Overtime-Continuous Operations Sample Clauses

Overtime-Continuous Operations. The Company will pay an hourly rated or salaried employee on a nonexempt job for overtime as follows: (a) At the rate of time and one-half for hours worked either (1) In excess of 8 hours in any single workday; or (2) In excess of 40 hours in any given workweek; or (3) In excess of 8 hours in any continuous 24 hours beginning at the starting time of the employee’s shift; or (4) On his Saturdays or Sundays if either day is not his 7th day of his workweek; or (5) On employee’s 7th day of his workweek if such day is neither his Saturday, Sunday or observed holiday; or (6) On his Saturdays and Sundays (as a minimum if employee is on a special schedule other than that outlined in 3(a)(1) above). (b) At the rate of double time for hours worked either (1) On the employee’s 7th day of his workweek, if such day is his Saturday, Sunday or observed holiday; or (2) On the employee’s 6th day of the workweek if falling on an observed holiday; or (3) In excess of 12 hours in his workday; provided that an employee who shall have worked in excess of 12 hours in any single workday, and who shall be required to continue at work beyond that workday, shall continue to be paid at the double time rate for hours worked until he shall have been relieved from work. (c) At the rate of double time and one-half for hours worked on the holidays listed in Article VII as paid holidays.
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Overtime-Continuous Operations. The Company will pay for overtime as follows: (a) At one and one-half (1-1/2) times the straight time rate for hours worked either: (1) In excess of eight (8) hours in any single workday, or (2) In excess of forty (40) hours in any given workweek, or (3) On Saturday or Sunday if either day is not the seventh (7) day of the scheduled workweek, or (4) On the seventh (7) day of the scheduled workweek if the seventh (7) day is not Saturday or Sunday or one of the designated holidays listed in Article VIII. (b) At two (2) times the straight time rate for hours worked either: (1) On the employee's seventh (7) day of the workweek if such day is Saturday, Sunday or an observed holiday, or (2) On the employee's sixth (6) day of the workweek if it falls on an observed holiday other than those listed in Article VIII, or (3) In excess of twelve (12) hours in any single workday; provided that an employee who shall have worked in excess of twelve (12) hours in any single workday and who shall be required to continue at work beyond that workday, shall continue to be paid at the double time rate for hours worked until relieved from work, and provided further that the 30 or 12 minutes relieving time described in Article IV, Section 10 hereof, shall not be counted as time worked in determining whether the employee shall continue to be paid at the double time rate for work beyond 12 hours worked in that workday.
Sample 1
Overtime-Continuous Operations. The Company will pay an hourly rated or salaried employee on a nonexempt job for overtime as follows: (a) At the rate of time and one-half for hours worked either (1) In excess of 8 hours in any single workday; or (2) In excess of 40 hours in any given workweek; or (3) In excess of 8 hours in any continuous 24 hours beginning at the starting time of the employee’s shift; or (4) On the employee’s Saturdays or Sundays if either day is not the employee’s 7th day of the employee’s workweek; (5) On employee’s 7th day of the employee’s workweek if such day is neither the employee’s Saturday or Sunday; or (6) On the employee’s Saturdays and Sundays (as a minimum if employee is on a special schedule other than that outlined in 3(a)(1) above). (b) At the rate of double time for hours worked either (1) On the employee’s 7th day of the employee’s workweek, if such day is the employee’s Saturday or Sunday; or (2) In excess of 12 hours in the employee’s workday; provided that an employee who shall have worked in excess of 12 hours in any single workday, and who shall be required to continue at work beyond that workday, shall continue to be paid at the double time rate for hours worked until the employee shall have been relieved from work. (c) At the rate of double time and one-half for hours worked on the holidays listed in Article VII as paid holidays.
Sample 1

Related to Overtime-Continuous Operations

  • Continuous Operations Any employee or group of employees engaged in an operation for which there is regularly scheduled employment on a twenty-four (24) hour a day, seven (7) day a week basis shall be known as continuous operations employees.

  • Continuous Operation The work week shall provide for continuous operation based on a seven (7) day week, twenty-four (24) hours per day.

  • Continuous Employment For purposes of this Agreement, the continuous employment of the Grantee with the Company or a Subsidiary shall not be deemed to have been interrupted, and the Grantee shall not be deemed to have ceased to be an employee of the Company or Subsidiary, by reason of (a) the transfer of the Grantee’s employment among the Company and its Subsidiaries or (b) an approved leave of absence.

  • Description of Accounting Services on a Continuous Basis The Administrator will perform the following accounting services with respect to the Portfolio: (i) Journalize investment, capital share and income and expense activities; (ii) Verify investment buy/sell trade tickets when received from the investment adviser for the Portfolio (the “Adviser”) and transmit trades to the Fund’s custodian (the “Custodian”) for proper settlement; (iii) Maintain individual ledgers for investment securities; (iv) Maintain historical tax lots for each security; (v) Reconcile cash and investment balances of the Fund with the Custodian, and provide the Adviser with the beginning cash balance available for investment purposes; (vi) Update the cash availability throughout the day as required by the Adviser; (vii) Post to and prepare the Statement of Assets and Liabilities and the Statement of Operations; (viii) Calculate various contractual expenses (e.g., advisory and custody fees); (ix) Monitor the expense accruals and notify an officer of the Fund of any proposed adjustments; (x) Control all disbursements and authorize such disbursements upon Written Instructions; (xi) Calculate capital gains and losses; (xii) Determine net income; (xiii) Obtain security market quotes from independent pricing services approved by the Adviser, or if such quotes are unavailable, then obtain such prices from the Adviser, and in either case calculate the market value of the Portfolio’s Investments; (xiv) Transmit or mail a copy of the daily portfolio valuation to the Adviser; (xv) Compute net asset value; (xvi) As appropriate, compute yields, total return, expense ratios, portfolio turnover rate, and, if required, portfolio average dollar-weighted maturity; and (xvii) Prepare upon request a monthly financial statement which includes the following items: Schedule of Investments Statement of Assets and Liabilities Statement of Operations Cash Statement Schedule of Capital Gains and Losses.

  • Employment Deemed Continuous ‌ The service of an employee who is absent from work in accordance with this article shall be considered continuous for the purpose of Articles 18 (Vacation Entitlement) and 25 (Health Care Plans). The Employer shall continue to make payments to Health and Welfare Plans, in the same manner as if the employee were not absent where the employee elects to pay his or her share of the cost of the plans.

  • Description of Administration Services on a Continuous Basis (a) PNC will perform the following administration services with respect to each Portfolio: (i) Prepare quarterly broker security transactions summaries; (ii) Prepare monthly security transaction listings; (iii) Supply, in the form requested, various customary Portfolio and Fund statistical data on an ongoing basis; (iv) Prepare and ensure the filing of the Funds’ annual and semi-annual reports with the SEC on Forms N-SAR and N-CSR and the Fund’s quarterly reports with the SEC on Form N-Q; (v) If mutually agreed by PNC and VP Distributors in writing, prepare (or assist in the preparation of) and ensure the filing of (or coordinate filing of, as may be mutually agreed) such other reports with the SEC as may be required by the SEC and that would be primarily fulfilled using books and records maintained by PNC under the terms of this Agreement; (vi) Assist in the preparation of registration statements and other filings relating to the registration of Shares; (vii) Monitor each Portfolio’s status as a regulated investment company under Sub-chapter M of the Internal Revenue Code of 1986, as amended (“Sub-Chapter M”); (viii) Coordinate contractual relationships and communications between the Funds and their contractual service providers; (ix) Prepare expense budgets, accrual review and expense reports as needed; (x) Provide read-only on-line access to accounting system as requested; (xi) Provide electronic transmissions of holdings, transactions, security master, general ledger, NAV, security pricing data, and cash activity as specified; (xii) Coordinate printing and mailing of annual and semi-annual financial statements; (xiii) Prepare reports for Fund Boards and attend Board meetings when and as requested; (xiv) Prepare, execute, and file each Portfolio’s Federal and state tax returns, including closed funds, and appropriate extensions after review and approval by the Fund’s independent registered public accounting firm; (xv) Prepare, execute, and file each Portfolio’s federal excise returns (Form 8613) after review and approval by the Fund’s independent registered public accounting firm; (xvi) Prepare annual tax provisions and financial tax disclosures; (xvii) Prepare tax cost for semi-annual and Form N-Q filings updated for current year-to-date wash sales and prior year known Schedule M adjustments; (xviii) Prepare dividend calculations, including accompanying analysis and earnings summary in accordance with applicable policy (as such policy is provided in writing by VP Distributors to PNC), and maintain dividend history; (xix) Prepare required disclosures for shareholder reporting, including Form 1099-DIV reporting and supporting materials such as QDI, DRD, income from U.S. Obligations, income from State obligations, income from AMT obligations, tax-exempt income, and Florida intangibles; (xx) Monitor and propose procedures as needed for tax considerations in the following areas: corporate actions, consent income, bad debt/restructurings, new instruments, premium amortization, and legislation and industry developments on an ad hoc basis; and (xxi) Prepare and deliver, to the extent available to PNC, survey information when and in the form requested.

  • Overtime Meals When employees are required to work more than two (2) hours beyond their regular work days, the Employer will provide hot meals at no cost to the employees, up to a maximum of sixteen dollars ($16.00) (receipts to be submitted) plus paid meal periods of one-half (1/2) hour at the prevailing rate and thereafter at four (4) hour intervals. Any early morning start before regular starting time is entitled to a paid meal. The breakfast limit is thirteen dollars ($13.00) (receipts to be submitted). Employees called out on overtime shall be paid for meals as above, after four (4) hours work.

  • Overtime Work A. Overtime pay is to be paid at the rate of one and one- half (1½) times the basic hourly straight-time rate. B. Overtime shall be paid to employees for work performed only after eight (8) hours on duty in any one (1) service day or forty (40) hours in any one (1) service week. Nothing in this Section shall be construed by the parties or any reviewing authority to deny the payment of overtime to employees for time worked outside of their regularly scheduled work week at the request of the Employer. C. Penalty overtime pay is to be paid at the rate of two

  • Period of Continuous Service Period of Notice Up to 1 Year 1 Week More than 1 Year but less than 3 Years 2 Weeks More than 3 Years but less than 5 Years 3 Weeks More than 5 Years 4 Weeks

  • Sick Leave Abuse ‌ When the Employer suspects sick leave abuse, the employee will be provided the opportunity to explain the circumstances surrounding their sick leave use prior to disciplining the employee, or making reference to sick leave use in the employee’s performance evaluation. The Employer may not adopt or enforce any policy that counts the use of paid sick leave time as an absence that may lead to or result in disciplinary action for an authorized purpose. The Employer may not discriminate or retaliate against an employee for the use of paid sick leave for an authorized purpose.

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