Crane Premium Sample Clauses

Crane Premium. On all cranes over 499 tons, the hourly rate shall be increased by two cents ($0.02) for each ton. Model 1500 An Operator required to operate with boom length over 130 feet shall have their regular hourly rate increased by twenty-five cents ($0.25) per hour.
Sample 1Sample 2
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Crane Premium. On all cranes over 499 tons, the hourly rate shall be increased by two cents ($0.02) for each ton. 2. Model 1500: An operator required to operate with boom length over 130 feet shall have their regular hourly rate increased by twenty-five cents ($0.25) per hour. All work performed in those classifications listed within the Conventional Cranes schedule and within the Hydraulic Cranes, Rough Terrain Cranes and Boom Trucks schedule, shall be performed by members of 39 RATES OF PAY (CRANES) PROVINCE WIDE IUOE Local 115 Heav Construction Standard Commercial/Institutional A reement Ma 01, 2019 to A ril 30, 2023 the Union. However, the Employer retains the right to assign all work to ensure a safe and efficient operation. a. There may be one (1) Apprentice Crane Operator employed for up to three (3) Journeyperson Crane Operators employed by the Employer. There shall be one (1) Apprentice Crane Operator employed when there are four (4) Journeyperson Crane Operators employed by the Employer. There shall be one (1) Apprentice Crane Operator employed for each multiple of five (5) Journeyperson Crane Operators. The foregoing is based on a company wide ratio. 40 b. Apprentice Crane Operators shall be allowed to operate specific equipment based upon management evaluation of their qualifications, work experience and the requirements of the specific work in question. Notwithstanding this provision, the Employer shall provide the Apprentice Crane Operators so working with appropriate supervision and suitable communication options. IUOE Local 115 Heav Construction Standard Commercial/Institutional A reement Ma 01, 2019 to A ril 30, 2023 OE HEAVY CONSTRUCTION - COMMERCIAL/INSTITUTIONAL EMPLOYER CONTRIBUTIONS AND EMPLOYEE DEDUCTIONS PROVINCE WIDE SCHEDULE "C" ALL GROUPS Schedule "C" shall apply to all commercial and/or institutional projects province wide. All Employer contributions and employee deductions shall be calculated and paid on the basis of "hours worked". EMPLOYER CONTRIBUTIONS EXPIRY 2019 2020 ./ 2021 2022 Union Benefit Plan 2.70 2.70 2.70 2.70 2.70 *Union Pension Plan 6.15 6.15 6.15 6.15 6.15 CLR Dues 0.13 0.13 0.13 0.13 0.13 Rehabilitation Fund 0.02 0.04 0.04 0.04 0.04 JAPlan 1 n/a n/a n/a n/a n/a BCBCBTU Fund 0.05 0.05 0.05 0.05 0.05 D&A Policy 0.01 0.01 0.01 0.01 0.01 IUOETA Fund 0.67 0.67 0.70 0.75 0.75 Tool Allowance Fund n/a 0.06 0.06 0.06 0.06 OE Advancement Fund n/a 0.17 0.17 0.17 0.17 Total Employer Contributions 9.98 10.01 10.06 10.06 June 17, May 1, Ma...
Sample 1
Crane Premium. On all cranes over 499 tons, the hourly rate shall be increased by two cents ($0.02) for each ton. 2. Model 1500: An operator required to operate with boom length over 130 feet shall have their regular hourly rate increased by twenty-five cents ($0.25) per hour. All work performed in those classifications listed within the Conventional Cranes schedule and within the Hydraulic Cranes, Rough Terrain Cranes and Boom Trucks schedule, shall be performed by members of IUOE Local 115 Heav Construction Standard Industrial A reement Ma 01 2019 to A ril 30, 2023 , the Union. However, the Employer retains the right to assign all work to ensure a safe and efficient operation. a. There may be one (1) Apprentice Crane Operator employed for up to three (3) Journeyperson Crane Operators employed by the Employer. There shall be one (1) Apprentice Crane Operator employed when there are four (4) Journeyperson Crane Operators employed by the Employer. There shall be one (1) Apprentice Crane Operator employed for each multiple of five (5) Journeyperson Crane Operators. The foregoing is based on a company wide ratio. b. Apprentice Crane Operators shall be allowed to operate specific equipment based upon management evaluation of their qualifications, work experience and the requirements of the specific work in question. Notwithstanding this provision, the Employer shall provide the Apprentice Crane Operators so working with appropriate supervision and suitable communication options. IUOE Local 115 Heav Construction Standard Industrial A reement Ma 01, 2019 to A ril 30, 2023 OE HEAVY CONSTRUCTION- INDUSTRIAL SCHEDULE "C" EMPLOYER CONTRIBUTIONS AND EMPLOYEE DEDUCTIONS PROVINCE WIDE ALL GROUPS Schedule "C" shall apply to all industrial projects province wide. April 01, 2019 June 17, May 1, May 1, May 1, EMPLOYER CONTRIBUTIONS EXPIRY 2019 2020 2021 2022 Union Benefit Plan 2.70 2.70 2.70 2.75 2.80 *Union Pension Plan 6.25 6.25 6.35 6.45 6.55 CLR Dues 0.13 0.13 0.13 0.13 0.13 Rehabilitation Fund 0.02 0.02 0.04 0.04 0.04 XXXxxx0 x/x x/x x/x x/x x/x BCBCBTU Fund 0.05 0.05 0.05 0.05 0.05 D&A Policy 0.01 0.01 0.01 0.01 0.01 IUOETA Fund 0.73 0.73 0.75 0.80 0.80 Tool Allowance Fund n/a 0.06 0.06 0.06 0.06 OE Advancement Fund n/a 0.17 0.17 0.17 0.17 Total Employer Contributions 9.89 10.12 10.26 10.46 10.61 April 01, 2019 June 17, May 1, May 1, May 1, EMPLOYEE DEDUCTIONS EXPIRY 2019 2020 2021 2022 Working Dues 0.82 0.82 0.82 0.83 0.83 BCBT Fund 0.10 0.10 0.10 0.10 0.10 Canadian Building Trade...
Sample 1

Related to Crane Premium

  • Shift Premium Full-Time and Part-Time Employees shall be paid a shift premium of one dollar ($1.00) per hour for all hours worked where the majority of their scheduled hours fall between 1500 and 0700 hours.

  • Night Premium For all time worked by employees, after 7 p.m. and before 7 a.m., by employees hired on or before August 5, 2005, a premium of twenty-five cents (25¢) per hour shall be paid.

  • Overtime Premium a) Time and one-half (1/2) shall be paid as follows: 1) For all hours worked over 8 (eight) hours per day. 2) For all hours worked over 40 (forty) hours per week. 3) For all hours worked on Sunday, unless part of the employees regularly scheduled workweek. b) Double time plus holiday pay shall be paid for all hours worked on holidays that are defined in this Agreement.

  • REINSURANCE PREMIUM The YRT Reinsurance Premium for each coverage shall equal (i) x (ii) x (iii) / 1,000, where:

  • Night Shift Premium All hours worked by an employee between ten (10:00) p.m. and seven (7:00) a.m. shall be considered as shift work and paid for at the applicable straight time/overtime rate plus two ($2.00) dollars per hour shift premium for each full hour worked during this period. Night-shift premium shall not be added to the employee’s hourly rate of pay for the purpose of computing overtime pay.

  • Reimbursement Premium (a) If the Company writes Covered Policies before June 1 of the Contract Year, the Company shall pay the FHCF its Reimbursement Premium in installments due on or before August 1, October 1, and December 1 of the Contract Year in amounts to be determined by the FHCF. However, if the Company’s Reimbursement Premium for the prior Contract Year was less than $5,000, the Company’s full provisional Reimbursement Premium, in an amount equal to the Reimbursement Premium paid in the prior year, shall be due in full on or before August 1 of the Contract Year. the Company will be invoiced for amounts due, if any, beyond the provisional Reimbursement Premium payment, on or before December 1 of the Contract Year. (b) If the Company is under administrative supervision, or if any control or oversight of the Company has been transferred through any legal or regulatory action to a state regulator or court appointed receiver or rehabilitator (referred to in the aggregate as “state action”): 1. The full annual provisional Reimbursement Premium as billed and any outstanding balances will be due and payable on August 1, or the date that such State action occurs after August 1 of the Contract Year. 2. Failure by such Company to pay the full annual provisional Reimbursement Premium as specified in subparagraph 1. by the applicable due date shall result in the 45% Coverage Level being deemed for the complete Contract Year regardless of the level selected for the Company through the execution of this Contract and regardless of whether a Covered Event occurred or triggered coverage. 3. Subparagraphs 1. and 2. do not apply if the state regulator, receiver, or rehabilitator provides a letter of assurance to the FHCF stating that the Company will have the resources and will pay the full Reimbursement Premium for the Coverage Level selected through the execution of this Contract. 4. When control or oversight has been transferred, in whole or in part, through a legal or regulatory action, the controlling management of the Company shall specify by August 1 or as soon thereafter as possible (but not to exceed two weeks after any regulatory or legal action) in a letter to the FHCF as to the Company’s intentions to either pay the full FHCF Reimbursement Premium as specified in subparagraph 1., to default to the 45% Coverage Level being deemed as specified in subparagraph 2., or to provide the assurances as specified in subparagraph 3. (c) A New Participant that first begins writing Covered Policies on or after June 1 but prior to December 1 of the Contract Year shall pay the FHCF a provisional Reimbursement Premium of $1,000 no later than 30 days from the date the New Participant began writing Covered Policies. The Administrator shall calculate the Company's actual Reimbursement Premium for the period based on its actual exposure as of November 30 of the Contract Year, as reported on or before February 1 of the Contract Year. To recognize that New Participants have limited exposure during this period, the actual Reimbursement Premium as determined by processing the Company's exposure data shall then be divided in half, the provisional Reimbursement Premium shall be credited, and the resulting amount shall be the total Reimbursement Premium due for the Company for the remainder of the Contract Year. However, if that amount is less than $1,000, then the Company shall pay $1,000. The Reimbursement Premium payment is due no later than April 1 of the Contract Year. The Company’s Retention and coverage will be determined based on the total Reimbursement Premium due as calculated above. (d) A New Participant that first begins writing Covered Policies on or after December 1 through and including May 31 of the Contract Year shall pay the FHCF a Reimbursement Premium of $1,000 no later than 30 days from the date the New Participant began writing Covered Policies. (e) The requirement that the Reimbursement Premium is due on a certain date means that the Reimbursement Premium shall be remitted by wire transfer or ACH and shall have been credited to the FHCF’s account, as set out on the invoice sent to the Company, on the due date applicable to the particular installment. (f) Except as required by Section 215.555(7)(c), Florida Statutes, or as described in the following sentence, Reimbursement Premiums, together with earnings thereon, received in a given Contract Year will be used only to pay for Losses attributable to Covered Events occurring in that Contract Year or for Losses attributable to Covered Events in subsequent Contract Years and will not be used to pay for past Losses or for debt service on post-event revenue bonds issued pursuant to Section 215.555(6)(a)1., Florida Statutes. Reimbursement Premiums and earnings thereon may be used for payments relating to such revenue bonds in the event emergency assessments are insufficient. If Reimbursement Premiums or earnings thereon are used for debt service on post- event revenue bonds, then the amount of the Reimbursement Premiums or earnings thereon so used shall be returned, without interest, to the Fund when emergency assessments or other legally available funds remain available after making payment relating to the post-event revenue bonds and any other purposes for which emergency assessments were levied.

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • Weekend Premium An employee shall be paid a weekend premium of one dollar and forty-five cents ($1.45) per hour for each hour worked between 2400 hours Friday to 2400 hours Sunday or such other 48 hour period that the Hospital may establish. If an employee is in receipt of premium payment pursuant to a local scheduling regulation with respect to consecutive weekends worked, he will not receive weekend premium under this provision. Effective June 28, 2005, the weekend premium shall be increased to $1.55 per hour.

  • BUYER’S PREMIUM A Buyer’s Premium fee of 10% of the Bid Price or $1,000 Auction Service Fee, whichever amount is greater, will be added to the High Bid amount. The High Bid amount plus the Buyer’s Premium equals the Total Purchase Price. SETTLEMENT to occur within 30 days from contract ratification date. PRE-BID OFFERS ACCEPTED via PHONE (000) 000-0000 or FAX (000) 000-0000

  • Single Premium Credit Life Insurance None of the proceeds of the Mortgage Loan were used to finance single-premium credit life insurance policies;

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