Amount of Pay Sample Clauses

Amount of Pay. Days accumulated toward severance pay as noted in 13-10-2, 13-10-3 and 13-10-4 shall be the product of this multiplication and will be the number of days of severance pay to be paid to the teacher upon retirement.
Sample 1Sample 2
AutoNDA by SimpleDocs
Amount of Pay. Days accumulated toward severance pay as noted in 11-1-2, 11-1-3, and 11-1-4 shall be multiplied by the daily rate of pay.
Sample 1Sample 2
Amount of Pay. Employees who are called back will be paid for all hours worked at one and one-half (1- 1/2) times their straight time rate or for a minimum of three (3) hours at one and one-half times (1-1/2) their straight time rate, whichever is greater. If, at the commencement of the call-back period, the employee has more than forty (40) hours for the workweek that are considered hours worked for overtime purposes, the time actually worked on call- back is paid at the rate of one and one half (1-1/2) times straight time pay.
Sample 1
Amount of Pay. Excluding the five (5) day waiting period, the amount of the payments shall be 85% or 60% (as described above) of the base hourly rate plus COLA, to include shift differential for base scheduled hours, not to exceed eight (8) hours for workday (40 hours/week). Benefits will be paid by a combination of insurance through the Company's short term disability carrier and salary continuation. An employee on short term disability leave will revert to an 8/hr day 40/hr/wk schedule during the leave. All disability payments provided for in this Contract shall be reduced by the amount or amounts of any other benefits which might be provided through state or federal legislation for the same type of disability and for the same period of absence. Above sets forth major provisions of the coverage. The plan certificate provides coverage details and guidance and is binding. The Company shall not eliminate nor shall they provide less than substantially equivalent benefits, subject to availability of such plan, unless they notify the Union in accordance with applicable federal and state law.
Sample 1
Amount of Pay. Payment for Sick Leave days shall be for an eight (8) hour day, except as otherwise provided for those employees assigned to a four (4) ten (10) hour work week.
Sample 1
Amount of Pay. Payment for sick leave days shall be for a four (4) hour day.
Sample 1
Amount of Pay. The product of this multiplication will be the number of severance days to be paid to the employee upon retirement based on the days accumulated according to 8-7-2 and 8-7-3 times the daily rate.
Sample 1
AutoNDA by SimpleDocs
Amount of Pay. In determining the amount of the Separation Pay, the following calculation will be used: Two (2) weeks (80 hours) pay per complete year of continuous service. The minimum Separation Pay shall be two (2) week’s pay. The maximum Separation Pay shall be 78 weeks of pay. A "Week’s Pay" shall be based on 40 hours per week at the hourly rate of pay in effect on the layoff date (excluding shift premium). Where an employee has worked for at least 26 weeks in the 12-month period immediately preceding the date of his layoff in a job classification at the higher rate than the job classification he held at the time of layoff, his separation pay will be computed on the basis of the higher hourly rate.
Sample 1

Related to Amount of Pay

  • Amount of Payment The “Early Termination Payment” payable to a Member pursuant to Section 4.3(a) shall equal the present value, discounted at the Early Termination Rate as determined as of the Early Termination Reference Date, of all Tax Benefit Payments that would be required to be paid by the Corporation to such Member, whether payable with respect to Units that were Exchanged prior to the Early Termination Effective Date or on or after the Early Termination Effective Date, beginning from the Early Termination Effective Date and using the Valuation Assumptions. For the avoidance of doubt, an Early Termination Payment shall be made to each Member, regardless of whether such Member has Exchanged all of its Units as of the Early Termination Effective Date.

  • Amount of Compensation City shall pay Contractor for performance of all Services rendered in accordance with this Contract in an amount not to exceed $2,000,000.

  • Amount of Fee Prior to the beginning of each membership year, the Association will notify the Board in writing of the amount of the regular membership dues, initiation fees and assessments charged by the Association to its own members for that membership year. The representation fee to be paid by nonmembers will be equal to the maximum allowed by law.

  • Amount of Rs ( ) (not exceeding 95% of the total consideration) to be paid to the Promoter on completion of the lifts, water pumps, electrical fittings, electro, mechanical and environment requirements, entrance lobby/s, plinth protection, paving of areas appertain and all other requirements as may be prescribed in the Agreement of sale of the building or wing in which the said Apartment is located.

  • Amount of Leave An employee may be granted paid leave to attend defence forces reserves training programs or courses on the following basis: Service Annual Training School, class or course of instruction Navy 13 calendar days 13 calendar days Army 14 calendar days 14 calendar days Air Force 16 calendar days 16 calendar days

  • Amount of Loan The Loan shall comprise the aggregate amount of Tranches disbursed by the Bank under the Credit, as confirmed by the Bank pursuant to Article 2.03.

  • Amount of Paid Personal Leave (i) Paid personal leave is available to an employee, when they are absent:

  • Principal Amount The aggregate principal amount of the Notes that may be initially authenticated and delivered under the Indenture (the “Initial Notes”) shall be $100,050,000 (except for Notes authenticated and delivered upon registration of, transfer of, or in exchange for, or in lieu of, other Notes pursuant to Sections 3.4, 3.5, 3.6, 9.6 or 11.7 of the Base Indenture). The Company may from time to time, without the consent of the Holders of Notes, issue additional Notes (in any such case “Additional Notes”) having the same ranking and the same interest rate, Maturity and other terms as the Initial Notes. Any Additional Notes and the Initial Notes shall constitute a single series under the Indenture and all references to the Notes shall include the Initial Notes and any Additional Notes unless the context otherwise requires.

  • Amount of Benefit The annual benefit under this Section 3.1 is the Normal Retirement Benefit amount described in Section 2.1.1.

  • Amount of Sick Leave (a) Full-time Employees - Full-time employees shall accumulate sick pay credits at the rate of one and a half (1-1/2) days per month for each calendar month of service up to a maximum credit of 240 days. The Parties agree that full-time employees will not accumulate sick leave credits during the separation period during July and August.

Time is Money Join Law Insider Premium to draft better contracts faster.