Common use of Project Payment Clause in Contracts

Project Payment. (1) Subject to the conditions set out in this Clause, an Employee may qualify for the payment of a Project Payment (“PP”) of up to $100.00 per week. (2) To qualify for the PP an Employee must be ready, willing and available to work as directed for those hours that they are normally required to work by the Company, including regular reasonable rostered overtime. (3) PP accrues weekly during any week an Employee is: (a) carrying out their normal work; or (b) on paid leave; or (c) on authorised, unpaid leave; or (d) on workers’ compensation, to a maximum of 2 weeks. (4) PP does not accrue during any period of: (a) unauthorised leave; or (b) other unauthorised absence. (5) An Employee forfeits any PP that may accrue in any week in which the Employee engages in any form of industrial action. (6) PP is payable only when an Employee ceases employment on the Project at the direction of the Company. PP is not paid if an Employee resigns, or the Employee’s employment is terminated for misconduct.