Calculation of Earnings. 14.04.10 Subject to Articles 14.04.20 and 14.04.30, for the purposes of this article an employee's total wages for a
Calculation of Earnings. 14.04.10 Subject to Articles 14.04.20 and 14.04.30, for the purposes of this article an employee's total wages for a calendar year means the amount reported by the Company to the Income Tax Branch of the Department of National Revenue as the earnings of such employee for such year less any amount paid to him as a vacation bonus in accordance with Article 14.03. Total wages shall not include any taxable allowances considered as earnings for taxation purposes.
Calculation of Earnings. (a) Within forty-five (45) days following the end of each Future Earnings Period, the General Partner shall prepare and deliver to Seller a statement of Future Annual Earnings with respect to such Future Earnings Period (the "Earnings Statement"). During the 30 days immediately following receipt of the Earnings Statement by Seller, the Seller and his accountants shall be entitled to review the Earnings Statement and any working papers, trial balances and similar materials relating to the Earnings Statement prepared by the General Partner or its accountants, and the General Partner shall provide Seller and his accountants with reasonable access, during the General Partner's normal business hours, to the Partnership's personnel, properties, books and records for the sole purpose of verifying the Earnings Statement.
(b) The Earnings Statement shall become final and binding upon the Seller on the day the Purchaser receives written notice from the Seller that the Earnings Statement is agreed to, or in the absence of such notice, on the 31st day following delivery of such Earnings Statement, unless the Seller gives written notice to the Purchaser of its disagreement with the Earnings Statement (a "Notice of Disagreement") prior to such date. Any Notice of Disagreement shall specify in reasonable detail the nature of any disagreement so asserted.
(c) If a timely Notice of Disagreement is received by the Purchaser with respect to the Earnings Statement, then the Earnings Statement shall become final and binding upon the parties on the earlier of (A) the date the Purchaser and the Seller resolve in writing all differences they have with respect to the matters specified in a Notice of Disagreement, or (B) the date the matters in dispute are finally resolved in writing by the Arbitrator in the manner described below.
(d) During the 30 days immediately following the delivery of any Notice of Disagreement, the Purchaser and the Seller shall seek in good faith to resolve in writing any differences which they may have with respect to the matters specified in such Notice of Disagreement. During such period, the Seller and his accountants shall each have reasonable access to the Partnership's records and books of account and may, at Seller's expense, examine, inspect, make copies and audit the Partnership's books and records. If such differences have not been resolved by the end of such 30-day period, Purchaser and Seller shall submit any and all matters which remain in di...
Calculation of Earnings. An employee’s vacation pay for each week of entitlement shall be at the rate of 2% of gross annual earnings, or current annual rate, whichever is greater. Calculation of vacation for all permanent employees shall be based on a fifty-two week working year.
Calculation of Earnings. As soon as reasonably practicable following March 31, 2011, and in any event within ten (10) Business Days after the date that Enson closes their books with respect to March 31, 2011, Buyer shall cause Enson to commission the Auditor to prepare audited consolidated financial statements of Enson for the year ending and as of March 31, 2011 in accordance with the Company Earnings Principles (the “Audited Accounts”) and a calculation of the Company Earnings for the year ended March 31, 2011 based upon the Audited Accounts and adjusted in accordance with the agreed adjustment as set out in Annex C within forty five (45) calendar days of confirmation and acknowledgement of its appointment in connection herewith and in any event not later than June 30, 2011. Enson and Seller shall have ten (10) Business Days from receipt thereof to submit a Dispute Notice to the other and to Auditor setting forth any adjustments that either, in good faith, makes to such Audited Accounts and Company Earnings, and Enson, Buyer and Seller shall, in good faith, work to promptly resolve all issues set forth in such Dispute Notice.
Calculation of Earnings. (a) Where an employee has been absent from duty in a week in circumstances entitling the employer to deduct payment for the time of non- attendance, the employee will be paid for the ordinary hours worked during such week at the rate of the appropriate amount per week.
(b) Where an allowance as prescribed by clause 20 is payable to an employee, payments during paid leave and for holidays of this Agreement will be calculated at the rate of the appropriate amount per week.
(c) Calculations for overtime, penalty rates, shift work and other payments under the Agreement will be made at the rate prescribed by this sub-clause for the classification in which the employee is employed.
Calculation of Earnings. A Regular Casual Employee shall be entitled to an increment on the completion of one thousand eight hundred and twenty five (1825) hours of work (tour and active duty) and a further increment on the completion of each period of one thousand eight hundred and twenty five (1825) hours thereafter to the maximum increment granted to full-time employees. However, after any three (3) consecutive calendar years of uninterrupted service and the completion of a minimum of nine hundred 900 worked hours, an employee will be granted an increment. After the increment is granted, the employee’s hours of service will recommence at zero (0) for purposes of increment entitlement.
Calculation of Earnings. Subject to and for the purposes of this article an employee’s total wages for a calendar year means the amount reported by the Company to the lncome Tax Branch of the Department of National Revenue as the earnings of such employee for such year less, any amount paid to him as a vacation bonus in accordance with Article 14.03. Total wages shall not include any taxable allowances considered as earnings for taxation purposes. If during a calendar year an employee with one or more vacation service years who has worked at least 150 hours but less than 2080 hours during the year is absent from work for a period clue to illness, accident or disability of a non-occupational nature for which benefits are payable (or would be payable if the employee were eligible) under the Welfare Plan currently in effect, that employee’s total wages for such calendar year shall, for the purpose of this article, be deemed to include the estimated amount he would have earned during such period (projected from his actual earnings for the time worked during the calendar year) up to the following maximums.
Calculation of Earnings. All Casual Employee shall be entitled to an increment on the completion of 1825 hours of work and a further increment on the completion of each period of 1825 hours thereafter to the maximum increment granted to Full-Time Employees. However, after any three (3) consecutive calendar years of uninterrupted service and the completion of a minimum of six hundred (600) worked hours, an Employee will be granted an increment. After the increment is granted, the Employee’s hours of service will recommence at zero (0) for purposes of increment entitlement.
Calculation of Earnings. All Casual Employee shall be entitled to an increment on the completion of 2190 hours of work and a further increment on the completion of each period of 2190 hours thereafter to the maximum increment granted to Full-Time Employees.
