Common use of Note B Clause in Contracts

Note B. The “part-time equivalent work week” classifi- cation of each part-time employee shall be recalcu- lated by the Company no less often than every six (6) months on April 1 and October 1 of each year, based on the actual average number of hours worked per month during the preceding six (6)-month period. The recalculated “part-time equivalent work week” clas- sification shall be placed in effect if it differs by more than plus or minus three (+/–3) hours from the employee’s current “part-time equivalent work week” classification, or if it would change the employee’s current premium payment percentage for the Medi- cal, Dental, and Vision Plans, as described in the "Memorandum of Understanding Regarding Part- Time Employees," in the 2017 Labor Agreements, paragraph 5., a., b., and c. Any hours worked which are paid at the overtime rate shall not be counted in computing the average number of hours worked.

Appears in 4 contracts

Samples: Labor Agreement, Labor Agreement, Labor 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!