SPREAD PREMIUM Sample Clauses

SPREAD PREMIUM. Spread premium will be paid to all Bus Operators, as contained in the premium schedule, for all work made up of several pieces. This shall not include “special” crews. Time spent on report shall not be included in the calculation of spread premium for Spare Operators. Spread time for time worked on crews (as shown on assignment sheets) will be paid for according to the following schedule: Effective Pay Period #15, 2008 Spread Premiums will be as follows: HOURS AND MINUTES PREMIUM 9:30 to 10:00 $0.50/day 10:01 to 10:30 $1.00/day 10:31 to 11:00 $1.50/day 11:01 to 11:30 $2.50/day 11:31 to 12:00 $4.50/day 8-11 Communication Pay Bus Operators will be paid two (2) hours pay per year to cover communication with Transit Management/Administration outside normal work hours.
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SPREAD PREMIUM. See Appendix
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SPREAD PREMIUM. Spread premium of half the base rate will be allowed in addition to any overtime premium on scheduled swing runs. If more than ten (10) hours, including report and turn-in time, are scheduled to elapse in such a run from the first required report to the time of completion, the Operator working and completing it will receive the premium for the scheduled period beyond ten (10) hours. An Operator will not be entitled to spread premium for work beyond their scheduled swing run except as provided in Article 20 (Overtime).
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SPREAD PREMIUM. All scheduled platform work or time on duty beyond eleven (11) hours 30 minutes spread shall be paid for at time and one-half up to twelve (12) hours. In addition, all scheduled platform work or time on duty beyond twelve (12) hours spread shall be paid for at double time. Computation of spread premium pay will be in addition to all other straight time and overtime payments required by other provisions of this Agreement. The regular pullout allowance shall be considered as part of this spread. When any run has a split starting after 8:00 P.M., all of the time in the split shall be paid at the hourly rate applicable to the run. Days Off The Agency shall arrange its schedules and its work so that: Each regular operator will be off duty two (2) consecutive days in every seven (7) days without pay. Minimum Time Allowance Except for bus tripper runs provided for below, the minimum time allowance for all scheduled runs shall be eight (8) hours inclusive of the allowance for pull out.
Sample 1
SPREAD PREMIUM. All scheduled platform work or time on duty beyond eleven (11) hours spread shall be paid for at time and one-half up to twelve (12) hours. In addition, all scheduled platform work or time on duty beyond twelve (12) hours spread shall be paid for at double time. Computation of spread premium pay to be in addition to all other straight time and overtime payments required by other provisions of this Agreement. The regular pull out allowance shall be considered as part of this spread. All owl runs shall be straight runs and shall pull out and turn in and shall work no later than 8:00 A.M. When any run has a split starting after 8:00 P.M., all of the time in the split shall be paid at the hourly rate applicable to the run.
Sample 1
SPREAD PREMIUM. ADMINISTRATION TRANSPORTATION CLERKS- Hours of Work The provisions of this section are without prejudice any portion of it may be change at any time at the discretion of the Employer. Hours of work may be flexed n mutual agreement between the employee, Employer and Union. All shifts will not be more than hours (exclusive of an unpaid lunch of one hour of duration). The normal day shift hours commence before a.m. or finish after Shifts for Customer Service (Transportation) Clerks will include as to
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SPREAD PREMIUM. For all work performed between the to hour, the premium shall be paid at the rate of per hour above the base rate. For all work performed the and hour, the premium shall be paid at the rate of per hour above the base rate. For all work performed over the hour, the premium shall be paid at the rate of per hour above the base rate. Pay for spread premium shall be calculated from the posted scheduled sheets. Spread premium shall apply to all signed runs, signed extras, and unsigned extras. OPERATOR NIGHT PREMIUM: Thirty cents per hour extra; Night Premium is effective for any regular fun beginning after p.m.; no pyramiding on Sundays.
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Related to SPREAD PREMIUM

  • Shift Premium Effective July 1, 2020, an employee shall be paid a shift premium of ninety-five cents (95c/ ) per hour for each hour worked between 1500 hours and 0700 hours provided that such hours exceed two (2) hours if worked in conjunction with the day shift.

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Weekend Premium Effective July 1, 2020, an employee shall be paid a weekend premium of one dollar and ten cents ($1.10) per hour for each hour worked between 2300 hours Friday and 2300 hours Sunday, or such other forty-eight (48) hour period as the local parties may agree upon or as defined in the Collective Agreement. If an employee is receiving premium pay pursuant to a local scheduling regulation with respect to consecutive weekends worked, the employee will not receive weekend premium under this provision.

  • Night Premium For all time worked by employees, after 7 p.m. and before 7 a.m., by employees hired on or before August 5, 2005, a premium of twenty-five cents (25¢) per hour shall be paid.

  • Payment of Principal, Premium, if any, and Interest The Company covenants and agrees for the benefit of the Holders of the Securities that it will duly and punctually pay the principal of and any premium and interest (including any Additional Interest) on the Securities in accordance with the terms of the Securities and this Indenture.

  • Night Shift Premium Any employee who is required to work on any day when the majority of their working hours fall between 10.00 p.m. and 5.00 a.m., or who starts their shift prior to 5.00 a.m., shall be paid a premium, in addition to their regular, hourly rate, of one dollar and twenty-five cents ($1.25) per hour for all hours worked on the shift. Shift premium pay shall not be added to an employee’s hourly rate for the purpose of computing overtime. This clause shall not result in duplication of premiums.

  • Payment of Principal, Interest, Escrow Items, Prepayment Charges, and Late Charges Borrower will pay each Periodic Payment when due. Borrower will also pay any prepayment charges and late charges due under the Note, and any other amounts due under this Security Instrument. Payments due under the Note and this Security Instrument must be made in U.S. currency. If any check or other instrument received by Lender as payment under the Note or this Security Instrument is returned to Lender unpaid, Lender may require that any or all subsequent payments due under the Note and this Security Instrument be made in one or more of the following forms, as selected by Lender: (a) cash; (b) money order; (c) certified check, bank check, treasurer’s check, or cashier’s check, provided any such check is drawn upon an institution whose deposits are insured by a U.S. federal agency, instrumentality, or entity; or (d) Electronic Fund Transfer. Payments are deemed received by Lender when received at the location designated in the Note or at such other location as may be designated by Lender in accordance with the notice provisions in Section 16. Lender may accept or return any Partial Payments in its sole discretion pursuant to Section 2. Any offset or claim that Borrower may have now or in the future against Lender will not relieve Borrower from making the full amount of all payments due under the Note and this Security Instrument or performing the covenants and agreements secured by this Security Instrument.

  • Reimbursement Premium (1) The Company shall, in a timely manner, pay the SBA its Reimbursement Premium for the Contract Year. The Reimbursement Premium for the Contract Year shall be calculated in accordance with Section 215.555, Florida Statutes, with any rules promulgated thereunder, and with Article X(2).

  • Premium Once your contract of insurance has been concluded, we will send you an invoice (also referred to as a debit note). You must pay the premium due in accordance with the amounts and payment dates specified in the invoice. Failure to meet the payment due date may lead insurers to cancel your policy. No payment shall be deemed to have been received until we have received cleared funds. Where insurers have specified that the premium must be received by a certain date, failure to comply can result in automatic termination of your insurance contract.

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