– FLEX CREDITS Sample Clauses

– FLEX CREDITS. Effective April 1, 2019, the Board shall contribute $7,360.80 into Flex 14 Credits for each employee who is enrolled in Board-Provided Benefits.
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– FLEX CREDITS. If during the term of this collective agreement the premiums increase, the company will review the amount of flex credits being provided. Furthermore, during the term of this collective agreement the flex credits will not be reduced. In addition, if requested by the union, the company agrees to meet annually to discuss issues concerning the FlexMedia plan.” For purposes of clarity, legitimate casual illness or absenteeism outside the FlexMedia plan will be paid at regular straight time pay for the time absent from work. Should a situation arise where the Company is not satisfied as to the legitimacy of the absenteeism, the employee shall not be paid. For further clarity, days of legitimate casual illness or absenteeism that are paid as outlined above, shall not be deducted from the ten (10) day waiting period involved with Short-Term Disability claims.
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– FLEX CREDITS. 34.10.1 An employee accumulates a flex credit where they work longer than the ordinary hours of work that applies to them. Total flex credits are reduced where an employee works less than their ordinary hours of work.
Sample 1
– FLEX CREDITS. The Board shall contribute the following amounts into Flex Credits 12 for each employee who is eligible for Board-Provided Benefits: 13 (a) $6,372 for the period March, 2009, through February, 2010 (for Benefit Plan Year 14 April, 2009, through March, 2010); 15 (b) $6,372 for the period March, 2010, through February, 2011 (for Benefit Plan Year 16 April, 2010, through March, 2011); 17 Flex Credits are to be applied by employees toward the purchase of their own major medical 18 insurance: dependent medical insurance, dental insurance, vision insurance, and/or cancer
Sample 1

Related to – FLEX CREDITS

  • Service Credits Employees on pregnancy leave shall be entitled to normal accumulation of service credits for the duration of the pregnancy leave.

  • Tax Credits A Creditor Party which receives for its own account a repayment or credit in respect of tax on account of which the Borrowers have made an increased payment under Clause 23.2 shall pay to the Borrowers a sum equal to the proportion of the repayment or credit which that Creditor Party allocates to the amount due from the Borrowers in respect of which the Borrowers made the increased payment, provided that:

  • Credits An employee shall earn sick leave credits at the rate of nine decimal three seven five (9.375) hours for each calendar month for which such employee receives pay for at least seventy-five (75) hours.

  • Offsets and Credits Any amounts due from Vendor may be applied by Citizens against any amounts due to Vendor. Any such amounts that are not so applied shall be paid to Citizens by Vendor within thirty (30) calendar days following Citizens' request.

  • Service Level Credits If Verint does not meet the Uptime Percentage levels specified below, Customer will be entitled, upon written request, to a service level credit (“Service Level Credit”) to be calculated, with respect to the applicable Hosted Environment, as follows: • If Uptime Percentage is at least 99.95% of the month’s minutes, no Service Level Credits are provided; or • If Uptime Percentage is 99.75% to 99.94% (inclusive) of the month’s minutes, Customer will be eligible for a credit of 5% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint; or • If Uptime Percentage is 99.50% to 99.74% (inclusive) of the month’s minutes, Customer will be eligible for a credit of 7.5% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint; or • If Uptime Percentage is less than 99.50% of the month’s minutes, Customer will be eligible for a credit of 10.0% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint. Customer shall only be eligible to request Service Level Credits if Customer notifies Verint in writing within thirty (30) days from the end of the month for which Service Level Credits are due. All claims will be verified against Verint’s system records. In the event after such notification Verint determines that Service Level Credits are not due, or that different Service Level Credits are due, Verint shall notify Customer in writing on that finding. With respect to any Services Level credits due under Orders placed directly by Customer on Verint, Service Level Credits will be applied to the next invoice following Customer’s request and Verint’s confirmation of available credits; with respect to any Service Level Credits due for SaaS Services under Orders placed on Verint by a Verint authorized reseller on Customer’s behalf, Service Level Credits will be issued by such reseller following Customer’s request and Verint’s confirmation of available credits and such Services Level Credits may only be used by Customer with respect to subsequent purchases of Verint offerings through that reseller. Service Level Credits shall be Customer’s sole and exclusive remedy in the event of any failure to meet the Service Levels. Verint will only provide records of system availability in response to Customer’s good faith claims.

  • Experience Credits Full credit for public school teaching outside of the District shall be granted up to the limits of the salary schedule.

  • Vacation Credits All employees shall participate in the County’s Terminal Pay Plan (Plan). However, only the terminal paychecks (including unused vacation) of those employees who have reached the age of fifty-five (55) shall be placed into the Plan. These terminal paychecks shall be placed into the Plan on a pre-tax basis in accordance with the Plan, all applicable laws and all rules and regulations applicable to the Plan.

  • Borrowing of Unearned Vacation Credits With the approval of the Employer, an Employee who has been employed for a period of five (5) or more years may be granted five (5) days from the vacation leave of the next subsequent year.

  • Sick Leave Credits Regular employees who have completed their probationary period will accrue sick leave credits at the rate of one day per month to a maximum of 156 days. Upon completion of their probationary period, an employee will be credited with sick leave back to the employee's starting date. Upon request, an employee will be advised in writing of the balance of their sick leave credits.

  • Accrual Rate of Sick Leave With Pay Credits Full-time employees shall accrue eight (8) hours of sick leave with pay credits for each full month worked. Employees who work less than the full month but at least thirty-two (32) hours during the month shall accrue sick leave with pay on a pro rata basis for the month.

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