Schedule Three Clause Samples
Schedule Three serves as an annex or appendix to the main agreement, detailing specific terms, obligations, or information that supplement the core contract. Typically, it may include technical specifications, pricing details, or additional requirements relevant to the parties' arrangement. By organizing this information separately, Schedule Three ensures clarity and easy reference, helping to prevent misunderstandings and streamline contract administration.
Schedule Three. Remuneration
5.3.1 The Employee will be paid: Wages Salary
5.3.2 Agreement of Starting Remuneration Rate Date: at a rate of $ (gross) per Fortnight
5.3.3 All new employees who are not current members of KiwiSaver will be automatically enrolled by the Employer, and KiwiSaver deductions will begin from your first payment of Wages . However, the employee may choose to opt out at any time on or after day 14, and any day before day 56, of starting employment with the Employer. If the Employee elects to remain a member of KiwiSaver, they will receive their gross Wages , less PAYE and their KiwiSaver contributions (calculated on gross earnings). Contributions will be paid directly to Inland Revenue in accordance with the ▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ and its amendments. The Employer will also contribute in accordance with the requirements of the KiwiSaver Act and any amendments.
5.3.4 If the Employee elects not to join KiwiSaver, they will receive their gross Wages , less PAYE.
Schedule Three. SUPPORTING MATERIAL RELEASE