SPREAD-OVER PAY Sample Clauses

SPREAD-OVER PAY. The Operator’s 1 rate of pay shall apply for each hour or portion thereof in excess of ten (10) hours and shall be calculated at the rate of Operator 1 plus twelve and one half percent (12.5%) for every hour in excess of ten (10) hours and this premium shall not attract overtime.
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SPREAD-OVER PAY. O 10.01 SPREAD-OVER PREMIUM A premium of twelve and one half percent (12.5%) of the regular hourly rate will be paid for each hour or portion thereof of spread-over. Spread-over shall be paid at the Operator 1 rate of pay and that shall constitute the twelve and one half percent (12.5%) premium.
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Related to SPREAD-OVER PAY

  • Scheduled Overtime Scheduled overtime is overtime which is assigned by the end of the employee's last worked shift prior to the overtime assignment and which does not immediately precede or immediately follow a scheduled work shift. Unless notified otherwise in advance of the scheduled starting time of the scheduled overtime assignment, any employee who is scheduled to report for work and who reports as scheduled shall be assigned at least two (2) hours work. If work is not available, the employee may be excused from duty and paid for two (2) hours at the employee's appropriate rate. If the employee begins work but is excused from duty before completing two (2) hours of work, the employee shall be paid for two (2) hours at the employee's appropriate rate.

  • Payment Due Dates Whenever any payment hereunder shall be stated to be due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or facility fee, as the case may be; provided, however, that if such extension would cause payment of interest on or principal of LIBO Rate Advances or Floating Rate Bid Advances to be made in the next following calendar month, such payment shall be made on the immediately preceding Business Day.

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