Common use of Reserve Premium(s) Application Clause in Contracts

Reserve Premium(s) Application. Unless specifically outlined elsewhere in the CBA, if a Reserve is due premium pay, s/he will be compensated as follows: a. One and one-half times (1.5x) the trip rate: Straight Time credited towards the guarantee and one-half times (0.5x) the trip rate paid above guarantee. b. Two times (2.0x) the trip rate: Straight Time credited towards the guarantee and one times (1.0x) the trip rate paid above guarantee. c. Two and one-half times (2.5x) the trip rate: Straight Time credited towards the guarantee and one and one-half times (1.5x) the trip rate paid above guarantee. d. Three times (3.0x) the trip rate: Straight Time credited towards the guarantee and two times (2.0x) the trip rate paid above guarantee.

Appears in 4 contracts

Samples: Joint Collective Bargaining Agreement, Joint Collective Bargaining Agreement, Joint Collective Bargaining Agreement

AutoNDA by SimpleDocs

Reserve Premium(s) Application. Unless specifically outlined elsewhere in the CBA, if a Reserve is due premium pay, s/he will be compensated as follows: a. One and one-one half (1.5) times (1.5x) the trip rate: Straight Time credited towards the guarantee and one-half times (0.5x) the trip rate paid above guarantee. b. Two times (2.0x) the trip rate: Straight Time credited towards the guarantee and one times half (1.0x.5) the trip rate paid above guarantee. b. Two (2) times the trip rate: Straight Time credited towards the guarantee and Straight Time paid above guarantee. c. Two and one-one half (2.5) times (2.5x) the trip rate: Straight Time credited towards the guarantee and one and one-one half (1.5) times (1.5x) the trip rate paid above guarantee. d. Three (3) times (3.0x) the trip rate: Straight Time credited towards the guarantee and two (2) times (2.0x) the trip rate paid above guarantee.

Appears in 1 contract

Samples: Tentative Agreement

AutoNDA by SimpleDocs

Reserve Premium(s) Application. Unless specifically outlined elsewhere in the CBA, if a Reserve is due premium pay, s/he will be compensated as follows: a. One and one-half times (1.5x) the trip rate: Straight Time credited towards the guarantee and one-half times (0.5x) the trip rate paid above guarantee. b. Two times (2.0x) the trip rate: Straight Time credited towards the guarantee and one Straight Timeone times (1.0x) the trip rate paid above guarantee. c. Two and one-half times (2.5x) the trip rate: Straight Time credited towards the guarantee and one and one-half times (1.5x) the trip rate paid above guarantee. d. Three times (3.0x) the trip rate: Straight Time credited towards the guarantee and two times (2.0x) the trip rate paid above guarantee.

Appears in 1 contract

Samples: Flight Attendant Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!