Deductions Table Sample Clauses

Deductions Table. CARRIER shall deduct from CONTRACTOR’s gross compensation under Section 3 of this Agreement, from CONTRACTOR’S Escrow Fund, or from other amounts CARRIER owes CONTRACTOR, at the time of settlement with CONTRACTOR, amounts that, under this Agreement or any addendum, CONTRACTOR owes CARRIER, as set forth in the Deductions Table in Section 3 of Appendix A (CONTRACTOR Election Form) of this Agreement, resulting in a net amount, if any, to be remitted to CONTRACTOR (“Settlement Compensation”). CONTRACTOR shall, immediately after each settlement, pay CARRIER any net amount CONTRACTOR continues to owe CARRIER following the making of such deductions. Instead of or in addition to making the deductions authorized by the Deductions Table in Section 3 of Appendix A (CONTRACTOR Election Form), CARRIER shall have a right to recover, through collection agencies, litigation, the right of setoff, and all other available legal means, any such amounts CONTRACTOR owes, or comes to owe, CARRIER under this Agreement for the items listed in the Deductions Table. From time to time, CONTRACTOR may be permitted by CARRIER to purchase fuel, products or services, including repairs that are charged to CARRIER. When CONTRACTOR does so, CONTRACTOR hereby authorizes CARRIER to deduct or otherwise recover from CONTRACTOR pursuant to this Section of this Agreement amounts equal to these charges. CONTRACTOR is never to charge any amounts to CARRIER’s account – or execute or endorse any negotiable instrument for or on behalf of CARRIER – without CARRIER’s express written permission in advance, and CONTRACTOR and CARRIER shall not incur or authorize any other debts in the name of the other.
Sample 1
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Deductions Table. Pursuant to Section 5 of this Agreement, Contractor authorizes Carrier to deduct or recover the items in the Deductions Table below. Where no dollar figure is listed, the deductions will vary in amount and will be computed as indicated. As used in this Agreement, “Carrier Markup” means any amount that exceeds the actual cost incurred by Carrier, whether such excess amount is retained by Carrier to offset administrative costs, as profit, or for any other purpose. CHARGE-BACK OR OTHER DEDUCTION ITEM AMOUNT OR METHOD OF COMPUTATION OF DEDUCTION Adjustments to compensation See Section 3.5 of this Agreement. Express check If Contractor elects, with Xxxxxxx's prior written consent, to use an Express check to pay any of Contractor's expenses under this Agreement, Carrier will charge back the amount advanced, plus a per-transaction fee of $5.00 (comprising both the fee charged by issuer of the advance checks and a Carrier Markup). Advances of Contractor's compensation loaded onto Xxxxxxx's Comdata Card for Contractor's use to purchase only fuel, ad- ditives, lubricants, and, subject to Carrier approval, mainte- xxxxx and repairs for the Equipment Amount Carrier advanced to Contractor (loaded onto the Comdata Card) on Contractor’s request, plus a per-transaction fee of $5.00 (comprising both a fee charged by issuer of the Comdata Card and a Carrier Markup). If Carrier receives any discount, rebates, or credits on Contractor’s use of the Comdata Card, Carrier will retain such discounts and rebates as a Carrier Markup.
Sample 1
Deductions Table. Carrier shall deduct from Contractor’s compensation at the time of payment to or settlement with Contractor, any liability or expense Carrier has incurred or paid that, under this Agreement or any addendum to this Agreement, Contractor is obligated to bear, resulting in a net amount, if any, to be remitted to Contractor (“Settlement Compensation”). Such expenses shall be deducted from the amount of Contractor’s settlement compensation and shall include those expenses set forth in Exhibit B (Contractor Compensation Rates) of this Agreement. Contractor shall, immediately after each settlement, pay Carrier any net amount Contractor continues to owe Carrier following the making of such deductions. From time to time, Contractor may be permitted by Carrier to purchase fuel, products, or services, including repairs, that are charged to Carrier. When Contractor does so, Contractor hereby authorizes Carrier to deduct or otherwise recover from Contractor pursuant to this Section of this Agreement amounts equal to these charges plus any applicable administration fees. Contractor is never to charge any amounts to Carrier’s account – or execute or endorse any negotiable instrument for or on behalf of Carrier – without Xxxxxxx’s express written permission in advance, and Contractor and Carrier shall not incur or authorize any other debts in the name of the other. No deduction made by Carrier from any Settlement Compensation due Contractor where such deduction is not sufficient to satisfy the total amount due and owing Carrier shall be viewed as a compromise, settlement, discharge or full satisfaction of the amount due and owing.
Sample 1

Related to Deductions Table

  • DEDUCTIONS FROM SALARY A. The Board agrees to deduct from teachers' salaries unified membership dues for Xxxxxxxxx County Teachers Association, the Maryland State Education Association and the National Education Association as said teachers individually and voluntarily authorize to deduct through an appropriate written authorization form prepared by the Association and approved by the Human Resources Division. The Board agrees to transmit such monies promptly to the Association. 1. Deductions shall be made in twenty (20) equal installments beginning in August and ending in June of each year. For new enrollees, deductions shall be made in sixteen (16) equal installments beginning in October. The Board will not be required to honor any authorizations that are delivered to it later than fifteen (15) working days prior to the distribution of the November payroll, except for authorized deductions for first-year teachers, delivered after the distribution of the November payroll whose deductions will be made in equal installments computed in accordance with the number of pay periods remaining in that school year. 2. The Association will certify to the Board in writing the current rate of membership dues. The Association will give the Board thirty (30) days written notice prior to the effective date of any change in the rate of dues. 3. No later than October 1 of each year, the Board will provide the Association with a list of those teachers from whom dues were deducted on the first payroll. The Board will provide a similar list from the November 15 payroll not later than December 1. 4. In the event that a teacher terminates employment, the Board shall deduct the balance of the unpaid dues for the current membership year from the teacher's final pay check and transmit these dues promptly to the Association. B. Payroll deductions will be available at the request of the teacher for the plans listed below and XXXXX. Except in case of an emergency, the Board shall distribute all monies from payroll deduction accounts to the proper recipients within ten (10) workdays of its deduction following the pay date. 1. 403(b) and 457(b) Programs A list of companies authorized to offer 403(b) and 457(b) products to the employees of the Board will be made available to all employees by September 1 of each fiscal year beginning July 1. The number of authorized companies for which payroll deductions will be made will be determined by the insurance council. The insurance council will recommend a number of providers deemed sufficient to provide an adequate array of eligible investment products for the benefit of all employees. In order to be eligible for inclusion on this authorized list, the companies must meet the following criteria: a. A company must submit a written explanation of their company background, administrative capabilities, products and services for consideration by the insurance council. b. The insurance council will recommend to both the Board and the Association companies that should be on the authorized list. c. When a new company is added to the list before payroll begins, the company must initially sign up a minimum of ten (10) employees. Once the minimum number of employees is signed up, payroll deductions will begin as soon as practical. Approved service-fee based providers must sign up additional employees following the minimum participants schedule listed below for the first three (3) years: Year 1 – minimum of 15 employees Year 2 – minimum of 30 employees Year 3 – minimum of 50 employees After year three (3), if at any time an approved service-fee based provider drops below fifty (50) employees participating in its program for six (6) consecutive months during the school year, it will be dropped from the authorized list of companies at the end of the particular fiscal year in which such event occurs. No- load based providers will not be required to maintain a minimum number of participants due to the lack of on-site marketing. d. At any time the service-fee based company fails to meet this requirement by decision of the insurance council, it can be dropped from the list of authorized companies. At any time, a company fails to comply with IRS regulations, by decision of the insurance council, it can be dropped from the list of authorized companies. 2. Insurance plans approved by the Association and the Board. 3. Teachers desiring payroll deductions for XXXXX shall notify the Board in writing with fifteen

  • Deductions from Sick Leave A deduction shall be made from accumulated sick leave of all normal working days (exclusive of holidays) absent for sick leave.

  • Deductions Upon the termination of the Lease, the Landlord may deduct the following from the Security Deposit: Unpaid rent; Late fees; Unpaid utilities Cost of repairs beyond ordinary wear and tear; Cleaning fee in the amount of $ ; Early Termination Fee Brokerage fees Others: .

  • Salary Deductions Salaried employees (E-level classifications) who are permanently assigned to full-time job classifications are paid on a bi-weekly salary basis. Salaried employees are paid a bi-weekly salary based on a minimum of two (2) forty (40) hour workweeks. The bi-weekly salary received by salaried employees will not be reduced regardless of the number of hours the salaried employee actually works in any week in which the salaried employee performs any work except for the following deductions: (A) Deductions from a salaried employee's salary may be made for any workweek in which the salaried employee performs no work. (B) Deductions from a salaried employee's salary may be made when the employee absents himself from work for a full day or days for personal reasons, other than sickness or accident. This provision shall not prevent appropriate deductions from being made from any employee's vacation leave balance pursuant to Article 11 of this Agreement for absences of less than a day for personal reasons, other than sickness or accident. (C) Deductions from an employee's salary may be made when a salaried employee absents himself from work for a day (or days) for sickness or accident disability in accordance with the provisions of Articles 13 and 14 of this Agreement. (D) Deduction in a salaried employee's salary may be made for the initial or terminal week of the salaried employee if the salaried employee fails to work the entire workweek.

  • Catch-Up Contributions In the case of a Traditional IRA Owner who is age 50 or older by the close of the taxable year, the annual cash contribution limit is increased by $1,000 for any taxable year beginning in 2006 and years thereafter.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Payment of Contributions The College and eligible academic staff members of the plan shall each contribute one-half of the contributions to the Academic and Administrative Pension Plan.

  • Matching Contributions The Employer will make matching contributions in accordance with the formula(s) elected in Part II of this Adoption Agreement Section 3.01.

  • How Are Contributions to a Xxxx XXX Reported for Federal Tax Purposes You must file Form 5329 with the IRS to report and remit any penalties or excise taxes. In addition, certain contribution and distribution information must be reported to the IRS on Form 8606 (as an attachment to your federal income tax return.)

  • Distributions Upon Income Inclusion Under Section 409A of the Code Upon the inclusion of any portion of the benefits payable pursuant to this Agreement into the Executive’s income as a result of the failure of this non-qualified deferred compensation plan to comply with the requirements of Section 409A of the Code, to the extent such tax liability can be covered by the Executive’s vested accrued liability, a distribution shall be made as soon as is administratively practicable following the discovery of the plan failure.

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