Common use of PAY DAY Clause in Contracts

PAY DAY. 8.1 Pay day shall be every second Friday. Each pay period, employees shall receive a statement showing deductions and adjustments and their pay shall be deposited into the employee's bank account(s). The employee is accountable to provide appropriate bank account numbers for up to two (2) deposit accounts. If a pay day falls on a general holiday, then the pay day shall be the preceding business day. For purposes of this clause, “business day” shall mean any day between Monday and Friday, inclusive, which is not a statutory holiday. Salary Grids

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

AutoNDA by SimpleDocs

PAY DAY. 8.1 8.1.1 Pay day shall be every second Friday. Each pay period, employees shall receive a statement showing deductions and adjustments and their pay shall be deposited into the employee's bank account(s). The employee is accountable to provide appropriate bank account numbers for up to two (2) deposit accounts. If a pay day falls on a general holiday, then the pay day shall be the preceding business day. For purposes of this clause, “business day” shall mean any day between Monday and Friday, inclusive, which is not a statutory holiday. Salary Grids.

Appears in 6 contracts

Samples: Agreement, Agreement, Agreement

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