Common use of Computation of Overtime Clause in Contracts

Computation of Overtime. For the purpose of computing overtime under this Article, the exact time worked, rounded to the nearest quarter hour, shall be accounted for, which shall be paid for at the overtime rate. There shall be no duplicate payment for daily overtime and weekly overtime. If daily overtime is greater in any one work week, only daily overtime shall be paid, or if weekly overtime is greater in any one work week, only weekly overtime shall be paid. There shall be no pyramiding of overtime.

Appears in 6 contracts

Samples: Agreement (LSB Industries Inc), Agreement (LSB Industries Inc), Agreement (LSB Industries Inc)

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Computation of Overtime. For the purpose of computing overtime under this Article, the exact time worked, rounded to the nearest quarter hour, shall be accounted for, which shall be paid for at the overtime rate. There shall be no duplicate payment for daily overtime and weekly overtime. If daily overtime is greater in any one work week, only daily overtime shall be paid, or if weekly overtime is greater in any one work week, only weekly overtime shall be paid. There shall be no pyramiding of overtime. Section 7.

Appears in 1 contract

Samples: Agreement (LSB Industries Inc)

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