Short Pay Sample Clauses
A Short Pay clause allows a party to withhold a portion of a payment if there is a dispute over the amount owed or the quality of goods or services provided. In practice, this means that if an invoice is contested, the paying party can pay only the undisputed amount while the disagreement is resolved, rather than withholding the entire payment. This clause helps maintain cash flow for the recipient and encourages prompt resolution of disputes, while protecting the payer from overpaying for potentially incorrect or unsatisfactory deliverables.
Short Pay. A. An employee will be considered short paid when not in receipt of compensation to which entitled on the designated pay day for the pay period in which the claim for such compensation was submitted.
B. An employee who has been short paid may request of the designated officer the issuance of a voucher to cover such shortage provided that:
i. the amount short paid is equivalent to or more than a basic day; and
ii. the time return involved was submitted promptly in accordance with the provisions of this Article. Such voucher will be issued within three working days (i.e. excluding weekends and General Holidays) of the employee's request.
C. Vouchers will not be issued in respect to:
i. claims arising out of an alleged violation of the Collective Agreement involving disputed wages.
Short Pay. Effective the first of the month following ratification of this Memorandum of Settlement, revise the Collective Agreement provisions as follows:
Short Pay. An employee will be considered short paid when not in receipt of compensation to which entitled on the designated pay day for the pay period in which the claim for such compensation was submitted.