Eligibility for Compensation Sample Clauses

Eligibility for Compensation. All eligible employees, in order to be entitled to a legal holiday as provided, shall be in full pay status on their scheduled work day immediately preceding and immediately following such holiday. If the employee is in a partial leave without pay status, either the scheduled work day before or after the holiday, the holiday benefit will be prorated accordingly.
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Eligibility for Compensation. 6.3.1 All full time salaried employees are eligible to be compensated financially at the overtime rate(s) or to bank hours in lieu of equal time off at time and one half or double time (dependent on how the hours were earned) for all hours worked, as outlined in Article 6.4. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. The number of hours banked are not to exceed 35 hours (or 37.5 or 40 depending on the employee’s work week) at any point in time. For the purpose of calculating the maximum number of lieu time hours placed in the bank, overtime hours (hours worked multiplied by 1.5 or 2 as defined in Article 6.4) will be converted prior to being placed in the lieu time bank. Any hours in excess of 35, 37.5 or 40 hours will be paid out at the employees’ next pay. Banked hours can be carried from year to year upon approval by management. Employees may request payment of banked lieu time hours at any time throughout the calendar year. Payments made to the employee by the Corporation will be paid at the wage rate in effect at the time the overtime was worked. All hours in an employees’ lieu time bank must be taken or paid out, if the employee transfers to a new division of the Town unless approval from the new division is granted.
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Eligibility for Compensation. Only U.S. Citizens, residents, or business organizations with valid IRS taxpayer ID (or social security numbers) are eligible for to receive Compensation.
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Eligibility for Compensation. 6.3.1 All full time salaried employees are eligible to be compensated financially at the overtime rate(s) outlined in Article 6.4 or to bank hours in lieu of equal time off at time and one half for all hours worked, as authorized by Management. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. The number of hours banked are not to exceed 35 hours (or 37.5 or 40 depending on the employee’s work week) per year. For the purpose of calculating the maximum number of lieu time hours placed in the bank, overtime hours (hours worked multiplied by 1.5) will be converted prior to being placed in the lieu time bank. Banked hours can be carried from year to year upon approval by management. Employees may elect to convert their lieu time hours for payment each year. The decision to receive payment for lieu time hours must be made by September 1st and will be paid out after September 30th. Payments made to the employee by the Corporation will be paid at the wage rate in effect at the time the overtime was worked.
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Eligibility for Compensation. 1) Must be an individuals, legal entities or organizations that are affected in construction area of the project, compensation policies according to this issued agreement will be applied.
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Eligibility for Compensation. All full time salaried employees are eligible to be compensated financially at the overtime outlined in Article or to bank hours in lieu of equal time off at time and one half for all hours worked, as authorized by Management. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. The number of hours banked are not to exceed hours (or or depending on the employee's work week) per year. For the purpose of calculating the maximum number of lieu time hours placed in the bank, overtime hours (hours worked multiplied by will be converted prior to being placed in the lieu time bank. Banked hours can be carried from year to year upon approval by management. Employees may elect to convert lieu time hours for payment each year. The decision to receive payment for lieu time hours must be made by September 1st and will be paid out after September 30th. Payments made to the employee by the Corporation will be paid at the wage rate in effect at the time the overtime was worked. The appropriate department will maintain an official ledger for overtime whether hours are banked or paid. OVERTIME RATES Payment of overtime hours shall be as follows except for those hours outlined in Article and at the appropriate rates. One and one-half times for all eligible hours worked commencing at the end of an employee's shift up until midnight and for all hours worked on Saturday. Two times for all eligible hours worked Monday through Saturday from midnight to the time the employee commences the normal shift and for all hours on a Sunday or on a Statutory Holiday. If an employee is required to work on a Statutory Holiday, he shall be entitled to applicable overtime compensation and an additional day off with pay at a time as may be mutually agreed to, regardless of the amount of hours worked during the day. MEAL ALLOWANCE A meal allowance of ten dollars ($10.00) shall be paid to employees who are required to work three (3) consecutive overtime hours and for each additional three (3) consecutive overtime hours that they were not advised of the necessity of the overtime prior to the completion of the previous shift. STANDBY Employees who are required to be on standby, that is, immediately available by telephone and able to work shall be paid the rate of (twenty- seven dollars) per day: except on Saturdays, Sundays and Statutory Holidays which will be paid at (thirty-two dollars) per day. Employees, while on standby, who conduct Town business via the...
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Eligibility for Compensation. A vessel owner is not eligible for compensa- tion under this section with respect to fishing vessel or fishing gear damage, loss, or destruc- tion and resulting economic loss unless such owner—
Sample 1
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Eligibility for Compensation. All full time salaried employees are eligible to be compensated financially at the overtime outlined in Article or to bank hours in lieu of equal time off at straight time, as authorized'by Management. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. Banked hours will not be subsequently converted to paid hours but will be taken at time off in lieu. The number of hours banked are not to exceed hours per year. Hours included in the employees' bank at the end of the calendar year, (carried over) must be taken as lieu time by June 30th of the next year. The appropriate department will maintain an official ledger for overtime whether hours are banked or paid. OVERTIME RATES Payment of overtime hours shall be as follows except for those hours outlined in Article and at the appropriate rates. One and one-half times for all eligible hours worked commencing at the end of an employee's shift up until midnight and for all hours worked on Saturday and Sunday from the time the employee normally commences the normal working shift, Monday to Friday, up until midnight. Two times for all eligible hours worked Monday through Sunday from midnight to the time the employee commences the normal shift and for all hours on a Statutory Holiday.
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Eligibility for Compensation 
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Related to Eligibility for Compensation

  • Your Compensation (a) Your fee, if any, for acting as agent with respect to sales of Portfolio shares will be as provided in the Prospectus or in the applicable schedule of agency fees issued by us and in effect at the time of the sale. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of agency fees, or issue a new schedule. (b) If a Portfolio has adopted a plan pursuant to Rule 12b-1 under the Investment Company Act of 1940 (a "Plan"), we may make distribution payments or service payments to you under the Plan. If a Portfolio does not have a currently effective Plan, we or Fidelity Management & Research Company may make distribution payments or service payments to you from our own funds. Any distribution payments or service payments will be made in the amount and manner set forth in the Prospectus or in the applicable schedule of distribution payments or service payments issued by us and then in effect. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of distribution payments or service payments, or issue a new schedule. A schedule of distribution payments or service payments will be in effect with respect to a Portfolio that has a Plan only so long as that Portfolio's Plan remains in effect. (c) After the effective date of any change in or discontinuance of any schedule of agency fees, distribution payments, or service payments, or the termination of a Plan, any agency fees, distribution payments, or service payments will be allowable or payable to you only in accordance with such change, discontinuance, or termination. You agree that you will have no claim against us or any Portfolio by virtue of any such change, discontinuance, or termination. In the event of any overpayment by us of any agency fee, distribution payment, or service payment, you will remit such overpayment. (d) If, within seven (7) business days after our confirmation of the original purchase order for shares of a Portfolio, such shares are redeemed by the issuing Portfolio or tendered for redemption by the customer, you agree (i) to refund promptly to us the full amount of any agency fee, distribution payment, or service payment paid to you on such shares, and (ii) if not yet paid to you, to forfeit the right to receive any agency fee, distribution payment, or service payment payable to you on such shares. We will notify you of any such redemption within ten (10) days after the date of the redemption. 4.

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

  • Employees and Compensation Schedule 3.12 contains a true and complete list of all employees of the Station, their job description, date of hire, salary and amount and date of last salary increase. Schedule 3.12 also contains a true and complete list as of the date of this Agreement of all employee benefit plans or arrangements applicable to the employees of the Station and all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed by Seller at the Station, including pension or thrift plans, individual or supplemental pension or accrued compensation arrangements, contributions to hospitalization or other health or life insurance programs, incentive plans, bonus arrangements, and vacation, sick leave, disability and termination arrangements or policies, including workers' compensation policies, and a description of all fixed or contingent liabilities or obligations of Seller with respect to any person now or formerly employed at the Station or any person now or formerly retained as an independent contractor at the Station.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Employment Compensation Schedule 3.16 contains a true and correct list of all employees to whom Company is paying compensation, including bonuses and incentives, at an annual rate in excess of Fifteen Thousand Dollars ($15,000) for services rendered or otherwise; and in the case of salaried employees such list identifies the current annual rate of compensation for each employee and in the case of hourly or commission employees identifies certain reasonable ranges of rates and the number of employees falling within each such range.

  • Director Compensation Petitioner shall not compensate members of the Charter School’s Governing Board in excess of reasonable expenses incurred in connection with actual attendance at board meetings or with performance of duties associated therewith.

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