCT OVERVIEW 6 Year Single Premium Deferred Annuity Issue Ages: 15 days — 90 years (age last birthday) Minimum Premium — $ 2,000 Maximum Premium — $ 500,000 per Owner Free Withdrawal Provision («Bailout Feature»): Included in the Contract Guaranteed Minimum Interest Rate: 2 % for the first 10 years and 3 % thereafter Contract Loan — Not Available for this product Free - Look Period — 30 days Death Benefit: Accumulation Value on the date of the Owner's death.

The Washington Federal - State Loan Repayment Program offers a maximum of $ 70,000 for doctors who contract to work within a qualifying HPSA site for two years.

If there is nothing in your contract, the minimum is a week if you've been there under two years, then a week for each complete year (up to a maximum of 12 weeks).

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Cardholders must be over 18 years

Each additional deposit can be no less than $ 50 and the maximum deposit made in any contract year must not be greater than the prior contract year's total premium amount, without prior home office approval.

After November 30, the maximum insurable mortgage even though conventional will not be available for properties over $ 1,000,000, investment properties and for amortizations over 25 years; these mortgages must also qualify based on the 5 - year posted rate of 4.65 %, regardless of the rate on contract.

For example, the contract with EDP for the «Nation Rise» project south of Ottawa in North Stormont, worth $ 430 million over 20 years, would cost $ 250,000 plus reimbursement for development costs that must be justified, to a maximum of $ 600,000.

These ice sheets expanded and contracted in a regular rhythm, with each glacial maximum separated from adjacent ones by 41,000 years (based on the cycle of axial tilt).

Case.one says it will provide a free subscription for a period equivalent to the remainder of the Firm Manager customer's contract term, up to a maximum of one year.

The AG regrets that the agreement envisaged «does not indicate the objective reasons that led the contracting parties to increase the PNR data retention period to a maximum of five years» (para. 279).

In June 2002, the employer sent the employee a new contract that reduced the employee's entitlement upon termination from two years» pay to three weeks» notice or pay in lieu of notice for each year of employment, to a maximum of thirty weeks.2 The employee refused to sign the new employment contract.

The fundamental issue for determination was whether his contract of employment is to be viewed as a fixed term employment contract with an objectively justifiable maximum term of nine years or whether the contract was converted by virtue of the Fixed - Term Employees (Prevention of less Favourable Treatment) Regulations 2002 (SI 2002/2034)(The 2002 Regulations) into a permanent contract thereby entitling him to continue working or upon termination obtain redress for unfair and wrongful dismissal.

Seven - Pay Test This is the maximum annual premium that can be paid during the first seven policy years (or after a material change) without causing a cash value life insurance policy to become a Modified Endowment Contract (a MEC).

Answer: A life insurance contract issued for a maximum number of years where the premium, death benefit, and price you pay are guaranteed not to change.

GOLD SERIES SAGE CHOICE SINGLE PREMIUM DEFERRED ANNUITY — PRODUCT OVERVIEW 6 Year Single Premium Deferred Annuity Issue Ages: 15 days — 90 years (age last birthday) Minimum Premium — $ 2,000 Maximum Premium — $ 500,000 per Owner Free Withdrawal Provision («Bailout Feature»): Included in the Contract Guaranteed Minimum Interest Rate: 2 % for the first 10 years and 3 % thereafter Contract Loan — Not Available for this product Free - Look Period — 30 days Death Benefit: Accumulation Value on the date of the Owner's death.

The maximum premiums are set by the IRS guidelines such that the premiums paid within a seven - year period after a qualifying event (such as purchase or death benefit increase), grown at a 6 % rate, and using the maximum guaranteed costs of insurance in the policy contract, would endow the policy at age 100 (i.e. the cash value would equal the death benefit).

The ACA qualification typically takes three years to complete, though it can take up to five years (generally the maximum length of a training contract).