Section Payment. (a) The employee shall receive a minimum payment of four time hours’ pay including payment for Call Time and time worked, but not the payment provided in Section l(d). Not more than one basis shall be used to cover the same period of work except as provided in Section l(d). The Call Time payment will not be added to or paid in lieu of allowances payable under Articles VI, VIII and ARTICLE X WIRE
Section Payment. (a) An employee will be considered eligible for payments under Section (37) if the employee has worked for the Company for at least pay periods in the vacation eligibility year and: is on the active hourly payroll on June of the vacation eligibility year. If the employee has been promoted to a salaried classification subsequent to June of the vacation eligibility year but prior to the established date for distribution of basic payment in lieu of vacation cheques, the employee may be granted a vacation under the appropriate salaried vacation plan rather than the hourly basic payment in lieu of vacation with pay; or is not on the active hourly payroll on June of the vacation eligibility year because of sickness or injury, layoff, or leave of absence. A salaried employee transferred to an hourly job or laid off from a salaried position and reinstated to an hourly job, who is otherwise eligible, shall receive payments under Section (37) based on the employee's Corporate service and the total number of pay periods worked in the vacation eligibility year, less any payment previously received for a salaried vacation earned in the and/or preceding calendar year. Employees who prior to June of the vacation eligibility year have died or have retired under the Pension Plan or were automatically retired at age sixty-five or their estates, or estates of deceased retired employees shall receive basic payments under Section (37) that the employees were otherwise eligible to receive, computed as set forth in Subsection below; provided, however, that an employee who retires or is retired under the provisions of the Pension Plan and who, but for retirement, would have at least one year's seniority as of June of the vacation eligibility year but who has not worked in at least thirteen (13) pay periods in the vacation eligibility year shall receive for each of the pay periods the employee worked during such year one twenty-sixth of the maximum basic payments to which the employee's seniority as of June of the vacation eligibility year would otherwise have entitled the employee under Section computed as set forth below. The basic payments set forth in Subsection above shall be computed at the employee's straight time hourly rate exclusive of overtime premium but including shift and seven-day operations premium and the amount of cost-of-living allowance in effect on the last day worked. Section Scheduled Paid Absence (SPA) (a) SPA week will be scheduled in six SPA periods as fo...
Section Payment. Absent maturity (whether by acceleration or otherwise), interest and Letter of Credit fees shall be due and payable in arrears on the last day of the calendar month. Consequently, after the payment required pursuant to Section 11.5 hereof, the next regularly scheduled payment of interest and Letter of Credit fees shall relate to the December, 1999 calendar month and shall be due and payable on December 31, 1999.
