Statutory rate Sample Clauses

Statutory rate. Licensee will pay mechanical royalties at one hundred percent (100%) of the minimum statutory rate. The mechanical royalty rate will be the rate prevailing on an industry-wide basis in the country concerned on the date that this agreement has been entered into.
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Statutory rate. The total amount for taxes and fees required by applicable federal and state employment laws, including but not limited to, the Federal Insurance Contributions Act, Medicare, Florida Unemployment Compensation Act, Federal Unemployment Tax, Florida Workers’ Compensation Act, liability insurance, and Affordable Healthcare Act.

Related to Statutory rate

  • Pay Rate Sick leave pay shall be at the shift straight-time hourly rate.

  • SALARY RATES Section 12.1 The following shall apply to full-time employees:

  • Overtime Rate In accordance with the applicable wage and hour laws, the overtime rate will be one and one-half (1-1/2) of an employee’s regular rate of pay. The regular rate of pay will not include any allowable exclusions.

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