Schedule Premium Clause Samples
The Schedule Premium clause defines the payment terms and amounts for insurance premiums as outlined in a policy's schedule. It specifies when and how much the insured must pay, often breaking down the total premium into installments or identifying due dates for lump-sum payments. This clause ensures both parties are clear on the financial obligations, helping to prevent disputes over payment timing and amounts, and thereby supporting the smooth administration of the insurance contract.
Schedule Premium a. A two dollar ($2.00) schedule premium shall be paid for all regular hours actually worked on any schedule after 18:00.and prior to 06:00 for work days other than Saturday or Sunday (not including call-out, overtime or schedule premium of any type).
b. A two dollar and fifty cents ($2.50) schedule premium shall be paid for all regular hours actually worked on any schedule after 00:00 on Saturday and prior 24:00 on Saturday and/or after 00:00 on Sunday and prior to 24:00 on Sunday (not including call-out, overtime or schedule premium of any type).
Schedule Premium. (a) A two dollar ($2.00) schedule premium shall be paid for all regular hours actually worked on any schedule after 18:00.and prior 06:00 for work days other than Saturday or Sunday (not including overtime or schedule premium of any type).
(b) A two dollar and fifty cents ($2.50) schedule premium shall be paid for all regular hours actually worked on any schedule after 00:00 on Saturday and prior 24:00 on Saturday and/or after 00:00 on Sunday and prior 24:00 on Sunday (not including overtime or schedule premium of any type).
(c) Any employee that worked fifty percent or more of their shift on scheduled premium shall be paid 100% for their premium for their entire shift.
Schedule Premium. For employees working 12-hour continuous shifts, a schedule shift premium will be paid at $0.75 per hour for all employees.
Schedule Premium. A premium equal to 4.7% of step 10 on the salary schedules may be provided to employees as additional compensation under the following circumstances:
a. Employees who are leading and/or coordinating agency work at the request of their supervisor. Positions identified as Schedule Premium eligible will be posted and filled using the internal posting procedures in Article 5.3.
b. Employees identified as working in a difficult to fill position where market analysis merits additional pay. This determination will be made by the Human Resources Department. In the event there are multiple employees currently working in the classification deemed eligible for this additional compensation, the existing employees will also receive the additional compensation.
Schedule Premium. When an employee's regular work schedule over its normal cycle provides for other than consecutive days (up to and including five [5] days), Monday through Friday, except as he may be scheduled for or work additional time on what would normally be a sixth or seventh day, the employee shall be entitled to a schedule premium of thirty (30) cents per hour for each hour in the work week except as provided for in the following Paragraph 1.
1. If the schedule cycle of such employee includes work weeks of Monday through Friday in each of half or more of the work weeks of the schedule cycle, the schedule premium shall not be payable for the Monday through Friday work weeks but shall be payable for the other work weeks of the schedule cycle.
2. The schedule premium referred to in this Section 16 shall be considered an "add-on" and shall not be deemed part of the employee's standard hourly rate. Such premium shall be paid only for hours worked and shall not be included in the base for calculation of any premium pay, benefit, or other pay additive except overtime and incomplete day's work in accordance with Article XVII. This provision supersedes any other contract provision relating to the calculation of premium pay, benefit, or pay additive except overtime and incomplete day's work.
Schedule Premium. A schedule premium of 30 cents per hour will be paid to all employees who are assigned to work regular schedules on days other than Monday through Friday. This scheduled premium will not be paid for hours worked on Saturday and/or Sunday as additional days in the employees' regular work week.
Schedule Premium a. A two dollars and fifty cents ($2.50) schedule premium shall be paid for all regular hours actually worked on any schedule after 18:00 and prior to 06:00 for work days other than Saturday and Sunday.
b. A two dollars and fifty cents ($2.50) schedule premium shall be paid for all regular hours actually worked on any schedule after 00:00 Saturday and prior to 24:00 on Saturday and/or after 00:00 on Sunday and prior to 24:00 on Sunday.
c. This provision shall not apply to call-out, overtime, or premium pay of any type.
d. Shift premium will be paid for an entire shift if 60% or more of the shift is covered by shift premium. However, shift premium will not be paid for hours not actually worked or when paid leaves (as outlined in Article 8 Section 2) are utilized.