Compensation Distribution Sample Clauses

The Compensation Distribution clause outlines how payments or financial rewards are allocated among parties involved in an agreement. It typically specifies the method, timing, and proportions for distributing compensation, such as dividing profits among business partners or paying employees based on performance metrics. This clause ensures transparency and fairness in financial dealings, helping to prevent disputes by clearly defining each party’s entitlement.
Compensation Distribution. Subd. 1. Pay Dates: Payments will be made on the 5th and the 20th of each month payment is due except on occasions when the 5th or the 20th falls on a weekend or holiday. In the event a pay date falls on a weekend or holiday, the pay date will be moved to the last regular business day before the weekend/holiday or another date, if necessary. A payroll calendar of pay dates will be provided to all employees at the beginning of the school year.
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Compensation Distribution. The University upon the occurrence of an insured loss shall account for any money so received and shall distribute it in accordance with such agreement as the interested parties may reach. Claim payments received shall be distributed proportionately according to the actual percentages of losses to both. If after such loss no other special agreement is made, replacement of damaged work shall be covered by an appropriate contract change order. Any dispute shall be resolved by the University.
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Compensation Distribution. 1. CMSD will transition from a paper check and electronic compensation payment system to a mandatory electronic compensation payment system. During 2013-2014 school year, eEmployees who currently receive a paper check will either transition to receive an electronic funds transfer (EFT), be issued a Pay Card, or a combination of both. Employees who utilized EFT may also have all or part of their pay deposited on a Pay Card, at their discretion. Once activated, all compensation for all employees will either be automatically deposited to the employee’s banking account through EFT or posted to a Pay Card, or a combination of both. Until the new system is activated, checks and c Check vouchers are to be mailed to the employee’s home address or made available electronically. All employees must provide Human Resources with a current home address and phone number. 2. Any paid assignment performed during the regular report period will be paid within three (3) weeks of the end of the period or on the next scheduled pay run. 3. Employees who have lost their checks through any error must complete the form set forth in Appendix F so that the process of replacing the check will be accelerated. 4. When the paycheck of an employee is lost, stolen, incorrect or not received from the District, upon timely notification by the employee, a duplicate check shall be issued within one (1) working day. Any employee who has lost their pay card must notify payroll immediately. Lost Pay Cards will be replaced following the banking procedures outlined in the payroll process guide. The employee must sign a certificate of loss or non-receipt. 5. No change. 6. No change. 7. No change.
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Compensation Distribution. 1. All extra pay compensation (except those listed in Appendices B and C) shall be submitted no later than thirty (30) days after the services were rendered and, if timely submitted, shall be paid no more than forty-five (45) days after the appropriate documentation has been submitted.
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Compensation Distribution. Subd. 1. Pay Dates: Payments will be made on the 5th and the 20th of each month payment is due except on occasions when the 5th or the 20th falls on a weekend or holiday. In the event a pay date falls on a week-end or holiday, the pay date will be moved to the last regular business day before the week-end/holiday (including Education Minnesota Professional Conference) or another date, if necessary. A payroll calendar of pay dates will be provided to all employees at the beginning of the school year.
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Compensation Distribution. Subd. 1. Pay Dates: All teachers will be paid their annual salary in 24 equal installments (pay periods). Payments will be made on the 5th and the 20th of each month payment is due except on occasions when the 5th or the 20th falls on a weekend or holiday. In the event a pay date falls on a weekend or holiday, the pay date will be moved to the last regular business day before the weekend/holiday or another date, if necessary. A payroll calendar of pay dates will be provided to all employees at the beginning of the school year.
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Compensation Distribution 
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Related to Compensation Distribution

  • Liquidation Distribution Distributions made upon dissolution of the Partnership shall be made as provided in Section 9.03.

  • Liquidation Distributions All property and all cash in excess of that required to discharge liabilities as provided in Section 12.4(b) shall be distributed to the Partners in accordance with, and to the extent of, the positive balances in their respective Capital Accounts, as determined after taking into account all Capital Account adjustments (other than those made by reason of distributions pursuant to this Section 12.4(c)) for the taxable year of the Partnership during which the liquidation of the Partnership occurs (with such date of occurrence being determined pursuant to Treasury Regulation Section 1.704-1(b)(2)(ii)(g)), and such distribution shall be made by the end of such taxable year (or, if later, within 90 days after said date of such occurrence).

  • Award Distribution In the event Lessor accepts Lessee's offer to purchase the Leased Property, or to substitute a new property for the Leased Property, as described in clause (b) of Section 15.4, the entire Award shall belong to Lessee provided no event of default is continuing and Lessor agrees to assign to Lessee all of its rights thereto. In any other event, the entire Award shall belong to and be paid to Lessor, except that, if this Lease is terminated, and subject to the rights of the Facility Mortgagee, Lessee shall be entitled to receive from the Award, if and to the extent such Award specifically includes such items, the following: (a) A sum attributable to the Capital Additions for which Lessee would be entitled to reimbursement at the end of the Term pursuant to the provisions of Section 10.2(c) and the value, if any, of the leasehold interest of Lessee under this Lease; and (b) A sum attributable to Lessee's Personal Property and any reasonable removal and relocation costs included in the Award. If Lessee is required or elects to restore the Facility, Lessor agrees that, subject to the rights of the Facility Mortgagees, its portion of the Award shall be used for such restoration and it shall hold such portion of the Award in trust, for application to the cost of the restoration.

  • Overtime Distribution The Employer and the Union will discuss Departmental or agency specific overtime distribution policies at the Departmental or agency level. The Employer agrees to follow its existing overtime distribution policies until changed as a result of Employer/Union negotiation.

  • Compensation & Payment 8.4.1. Should the claim be found proven; settlement is executed only in the form of compensation payment added to the Client trade account. 8.4.2. Compensation shall not compensate the profit not received by the Client in the event that the Client had an intention to perform some action but has not performed it for some reason. 8.4.3. The Company shall not compensate non-pecuniary damage to the Client. 8.4.4. The Company adds a compensation payment to the Client trading account within one working day since the moment of making a positive decision on the dispute situation.