Exclusion Allowance Sample Clauses

The Exclusion Allowance clause defines specific circumstances or items that are not covered by the main terms of an agreement, effectively carving out exceptions to the general obligations or liabilities. In practice, this clause might specify that certain types of damages, such as indirect or consequential losses, are not recoverable, or that particular events, like acts of God, are excluded from warranty coverage. Its core function is to limit the scope of responsibility or risk for one or both parties, ensuring clarity about what is not included and helping to prevent disputes over unintended liabilities.
Exclusion Allowance. For any taxable year, an amount equal to the excess, if any, of a) The amount determined by multiplying 20% of the Employee’s Includible Compensation by the number of his Years of Service over b) The aggregate of the amounts, which were contributed by the Employer for annuity contracts or custodial accounts for the Employee and which were excludible from the gross income of the Employee for any prior taxable year.
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Exclusion Allowance. 1. $ 5. $ 3. --------------------- -------------------- ---------------------
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Exclusion Allowance. Section 403(b)(7) Custodial Account Worksheet #2 Special Rules............ 13 -------------------------------------------------------------------------------- WELCOME TO JACK▇▇▇ ▇▇▇IONAL CAPITAL MANAGEMENT FUNDS -------------------------------------------------------------------------------- RELATIONSHIP Jack▇▇▇ ▇▇▇ional Financial Services, Inc., is the Investment Adviser to Jack▇▇▇ ▇▇▇ional Capital Management Funds.
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Related to Exclusion Allowance

  • Shift Allowance In addition to the wage specified in sub-clause (1), read with sub- clause (12), a normal shift worker shall, in respect of his shift hours worked in any week, be paid an additional 12,5% on such wage.

  • Isolation Allowance ‌ Employees in the following Communities shall receive an Isolation Allowance of $74.00 per month. Alert Bay ▇▇▇▇▇ Lake Chetwynd ▇▇▇▇▇▇ Creek ▇▇▇▇▇ Lake Fort ▇▇▇▇▇▇ Fort St. ▇▇▇▇▇ Fort St. ▇▇▇▇ ▇▇▇▇▇▇ Lake Gold River Hazelton Houston Hudson Hope Kitimat ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Nakusp New Denver Port ▇▇▇▇▇ Port Hardy Port ▇▇▇▇▇▇▇ Pouce Coupe Prince ▇▇▇▇▇▇ ▇▇▇▇▇ Charlotte Islands ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Tahsis Terrace Tofino Tumbler Ridge Valemount Vanderhoof Waglisla

  • Separation Allowance Should it become necessary to close the plant or a portion of the plant and it is not expected that those affected will be re-employed, a separation allowance will be paid to employees subject to the following:

  • Relocation Allowance An employee who is promoted and required by agency policy to relocate his residence shall be granted time off with pay for one workday for this purpose. In addition, the employee shall be granted travel time to the new location based on the most direct route. No employee will be credited with more than the number of hours in the employee’s regular workday and such time shall not be counted as hours worked for the purpose of computing compensatory time or overtime.

  • Vacation Allowance Employees in permanent positions are entitled to vacation with pay. Accrual is based upon straight time hours of working time per calendar month of service and begins on the date of appointment to a permanent position. Increased accruals begin on the first of the month following the month in which the employee qualifies. Accrual for portions of a month shall be in minimum amounts of one (1) hour calculated on the same basis as for partial month compensation pursuant to Section 5.8 (Salary Reallocation and Salary Reallocation) of this MOU. Vacation credits may be taken in one (1) minute increments but may not be taken during the first six (6) months of employment (not necessarily synonymous with probationary status) except where sick leave has been exhausted; and none shall be allowed in excess of actual accrual at the time vacation is taken.