Common use of QUARTERLY BONUS PAYMENTS Clause in Contracts

QUARTERLY BONUS PAYMENTS. 6.01 During the term of this Agreement, a quarterly bonus payment of one hundred and twenty-five ($125.00) dollars a quarter will be paid on a weekly basis (at 26¢ per regular hour) to each eligible full-time employee who was hired prior to April 2, 1995.

QUARTERLY BONUS PAYMENTS. 6.01 During the term of this Agreement, a quarterly bonus payment of one hundred and twenty-five ($125.00) dollars a quarter will be paid on a weekly basis (at 26¢ per regular hour) to each eligible full-full- time employee who was hired prior to April 2, 1995.

QUARTERLY BONUS PAYMENTS. 6.01 During the term of this Agreement, a quarterly bonus payment of one hundred and twenty-five ($125.00) dollars a quarter will be paid on a weekly basis (at 26¢ per regular hour) to each eligible full-time employee who was hired prior to April 2To be eligible for such payment, 1995an employee must have worked one full shift during each quarter, and must have full time status at the end of the quarter. The bonus shall be paid on a pro rata basis based on time worked during the quarter, which shall include vacation and specified holidays.