DPS Troopers and employees are covered under the State Employees Retirement System and Worker's Compensation. Social Security benefits are provided aside from the regular retirement plan. Troopers are entitled to holiday and vacation leave in accordance with State Law and Department Policy.
What is a 'Modified Gross Lease'. A modified gross lease is a type of real estate rental agreement where the tenant pays base rent at the lease's inception but in subsequent years pays the base plus a proportional share of some of the other costs associated with the property, such as property taxes, utilities, insurance and maintenance.
The triple net lease and modified gross lease are two common types of commercial leases. Because these two types of property leases have distinct approaches to allocating costs between a tenant and a landlord, a small-business owner should know the differences before signing a lease agreement.