Common use of Maximum Compounding Clause in Contracts

Maximum Compounding. The maximum compounding effect of the application of overtime and penalty payments provided for in this Agreement shall not exceed three (3) times the basic hourly rate.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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Maximum Compounding. The maximum compounding effect of the application of overtime and penalty payments provided for in this Agreement shall not exceed three (3) times the basic hourly rate.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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