Common use of Monetary Obligations Clause in Contracts

Monetary Obligations. The amounts payable under this Agreement are intended to satisfy all entitlements that an Employee may have under any applicable award, industrial agreement or law, including in respect of any overtime, allowances, shift penalties, public holidays penalties, annual leave loading and any other allowances and benefits, and any payments paid to the Employee may be absorbed or used to off-set against any monetary obligation imposed on the Employer by any applicable award, this Agreement or the National Employment Standards or the FW Act.

Appears in 13 contracts

Samples: Enterprise Agreement, Enterprise Agreement, Enterprise Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!