Common use of Pay Intervals Clause in Contracts

Pay Intervals. 59 60 The annual compensation of employees working less than 12 months per year will be paid in 10 or 61 11 monthly installments, unless the employee selects the option of voluntarily reducing each 62 monthly installment by an amount required to total 12 monthly installments.

Pay Intervals. 59 60 51 52 The annual compensation of employees working less than 12 months per year will be paid in 10 or 61 53 11 monthly installments, unless the employee selects the option of voluntarily reducing each 62 54 monthly installment by an amount required to total 12 monthly installments.