Exempt Status Clause Samples

Exempt Status. Employee understands that at all times he/she is employed as a salaried/exempt employee and, therefore, he/she is not entitled to overtime wages. Employee shall not receive overtime compensation for the services performed under this Agreement, unless specifically agreed to in writing.

Exempt Status. The City will not take any action which would cause the interest on the Commercial Paper Notes to become includable in the gross income of the holders thereof for federal income tax purposes.

Exempt Status. The City shall not take any action, omit to take any action or cause or permit another Person to take any action or omit to take any action, which, if taken or omitted, would adversely affect the excludability of interest on the Covered Notes (which are issued as tax-exempt) from the gross income of the holders thereof for purposes of Federal income taxation.

Exempt Status. Full or part-time employees having “exempt” status as listed in Exhibit B are not covered by the Civil Service System of the City of Burbank; however, such “exempt” employees are represented by the BCEA. “Exempt” employees are covered by this Memorandum of Understanding except for Article IX and Exhibit E. Exempt employees may file grievances and take such grievance to and through the third step of the grievance procedure per Article XIII Section C4, not to include appeal to the Civil Service Board or to arbitration.

Exempt Status. YISs are non-exempt employees.

Exempt Status. CITY has determined that, if TAX-EXEMPT acquires a PROPERTY and currently uses or will use it for the purposes described in its preliminary application for exemption, filed with CITY prior to the execution of this AGREEMENT, the PROPERTY does or will qualify for real and personal property tax exemption under Wisconsin law. TAX-EXEMPT understands and acknowledges that: (i) the earliest date that the PROPERTY can qualify for tax exemption is January 1, 201_; (ii) under the preamble to § 70.11, Wis. Stats., TAX-EXEMPT must, as a condition to securing an exemption, timely file an exemption application with CITY's Assessor; and (iii) CITY reserves all rights under Wisconsin law to grant or deny TAX-EXEMPT's application for exemption. In the event that CITY grants TAX-EXEMPT's application for exemption, CITY Assessor's Office may review and reconsider the PROPERTY's exempt status under § 70.11, Wis. Stats., from time to time with the respective January 1 dates being the reference dates for those exemption reviews. If for any reason, CITY determines that all or any portion of the PROPERTY does not qualify for exemption from property tax: (i) CITY shall provide written notice of such determination to TAX-EXEMPT no later than May 31 of that year; (ii) no PILOT payment shall be due under this AGREEMENT with respect to any year for which exemption, in full or in part, does not apply; (iii) if a PILOT payment has been paid for such tax years, CITY shall promptly refund such PILOT payments or, at the option of CITY, offset such PILOT payments against any property taxes due on the PROPERTY, in which case CITY will treat such offset as having been made under protest; and (iv) the PROPERTY, or any portion thereof which does not quality for exemption, shall be placed on the property tax rolls for that and any subsequent years for which an exemption has been determined not to apply. If TAX-EXEMPT disagrees with CITY's determination that the PROPERTY, or any part thereof, no longer qualifies for tax exemption, TAX-EXEMPT may challenge such determination by following any procedure provided under Wisconsin law.

Exempt Status. The CHF Case Managers will function as exempt employees.

Exempt Status. 24.1 As of July 1, 2022, all employees and positions covered by this Agreement have been determined to be exempt in accordance with the Fair Labor Standards Act and are accordingly not entitled to overtime, and/or compensatory time, and/or standby or callback time

Exempt Status. If Company is located in the United States, and Company is exempt from paying state sales or use tax, then Company shall deliver a reseller tax certificate for the state in which it is headquartered, to MS as specified in the Resource Guide. If Company fails to provide a valid reseller tax certificate, MS may invoice Company for these taxes.