Reporting Compensation Clause Samples
Reporting Compensation. (a) Reporting time is the time designated or recognized as the start of the daily workshift or weekly work schedule.
(b) An employee’s reporting time may be changed two (2) hours earlier or two (2) hours later, or less, without penalty, if the employee is notified a minimum of twelve (12) hours before the next regularly scheduled reporting time. If the employee’s reporting time is changed without proper notice, the employee shall be entitled to a penalty payment of fourteen dollars ($14.00).
(c) An employee’s reporting time may be changed more than two (2) hours, earlier or later, without penalty, if the employee is notified a minimum of five (5) workdays in advance. If the employee’s reporting time is changed without the required notice, the employee shall be entitled to a penalty payment of twenty-one dollars ($21.00). The penalty payment shall continue until the notice requirement is met or the employee is returned to his/her reporting time(s), whichever occurs first.
Reporting Compensation. Reporting time is the time designated or recognized as the start of the daily work shift or weekly work schedule.
Reporting Compensation a. Reporting time is the time designated or recognized as the start of the daily work shift or weekly work schedule.
b. An employee's reporting time may be changed, without penalty, if the employee is notified a minimum of twenty-four (24) hours before the next regularly scheduled reporting time. If the employee's reporting time is changed without proper notice, the employee shall be entitled to a penalty payment of twenty-one dollars ($21), except as noted under Article 37, Section 5(a)(b).
Reporting Compensation a. Reporting time is the time designated or recognized as the start of the daily work shift or weekly work schedule.
b. An employee's reporting time may be changed without penalty if the employee is notified a minimum of twenty-four (24) hours before the next regularly scheduled reporting time. Management shall individually notify employees of changes in work schedules. If the employee's reporting time is changed without the required notice, the employee shall be entitled to penalty payment at time and one-half (1-1/2) for the first two (2) hours worked or forty dollars ($40.00) whichever is greater.
c. An employee who is scheduled for work and reports for work shall be paid a minimum of two (2) hours, except where the scheduled shift is less than four (4) hours in duration. Then the employee shall be paid for the hours scheduled.
Reporting Compensation. (1) To permit Dealer to meet its obligations under Securities laws, both Dealing Representative and Referring Party will report to Dealer in the manner set out below, within 10 days of the end of each calendar quarter.
(2) Dealing Representative shall report the compensation payable to Referring Party under this Agreement and in connection with such report shall provide Referring Party and Dealer with:
a) The names of Referred Clients who have purchased Securities
b) The Securities purchased and the date and market value of the purchase.
c) The total Referral Fee paid to the Referring Party
d) The date the Referral Fee was paid to the Referring Party. For greater certainty, the form of the report shall be as set out in Schedule "D" to this agreement. Note that only those transactions for which commission has been received and a referral fee paid at the time of the report need to be included in the report.
(3) Dealing Representative shall provide the Dealer with a list of all Clients referred to all Dealing Representatives of Dealer during the previous quarter, together with an accounting of all referral fees paid by Dealing Representatives under this agreement to the Referring Party, during the reporting period.
(4) Dealer, Dealing Representative and Referring Party agree to maintain complete and accurate records relating to the compensation paid under this Agreement.
(5) Notwithstanding the termination of this Agreement by any Party, Dealing Representative shall continue paying any compensation owing to Referring Party or Agents in respect of any Accounts opened or Securities purchased pursuant to this Agreement as of the effective date of termination, in accordance with clause 3.01(1).
Reporting Compensation. ~ Any employee who reports for their regularly scheduled shift and is released due to lack of work shall receive a minimum of two (2) hours pay at the straight time rate.
Reporting Compensation. Reporting time is the time designated or recognized as the start of the daily work shift or weekly work schedule. An employee’s reporting time may be changed two (2) hours earlier or two (2) hours later, or less, without penalty, if the employee is notified a minimum of twelve (12) hours before the next regularly scheduled reporting time. If the employee’s reporting time is changed without proper notice, the employee shall be entitled to a penalty payment of fifteen dollars ($15.00). An employee’s reporting time may be changed more than two (2) hours, earlier or later, without penalty, if the employee is notified a minimum of five (5) work days in advance. If the employee’s reporting time is changed without the required notice, the employee shall be entitled to a penalty payment of twenty-one dollars ($21.00). The penalty payment shall continue until the notice requirement is met or the employee is returned to the employee’s reporting time(s), whichever occurs first.
