Excess Leave Balances Sample Clauses

Excess Leave Balances. RDDT will advise each employee of her or his accrued leave credits and will notify an employee when the balance exceeds 40 days. Within 20 days of receiving this notification, the employee will submit a leave plan that reduces up to ¼ of the leave accrued. Where agreement is not reached or the employee fails to submit the plan by the due date, RDDT will direct the employee to take any leave up to ¼ of the leave accrued on dates nominated by RDDT and the leave balance will be adjusted accordingly.
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Excess Leave Balances. The parties to the Agreement agree that in the interests of employee health and well being, employees will, wherever practicable, take regular annual leave.
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Excess Leave Balances. 158 The parties to the Agreement agree that in the interests of employee health and well being, employees will wherever practicable, take regular Planned Leave. 159 An employee’s accrued Planned Leave entitlement should not exceed 53 days at any point in time. 160 An employee with a Planned Leave balance in excess of 53 days may be directed to take up to one quarter of their Planned Leave balance by the Secretary. 161 Where any designated public holiday occurs for which the employee is entitled to payment during any period of Planned Leave, the period of the holiday is not deducted from the annual entitlement. 162 Where Planned Leave is cancelled without reasonable notice or an employee is recalled to duty from Planned Leave, the employee will have their Planned Leave re-credited to the extent of the period that they were recalled and reimbursed reasonable costs that may occur as a result of the recall to duty. 163 An employee receiving workers’ compensation will accrue Planned Leave in accordance with the Safety Rehabilitation and Compensation Act 1988. 164 Where employment ceases, the employee will be entitled to payment in lieu of all of their outstanding Planned Leave credits. The payment will be calculated using the employee’s final rate of salary, including allowances that would have been included during Planned Leave. 165 Where an employee dies, or the Secretary has directed that an employee may be presumed to have died on a particular date, payment will be made to the dependants or partner or the personal legal representative of the former employee of an amount that would have been paid if the employee had ceased employment by resignation or retirement. 166 With the agreement of the Secretary, an employee may elect to purchase one, two, three or four weeks Additional Planned Leave per year. Where an approved election is made the: • election will remain in force for 24 months; and • employee may cancel an election at anytime. 167 If after 12 months any amount of the approved Additional Planned Leave is unused, the employee may elect in writing to have the credits cancelled and monies repaid. 168 Where any amount of unused approved Additional Planned Leave is unused after the 24 month period, the credit will be cancelled and the monies repaid to the employee. 169 Additional Planned Leave is taken as leave without pay. Once an election has been made, the employee’s salary payment will be averaged over a 12 month period to ensure a standard payment is ...
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Related to Excess Leave Balances

  • Cash Balances Uninvested cash balances in my Account will be automatically swept into the Xxxxxx Xxxxx Money Market Fund according to my previous elections and authorizations relating to the treatment of cash balances. I understand and agree that the Xxxxxx Xxxxx Money Market Fund is offered by an Xxxxxx Xxxxx affiliate and, as a result, Xxxxxx Xxxxx has a financial incentive to select the Xxxxxx Xxxxx Money Market Fund as the available cash option, instead of a third-party cash product.

  • Negative Balances If your Stripe Account balance (or the Stripe Account balance of any User Group Entity) is negative, or does not contain funds sufficient to pay amounts that you (or a User Group Entity) owe to Stripe, its Affiliates or Customers, then without limiting Stripe’s rights under Sections 4.2 and 4.3 of the General Terms, Stripe may debit the User Bank Accounts by the amount necessary to collect, and pay out to Customers if applicable, the amounts you owe.

  • Minimum Balance Xxxxxxxx agrees to maintain a minimum balance of funds in the Settlement Account as Processor may specify to Merchant in writing from time to time.

  • Excess Contributions An excess contribution is any amount that is contributed to your IRA that exceeds the amount that you are eligible to contribute. If the excess is not corrected timely, an additional penalty tax of six percent will be imposed upon the excess amount. The procedure for correcting an excess is determined by the timeliness of the correction as identified below.

  • Original Class A Percentage The Original Class A Percentage is 96.09547893%

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Minimum Cash Balance Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement

  • Over-Allowance Amount On the Cost Proposal Delivery Date and, in any event, prior to the commencement of the construction of the Tenant Improvements, Tenant shall deliver to Landlord cash in an amount (the “Over-Allowance Amount”) equal to the difference between (i) the amount of the Cost Proposal and (ii) the amount of the Tenant Improvement Allowance (less any portion thereof already disbursed by Landlord, or in the process of being disbursed by Landlord, on or before the Cost Proposal Delivery Date). The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. If, after the Cost Proposal Date, any revisions, changes, or substitutions shall be made to the Construction Drawings or the Tenant Improvements as a result of requests made by Tenant or as otherwise specified in Section 5.01(h) below, any additional costs which arise in connection with such revisions, changes or substitutions shall be paid by Tenant to Landlord immediately upon Landlord’s request as an addition to the Over-Allowance Amount and, in any event, prior to the commencement of the construction of the revisions, changes or substitutions. Promptly following completion of construction of the Tenant Improvements and payment of all costs incurred in connection therewith, Landlord shall prepare and deliver to Tenant a reasonably detailed reconciliation of (i) the total cost of the Tenant Improvements, including all Tenant Improvement Allowance Items, and (ii) the total amount of the Tenant Improvement Allowance and the Over-Allowance Amount payments previously made by Tenant pursuant to the foregoing provisions of this Section. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements exceeds the amount of the Tenant Improvement Allowance plus all Over-Allowance Amount previously paid by Tenant, Tenant shall pay the amount of such shortfall to Landlord within thirty (30) days after receipt of such reconciliation. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements is less than the amount of the Tenant Improvement Allowance plus all Over-Allowance Amounts previously paid by Tenant, Landlord shall pay the amount of such overage to Tenant at the time that Landlord delivers such reconciliation to Tenant.

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • Cash Balance Within two (2) Business Days after the end of each Fiscal Month, Borrower will deliver a certificate reporting to Agent the Cash Balance as of the last day of the Fiscal Month just ended, which certificate shall be executed and certified by a Responsible Officer of the Borrower as true and correct; (d)

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