Over-Time Payment Clause Samples
The Over-Time Payment clause establishes that payments for goods or services will be made incrementally as work progresses, rather than in a single lump sum upon completion. Typically, this means the client or buyer pays the provider at specified milestones, intervals, or based on the percentage of work completed. This approach helps ensure steady cash flow for the provider and aligns payment with the actual progress of the project, reducing financial risk for both parties and incentivizing timely performance.
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Over-Time Payment. All work performed other than during the regularly scheduled work day shall be paid for at one and one-half (1 1/2) the regular straight time rate of pay. This shall include all work performed before 7:00 A.M. or after 3:30 P.M. Monday through Friday, and all work performed on Saturday. Sunday and the following holidays shall be paid double time: New Year's Day, Decoration Day, Fourth of July, Labor Day, Thanksgiving Day, and Christmas Day, or day celebrated as such. No work shall be performed on any of the aforesaid holidays, nor shall there be overtime work at any other time except in the event of any emergency to protect the life or property and then only by consent of the parties. Lunch period shall be a full one-half hour period occurring between 12:00 Noon and 1:00 P.M., otherwise the employees shall receive time and one-half (1 1/2) hour. Employees of this bargaining unit shall not be docked for supper hour when working overtime. Plasterers shall be furnished transportation to a restaurant for his supper hour. No employee shall work more than six (6) hours following the last meal period without an opportunity to eat. In the event an opportunity is not granted to eat as aforesaid, the employees shall receive an additional one-half (1/2) hours pay at premium rate.
Over-Time Payment. All work performed other than during the regularly scheduled workday shall be paid for at one and one-half (1 1/2) the regular straight time rate of pay. This shall include all work performed before 7:00 A.M. or after 3:30 P.M. Monday through Friday. Saturdays shall be paid at the rate of time and one-half (I l/2). All work performed on Sundays and the following holidays shall be paid at double time: New Year’s Day, Decoration Day, Fourth of July, Labor Day, Thanksgiving Day, and Christmas Day, or a day designated as one of the foregoing holidays. Lunch period shall be a full one-half hour period occurring between 12:00 Noon and 1:00 P.M., otherwise the premium rate of pay shall prevail for the lunch period. Employees of this bargaining unit shall not be docked for supper hour when working overtime. No employee shall work more than six (6) hours without an opportunity to eat. If there is more than one (1) ▇▇▇▇▇ on the job, the supper period shall be staggered so that the job will not be left unmanned, at the discretion of the supervisor. If an employee should work without a supper hour he she shall receive one-half (1/2) hour extra pay. The wage and fringe benefit package shall be paid on an hours worked basis.