Offshore compensation Sample Clauses

Offshore compensation. The total pay in item 4.2 (line 2) includes a 47% offshore compensation. Offshore compensation includes payments for the special conditions which offshore work entails and which are not otherwise compensated in this agreement. Wage system for catering employees in operator enterprises:
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Offshore compensation. Board and lodging rates are replaced by a daily flat rate when service personnel are staying on board a vessel offshore/sailing/quayside/anchorage/dry-dock. See Appendix A – Offshore compensation.
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Offshore compensation. The total wage in Article 4.2 (line 2) includes a 47% offshore compensation. Offshore compensation includes remuneration for the special conditions entailed by offshore work, and which are not otherwise compensated in the agreement.
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Offshore compensation. 5.2.1 Offshore compensation amounts to 21% of the base salary. The daily offshore compensation is calculated as follows: (Annual salary – Annual salary / 1.21) / 146
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Related to Offshore compensation

  • Employees' Compensation The Consultant shall be solely responsible for the following:

  • Incentive Pay (1) For any calendar year: in which twenty-five percent (25%) of the number of members employed as of January 1 of each year are rated as either Level II or Level III in every phase of the PFT then

  • Fees and Compensation Managers and Officers may receive such compensation and fees, if any, for their services, and such reimbursement for expenses, as may be determined by resolution of the Board.

  • Overtime Compensation (a) Overtime worked shall be compensated at the following rates:

  • Director Compensation Petitioner shall not compensate members of the Charter School’s Governing Board in excess of reasonable expenses incurred in connection with actual attendance at board meetings or with performance of duties associated therewith.

  • Base Compensation a. The Company and the Bank agree to pay Executive during the term of this Agreement a base salary at the rate of $ per year, payable in accordance with customary payroll practices.

  • Incentive Compensation During the Term, Executive shall be eligible to receive cash incentive compensation as determined by the Board or the Committee, in its sole discretion, from time to time. For the Company’s 2017 fiscal year, Executive’s target annual incentive compensation shall be 45% of Executive’s Base Salary, and will be awarded based on the objective and/or subjective criteria established and approved by the Board or the Committee, as applicable. The Board or Committee shall have the sole discretion to determine whether Executive has earned any bonus and, if so, the amount of such bonus.

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