Common use of Buyouts Clause in Contracts

Buyouts. Amend Article 52 and move to New Letter of Understanding LETTER OF UNDERSTANDING #1 LETTER OF UNDERSTANDING #2 Amend Letter of Understanding #2; Update current roster LETTER OF UNDERSTANDING #3 Renew Letter of Understanding #3- Health and Safety Committee- Retail LETTER OF UNDERSTANDING #4 Renew Letter of Understanding #4- Section 50 of LRC. LETTER OF UNDERSTANDING #5 Amend & Renew: Letter of Understanding #5 (5) Courtesy Clerks 5. It is understood that Courtesy Clerks are excluded from the guarantee calculations but are eligible to receive guarantees. If the Company exceed the ten percent (10%) indicated above in a week, hours in excess of ten percent (10%) shall be paid at the rate of fifteen dollars ($15.00) per hour to the most senior Food Specialist(s).

Appears in 2 contracts

Sources: Collective Bargaining Agreement, Memorandum of Agreement