Classification Payment Principles Sample Clauses

Classification Payment Principles. (1) Team members performing duties in a higher level for a minimum of one hour or more continuously will receive payment at the higher rate for actual hours worked whilst performing such duties, except team members providing supervision who will be paid in accordance with subparagraph 5.1.8 (3) of this Agreement. (2) If a team member works regular rostered hours in another area of lower classification, they will be paid the lower rate. If the team member is requested to work on an ad hoc basis in a lower classification, they will continue to receive their normal (higher) rate. (3) New adult team members with no relevant retail experience shall be paid an “introductory rate” equivalent to 95% of either the Level 1 rate or the Level 2 rate for new Administrative Assistants (Level A) up to a maximum of 3 months. (4) Administrative Assistants who are providing supervision in accordance with subparagraph 5.1.8.(3) of this Agreement shall be paid the Level 3 rate plus 2.5%. (5) Weekly rates shall be calculated to the nearest 10 cents with any amount less than 5 cents being disregarded. (6) The ordinary hourly rate of pay shall be calculated by dividing the appropriate weekly rate for a Retail Team Member by 38.
Sample 1Sample 2
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Classification Payment Principles. (1) Team members performing duties in a higher level for a minimum of one hour or more continuously will receive payment at the higher rate for actual hours worked whilst performing such duties, except team members providing supervision who will be paid in accordance with subparagraph 5.1.7 (3) of this Agreement. (2) If a team member works regular rostered hours in another area of lower classification, they will be paid the lower rate. If the team member is requested to work on an ad hoc basis in a lower classification, they will continue to receive their normal (higher) rate. (3) New adult team members with no relevant retail experience shall be paid an “introductory rate” equivalent to 95% of either the Level 1 rate or the Xxxxx 0 xxxx xxx xxx Xxxxxxxxxxxxxx Xxxxxxxxxx (Xxxxx X) up to a maximum of 3 months. (4) Administrative Assistants Level B who are providing supervision to other Administrative Assistants Level B in accordance with subparagraph 5.1.7.(3) of this Agreement shall be paid the Xxxxx 0 rate plus 2.5%. (5) Weekly rates shall be calculated to the nearest 10 cents with any amount less than 5 cents being disregarded. (6) The ordinary hourly rate of pay shall be calculated by dividing the appropriate weekly rate for a team member by 38.
Sample 1
Classification Payment Principles. (1) Employees performing duties in a higher level for a minimum of one hour or more continuously will receive payment at the higher rate for actual hours worked whilst performing such duties, except employees providing supervision who will be paid in accordance with Appendix A subparagraph (H)(3) of this Agreement. (2) If an employee works regular rostered hours in another area of lower classification, they will be paid the lower rate. If the employee is requested to work on an ad hoc basis in a lower classification, they will continue to receive their normal (higher) rate. (3) New adult employees with no relevant retail experience shall be paid an “introductory rate” equivalent to 95% of either the Level 1 rate or the Level 2 rate for new Administrative Assistants (Level A) up to a maximum of 3 months. (4) Administrative Assistants who are providing supervision in accordance with Appendix A subparagraph (H)(3) of this Agreement shall be paid the Level 3 rate plus 2.5%. (5) Weekly rates shall be calculated to the nearest 10 cents with any amount less than 5 cents being disregarded. (6) The ordinary hourly rate of pay shall be calculated by dividing the appropriate weekly rate for a Retail Employee by 38.
Sample 1

Related to Classification Payment Principles

  • Basic Principles The Electrical Contractor and the Union have a common and sympathetic interest in the Electrical Industry. Therefore, a working system and harmonious relations are necessary to improve the relationship between the Employer, the Union and the Public. Progress in industry demands a mutuality of confidence between the Employer and the Union. All will benefit by continuous peace and by adjusting any differences by rational common-sense methods.

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

  • Funding Principles A Party which spends less than its allocated share of the Consortium Budget will be funded in accordance with its actual duly justified eligible costs only. A Party that spends more than its allocated share of the Consortium Budget will be funded only in respect of duly justified eligible costs up to an amount not exceeding that share.

  • Tax Classification The Series shall elect to be treated as an association taxable as a corporation under Treasury Regulations Section 301.7701-3 with effect for each taxable period of its existence. The Series and each Member shall file all tax returns and shall otherwise take all tax and financial reporting positions in a manner consistent with such treatment. No election will be filed with the Internal Revenue Service (or the tax authorities of any State) to have the Series taxable other than as an association taxable as a corporation for income tax purposes.

  • General Principles Each Party shall implement its tasks in accordance with the Consortium Plan and shall bear sole responsibility for ensuring that its acts within the Project do not knowingly infringe third party property rights.

  • XXXXXXXX FAIR EMPLOYMENT PRINCIPLES In accordance with the XxxXxxxx Fair Employment Principles (Chapter 807 of the Laws of 1992), the Contractor hereby stipulates that the Contractor either (a) has no business operations in Northern Ireland, or (b) shall take lawful steps in good faith to conduct any business operations in Northern Ireland in accordance with the XxxXxxxx Fair Employment Principles (as described in Section 165 of the New York State Finance Law), and shall permit independent monitoring of compliance with such principles.

  • Cost Principles The Subrecipient shall administer its program in conformance with 2 CFR Part 200, et al; (and if Subrecipient is a governmental or quasi-governmental agency, the applicable sections of 24 CFR 85, “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments,”) as applicable. These principles shall be applied for all costs incurred whether charged on a direct or indirect basis.

  • Change in Accounting Principles If, after the date of this Agreement, there shall occur any change in GAAP from those used in the preparation of the financial statements referred to in Section 6.5 hereof and such change shall result in a change in the method of calculation of any financial covenant, standard or term found in this Agreement, either the Borrower or the Required Lenders may by written notice to the Lenders and the Borrower, respectively, require that the Lenders and the Borrower negotiate in good faith to amend such covenants, standards, and terms so as equitably to reflect such change in accounting principles, with the desired result being that the criteria for evaluating the financial condition of the Borrower and its Subsidiaries shall be the same as if such change had not been made. No delay by the Borrower or the Required Lenders in requiring such negotiation shall limit their right to so require such a negotiation at any time after such a change in accounting principles. Until any such covenant, standard, or term is amended in accordance with this Section 5.3, financial covenants shall be computed and determined in accordance with GAAP in effect prior to such change in accounting principles. Without limiting the generality of the foregoing, the Borrower shall neither be deemed to be in compliance with any financial covenant hereunder nor out of compliance with any financial covenant hereunder if such state of compliance or noncompliance, as the case may be, would not exist but for the occurrence of a change in accounting principles after the date hereof.

  • Operating Principles During the Term of a Site, Tower Operator shall manage, operate and maintain such Site (including with respect to the entry into, modification, amendment, extension, expiration, termination, structuring and administration of Ground Leases and Collocation Agreements related thereto), (i) in the ordinary course of business, (ii) in compliance with applicable Law in all material respects, (iii) in a manner consistent in all material respects with the manner in which Tower Operator manages, operates and maintains its portfolio of telecommunications tower sites and (iv) in a manner that shall not be less than the general standard of care in the tower industry. Without limiting the generality of the foregoing, during the Term of a Site, except as expressly permitted by the terms of this Agreement, Tower Operator shall not without the prior written consent of the AT&T Lessors (A) manage, operate or maintain such Site in a manner that would (x) diminish the expected residual value of such Site in any material respect or shorten the expected remaining economic life of such Site, in each case determined as of the expiration of the Term of such Site, or (y) cause such Site or a substantial portion of such Site to become “limited use property” within the meaning of Rev. Proc. 2001-28, 2001-1 C.B. 1156 (except, in the case of this clause (y), as required by applicable Law or any Governmental Authority), (B) structure any related Ground Lease in a manner such that the amounts payable thereunder are above fair market value during any period following or upon the expiration of the Term of such Site (without regard to any amounts payable prior to the expiration of the Term of such Site) or (C) structure any related Collocation Agreement in a manner such that the amounts payable thereunder are structured on an initial lump-sum basis (if such amounts payable are not capital contributions or other upfront payments for capital improvements to a Site related to the use of such Site by the collocator under such Collocation Agreement) or are otherwise less than fair market value during any period following or upon expiration of the Term of such Site (without regard to any amounts payable prior to the expiration of the Term of such Site), in each case unless otherwise expressly authorized by the terms and conditions of this Agreement and the Transaction Documents.

  • Governing Principles 1. The implementation of this Memorandum of Understanding shall in all aspects be governed by the Regulation and subsequent amendments thereof. 2. The objectives of the EEA Financial Mechanism 2014-2021 shall be pursued in the framework of close co-operation between the Donor States and the Beneficiary State. The Parties agree to apply the highest degree of transparency, accountability and cost efficiency as well as the principles of good governance, partnership and multi-level governance, sustainable development, gender equality and equal opportunities in all implementation phases of the EEA Financial Mechanism 2014-2021. 3. The Beneficiary State shall take proactive steps in order to ensure adherence to these principles at all levels involved in the implementation of the EEA Financial Mechanism 2014-2021. 4. No later than 31/12/2020, the Parties to this Memorandum of Understanding shall review progress in the implementation of this Memorandum of Understanding and thereafter agree on reallocations within and between the programmes, where appropriate. The conclusion of this review shall be taken into account by the National Focal Point when submitting the proposal on the reallocation of the reserve referred to in Article 1.11 of the Regulation.

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