AUTOMATIC DEDUCTIONS Sample Clauses
The AUTOMATIC DEDUCTIONS clause authorizes a party, typically an employer or service provider, to withhold certain amounts directly from payments owed to another party. This may include deductions for taxes, benefits, outstanding debts, or other agreed-upon charges, and is often applied to wages, invoices, or settlement amounts. By specifying the conditions and types of permissible deductions, this clause ensures that financial obligations are met efficiently and reduces the risk of disputes over payment calculations.
POPULAR SAMPLE Copied 17 times
AUTOMATIC DEDUCTIONS. Employer agrees to deduct from the wages of any employee who has voluntarily given it a signed authorization to do so such amounts as the employee may wish to have withheld for payment to a credit union and/or charitable or community service organization. Such withholdings, however, shall be subject to such limitations as the Employer payroll system and computer efficiency require.
AUTOMATIC DEDUCTIONS. All salaries are subject to payroll deductions for:
i. Withholding tax
AUTOMATIC DEDUCTIONS. All salaries are subject to payroll deductions from the employee's regular pay for:
A. State Teachers or State Employment Retirement Systems B. Federal Income Withholding Tax C. FICA
AUTOMATIC DEDUCTIONS. Any overpaid amount may be deducted from the Vendor’s next scheduled payment.
AUTOMATIC DEDUCTIONS. In situations where the employee must maintain the payment of benefits, she may do so by automatic deduction by informing the employer.
