Higher Rated Sample Clauses

Higher Rated. Job When an employee temporarily relieves in or performs the principal duties of a higher paying position, the employee shall receive the rate for the job. When that position carries a wage range, the employee shall receive the next higher step than their previous rate or SEVENTY-FIVE (75) cents per hour, whichever is greater.
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Higher Rated. Job - means a job where the highest rate is higher than the highest rate for job to which it is being compared. A lower rated job shall mean the opposite.
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Higher Rated. Job - the pay scale for the secondary position when the principal duties of the position are being performed. When that position carries a wage range, the employee shall receive the next higher step than their primary positions' rate or Seventy-Five ($.75) cents per hour, whichever is greater.
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Higher Rated. Job When an Employee is temporarily assigned to relieve in or perform the principle duties of a position in a higher job classification level either inside or outside of the bargaining unit, he/she shall receive a rate of pay in accordance with Article 17.03
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Higher Rated. Job When an employee temporarily relieves in or performs the principal duties of a higher paying
Sample 1
Higher Rated. Job When an employee temporarily relieves in or performs the principal duties of a higher paying position, he/she shall receive the rate for the job. When that position carries a wage range, he/she shall receive the rate next higher than his/her previous rate. An employee relieving in a position carrying a wage range shall qualify for the higher rate for all hours worked after having worked more than one (1) day. In the event that an employee is required to work for a prolonged period in a higher rated job (including acting librarian) the employee shall have the option of accumulating the pay difference to be taken as time off at a mutually agreed time or receiving the increase as regular pay.
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Related to Higher Rated

  • Rate Holders of Designated Preferred Stock shall be entitled to receive, on each share of Designated Preferred Stock if, as and when declared by the Board of Directors or any duly authorized committee of the Board of Directors, but only out of assets legally available therefor, cumulative cash dividends with respect to each Dividend Period (as defined below) at a rate per annum equal to the Applicable Dividend Rate on (i) the Liquidation Amount per share of Designated Preferred Stock and (ii) the amount of accrued and unpaid dividends for any prior Dividend Period on such share of Designated Preferred Stock, if any. Such dividends shall begin to accrue and be cumulative from the Original Issue Date, shall compound on each subsequent Dividend Payment Date (i.e., no dividends shall accrue on other dividends unless and until the first Dividend Payment Date for such other dividends has passed without such other dividends having been paid on such date) and shall be payable quarterly in arrears on each Dividend Payment Date, commencing with the first such Dividend Payment Date to occur at least 20 calendar days after the Original Issue Date. In the event that any Dividend Payment Date would otherwise fall on a day that is not a Business Day, the dividend payment due on that date will be postponed to the next day that is a Business Day and no additional dividends will accrue as a result of that postponement. The period from and including any Dividend Payment Date to, but excluding, the next Dividend Payment Date is a “Dividend Period”, provided that the initial Dividend Period shall be the period from and including the Original Issue Date to, but excluding, the next Dividend Payment Date. Dividends that are payable on Designated Preferred Stock in respect of any Dividend Period shall be computed on the basis of a 360-day year consisting of twelve 30-day months. The amount of dividends payable on Designated Preferred Stock on any date prior to the end of a Dividend Period, and for the initial Dividend Period, shall be computed on the basis of a 360-day year consisting of twelve 30-day months, and actual days elapsed over a 30-day month. Dividends that are payable on Designated Preferred Stock on any Dividend Payment Date will be payable to holders of record of Designated Preferred Stock as they appear on the stock register of the Issuer on the applicable record date, which shall be the 15th calendar day immediately preceding such Dividend Payment Date or such other record date fixed by the Board of Directors or any duly authorized committee of the Board of Directors that is not more than 60 nor less than 10 days prior to such Dividend Payment Date (each, a “Dividend Record Date”). Any such day that is a Dividend Record Date shall be a Dividend Record Date whether or not such day is a Business Day. Holders of Designated Preferred Stock shall not be entitled to any dividends, whether payable in cash, securities or other property, other than dividends (if any) declared and payable on Designated Preferred Stock as specified in this Section 3 (subject to the other provisions of the Certificate of Designations).

  • Interest Rate The LHIN may charge the HSP interest on any amount owing by the HSP at the then current interest rate charged by the Province of Ontario on accounts receivable.

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