LOST TIME ALLOWANCES Clause Samples
The "Lost Time Allowances" clause defines how time lost due to specific causes—such as delays, interruptions, or unforeseen events—will be accounted for within a contract or project schedule. Typically, this clause outlines the circumstances under which a party may claim additional time, the process for notifying the other party, and any documentation required to substantiate the lost time. Its core practical function is to ensure that parties are treated fairly when delays occur beyond their control, thereby preventing disputes over project timelines and helping to allocate the risk of delays in a clear and structured manner.
LOST TIME ALLOWANCES. Deductions will not be made for lost time due to injury or disease on the job compensable by Workers’ Compensation within the vacation year of such injury. Deductions will not be made for lost time due to military reserve duty, lost time when on union business, injury or illness as defined by the Sickness and Accident Weekly Benefits Plan, during the vacation year, once employees have been off work for five (5) consecutive weeks. When production is suspended because of fifty percent (50%) or more of the Plant is shutdown due to lack of orders for instruments, employees laid off because of the Plant shutdown will be allowed an additional 160 hours credit before deductions are made.
LOST TIME ALLOWANCES. Deductions will not be made for any approved FMLA, military reserve duty, or union business within the vacation year. When production is suspended because of fifty percent (50%) or more of the Plant is shutdown due to lack of orders for instruments, employees laid off because of the Plant shutdown will be allowed an additional 160 hours credit before deductions are made.