Hourly Records Clause Samples
The Hourly Records clause requires parties, typically service providers, to maintain detailed logs of the hours worked on a project or assignment. These records usually include the date, time spent, and a brief description of the tasks performed, and may need to be submitted regularly for review or approval. By mandating accurate tracking and documentation of work hours, this clause ensures transparency in billing and helps prevent disputes over compensation or the scope of work performed.
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Hourly Records. For the purpose of determining Hours of Service under the hourly record method (select one):
(a) only actual hours for which an Employee is paid or entitled to payment shall be counted.
(b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.
Hourly Records. For the purpose of determining Hours of Service under the hourly records method (choose one box for eligibility and one box for vesting, as applicable):
Hourly Records. For the purpose of determining Hours of Service under -------------- the hourly record method (select one): [X] (a) only actual hours for which an Employee is paid or entitled to payment shall be counted. [_] (b) an Employee shall be credited with 45 Hours of Service if such Employee would be credited with at least 1 Hour of Service during the week.
(1) This Plan is not integrated with Social Security.
(2) This Plan is integrated with Social Security. The Integration Level shall be (select one):
(a) the Taxable Wage Base. [_] (b) $ (a dollar amount less than the Taxable Wage Base). ------ [_] (c) % of the Taxable Wage Base (not to exceed 100%). ------ [_] (d) the greater of $10,000 or 20% of the Taxable Wage Base.