Employer Funding Sample Clauses
The Employer Funding clause outlines the employer's obligation to provide financial resources necessary for a project or employment arrangement. Typically, this clause specifies the amount, timing, and method of funding, such as periodic payments or reimbursement of expenses, and may detail what costs are covered, like salaries, equipment, or training. Its core practical function is to ensure that the employer commits to supplying adequate funds, thereby preventing delays or disruptions due to lack of financial support.
Employer Funding. Is any part of the employee’s or dependent’s deductible being funded by the Participating Employer or from a Participating Employer-established account? ◽ Yes ◽ No If so, how much? Single: Family: Does the Participating Employer fund first? ◽ Yes ◽ No
Employer Funding. The Employer shall provide flex credits to fund benefits at 100% for regular employees scheduled to work 32 hours or more per week. Regular employees scheduled to work 26 to 31 hours per week will receive funding at 80%. Regular employees scheduled to work 20-25 hours per week will receive funding at 60%.
Employer Funding. Where the New Graduate Nurse is not bridged to a permanent full time position during the 26 weeks, MOHLTC-funded period, the Employer must fund a period of full time, above staffing employment which must continue until the earliest of: (i) the date the New Graduate Nurse is hired into a permanent, full time position; or (ii) six weeks from the date the MOHLTC-funded bridging position ended.
Employer Funding. On Employer’s regularly scheduled paydays, Employer shall fund Cards by direct deposit of wages, salaries, bonuses, reimbursements, incentives and other funds payable to Cardholders by Employer through standard Automated Clearing House (ACH) to the Issuing Bank following SOLE’s and Issuing Bank’s procedures or by such other method as approved or directed by SOLE and Issuing Bank. ACH funding errors made by Employer to a Card and all adjustments to ACH deposits shall be made using an offsetting ACH adjustment when possible. In the event funding errors cannot be corrected through an ACH adjustment, the correction must be handled (adjusted) exclusively by the Employer and the Cardholder outside the Program; Employer shall make all reasonable efforts to contact the affected Cardholder to notify of