Savings and Payment Sample Clauses

Savings and Payment. 29.2.1 2021 – Employees received 80 hours of PT on January 1, 2021. As a one-time only offer, on December 31, 2021, employees will be provided 20 hours of PT that will be added to their PT Hold Bucket on January 1, 2022. The PT Hold Bucket has three options: • Cash out the PT hours • Move the PT hours to their Sick Bank • Move up to 40 hours to the 2022 PT bucket for use during 2022 The employee can split their PT Hold hours in any combination of the three options with the only restriction being a max of 40 hours can be moved to their PT Bucket for use in 2022. Hours paid and hours moved will be part of the payroll processing of the first full pay period in January. 2022 and beyond – Employees will accrue PT at a rate of 3.077 per pay period (based on twenty-six (26) pay periods per year), which is available for use during the year. At the end of the year, the employee has the option with the remaining hours to receive cash payout or place the hours in sickness accrual (sick bank). Payment and/or banking of additional personal time will also be made within the first full pay period of January each year. Beginning in 2021, employees will have the option of rolling up to 40 hours of PT to the following year. The PT allotment in this contract becomes effective on the first Monday of the first full pay period. The accrued PT hours begin with the first pay period of each year. Available PT hours can be used in one tenth of an 1 hour increments.
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Savings and Payment. 29.2.1 Employees will receive 80 hours paid personal time that can be used in a minimum of one (1) hour increments for an absence reason without effect to the attendance control policy.
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Related to Savings and Payment

  • Billings and Payments Billings and payments shall be sent to the addresses set out in Appendix F.

  • Rates and Payments Room and board fees are approved by the Board of Trustees during the spring semester for the following academic year; however, the University reserves the right to make adjustments as deemed necessary and appropriate in the sole discretion of the Vice President for Student Affairs or designee, at any time during the term of this agreement in accordance with Section 11.

  • COSTS AND PAYMENT The payment by AT&T of Project Management Drivers is full compensation for Contractor providing Program Management Services to AT&T.

  • Costs and Payments During the period that Sprint PCS is curing a breach or operating the Service Area Network under this Section 11.6.3, Sprint PCS and Manager will continue to make any and all payments due to the other party and to third parties under this agreement, the Services Agreement and any other agreements to which such party is bound, except that Sprint PCS may deduct from its payments to Manager all reasonable costs and expenses incurred by Sprint PCS in connection with the exercise of its right under this Section 11.6.3. Sprint PCS' operation of the Service Area Network pursuant to this Section 11.6.3 is not a substitution for Manager's performance of its obligations under this agreement and does not relieve Manager of its other obligations under this agreement.

  • Rates and Payment You agree to pay the residence fees which are outlined in Appendix IV and Residence Meal Plan fees (if applicable) which are outlined in Appendix IV. You may either pay the entire amount due or pay the residence fees and Residence Meal Plan fees in instalments, in the amounts and on the dates outlined in Appendix IV. If you choose to, or are required to, change your accommodation you will be required to pay the fees stipulated for the new accommodation, including the Residence Meal Plan, if applicable. • Failure to pay the first instalment of residence fees by or on the date it is due will lead to forfeiture of your accommodation assignment. Charges for residence fees and residence meal plan fees will continue until you complete the contract termination and check-out process in section 1.14. See Section 4.0 of this Contract for Residence Meal Plan information. Please note that the following terms apply to all fees and payments required by Student Housing and Hospitality Services (i.e. residence fees, Residence Meal Plan, activities/programs, assessments, et cetera): • Post-dated cheques will not be accepted. • A $35 service charge will be levied on all cheques returned by your financial institution for any reason. • You will pay all fees that may be imposed by the University from time to time in respect of failed electronic financial transactions, including, without limitation, electronic funds transfers and Interac transactions where, after initial processing, the transaction is cancelled or voided due to insufficient funds. • Late payments may not be accepted. If a late payment is accepted, it will be subject to a late payment fees as follows: » first late payment - $25 » second late payment - $35 » third late payment - $50 » fourth and any subsequent late payments - $75

  • Compensation and Payment 3.1 Contractor’s fees shall be calculated at the rates set forth in the attached Exhibit

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  • Invoices and Payments 5.5.1 The Contractor shall invoice the County only for providing the tasks, deliverables, goods, services, and other work specified in Exhibit A - Statement of Work and elsewhere hereunder. The Contractor shall prepare invoices, which shall include the charges owed to the Contractor by the County under the terms of this Contract. The Contractor’s payments shall be as provided in Exhibit B - Pricing Schedule, and the Contractor shall be paid only for the tasks, deliverables, goods, services, and other work approved in writing by the County. If the County does not approve work in writing no payment shall be due to the Contractor for that work.

  • Invoices and Payment 16.1 Transnet shall pay the Supplier/Service Provider the amounts stipulated in each Purchase Order/Work Order, subject to the terms and conditions of this Agreement.

  • COMPENSATION AND PAYMENTS 1.1 The Owner shall pay the Contractor to furnish all labor, equipment, materials and incidentals necessary for the construction of the Work described in the Specifications and shown on the Drawings the Contract Amount as shown below. Base Bid $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Total Contract Amount $0.00

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