Computing Paid Time Sample Clauses

Computing Paid Time. A. A.M. A bus operator’s time shall begin with the first student pickup plus the designated travel time to the first pickup from the designated parking area plus eighteen (18) minutes pre-trip maintenance, and will continue until the arrival at the last school on the schedule plus designated travel time to the designated parking area. Or, the director of transportation may designate a specific time for arrival of the employee at the scheduled work area at which time pay would commence.
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Computing Paid Time. A. Except as adjusted by other paragraphs in this Section, Employees will be paid for actual hours worked, based on the hourly wage on the employee’s time card. B. Employees may be paid when schools are closed for weather related days and for teacher record days. Employees who have PTO may elect to use this time if they choose, or be paid on the pay period when the work is done. Employees may also elect to use PTO during periods in which schools are closed for fall, winter and/or spring breaks. C. Every regularly scheduled AM and PM route shall be a two (2) hour minimum. Every regularly scheduled midday route shall be a one (1) hour minimum. Drivers will be paid based on route sheets, which will include an additional eighteen (18) minutes for daily pre-trip inspections and an additional eighteen (18) minutes for daily post-trip inspections for a total of thirty-six (36) minutes per day. Time spent conducting pre-trip and post-trip inspections is embedded in the routes. Time spent conducting pre-trip and post-trip inspections should not be added to timecards. A route is defined as “bidded work.” D. Drivers may be assigned multiple routes. No employee will be paid twice for pieces of work done in the same time period. E. In accordance with the Fair Labor Standards Act (FLSA), the Employer shall calculate overtime for any employee who has exceeded forty (40) hours in any work week. Under the terms of this agreement, overtime shall be calculated based upon a weighted average of the different rates of pay, i.
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Computing Paid Time. A. Except as adjusted by other paragraphs in this Section, Employees will be paid for actual hours worked, based on the hourly wage on the employee’s time card. B. Employees may be paid when schools are closed for weather related days and for teacher record days. Employees who have PTO may elect to use this time if they choose, or be paid on the pay period when the work is done. Employees may also elect to use PTO during periods in which schools are closed for fall, winter and/or spring breaks. C. Every regularly scheduled AM and PM route shall be a two (2) hour minimum. Every regularly scheduled midday route shall be a one (1) hour minimum. Drivers will be paid based on route sheets, which will include an additional fifteen (15) minutes for daily pre-trip inspections and an additional fifteen (15) minutes for daily post-trip inspections for a total of thirty (30) minutes per day. Time spent conducting pre-trip and post-trip inspections is embedded in the routes. Time spent conducting pre-trip and post-trip inspections should not be added to timecards. A route is defined as “bidded work.” D. Drivers may be assigned multiple routes. No employee will be paid twice for pieces of work done in the same time period. In accordance with the Fair Labor Standards Act (FLSA), the Employer shall calculate overtime for any employee who has exceeded forty (40) hours in any work week. Under the terms of this agreement, overtime shall be calculated based on the rate associated with the job that caused the overtime to occur. For instance: an employee works 40 regular and 4.5 overtime hours at the $20 per hour driving time rate. During the same workweek, she also works 8 hours at $18.50 per hour rate for trips, resulting in 52.5 total hours worked for both regular driving time and trip time during the workweek. The driving time rate work was done Saturday through Wednesday for eight hours per day, and 4.5 hours on Thursday. The trip work was done Saturday through Tuesday, two hours each evening. The Employer observes a Saturday through Friday workweek. In this example, the employee reaches the 40-hour point after completion of the evening trip on Tuesday. Thus, all hours worked on Wednesday and Thursday (12.5) would be paid at 1.5 times the regular rate driving time rate. Her pay would be calculated as follows: ● 32 x $20.00/hour = $ 640.00 Straight time ● 8 x $18.50/hour = $148.00 Straight time ● 12.5 OT hours x $20.00 x 1.5 = $375.00 Overtime ● Total: $1,163.00 Now, imagi...
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Related to Computing Paid Time

  • PRORATION PERIOD The Tenant: (check one)

  • Straddle Period Taxes Seller shall, at its own expense, prepare and timely file all Tax Returns relating to all real property Taxes, personal property Taxes or similar ad valorem obligations levied (i) on the owner of the Transferred Loans for any taxable period that begins before the Cut-Off Time and ends after the Cut-Off Time and (ii) on the owner of all other CIT Bank Purchased Assets for any taxable period that begins before the Closing Date and ends after the Closing Date (each such taxable period, a “Straddle Period”, and such Taxes, “Straddle Period Taxes”), whether imposed or assessed before or after the Cut-Off Time or the Closing Date, as appropriate. Buyers shall be liable for and shall indemnify Seller, its Affiliates and each of their respective officers, directors, employees, stockholders, agents, and representatives against all liability for the amount of such Straddle Period Tax for the entire Tax period multiplied by a fraction the numerator of which is the number of days in the Tax period ending after the Cut-Off Time for the Transferred Loans and after the Closing Date for all other CIT Bank Purchased Assets and the denominator of which is the number of days in the entire relevant Straddle Period. Seller shall be liable for and shall indemnify Buyers, their Affiliates and each of their respective officers, directors, employees, stockholders, agents, and representatives against all liability for the amount of such Straddle Period Tax for the entire Tax period multiplied by a fraction the numerator of which is the number of days in the Tax period ending before the Cut-Off Time for the Transferred Loans and ending on or before the Closing Date for all other CIT Bank Purchased Assets and the denominator of which is the number of days in the entire relevant Straddle Period. Any credits relating to a Straddle Period shall be taken into account as though the relevant Straddle Period ended at the Cut-Off Time or on the Closing Date, as appropriate. Any material Tax Return for a Straddle Period shall be submitted to Buyers by Seller at least ten (10) Business Days prior to the due date of such Tax Return (taking valid extensions into account). Buyers will pay to Seller, within two (2) Business Days after the filing of any such Tax Return by Seller, an amount equal to the portion of the Straddle Period Taxes reflected on such Tax Return for which Buyers are liable under this Section 6.11. For the avoidance of doubt, Straddle Period Taxes do not include any Taxes owed by an Obligor with respect to real property securing any Transferred Loan.

  • Annual Adjustment From January 1 of the next year, the loan interest rate shall be adjusted, on the basis of the LPR recently published, in accordance with the increased or decreased percentage points agreed herein;

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.