INSURANCE OF TOOLS Sample Clauses

INSURANCE OF TOOLS. Every employer shall take out an insurance policy with a registered insurance company insuring tools, which are the private property of his journeyman, apprentice and machinist employees, against damage or destruction on the employer‟s premises by fire. The maximum cover under this clause for insurance of tools shall be R2,500.00 per employee referred to above. (substituted by G.N. R.839 of 14 September 2007)
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INSURANCE OF TOOLS. 22.1 The Board shall insure and keep insured against loss or damage by fire whilst on Western Plains Zoo premises, such tools of Works & Trades employees as are used in the course of employment.
INSURANCE OF TOOLS. An employee shall be reimbursed by the Company for a maximum of $400 for loss of tools by fire or breaking and entering whilst securely stored at the Company’s direction in a room or building on the Company’s premises, job or workshop; or if the tools are lost or stolen while being transported by the employee at the Company’s direction. Provided that:-
INSURANCE OF TOOLS. Insurance of employee tools is the responsibility of the employee. The employers tools covers fire, theft, accidental damage as a result of vehicle collision & / or overturning of conveying vehicle To satisfy the criteria of the Company insurance policy in relation to employer tools, such tools must be placed in a locked storage box that is securely fastened to the vehicle or locked inside the vehicle and in the case of large equipment ie: compressors the item must be chained and locked to the vehicle or again locked inside the vehicle. For the purpose of this clause:
INSURANCE OF TOOLS. The employer shall take an insurance policy to insure the private property of journeymen, apprentice and machinist employees, against damage or destruction on the employer’s premises by fire. The maximum cover currently is R…………… Injury on duty allowance: Whenever the employee is absent from work through occupational sickness or injury NOT recognised as compensable in terms of COIDA, 1993 the employee shall be paid on the basis of the employee’s actual hourly rate of pay for any period of absence up to a maximum of 3 working days. Such payment shall be recoverable by the employer from the Metal and Engineering Industries Sick Pay Fund. Severance pay and additional payments in respect of retrenchment: Severance pay shall be one week’s wages for each completed year of service, plus (a) pro rata allowances where applicable (b) pro rata leave and leave enhancement pay and (c) [not applicable due to the employer’s exemption from the bargaining council’s benefit funds].Severance pay of one week per completed year of service is subject to the proviso that an employee who has more than 6 months’ service but less than a completed year shall receive a severance payment equal to one week’s remuneration. Furthermore, employees shall be entitled to the following additional ex gratia payments: (a) an employee with between 5 to 10 years’ service with the same employer: one week’s ex gratia payment; (b) an employee with between 11 to 15 completed years’ service with the same employer: two weeks ex gratia payment; and (c) an employee with 16 or more completed years’ service with the same employer: three weeks ex gratia payment. Note that, as stated in the introductory paragraph above, these benefits or payments may change from time to time, depending on industry-level collective bargaining. Standby and call-out allowances: Where the employer requires the employee to be on standby the employer shall be paid an amount of not less than two hours’ pay for each period of 24 hours or less on standby: provided that the standby allowance shall be forfeited if the employee fails to respond to a call-out. Where the employee is called out whilst on standby the employee shall be paid at the appropriate overtime rates for the time worked with a minimum payment of not less than two hours overtime. Family responsibility leave: The employee may be granted such leave up to three days per annual leave cycle. MEIBC employees may accrue their unused entitlement up to a maximum of nine days pa...

Related to INSURANCE OF TOOLS

  • Maintenance of Insurance The Company shall use commercially reasonable efforts to obtain and maintain in effect during the entire period for which the Company is obligated to indemnify the Indemnitee under this Agreement, one or more policies of insurance with reputable insurance companies to provide the officers/directors of the Company with coverage for losses from wrongful acts and omissions and to ensure the Company’s performance of its indemnification obligations under this Agreement. The Indemnitee shall be covered by such policy or policies in accordance with its or their terms to the maximum extent of the coverage available for any such director or officer under such policy or policies. In all such insurance policies, the Indemnitee shall be named as an insured in such a manner as to provide the Indemnitee with the same rights and benefits as are accorded to the most favorably insured of the Company’s directors and officers.

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