Common use of Rate of Payment and Schedule Clause in Contracts

Rate of Payment and Schedule. The following longevity schedule shall apply: After completion of the fifth year and ending with the tenth year of continuous service, an employee shall be paid $2.00 per month for each year of service. EXAMPLE: Total Service Time Total Months Monthly Rate Longevity

Appears in 5 contracts

Samples: Labor Agreement, Memorandum of Understanding, Memorandum of Understanding

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