Member Controlled Tip Pool Sample Clauses

Member Controlled Tip Pool. (a) Collection and Distribution of Tips: All Tips and/or Gratuities (collectively referred to as “Tips”) that are received from customers will be placed into an employee-controlled “Tip Pool”. Unless otherwise determined, all Tips are considered “Direct Tips” in accordance with the BC Employment Standards Act, and regulations of the CRA. Tips received are to be split evenly between scheduled employees, with the bargaining unit, based on hours of work. The employees will determine the frequency of the distribution of the Tip Pool. The Tip Pool must be distributed regularly, and no less frequent than the regularly scheduled payroll and pay periods. Only members of the bargaining unit are entitled to participate in the Tip Pool. Cannabis may not be accepted as Tips. (b) Employee Managed Tip Pool: The employees of the bargaining unit will elect or appoint at least one (1) employee from each location to be responsible for collecting and distributing the Tip Pool. a) Keeping clear and open records of all Tips, including cash and debit / credit card Tips, that details when and how they are received; b) Calculating the hours and amount of Tips that are distributed to each Employee; c) Ensuring Employees receive Tips in a timely manner, and on a regular schedule. The Employees will be responsible for providing an option for customers to Tip with cash using a Tip Jar, or by debit card or credit card transactions. Debit or credit card Tips will not be accepted using the Employer Point of Sale system.
View Source
Member Controlled Tip Pool 
View Source

Related to Member Controlled Tip Pool

  • Member Contributions Each Member and the Manager further acknowledges that it may contribute ideas, knowledge, know-how and, potentially, Confidential Information of such disclosing Member or the Manager to the Company, the employees, agents or contractors of the Company. Each disclosing Member or the Manager shall retain ownership of such Confidential Information but grants to only the Company, not to the individual(s) to whom the information was disclosed in his/her respective personal capacity(ies), the limited right to use such Confidential Information solely and exclusively for the benefit of the Company, and not any individual Member other than the disclosing Member; and each Member and the Manager other than the discloser promises and agrees to not use Confidential Information of a disclosing Member or the Manager for any purpose whatsoever except in connection with the Company and except with the written consent of both the disclosing Member and the Company. For purposes of this Section X, all references to the Company shall include its Affiliates.

  • What if I Make a Contribution for Which I Am Ineligible or Change My Mind About the Type of IRA to Which I Wish to Contribute?

  • Controlled Group All trades or businesses (whether or not incorporated) under common control that, together with the Borrower, are treated as a single employer under Section 414(b) or 414(c) of the Code or Section 4001 of ERISA.

  • Not Plan Assets; No Prohibited Transactions None of the assets of the Borrower, any other Loan Party or any other Subsidiary constitutes “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder. Assuming that no Lender funds any amount payable by it hereunder with “plan assets,” as that term is defined in 29 C.F.R. 2510.3-101, the execution, delivery and performance of this Agreement and the other Loan Documents, and the extensions of credit and repayment of amounts hereunder, do not and will not constitute “prohibited transactions” under ERISA or the Internal Revenue Code.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.