Duty Differentials Sample Clauses
The Duty Differentials clause defines how differences in customs duties, taxes, or tariffs between countries are handled in a contract. Typically, it specifies which party is responsible for paying any additional costs that arise if duty rates change or if goods are shipped to a location with higher import charges. For example, if a product is exported to a country with unexpectedly high tariffs, the clause will clarify whether the buyer or seller absorbs the extra expense. This clause's core function is to allocate the financial risk associated with fluctuating or varying duty rates, ensuring both parties understand their obligations and preventing disputes over unexpected costs.
Duty Differentials. Percentages calculated under this section shall be computed on the basis of the employee's regular base pay. The premiums provided for in this Section are cumulative.
Duty Differentials. 25.6.1 Employees assigned as pilots in an aircraft shall receive a monthly premium of twelve percent (12%) of their base pay for the first three (3) ▇▇▇▇▇▇▇ or one thousand (1,000) hours (whichever is later), in such assignment, and a monthly premium equal to fifteen percent (15%) of their base pay thereafter.
25.6.2 Employees assigned as divers shall receive a premium of five dollars ($5) per hour for all time worked as a diver.
25.6.3 Employees assigned to handle hazardous material during transport to any disposal sites shall receive a premium of five dollars ($5) per transport hour.
25.6.4 Percentages calculated under this section shall be computed on the basis of the employee's regular base pay.
25.6.5 Employees assigned as Bomb Technicians shall receive a monthly premium of ten percent (10%) of their base pay.
25.6.6 Employees possessing either an associate’s degree or an intermediate certificate from DPSST shall receive a monthly premium in the amount of three percent (3%) of their base pay. Employees possessing either a bachelor’s degree or an advanced certificate from DPSST shall receive a monthly premium in the amount of six percent (6%) of their base pay. Employees may receive one or the other premium provided for in this paragraph, but in no event shall an employee receive more than six percent (6%) under this subsection.
Duty Differentials. 25.6.1 Employees assigned as pilots in an aircraft shall receive a monthly premium of twelve percent (12%) of their base pay for the first three (3) ▇▇▇▇▇▇▇ or one thousand (1,000) hours (whichever is later), in such assignment, and a monthly premium equal to fifteen percent (15%) of their base pay thereafter.
25.6.2 Employees assigned as divers shall receive a premium of five dollars ($5) per hour for all time worked as a diver.
25.6.3 Employees assigned to handle hazardous material during transport to any disposal sites shall receive a premium of five dollars ($5) per transport hour.