Pay Basis Sample Clauses

Pay Basis. Except as otherwise expressly stated In this Agreement, an employee will be paid only for the time actually worked.
Sample 1
AutoNDA by SimpleDocs
Pay Basis. 1. Bus drivers are considered nine (9) month employees and are expected to serve as needed and defined by the School District's calendar as established by the District for the home-to-school regular bus routes. Regular bus routes may be altered by the District on an as-needed basis. 2. Bus drivers are paid for the actual hours they work. Drivers who take leave for less than a full day shall have the actual work hours missed deducted from their accrued and available leave time. Drivers who take a full day of leave will have leave deducted based on their “base-time” for the day. The intent is to pay all bus drivers for the elapsed time that they are required to work as defined below:
Sample 1
Pay Basis. 1. Hours worked in excess of forty (40) hours per week will be paid at time and one-half. 2. Part-time operators shall be paid only for the hours that they work with a minimum guarantee of two (2) hours including any continuous time. 3. All list operators will receive a four (4) hour guarantee per day when making the necessary reports. There will only be one unpaid break of sixty minutes or more in the make-up of work or assignments of part-time school list operators. 4. School operators who elect to work a charter on their day off, and pull the bus out of the garage, will be paid a minimum of four (4) hours for the day. If the charter is cancelled after the operator makes the necessary report they will be paid two (2) hours.
Sample 1
Pay Basis. 1. Bus drivers are considered nine (9) month employees and are expected to serve as needed and defined by the School District's calendar as established by the District for the home-to-school regular bus routes. Regular bus routes may be altered by the District on an as-needed basis. 2. The District cannot guarantee 5 hours of base time, but drivers will be allowed to perform supplemental duties in order to reach a 5 hour work day. Such assignments could include playground duty, lunch supervision, custodial, grounds, office help, hall monitoring or tutoring, etc. The additional duties will be assigned by the district in accordance with the employee’s skills and abilities. The rate of pay for the additional duties will be in accordance with Range I Step 1 of the classified salary schedule.
Sample 1

Related to Pay Basis

  • Settlement Date Basis For purposes of this Agreement, all determinations of whether an investment is to be included as a Portfolio Investment shall be determined on a settlement-date basis (meaning that any investment that has been purchased will not be treated as a Portfolio Investment until such purchase has settled, and any Portfolio Investment which has been sold will not be excluded as a Portfolio Investment until such sale has settled); provided that no such investment shall be included as a Portfolio Investment to the extent it has not been paid for in full.

  • Measurement method An isolation resistance test instrument is connected between the live parts and the electrical chassis. The isolation resistance is subsequently measured by applying a DC voltage at least half of the working voltage of the high voltage bus. If the system has several voltage ranges (e.g. because of boost converter) in conductively connected circuit and some of the components cannot withstand the working voltage of the entire circuit, the isolation resistance between those components and the electrical chassis can be measured separately by applying at least half of their own working voltage with those components disconnected.

  • Measurement and Payment Temporary traffic control work, including, but not limited to installation and removal of portable signs, cones, drums, skinny drums, flaggers, AFAD’s, changeable message boards, truck mounted attenuators, flashing arrow boards, and pilot vehicles will be paid at the contract lump sum price for

  • After-Tax Basis Indemnification under Section 11.1 and Section 11.2 shall be in an amount necessary to make the Indemnified Party whole after taking into account any tax consequences to the Indemnified Party of the receipt of the indemnity provided hereunder, including the effect of such tax or refund on the amount of tax measured by net income or profits that is or was payable by the Indemnified Party.

  • Balance Computation Method For all dividend-bearing Accounts, dividends are calculated by the average daily balance method which applies a daily periodic rate to the average daily balance for the average daily balance calculation period. The average daily balance is determined by adding the full amount of the principal in Your Account for each day of the period and dividing that figure by the number of days in the period. Accrual on Noncash Deposits. For dividend-bearing Accounts, dividends will begin to accrue on the business day that You deposit noncash items (e.g. checks) into Your Account.

  • Non pre-priced Adjustment Factor To be applied to Work determined not to be included in the CTC but within the general scope of the work: 1.1900.

  • Market Capitalization At the time the Registration Statement was or will be originally declared effective, and at the time the Company’s most recent Annual Report on Form 10-K was filed with the Commission, the Company met or will meet the then applicable requirements for the use of Form S-3 under the Securities Act, including, but not limited to, General Instruction I.B.1

  • NET INVESTMENT FACTOR The Net Investment Factor for any Subaccount as of the end of any Valuation Period is determined by dividing (1) by (2) and subtracting (3) from the result, where:

  • Interest Factor With respect to this Floating Rate Note, accrued interest is calculated by multiplying the principal amount of such Note by an accrued interest factor. The accrued interest factor is computed by adding the interest factor calculated for each day in the particular Interest Reset Period. The interest factor for each day will be computed by dividing the interest rate applicable to such day by 360, in the case of a Floating Rate Note as to which the CD Rate, the Commercial Paper Rate, the Federal Funds Open Rate, the Federal Funds Rate, LIBOR or the Prime Rate is an applicable Interest Rate Basis, or by the actual number of days in the year, in the case of a Floating Rate Note as to which the CMT Rate or the Treasury Rate is an applicable Interest Rate Basis. In the case of a series of Notes that bear interest at floating rates as to which the Constant Maturity Swap Rate is the Interest Rate Basis, the interest factor for each day will be computed by dividing the number of days in the interest period by 360 (the number of days to be calculated on the base is of a year of 360 days with twelve 30-day months (unless (i) the last day of the interest period is the 31st day of a month but the first day of the interest period is a day other than the 30th or 31st day of a month, in which case the month that includes that last day shall not be considered to be shortened to a 30-day month, or (ii) the last day of the interest period is the last day of the month of February, in which case the month of February shall not be considered to be lengthened to a 30-day month)). The interest factor for a Floating Rate Note as to which the interest rate is calculated with reference to two or more Interest Rate Bases will be calculated in each period in the same manner as if only the applicable Interest Rate Basis specified above applied.

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C. 1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

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