Common use of Settlement Allowance Clause in Contracts

Settlement Allowance. Settlement allowance shall be based on ten thousand one hundred dollars ($10,100) per year. This allowance shall be divided by 2080 for employees whose normal hours of work are eight (8) per day; and by 1950 for employees whose normal hours of work are seven and one-half (7½) per day. This allowance shall be paid on an hourly basis for all regular hours worked. It shall be paid bi-weekly.

Settlement Allowance. 47.01 A settlement allowance of nine thousand and forty six dollars ($9,046) shall be paid to all full-time, part-time and casual employees. Settlement allowance shall be based on ten thousand one hundred dollars ($10,100) per yearpaid as an hourly rate, up to the maximum of the normal weekly hours of work. This allowance The hourly rate shall be divided calculated by 2080 for employees whose normal hours of work are eight (8) per day; and dividing the annual rate by 1950 for employees whose normal hours of work are seven and one-half (7½) per day1956. This Settlement allowance shall be paid on an hourly basis for all regular hours worked. It shall be paid bi-weeklyeach employee's pay cheque.

Settlement Allowance. Settlement allowance shall be based on ten nine thousand one two hundred dollars ($10,1009200) per year. This allowance shall be divided by 2080 for employees whose normal hours of work are eight (8) per day; and by 1950 for employees whose normal hours of work are seven and one-half (7½) per day. This allowance shall be paid on an hourly basis for all regular hours worked. It shall be paid bi-weekly.Effective April settlement allowance shall be based on nine thousand five hundred dollars ($9500) per year.