Compensation and Working Hours Sample Clauses

Compensation and Working Hours. All employees must have contracts that comply with Chinese labour laws. Suppliers must provide each employee at least the legal minimum wage (where applicable). Wages should be paid regularly and on time. Payment should not be made from employees’ pay for disciplinary reasons or to compensate the employer for providing safer work conditions. Working time periods must not exceed the legal limit, and it should be noted, where relevant, to reflect any exceptional hazards or risks of the work being done. Employees should be properly compensated for overtime according to Chinese law and within legal working hour limits. Employees should be granted annual leave and sick leave (in accordance with Chinese law) without any repercussions and should be able to take their stipulated maternity or paternity leave (if applicable under national laws).
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Compensation and Working Hours. Suppliers must comply with applicable wage and hour labor laws and regulations governing employee compensation and working hours. Suppliers should conduct operations in ways that limit overtime to a level that ensures a humane and productive work environment. • Health and Safety: Suppliers must provide workers with a safe and healthy work environment. They should take proactive measures that support accident prevention and minimize health risk exposure. They must ensure their operations comply with all laws related to health and occupational safety. • Environment: Suppliers are expected to conduct their operations in a way that minimizes the impact on natural resources and protects the environment, customers, and employees. They must ensure their operations comply with all applicable laws related to air emissions, water discharges, toxic substances, and hazardous waste disposal. • Gifts and Gratuities: Suppliers must not offer gifts to State Seal Company employees. This includes gifts of nominal value. Although giving gifts is acceptable in some cultures, State Seal requests that suppliers respect its policy of not accepting gifts.
Sample 1
Compensation and Working Hours. In view of the responsibilities entrusted to her, which involve a high degree of independence in the organization of her schedule, her authorization to make independent decisions, and her remuneration, which is among the highest in the Company, Xxxxxxxx Xxxxxxxx qualifies as a senior executive as defined by the French Labor Code. As a result, Xxxxxxxx Xxxxxxxx is not subject to the legal and collective bargaining rules governing working hours, and in particular is not required to keep a record of her working hours (Article L.3111-2 of the French Labor Code). Xxxxxxxx Xxxxxxxx receives flat-rate compensation for her work, on the understanding that there is no link between the amount of this compensation and actual working hours. This annual compensation consists of the following elements: • A fixed portion amounting to 295,000 euros gross per year, payable in twelve equal monthly installments. • A variable portion equivalent to 40% of her gross annual base salary. This payment will be conditional on the achievement of individual and collective annual targets, in accordance with the Company’s own terms and conditions. It has also been agreed to grant her, as part of the collective share allocation plan taking place at the end of November 2023, subject to approval by the Board of Directors on November 20, 2023: 113,000 stock options and 19,000 free shares subject to an attendance requirement, as defined in the detailed plan regulations, which Xxxxxxxx Xxxxxxxx will receive following approval.
Sample 1
Compensation and Working Hours. 3.1. In consideration for the performance of his duties, the Employee shall be entitled to the compensation set forth in Exhibit A attached hereto. 3.2. The provisions of any collective bargaining agreement, which exists at the date of this Agreement or shall exist during the term of this Agreement, do not, and will not, apply to the employment of the Employee, whether such collective agreement was signed among the government, the General Federation of Labor and Employers organizations, or any of such parties, or whether signed by others, in relation to the field or fields of the business of the Company or in relation to the Position held by or the profession of the Employee. 3.3. Employer's regular work days are from Sunday through Thursday. Notwithstanding the foregoing, the Employee agrees and acknowledges that he is hereunder employed in management position, which requires a special degree of personal trust. Accordingly, the provisions of the Work and Rest Hours Law, 5711-1951 shall not apply to Employee's employment by the Company and to the performance by the Employee of his duties hereunder. Thus, the Employee may be required, from time to time and according to the work load demanded of him, to work beyond the regular working hours and the Employee shall not be entitled to any further compensation other than as specified in this Agreement and the Exhibits hereto.
Sample 1
Compensation and Working Hours. A. The hourly rates of pay for employees covered by this Agreement are set forth in Appendix A of this contract. B. The normal workweek shall be Monday through Friday. The School, however, does not guarantee employees a consecutive five-day week nor an eight-hour day. Working hours of each employee shall be established by the employee's immediate supervisor. The workweek shall consist of forty (40) hours with the exception of employees whose work assignments are less. All hours over eight (8) in any one workday shall be paid at the rate of time and one-half, providing the employee works forty (40) hours within that workweek. Overtime must have prior approval of the immediate supervisor and the Assistant Superintendent. A "day's pay" constitutes the normal hours worked per day. Any additional work assigned to an employee, beyond their normally scheduled workweeks, will be assigned by the immediate supervisor with the approval of the Assistant Superintendent. In such cases, the employee shall be paid at his/her regular rate of pay. C. Compensatory time off in lieu of overtime pay may be practiced with a joint agreement between the employee and the immediate supervisor. Such agreements shall be written and signed by both parties. D. The employee shall receive the following paid holidays: Labor Day New Years Thanksgiving Day Good Friday Day after Thanksgiving Memorial Day Christmas July Fourth It is understood that thirty-eight (38) and forty (40) week employees are not paid for the July 4th holiday. If school is in session on Good Friday, the employees are expected to work. The School shall pay for the holiday at the employee's regular rate of pay, and such pay shall not count towards overtime rates. The pay shall be on the same pay period as the holiday.
Sample 1

Related to Compensation and Working Hours

  • Flexible Working Hours The Employer will, where operational requirements and efficiency of the service permit, authorize experiments with flexible working hours if the Employer is satisfied that an adequate number of Employees have requested and wish to participate in such an experiment.

  • Normal Working Hours Prevailing Wage Rate Projects: Work performed from 7:00 a.m. until 4:00

  • Working Hours For the purposes of this Agreement “

  • Services and Compensation Consultant shall perform the services described in Exhibit A (the “Services”) for the Company (or its designee), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services.

  • Compensation and Billing 6.1 The Facility shall only seek payment from EGID for the provision of Covered Services. The Facility agrees to accept the amount of the Allowable Fee for Covered Services as payment in full and agrees to only request payment from the Member for deductible, co-insurance and amounts for defined Non-Covered Services attributable to the Member’s Health Choice Plan. The payment shall be calculated and limited to the methodologies defined by this Contract. 6.2 When the Allowable Fee exceeds billed charges, EGID shall pay the appropriate percentage of the Allowable Fee and Member shall pay the appropriate percentage of billed charges unless the Member has met the stop loss limitation and then EGID shall pay the Allowable Fee and the Member has no liability. 6.3 When processing inpatient claims, EGID shall determine the MS-DRG Allowable Fee for non- transfer cases according to the following formula: Skilled Nursing Facility Services, Day Treatment and Residential treatment will be reimbursed utilizing the per diem methodology. In no event shall a per diem qualify as an Outlier. These benefits shall be allowed when the Member has received Medically Necessary Covered Services subject to the following policy limitations and conditions: a) EGID shall pay the appropriate percentage of the MS-DRG Allowable Fee and the Member shall pay the remainder of the MS-DRG Allowable Fee unless the Member has met the stop loss limitation, and then EGID shall pay one hundred percent (100%) of the MS-DRG Allowable Fee and the Member has no liability.‌ b) The MS-DRG shall be controlling, subject to EGID’s approval and Article X of the Contract.‌ c) The MS-DRG Allowable Fee does not include any physician professional component fees, which are considered for payment according to separately billed Current Procedural Terminology code Allowable Fees.‌ d) EGID may reduce its payment by any deductibles, coinsurance and co- payments owed by the Member.‌ e) EGID shall include the day of admission but not the day of discharge when computing the‌ number of facility days provided to a Member. Observation Facility confinements for which a room and board charge is incurred shall be paid based on inpatient benefits.‌ f) In the case of a transfer, the Transfer Allowable Fee for the transferring Facility shall be calculated as follows:‌ Transfer Allowable Fee = (MS-DRG Allowable Fee/Geometric Mean Length of Stay) x (Length of Stay + 1 day) The total Transfer Allowable Fee paid to the transferring Facility shall be capped at the amount of the MS-DRG Allowable Fee for a non-transfer case. EGID shall allow payment to the receiving Facility, if it is also the final discharging Facility, at the MS- DRG Allowable Fee as if it were an original admission.‌ g) EGID shall use the current version of the CMS MS-DRG grouper to categorize what shall constitute a procedure. XXXX’s and the Member’s financial liability shall be limited to the Allowable Fee as determined by XXXX.‌‌ h) The Facility agrees not to charge more for Medical Services to Members than the amount normally charged by the Facility to other patients for similar services.‌ i) For Outlier cases, EGID shall base its payment to the Facility using an Outlier Allowable Fee plus the MS-DRG Allowable Fee. The following formula shall be utilized to calculate the Outlier Allowable Fee:‌ Outlier Allowable Fee = [Billed Charges – (MS-DRG Allowable Fee + Outlier Threshold)] x Marginal Cost Factor 6.4 When processing Outpatient claims, XXXX agrees to pay the Facility the Allowable Fee based on appropriate billing according to the following: a) If a procedure does not have an Allowable Fee, EGID will allow a percentage of the billed charges for Covered Services.‌ b) EGID shall pay the appropriate percentage of the Allowable Fee and the Member shall pay the remainder based on the Member’s plan of benefits unless the Member has met the stop loss limitation, and then EGID shall pay 100% of the Allowable Fee and the Member has no liability.‌‌‌

  • EMPLOYMENT TERM AND COMPENSATION A. The Board hereby employs the Employee for a salary of $6,769 per bi-weekly pay period ($175,997/Annualized), payable in installments less any legally authorized deductions as the D71, Director, Application Development. B. The term of this contract shall commence on 7/1/2024 and terminate on 6/30/2025. C. The Board shall designate eight and one-half (8.5) percent of Employee’s SURS-eligible earnings as the Board contribution on behalf of the Employee in satisfaction of the Employee's required contribution to the Illinois State Universities Retirement System. The purpose of this section is to allow such Board contribution for retirement to be tax sheltered after the qualifying period of time has been met and to the extent allowed by the appropriate statutes and regulations. Both parties acknowledge that the Employee did not have the option of choosing to receive the contributed amounts directly, instead of having such contributions paid by the Board to the State Retirement System, and that such contributions are made as a condition of employment to secure the Employee's future services, knowledge and experience.

  • Developer Compensation for Emergency Services If, during an Emergency State, the Developer provides services at the request or direction of the NYISO or Connecting Transmission Owner, the Developer will be compensated for such services in accordance with the NYISO Services Tariff.

  • Compensation for Consulting Services For each quarter (i.e., three-month period) that Executive provides consulting services to MediciNova pursuant to the option of MediciNova contained in Section 9 above, MediciNova shall pay Executive a sum equal to fifteen percent (15%) of Executive’s annual Base Compensation which shall be applicable at the time of Executive’s termination of employment with MediciNova (prorated for any period of less than a quarter). The parties expressly agree that when Executive is performing consulting services for MediciNova, Executive is acting as an independent contractor. Therefore, Executive shall be solely liable for Social Security and income taxes that result from Executive’s compensation as a consultant. In addition, Executive shall not be entitled to any other benefits including, without limitation, such group medical, life and disability insurance and other benefits as may be provided to employees and/or executives of MediciNova.

  • Employment Period Compensation In consideration of the other provisions of this Agreement, and the Executive’s agreement to execute a Release Agreement, substantially in the form attached hereto as Exhibit B, in the event of his termination under relevant circumstances pursuant to which he would be paid severance benefits, ESC shall provide the Executive with the following payments and benefits, both those set forth in this section and elsewhere in this Agreement:

  • Other Than Normal Working Hours Non-prevailing Wage Rate Projects: Work performed from 4:00 p.m. to 7:00 a.m. Monday to Friday, and any time Saturday, Sunday, and Holidays. The Contractor will perform Tasks during Other Than Normal Working Hours for the Unit Price set forth in the CTC multiplied by the Adjustment Factor of: 1.

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