SALARY PAYMENT METHOD Sample Clauses

SALARY PAYMENT METHOD. Section 1. Bargaining Unit Members shall be paid in twenty-six (26) equal bi-weekly installments, each representing 1/26th of the Bargaining Unit Member’s annual salary rounded to the nearest $.01 per check. It is recognized that, in some school years, there are twenty-seven (27) bi-weekly periods. In those years, salary payments may be paid in twenty-seven (27) equal bi-weekly installments, each representing 1/27th of the Bargaining Unit Member's annual salary, or by appropriately adjusting pay periods, as agreed to by the parties. Section 2. Payment in lump sum of remaining annual salary to individual Bargaining Unit Members may be made on the final pay in June in cases of emergency. Requests for lump sum payment shall be submitted in writing on or before the last pay in May. Section 3. Bargaining Unit Members will be required to receive salary payments by direct deposit.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
SALARY PAYMENT METHOD. All employees shall be paid in twelve (12) monthly installments. Each check shall contain one- twelfth (1/12) of the contracted salary. The contract period will be from September 1 to August 31 of the succeeding year. Pay will be received on the last weekday (exclusive of a holiday) of every month.
Sample 1Sample 2
SALARY PAYMENT METHOD. Paydays shall be on or before the fifth day following the first month of employment and on or before the fifth day of each succeeding calendar month until the total contracted salary has been paid.
Sample 1Sample 2
SALARY PAYMENT METHOD. A. All employees shall be paid in twelve (12) monthly installments. Each check shall contain one-twelfth of the contracted salary. B. Payroll checks shall be issued to the employee on the last business day of every month. C. Enrollment in the Direct Deposit Program is Mandatory. D. All hours worked in a month by an employee will be paid by the appropriate pay period following completion of the work and the timely receipt of district record information unless the Employer and the employee have arrived at a mutual agreement that pay will commence upon completion of a project.
Sample 1Sample 2
SALARY PAYMENT METHOD. 1. All employees under contract for twelve (12) months shall be paid in twelve (12) equal monthly installments. Payroll checks shall be issued to the employees on the last day of each month. For those employees hired after the start of the school year, their pay will be divided into equal monthly payments equal to the number of full months between the date of hire and the following August. 2. All compensation owed to an employee who is leaving the District shall, upon request, be paid at the end of the first pay period after the final day of work if District revenue permits.
Sample 1
SALARY PAYMENT METHOD. All employees shall be paid in twelve (12) monthly installments. Each payment shall contain one-twelfth (1/12) of the contracted salary. Payment shall be made to Employees on the last business day of each month. 2515 2516 2517 2518 2519 2520 2521 2522 2523 2524 2525 2526 2527 2528 2529 2530 2531 2532 2533 2534 2535 2536 2537 2538 2539 2540 2541 2542 2543 2544 2545 2546 2547 2548 2549 2550 2551 2552 2553 2554 2555 2556 2557 2558 2559 2560
Sample 1
SALARY PAYMENT METHOD. 43.1 All employees will be paid in twelve (12) monthly installments. Each check will contain one- twelfth (1/12th) of the contracted salaries. 43.2 Those certificated employees who have supplemental contracts will be paid in equal monthly installments commencing with the October paycheck or as soon as possible after a written supplemental contract is signed by the District and the employee. 43.3 In the event underpayment of salary is made, correction will be made on the next salary payment. When an overpayment is made, the correction will be made in the next monthly payment. Cumulative errors will be corrected at the rate accumulated or as agreed to between the District and the affected employee provided repayment is completed prior to the end of the employee's contract year.
Sample 1
AutoNDA by SimpleDocs

Related to SALARY PAYMENT METHOD

  • Salary Payment In consideration of Executive’s timely execution and non-revocation of the Release by the Release Deadline Date, the Company shall pay Executive a severance payment equal to Executive’s Monthly Base Salary multiplied by the number of months in the Covered Termination Severance Period, less applicable withholdings. The severance payment shall be payable (except as set forth in Article 5) in a lump sum on the first regularly-scheduled payroll date occurring on or after the Release Deadline Date.

  • Payment Method Payment shall be made by the Contractor to the Subcontractor as follows: (choose one) ☐ - Immediately upon completion of the Services to the satisfaction of the Contractor. ☐ - Within ____ business days after completion of the Services to the satisfaction of the Contractor. ☐ - Shall be paid on a ☐ weekly ☐ monthly ☐ quarterly ☐ other ______________________ basis. If the Subcontractor completes the Services to the satisfaction of the Contractor, before the full amount or balance has been fully paid, any remaining amount shall be payable immediately. ☐ - Other: ________________________________________________________

  • Salary Payments Salaries shall be paid fortnightly by direct credit to the employee’s nominated bank account except that individual employees may on religious or ethical grounds apply in writing to the Secretary for Education to be paid by cheque.

  • Payment Methodology The Contractor shall be compensated based on the Service Rates in Attachment for units of service authorized by the Institution in a total amount not to exceed the Contract Maximum Liability established in Section C. 1. The Contractor’s compensation shall be contingent upon the satisfactory completion of units of service or project milestones identified in Attachment B. The Contractor shall submit invoices, in form and substance acceptable to the Institution with all of the necessary supporting documentation, prior to any payment. Such invoices shall be submitted for completed units of service or project milestones for the amount stipulated.

  • Payment Methods A. Except as otherwise provided by this Contract, the payment method will be one or more of the following:

  • Civil Penalty Payment Method Xxxxxx shall pay the civil penalty by check, credit card, wire transfer, or portal, payable to CARB, using instructions provided separately by CARB in a Payment Transmittal Form. Xxxxxx is responsible for all payment processing fees. Payments shall be accompanied by the Payment Transmittal Form to ensure proper application. CARB shall deposit the civil penalty amount into the Air Pollution Control Fund for the purpose of carrying out CARB’s duties and functions to ensure the integrity of its air pollution control programs. Should payment instructions change, CARB will provide notice to Xxxxxx in accordance with Paragraph 12 (Notices).

  • Settlement Method For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method for such Option.

  • Settlement Method Election Date The third Scheduled Trading Day immediately preceding the First Expiration Date.

  • Payment Methods and Amounts There are limits on the amount of money you can send or receive through our Service. Your limits may be adjusted from time-to-time in our sole discretion. For certain Services, you may have the ability to log in to the Site to view your individual transaction limits. We or our Service Provider also reserve the right to select the method in which to remit funds on your behalf though the Service, and in the event that your Eligible Transaction Account is closed or otherwise unavailable to us the method to return funds to you. These payment methods may include, but may not be limited to, an electronic debit, a paper check drawn on the account of our Service Provider, or draft check drawn against your account.

  • Lump Sum Severance Payment Payment of a lump sum amount equal to twelve (12) months of Executive’s then-current Base Salary plus the Pro Rated Bonus, less all customary and required taxes and employment-related deductions, paid on the first payroll date following the date on which the Release required by Paragraph 4(g) becomes effective and non-revocable, but not after seventy (70) days following the effective date of termination from employment.

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