Callback Minimum Clause Samples
A Callback Minimum clause sets a baseline amount that must be paid or received in the event a contractual callback is triggered. In practice, this means that even if the calculated callback amount would otherwise be lower, the party invoking the callback is guaranteed to receive at least the specified minimum sum. This clause is commonly used in financial agreements or licensing deals to ensure that the party subject to the callback is protected from receiving an unreasonably low amount. Its core function is to provide certainty and financial protection by establishing a floor for callback payments, thereby reducing risk for the affected party.
Callback Minimum. Employees, who are called back to work after having completed the normal shift and/or after having left the worksite, shall be compensated a minimum of two (2) hours at the overtime rate.
Callback Minimum. Employees, who are called back to work after having completed the normal shift and/or after having left the worksite, shall be compensated a minimum of two (2) hours at the overtime rate.
11.1 Holidays - Fixed Holidays The City shall observe twelve (12) fixed-date holidays. These holidays shall be established for the City's fiscal year as determined by City Council resolution The holidays for calendar years 2016, 2017, 2018 , and 2019 are as follows: Independence Day Labor Day Columbus Day Veterans' Day Thanksgiving Day Day after Thanksgiving Christmas Eve Christmas Day New Year's Day ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ Day Presidents' Day Memorial Day When a holiday falls on a Saturday, that holiday will be observed on the prior Friday. When a holiday falls on a Sunday, that holiday will be observed on the following Monday. Should this conflict with a Friday or Monday designated holiday, the Friday or Monday holiday will occur on the preceding Thursday or following Tuesday. Observance by an employee of a designated religious event may be granted, if practical, with at least seven (7) days prior approval required for such leave, under the following methods:
(A) Time charged to accrued vacation allowance; or
(B) Time off without pay Holidays currently provided in the MO U will be based on the employee' s regular work shift. For example, if an employee works a 4/10 schedule, s/he shall receive 10 hours of holiday pay for the holiday. If an employee works a 9/80 schedule, s/he shall receive 9 hours of holiday pay for the holiday. If an employee works a 5/8 (five days per week, 8 hours per day) schedule, s/he shall receive 8 hours of holiday pay for the holiday. The same shall be true for any employee whose regular work week is fewer than 40 hours per week, except that no such employee shall receive more than eight (8) hours of pay for the holiday.
Callback Minimum. All regular "line" and "staff" members of the Department who work callback assignments as defined in Sections 4.4 and 4.5 below shall be guaranteed compensation for a minimum of two (2) hours when such callback assignments result in less than two (2) hours of actual work.
Callback Minimum. Employees called back to the work location shall receive a minimum of four (4) hours pay (time and one half on holidays) or the actual hours worked, whichever is greater.