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PYRAMIDING OF PREMIUM PAY Sample Clauses

PYRAMIDING OF PREMIUM PAY. 33.1. There shall be no duplication or pyramiding of any premium rate set forth in this Agreement.
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PYRAMIDING OF PREMIUM PAY. There shall be no Agreement. duplication or pyramiding of any premium rate set forth in this Effective Effective Effective 1/1/2008 1/1/2009 1/1/2010 Start $13.67 $14.08 $14.50 90 Day $13.80 $14.22 $14.64 1 Year $14.18 $14.61 $15.05 2 Years $14.71 $15.15 $15.60 3 Years $15.26 $15.72 $16.19 4 Years $15.83 $16.31 $16.80 5 Years $16.43 $16.92 $17.43

Related to PYRAMIDING OF PREMIUM PAY

  • Premium Payments If an employee with at least three years of service in the employ of the Shaker Heights Board of Education should exhaust his/her sick leave within the time specifications of this contract and is granted a leave of absence by the Board, the Board shall continue to pay his/her premiums in accordance with his/her work assignment for the following fringe benefits for a period not to exceed twelve (12) months. The payment of such premiums will cease on the effective date an employee retires, resigns, goes on disability retirement or his/her contract is terminated. 1. PPO medical coverage 2. Prescription drug coverage

  • Allocation of Premiums Premiums due and payable under the Bond (as defined in the Agreement) shall be paid 90% by AXA Enterprise Multimanager Funds Trust and the Trust and 10% by the Manager or its affiliates. Except as modified and amended hereby, the Agreement is hereby ratified and confirmed in full force and effect in accordance with its terms.

  • Premium Pay “Premium Pay” is a special pay rate for working during times that are less desirable, such as weekends, holidays or late shifts. The City will not pay the Consultant Premium Pay.

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • Payment of Premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.

  • Overtime and Premium Pay A nurse shall be paid at the rate of one and one- half (1½) times the nurse’s regular hourly rate of pay for all hours worked in any one category listed below, including statutory overtime pay under 9.4.1 or premium pay under 9.4.2 through

  • PREMIUM TAX The Reinsurer will not reimburse the Ceding Company for premium taxes.

  • Shift Premium Full-Time and Part-Time Employees shall be paid a shift premium of one dollar ($1.00) per hour for all hours worked where the majority of their scheduled hours fall between 1500 and 0700 hours.

  • Premium Taxes If premium taxes are incurred, they will be deducted from the contract accumulation, to the extent permitted by law.

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