Callback Provisions Clause Samples
A callback provision is a contractual clause that allows an issuer or seller to repurchase or reclaim an asset, security, or interest from the holder under specified conditions. Typically found in bond agreements or stock option plans, this provision enables the original issuer to buy back bonds before maturity or to repurchase shares from employees if they leave the company. The core practical function of a callback provision is to provide flexibility and control to the issuer, helping manage financial obligations or retain ownership structure, and to address scenarios where early repurchase is beneficial or necessary.
Callback Provisions. Employees called back to work, to work overtime shall be compensated for a minimum of two hours at applicable overtime rates.
Callback Provisions. Employees called back to work at an Employer's worksite, to work overtime will be compensated for a minimum of two hours at applicable overtime rates. These employees will receive a transportation allowance based on the cost of taking a taxi from their home to the Employer's place of business and return or, if the employee normally drives their automobile to work, the vehicle allowance from the employee's home to the Employer's place of business and return. The minimum allowance will be two dollars. Employees who are required to work without being called back to attend at the Employer's worksite (e.g. fielding telephone calls) will be compensated at one and one-half times the normal rate of pay for 30 minutes or portion thereof for every call-back or for the actual duration of the work if it exceeds 30 minutes.
Callback Provisions. Employees called back to work, to work overtime will be compensated for a minimum of two hours at applicable overtime rates. These employees will receive a transportation allowance based on the cost of taking a taxi from their home to the Employer's place of business and return or, if the employee normally drives her automobile to work, the vehicle allowance from the employee's home to the Employer's place of business and return. The minimum allowance will be two dollars.
Callback Provisions. An employee called back to work after completing a normal day's work, or from a normal day off, or from vacation, shall be paid at overtime rates for all hours worked, and will be paid for a minimum of four hours.
Callback Provisions. (a) Employees called back to work at an Employer's worksite, to work overtime will be compensated for a minimum of two (2) hours at applicable overtime rates. These employees will receive reimbursement for mileage if they are called into work and the employee is not at the worksite when overtime is requested.
(b) Employees who are required to work without being called back to attend at the Employer's worksite (e.g. fielding telephone calls) will be compensated at one and one-half times (1½x) the normal rate of pay for thirty (30) minutes or portion thereof for every call-back or for the actual duration of the work if it exceeds thirty (30) minutes. This will only happen with pre-approval from the Program Director.
Callback Provisions. When an employee is called or reports for work on regular schedule and finds the schedule has been changed without proper notification twenty-four (24) hours, such employee shall receive four (4) hours' pay for any originally scheduled time not worked because of the change in schedule.
Callback Provisions. Employees called back to work, after they have punched out and left the site, to work overtime shall be compensated for a minimum of two hours at applicable overtime rates. Overtime Entitlement Overtime entitlement shall be calculated in 15 minute increments; however, employees shall not be entitled to any compensation for periods of overtime of less than eight minutes per day. Allocation of Overtime For the Culinary department, overtime work shall be allocated as set out in Article 15 (Culinary Scheduling). For Casino operations, overtime shall be allocated as follows:
Callback Provisions. 20
15.10 No Layoff to Compensate for Overtime 20 15.11 Choice of Time Off or Pay for Overtime 20
16.1 Paid Holiday 20 16.2 Holiday Falling on Saturday or Sunday 21