Pay in Lieu of Supplementary Benefits Sample Clauses

Pay in Lieu of Supplementary Benefits. When a new employee has accumulated 1820 hours of work, s/he will receive a five percent increase in his/her hourly rate. This is a one-time only adjustment to an employee’s hourly rate and is in lieu of the provision of regular benefits.
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Related to Pay in Lieu of Supplementary Benefits

  • Death Benefits Upon the Executive's death during the Contract Period, his estate shall not be entitled to any further benefits under this Agreement.

  • Payment of Supplementary Xxxx 10.7.1 SPD may raise a ("Supplementary Xxxx") for payment on account of:

  • Supplemental Benefits The employer shall maintain a “Supplemental Unemployment Benefits Plan” pursuant to the Employment Insurance Act and Regulations. The employer shall make amendments as appropriate to ensure that the Plan provides the maximum permissible benefits in conjunction with Article 17.03.

  • Survivor Benefits 1. A surviving dependent of a retiree who was eligible to receive a Retiree Medical Grant, as stated above in A through C, and who qualifies for a monthly allowance shall be eligible for fifty (50) percent of the Grant authorized for the retiree.

  • City Benefits The Contractor shall not be entitled to any of the benefits established for the employees of the City nor be covered by the Worker's Compensation Program of the City.

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • Supplemental Compensation Pursuant to Section 7 of the Agreement, Supplemental Compensation will be paid as follows:

  • SUPPLEMENTARY PAYMENTS These Supplementary Payments are subject to the terms of the Principal Coverages and they do not increase the limit of liability stated for the principal coverages except: Claims and Defense Expense Coverage.

  • Basic Benefit Effective January 1, 2008, the basic life insurance benefit will be increased from $15,000 to $18,000 for employees. This shall be the default level of life insurance coverage, which shall be provided at no cost to the employee.

  • Voluntary Benefits The Board will make optional voluntary group benefits 25 available to all eligible employees. Employees who participate in voluntary benefits must do so at 26 their own expense or with available Flex Credits. Voluntary benefits shall be recommended by the 27 Insurance Task Force and approved by the Board.

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