Full Pay Defined Clause Samples
The "Full Pay Defined" clause establishes what constitutes complete payment under the terms of an agreement. It typically outlines the specific amounts, timing, and acceptable methods of payment required for an obligation to be considered fully satisfied. For example, it may clarify whether partial payments, deductions, or set-offs are permitted, or if only the exact amount in a specified currency is acceptable. This clause ensures both parties have a clear understanding of when payment obligations are fully met, thereby reducing disputes over whether payment has been properly made.
POPULAR SAMPLE Copied 1 times
Full Pay Defined. The term "full pay" shall be defined as forty (40) hours pay at the employee's straight-time hourly rate which was in effect at the time his vacation became due.
Full Pay Defined. The term “full pay” shall be defined as forty (40) hours’ pay at the employee’s straight-time hourly rate which was in effect at the time his vacation became due on the employee’s anniversary date provided, however, that if the Employer does not pay the vacation pay on the anniversary date, the payment of vacation pay shall be based on straight-time hourly rate of pay in effect at the time the employee takes the vacation. Absence from work up to seven (7) weeks or two hundred eighty (280) straight-time hours within the period of fifty-two (52) consecutive weeks, immediately preceding the employee’s anniversary date, due to sickness, injury or temporary layoff, or other bona fide emergencies, shall be considered as time worked for the purpose of determining eligibility for full vacation pay. In the event that an employee is absent from work in excess of seven (7) weeks, as set forth above, whatever vacation pay the employee is entitled to shall be prorated according to the ratio that the straight-time hours actually worked bear to two thousand eighty (2,080) hours. Hours worked shall include paid holidays, paid vacations and paid jury duty.
Full Pay Defined. Except as otherwise provided in this Agreement, "full pay" means normal pay and includes during the first one hundred fifty (150) hours of the period of absence, any salary increase the employee was scheduled to receive, but does not include payment for any overtime hours scheduled but not worked.
Full Pay Defined. 1. Full pay, as used above, shall mean the unit employee's current base salary, benefits, and any assigned bonus.
2. Full pay shall not include any overtime or compensatory time when meet and confer session(s) are held at times which would if worked, constitute time worked for which unit employees would receive overtime and/or compensatory time off.
Full Pay Defined. 19 8.2.2 Part-Time Vacation Pay. 19
Full Pay Defined. The term “full pay” shall be defined as forty (40) hours’ pay at the employee’s straight-time hourly rate which was in effect at the time his or her vacation became due on the employee’s anniversary date provided, however, that if the Employer does not pay the vacation pay on the anniversary date, the payment of vacation pay shall be based on straight-time hourly rate of pay in effect at the time the employee takes the vacation.