Paymaster Clause Samples
A Paymaster clause designates a third-party entity responsible for receiving and distributing payments on behalf of the parties involved in a contract. In practice, the paymaster collects funds from one party and then disburses them to the appropriate recipients, often after verifying that certain conditions or milestones have been met. This arrangement is commonly used in complex transactions, such as construction projects or multi-party deals, to ensure that payments are handled impartially and according to the agreed terms. The core function of a Paymaster clause is to provide a neutral mechanism for managing payments, thereby reducing disputes and ensuring that all parties are paid correctly and on time.
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Paymaster. During the term of this 2000 Management Agreement, Mutual shall act as the common agent or common paymaster for all such employees providing services to Midwest Security. As common paymaster or common agent, Mutual shall be responsible for filing information and tax returns and issuing tax and other payroll forms and reports with respect to wages paid to the employees employed by State Auto P&C and provided to Midwest Security.
Paymaster. I hereby cancel any authorization heretofore given to you to deduct Union charges from my earnings. For each week during which I work for the General Electric Company while this assignment is in effect, I hereby assign, from my earnings now or hereafter payable to me from the Company to Local 647 of the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America service charges (as certified to the Company by the Local) and I hereby authorize and direct you to deduct such service charges (equivalent to periodic dues and initiation fees, uniformly required) from my earnings and pay the same for my account to such Local. You are hereby authorized to deduct such service charges from my earnings payable each week but if not so deducted in any particular week, you are then authorized to make such deduction from my earnings payable in any subsequent week. Subject to applicable law, I reserve the right to revoke this authorization by individual notice in writing mailed by registered or certified letter to the Company and Local 647 postmarked not earlier than July 1 and not later than July 10 any year during which this Agreement is in effect, or of any year during the term of each succeeding applicable collective bargaining agreement between the parties hereto, or 10 days prior to the termination date of each such succeeding Agreement. The term "dues or service charges", as used herein, will include only that regular payment required equally of all members, which has been certified in writing to the Company by a duly authorized official of Local 647, as the amount designated as membership dues or service charge pursuant to the Constitution of the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America. Excluded specifically from any authorization of deduction are fines, penalties, assessments, or similar types of payments. The parties agree that check-off forms authorized under prior Agreements will be honored by the Company and that the certification by the Local of the dues to be deducted under such check-off authorization constitutes an absolute defense to the Company of any claim by the employees or the Local that such dues have been illegally assessed or levied. (EXPLANATORY NOTE: Notices of revocation of authorization to deduct dues or service charge (dues check-off or service charge authorization) shall be sent by registered or certified mail, to the Manager - Evendale Payroll, Buil...
Paymaster. Full name ▇▇▇▇▇ ▇▇▇▇▇▇▇ Corporate email ▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ Telephone +▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Skype
Paymaster. 5.1 The Management and the Union agree that all paychecks for work performed under this agreement will be processed by Entertainment Labor Services, hereinafter referred to as “the Paymaster”.
5.2 The Paymaster will be responsible for deducting and distributing all applicable Federal, State, City and County taxes as well as any Union assessment fees.
5.3 In addition, the Paymaster will carry appropriate level of Workers Compensation for all employees working under this agreement and a Certificate of Insurance for Workers Compensation must be on file with Management and updated in accordance with renewals of insurance premiums.
5.4 The Paymaster will process all payroll and related paperwork for all calls following the receipt of a detailed timesheet of the daily crew calls from the Manager.
5.5 Amounts in Appendix B will be inclusive of all IATSE and ELS charges.
Paymaster. ▇▇▇▇▇▇▇▇▇ & ▇▇ ▇▇▇, Ground floor, Vineyards Square South, The Vineyards Office Estate, 99 Jip ▇▇ ▇▇▇▇▇ Drive, Tygervalley, Bellville, 7530 (Ref. ▇▇ ▇▇▇▇▇▇, Tel. No. ▇▇▇ ▇▇▇ ▇▇▇▇ and e-mail address ▇▇▇▇▇▇▇▇@▇▇▇▇▇.▇▇.▇▇) and as referred to in clause 4 of the covering schedule;