Common use of Overtime Work and Compensation Clause in Contracts

Overtime Work and Compensation. For working on a designated holiday that falls on an employee’s regularly scheduled day off, employees working in a class designated to receive cash payment for overtime at one and one-half times their hourly rate, or in a class eligible to receive overtime premium compensation, the employee shall receive cash at the rate of one and one-half times for all hours worked not to exceed one-tenth (1/10) the number of regularly scheduled hours in the employee’s biweekly pay period. Hours in excess of one-tenth (1/10) of the number of regularly scheduled hours in the employee’s biweekly pay period shall be compensated pursuant to Article 5, Section 2,

Appears in 6 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

AutoNDA by SimpleDocs

Overtime Work and Compensation. For working on a designated holiday that falls on an employee’s regularly scheduled day off, employees working in a class designated to receive cash payment for overtime at one and one-half times their hourly rate, or in a class eligible to receive overtime premium compensation, the employee shall receive cash at the rate of one and one-half times for all hours worked worked, not to exceed one-tenth (1/10) the number of regularly scheduled hours in the employee’s biweekly pay period. Hours in excess of one-tenth (1/10) of the number of regularly scheduled hours in the employee’s biweekly pay period shall be compensated pursuant to Article 5, Section 2,

Appears in 5 contracts

Samples: Memorandum of Agreement, Memorandum of Agreement, Memorandum of 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!