Holiday Payments Sample Clauses
The Holiday Payments clause outlines the rules and procedures for compensating employees for work performed during recognized holidays. Typically, this clause specifies which holidays are covered, the rate of pay (such as overtime or double time) for hours worked on those days, and eligibility requirements for receiving holiday pay. Its core function is to ensure fair and consistent treatment of employees regarding holiday compensation, thereby preventing disputes and clarifying employer obligations.
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Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
Holiday Payments. Employees continue to receive holiday pay for those holidays that fall during the first twenty-six (26) weeks of a workers’ compensation leave. After the initial twenty-six (26) week period of a workers’ compensation leave there shall be no further payment of holiday pay until the employee is able to return to full duty.
Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a Saturday, Sunday or business holiday under the laws of the District of Columbia, such payment shall be made on the next succeeding business day and such extension of time shall be included in computing any interest in respect of such payment.
Holiday Payments. 28.3.1. An employee whose employment is terminated for any reason shall receive compensation for holidays worked but not paid.
28.3.2. An employee who has completed at least one (1) year of continuous service and whose employment is terminated for any reason except discharge or resignation in lieu of dismissal shall receive compensation for floating holidays requested but denied by the Sheriff or his designee.
Holiday Payments. 20.5.1 Employees who are required to work on the day a holiday is observed (meaning the period from 12 midnight to 12 midnight of the day observed as the holiday) shall be paid two and one-half (2-1/2) times his/her basic rate of pay for all hours worked. In addition, for all hours not worked by the employee within the hours of his/her scheduled tour on the day the holiday is observed, he/she shall be paid at his/her basic rate of pay. As used in this subparagraph, the hours of an employee's scheduled tour on an observed holiday shall not exceed eight (8) and will be the same as the first hours of those scheduled in the last scheduled tour of the employee preceding the day on which the holiday is observed.
Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a Saturday, Sunday or business holiday under the laws of the Commonwealth of Massachusetts such payment shall be made on the next succeeding business day and such extension of time shall be included in computing any interest in respect of such payment.
Holiday Payments. If any payment to be made by the Borrower hereunder shall become due on a Saturday, Sunday or business holiday under the laws of the Commonwealth of Virginia such payment shall be made on the next succeeding business day and such extension of time shall be included in computing any interest in respect of such payment.
Holiday Payments. If any payments to be made by the Borrower or any other member of the Obligated Group hereunder, or under the other Loan Documents, the Management Agreements, the BCC Note, the Deferred Purchase Price Note, or the Subordinate Mortgage shall become due on a date not a Business Day, such payments shall be made on the next succeeding Business Day and such extension of time shall be included in computing any interest in respect of such payment.
Holiday Payments. All employees shall be paid for the legal holidays listed above at the regular hourly rate of pay for such employees. Employees scheduled to work on such holidays shall be paid at the rate of double time for hours worked on that day, in addition to the amount received for such legal holiday. If the employee has active discipline for attendance of a written warning or more, that employee is required to work the day before, and the day after a holiday, in order to be paid for the holiday, unless the employee has a valid reason for absence, such as hospitalization. Double straight time shall be paid for work performed on a holiday outside an employee's normal schedule, regardless of other provisions of this Agreement.
Holiday Payments. 52.1 Four per cent (4%) of gross pay, not including vacation pay, shall be added to the employee’s regular pay to compensate for the following holidays:
a) New Year’s Day Family Day Good Friday Victoria Day Canada Day Civic Holiday Labour Day Thanksgiving Day Christmas Day Boxing Day and any additional public holidays as defined pursuant to the Employment Standards Act;
b) in addition to a), two (2) “personal” days will be granted to each contract employee for each six (6) months of consecutive employment in a calendar year. These are to be taken at any time during a given calendar year mutually agreed upon by the supervisor and the employee and subject to operational requirements.