Common use of LIEU PAYMENTS Clause in Contracts

LIEU PAYMENTS. 3.01 In lieu of insurable and uninsurable benefits or entitlements, the Employer shall pay each actively employed Student the gross sum of: (a) 6% of their gross wages earned directly from the hours each Student actually worked for the period January 1 through June 30 inclusive, and for the same successive six (6) month period completed during the term of this Agreement, less applicable statutory deductions; and (b) 6% of their gross wages earned directly from the hours each Student actually worked for the period July 1 through December 31 inclusive, and for the same successive six (6) month period completed during the term of this Agreement, less applicable statutory deductions.

Appears in 3 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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LIEU PAYMENTS. 3.01 In lieu of insurable and uninsurable benefits or entitlements, the Employer shall pay each actively employed Student the gross sum of: : (a) 6% of their gross wages earned directly from the hours each Student actually worked for the period January 1 through June 30 inclusive, and for the same successive six (6) month period completed during the term of this Agreement, less applicable statutory deductions; and and (b) 6% of their gross wages earned directly from the hours each Student actually worked for the period July 1 through December 31 inclusive, and for the same successive six (6) month period completed during the term of this Agreement, less applicable statutory deductions.

Appears in 1 contract

Samples: Collective Agreement

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