Common use of Bounced Checks Clause in Contracts

Bounced Checks. Should an employee’s check be returned by the bank for any reason, the Individual Employer shall be required to pay all bank charges. In addition, if an employee’s paycheck is not honored by the bank on which it is drawn on the initial deposit for reason of “insufficient funds,” the Individual Employer shall pay to said employee eight (8) hours of wages at the employees regular rate of wages for every calendar day, or portion thereof, until said employee receives full payment for the dishonored paycheck. Upon demand of the Union, said Individual Employer will be required to pay wages in cash or by certified check or cashier’s check in lieu of payroll checks.

Appears in 4 contracts

Samples: Plasterers Master Agreement, Plasterers Master Agreement, Plasterers Master Agreement

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