Common use of Salaries and wages of all employees throughout the Company covered by this Agreement Clause in Contracts

Salaries and wages of all employees throughout the Company covered by this Agreement. shall be paid once every two weeks on the third Thursday following completion of the pay period. This payment will be by direct deposit to one account designated by the employee in a Canadian financial institution with a Canadian Payment Association (CPA) serviceability code of 1 or 2. (CPA serviceability code definitions in effect June 5, 1991 or subsequent code numbers providing equivalent accessibility). The Company is responsible for the cost of depositing these funds to the employee's account.