Compensation for lost income Sample Clauses

Compensation for lost income. 1. The employer compensates for the income that the shop xxxxxxx loses dur- ing working hours either in local negotiations with the employer’s representa- tive or in carrying out other tasks agreed with the employer. 2. If the shop xxxxxxx carries out tasks agreed with the employer outside the shop xxxxxxx’x regular working hours, overtime compensation is paid for the time thus lost or the employee and the company agree on some other kind of additional compensation. 3. If the shop xxxxxxx is called upon by the employer to travel in order to attend to the duties agreed with the employer, the shop xxxxxxx is paid compensa- tion for travel costs in accordance with the company’s travel compensation rules, but nevertheless such that the employee’s actual costs are covered. 4. Local agreements may be made concerning the payment to chief shop stew- ards and negotiating chief shop stewards of the compensation referred to in subsection 2 above and compensation for time required for the cooperation procedure, as provided in the Act on Co-operation within Undertakings, which is conducted outside working hours, with said payment being made regularly on top of the monthly basic salary as a lump-sum in the amount of Number of employees Shop xxxxxxx increment as of 1 July 2023 (€) Number of employees Shop xxxxxxx bonus as of 1 July 2023 (€) 20–49, if only one negotiating shop xxxxxxx 153 50–99 153 100–199 191 200– 238 5. The above-mentioned lump-sum is paid to deputy shop stewards who at- tend to the main shop xxxxxxx’x duties for a period of at least 4 weeks. 6. The time spent in taking care of the shop xxxxxxx'x duties is taken into ac- count appropriately in setting the shop xxxxxxx'x goals.
Sample 1Sample 2Sample 3See All (5)
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Compensation for lost income. 1. The employer compensates for the income that the shop xxxxxxx loses during working hours either in local negotiations with the employer’s representative or in carrying out other tasks agreed with the employer. 2. If the shop xxxxxxx carries out tasks agreed with the employer outside the shop xxxxxxx’x regular working hours, overtime compensation is paid for the time thus lost or the employee and the company agree on some other kind of additional compensation. 3. If the shop xxxxxxx is called upon by the employer to travel in order to attend to the duties agreed with the employer, the shop xxxxxxx is paid compensation for travel costs in accordance with the company’s travel compensation rules, but nevertheless such that the employee’s actual costs are covered. 4. Local agreements may be made concerning the payment to chief shop stewards and negotiating chief shop stewards of the compensation referred to in subsec- tion 2 above and compensation for time required for the cooperation procedure, as provided in the Act on Co-operation within Undertakings, which is conducted outside working hours, with said payment being made regularly on top of the monthly basic salary as a lump-sum in the amount of Number of employees Shop xxxxxxx increment as of 1 May 2020 (EUR) Number of employees Shop xxxxxxx increment as of 1 May 2020 (EUR) 20–49, if only one negotiating shop xxxxxxx 141 5. The above-mentioned lump-sum is paid to deputy shop stewards who attend to the main shop xxxxxxx’x duties for a period of at least 4 weeks. 6. The time spent in taking care of the shop xxxxxxx'x duties is taken into account appropriately in setting the shop xxxxxxx'x goals.
Sample 1Sample 2See All (5)
Compensation for lost income. 1. The employer shall compensate for the income that the shop xxxxxxx loses dur- ing working hours either in local negotiations with the employer’s representative or in carrying out other tasks agreed with the employer. 2. If the shop xxxxxxx carries out tasks agreed with the employer outside his/her regular working hours, overtime compensation shall be paid for the time thus lost or an alternative additional compensation shall be locally agreed. If necessary, the parties of the collective agreement may agree on the criteria and amount of the compensation. 3. If the shop xxxxxxx is called upon by the employer to travel in order to attend to the duties agreed with the employer, the shop xxxxxxx shall be paid compensa- tion for travel costs in accordance with the company’s travel policy. If travelling takes place during time considered to be time-off in accordance with the shift list, a basic wage shall be paid for the time spent travelling, however for no more than 8 hours. Compensation shall only be paid to the extent that the total working hours and travel time exceed the regular working hours referred to in the shift list. Full half hours are included in the travel time. Travel time is not considered as working time.
Sample 1
Compensation for lost income. 1. The employer shall compensate for the income that the shop xxxxxxx loses during working hours either in local negotiations with the employer’s representative or in carrying out other tasks agreed with the employer. 2. If the shop xxxxxxx carries out tasks agreed with the employer outside his/her regular working hours, overtime compensation shall be paid for the time thus lost or the employee and the bank shall agree on some other kind of additional compensation. 3. If the shop xxxxxxx is called upon by the employer to travel in order to attend to the duties agreed with the employer, the shop xxxxxxx shall be paid compensation for travel costs in accordance with the bank’s travel compensation rules, but nevertheless such that the employee’s actual costs are covered. 4. It can be agreed locally on the payment to chief shop stewards and negotiating chief shop stewards of the compensation mentioned in Paragraph 2 above and compensation for the time required for the co-operation procedure as specified by said act and which is conducted outside working hours, said payment being made regularly on top of the monthly basic salary as a lump-sum in the amount of: Number of bank employees Shop xxxxxxx increment as from 1 April 2014 (€) Number of bank employees Shop xxxxxxx increment as from 1 April 2014 (€) 5. The above-mentioned lump-sum shall be paid to deputy shop stewards who attend to the main shop xxxxxxx’x duties for a period of at least 4 weeks. 6. The time spent in taking care of the shop xxxxxxx'x duties shall be taken into account appropriately in setting the shop xxxxxxx'x goals.
Sample 1
Compensation for lost income. 1. The employer shall compensate for the income that the shop xxxxxxx loses during working hours either in local negotiations with the em- ployer’s representative or in carrying out other tasks agreed with the employer. 2. If the shop xxxxxxx carries out tasks agreed with the employer outside their regular working hours, overtime compensation shall be paid for the time thus lost or it will be agreed with the employee of an alterna- tive additional compensation. 3. If the shop xxxxxxx is called upon by the employer to travel in order to attend to the duties agreed with the employer, the shop xxxxxxx shall be paid compensation for travel costs in accordance with the com- pany’s travel policy, but nevertheless in such a way that the em- ployee’s actual costs are covered. 4. The employer pays the chief shop xxxxxxx and the negotiating shop xxxxxxx regularly a shop xxxxxxx increment on a monthly basis, which is added to the monthly basic salary, and the amount of which is: Number of salaried employees Shop xxxxxxx increment from 1 July 2023 (€) 30–49 186 50–99 246 100–199 299 200–349 306 000-000 000 500–699 443 700– 484 Number of salaried employees Shop xxxxxxx increment from 1 July 2023 (€) 20–29, if the only one negotiat- ing shop xxxxxxx 149 30–49 149 50–199 186 200– 234 Number of salaried employees Shop xxxxxxx increment from 1 May 2024 (€) 30–49 191 50–99 253 100–199 307 200–349 314 000-000 000 500–699 455 700– 496 Number of salaried employees Shop xxxxxxx increment from 1 May 2024 (€) 20–29, if the only one negotiat- ing shop xxxxxxx 153 30–49 153 50–199 191 200– 240 5. The above-mentioned shop xxxxxxx increment shall be paid to deputy shop stewards who attend to the chief shop xxxxxxx’x duties for a pe- riod of at least 4 weeks.
Sample 1
Compensation for lost income. 1. The employer shall compensate for the income that a shop xxxxxxx loses as working hours either in local negotiations with the employer’s repre- sentative or when serving in other tasks agreed on with the employer. 2. If a shop xxxxxxx attends to tasks agreed upon with the employer outside his or her regular working hours, compensation for overtime shall be paid for the time spent. If necessary, the parties to the collective labour agreement may agree upon the grounds for and amount of compensation. 3. If a shop xxxxxxx has to travel on the employer’s order for the purpose of tending to tasks agreed upon with the employer, he or she shall receive compensation for travel expenses in accordance with the system applied within the business entity.
Sample 1
Compensation for lost income. 1. The employer compensates for the income that the shop xxxxxxx loses dur- ing working hours either in local negotiations with the employer’s repre- sentative or in carrying out other tasks agreed with the employer. 2. If the shop xxxxxxx carries out tasks agreed with the employer outside the shop xxxxxxx’x regular working hours, overtime compensation is paid for the time thus lost or a local agreement is made on some other kind of ad- ditional compensation. If necessary, the parties of the collective agreement may agree on the cri- teria and amount of the compensation. 3. If the shop xxxxxxx is called upon by the employer to travel in order to at- tend to the duties agreed with the employer, the shop xxxxxxx is paid com- pensation for travel costs in accordance with the system applicable at the company. If travelling takes place during time considered to be time off in accordance with the shift list, the basic salary shall be paid for the time spent travelling, but not for more than 8 hours. Compensation shall only be paid to the extent that the total working hours and travel time exceed the regular working hours specified in the shift list. Full half-hours are consid- ered when calculating travel time. Travel time is not considered as working time.
Sample 1
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Related to Compensation for lost income

  • Compensation for Losses Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: (a) any continuation, conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); (b) any failure by the Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow, continue or convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; or (c) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as a result of a request by the Borrower pursuant to Section 10.13; including any loss of anticipated profits and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrower shall also pay any customary administrative fees charged by such Lender in connection with the foregoing. For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded.

  • Compensation for Loss of Employee Tools (a) The Employer will replace all Employee tools lost or stolen in accordance with the Award.

  • Compensation for Overtime Assigned overtime is designated as those hours over the regular hours of work which are requested of the employee by management. Assigned overtime worked shall be paid at the rate of time and one-half (1 1/2).

  • Compensation for Damages 4.1 If the Principal has disqualified the Bidder from the tender process prior to the award according to Section 3, the Principal is entitled to demand and recover the damages equivalent Xxxxxxx Money Deposit/Bid Security. 4.2 If the Principal has terminated the contract according to Section 3, or if the Principal is entitled to terminate the contract according to section 3, the Principal shall be entitled to demand and recover from the Contractor liquidated damages equivalent to 5% of the contract value or the amount equivalent to Security Deposit/Performance Bank Guarantee, whichever is higher.

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Compensation for Damages or Losses When investments by investors of either Contracting Party suffer damages or losses owing to war, armed conflict, a state of national emergency, revolt, insurrection, riot or other similar events in the territory of the other Contracting Party, they shall be accorded by the latter Contracting Party a treatment, as regards compensation or other settlement, not less favourable than that accorded to its own investors or to investors of any Third State.

  • Compensation for Additional Services Additional Services shall be compensated as set forth on Exhibit A for the stipulated payment amounts set forth therein. Other Additional Services not set forth on Exhibit A that are required or requested by the Owner shall be compensated as agreed, using the methodology set forth on Exhibit A, prior to the Design Professional undertaking such Additional Services; provided, however, that if such compensation cannot be agreed, the Additional Services shall be performed at the hourly rates set forth and listed in Exhibit B, plus reimbursable expenses pursuant to Article 4.1.3 below, with a limitation as to maximum amount specified.

  • Compensation to NCPS (a) Issuer Party shall pay or cause to be paid to NCPS for its services as the facilitator of escrow as outlined in Exhibit B, which may be updated from time to time by NCPS by providing written notice to Issuer Party. Issuer Party’s obligation to pay such fees to NCPS and reimburse NCPS for such expenses is not conditioned upon a successful closing. Upon Issuer Party’s request, NCPS will provide Issuer Party with copies of all relevant invoices, receipts or other evidence of such expenses. The obligations of Issuer Party under this Section 10 shall survive any termination of this Agreement and the resignation or removal of NCPS. (b) All of the compensation and reimbursement obligations shall be payable by Issuer Party upon demand by NCPS and will be charged automatically by NCPS to the credit card or other payment method separately provided or as otherwise agreed by the Parties. Issuer Party consents to NCPS retaining and using Issuer Party’s payment information for future invoices and as provided in this Agreement. Issuer Party agrees and acknowledges that NCPS and its third party vendors may retain and use Issuer Party’s payment information to facilitate the payments provided for in this Agreement. Issuer Party agrees to provide NCPS written notice (which may be via email) of any update or changes to Issuer Party’s payment information. Absent current payment information, Issuer Party shall make, or cause to be made, all payments to NCPS within 10 days of receiving an invoice therefor. All payments made to NCPS shall be in US dollars in immediately available funds. (c) If Issuer Party fails to make any payment when due then, in addition to all other remedies that may be available: (a) NCPS may charge interest on the past due amount at the rate of 1.5% per month, calculated daily and compounded monthly, or if lower, the highest rate permitted under Law, which Issuer Party shall pay; such interest may accrue after as well as before any judgment relating to collection of the amount due; and (b) Issuer Party shall reimburse, or cause to be reimbursed, NCPS for all costs incurred by NCPS in collecting any late payments or interest, including attorneys’ fees, court costs and collection agency fees; provided that cumulative late payments are subject to the overall limits as may be required by Law as set forth in Exhibit B. (d) Only upon the fulfillment of the Minimum Offering, and only when Escrowed Funds are eligible to be released to Issuer in accordance with Section 4(a), and otherwise in compliance with Law, NCPS is authorized to and may disburse from time to time, to itself or to any NCPS Party from the Escrow Funds (but only to the extent of Issuer’s rights thereto), the amount of any compensation and reimbursement of out-of-pocket expenses due and payable hereunder (including any amount to which NCPS or any NCPS Party is entitled to seek indemnification pursuant to Section 9 hereof). NCPS shall notify Issuer Party of any disbursement from the Escrow Funds to itself or to any NCPS Party in respect of any compensation or reimbursement hereunder and shall furnish to Issuer copies of all related invoices and other statements. (e) Only upon the fulfillment of the Minimum Offering, and only when Escrowed Funds are eligible to be released to Issuer in accordance with Section 4(a), and otherwise in compliance with Law, Issuer shall grant to NCPS and the NCPS Parties a security interest in and lien upon such Escrow Funds (but only to the extent of Issuer’s rights thereto) to secure all obligations hereunder, and NCPS and the NCPS Parties shall have the right to offset the amount of any compensation or reimbursement due any of them hereunder (including any claim for indemnification pursuant to Section 9 hereof) against the Escrow Funds (but only to the extent of Issuer’s rights thereto). If for any reason the Escrow Funds available to NCPS and the NCPS Parties pursuant to such security interest or right of offset are insufficient to cover such compensation and reimbursement, Issuer Party shall promptly pay such amounts to NCPS and the NCPS Parties upon receipt of an itemized invoice.

  • Compensation for Damage or Loss 1. When investments made by investors of either Contracting Party suffer loss or damage owing to war or other armed conflict which is not a result of the activities of the Contracting Party to which the investors belong, civil disturbances, revolution, riot or similar events in the territory of the latter Contracting Party, they shall be accorded by the latter Contracting Party, treatment, as regards restitution, indemnification, compensation or any other settlement, not less favourable than that that the latter Contracting Party accords to its own investors or to investors of any third State, whichever is most favourable to the investors concerned. 2. Without prejudice to paragraph 1 of this Article, investors of one Contracting Party who in any of the events referred to in that paragraph suffer damage or loss in the territory of the other Contracting Party resulting from: a) requisitioning of their property or part thereof by its forces or authorities; b) destruction of their property or part thereof by its forces or authorities which was not caused in combat action or was not required by the necessity of the situation, shall be accorded a prompt restitution, and where applicable prompt, adequate and effective compensation for damage or loss sustained during the period of requisitioning or as a result of destruction of their property. Resulting payments shall be made in freely convertible currency without delay. 3. Investor whose investments suffer damage or loss in accordance to paragraph 2. of this Article, shall have the right to prompt review of its case by a judicial or other competent authority of that Contracting Party and of valuation of its investments and payment of compensation in accordance with the principles set out in paragraph 2. of this Article.

  • Extra Compensation The Board shall pay no fees, other than described above, to the PA/E unless authorized by the Board as follows: A. If the scope of the Project or site is changed, the Board and the PA/E shall negotiate a reasonable fee based upon the probable estimated construction cost in changing the scope of the work and the approximate percentage of the estimated construction cost which was used to negotiate this Agreement if, and, as such may be applicable. B. If the DOE or Board requires the PA/E to make major or costly changes to the Schematic, Preliminary or Construction Document Phase submittals, which changes are not caused by architectural or engineering error or oversight, the PA/E shall be paid to redesign for additional expenses in an amount agreed to by the parties. Under no circumstances will the principals of the PA/E and the principals of his consultants be paid a fee in excess of $125.00 per hour.

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