Specific increases and bonuses Sample Clauses

Specific increases and bonuses. 1. The increases and bonuses under Sections 17 and 19 of the collective labour agreement shall be paid only for hourly work and waiting time referred to in Sec- tion 7 of this appendix. Night work bonus shall only be paid for hourly work and waiting time. 2. In distribution work, the Sunday work bonus in accordance with Section 19, Sub- section 1 of the collective labour agreement, as well as the holiday-eve work bo- nus in accordance with Section 19, Subsection 5 for a shift shall correspond to performance pay calculated on the basis of paragraphs 1 and 2 of Section 3 of this salary appendix, and the bonus for First of May and Independence Day in accordance with Section 19, Subsection 2 shall correspond to doubled perfor- xxxxx pay. Induction bonus referred to Section 25, Subsection 19 of the collec- tive labour agreement shall correspond to performance pay for the induction pe- riod multiplied by 1.07. 3. In distribution work, the evening work bonus referred to in Section 17, Subsection 1 of the collective labour agreement shall be calculated on the hourly salary. The urgent work compensation referred to in Section 20, Subsection 3 of the collective labour agreement shall correspond to the hourly salary. Time spent for a health examination referred to in Section 30, Subsection 4 of the collective labour agree- ment shall be compensated for through hourly salary. 4. If the employee serves as a distribution supervisor in addition to his/her distribu- tion work, he/she shall be paid an early-morning distribution supervisor’s bonus for each hour as performance pay (multiplied by 1.25) calculated in accordance with Section 3, paragraphs 1 and 2 of this Salary Appendix. In this case the su- pervision work belongs to the distribution work entity scheduled for the shift. If the supervision work does not belong to the scheduled distribution work entity but separate working time is allocated for it, the share for distribution work shall be paid in accordance with this appendix, and the share for the supervision work shall be paid in accordance with the supervisor’s hourly salary set forth in salary appendix C to this collective labour agreement. 5. If the employee uses a manually produced distribution list in his/her work and there is a need to completely rewrite the distribution list on the employer’s order, rewriting shall be compensated by a distribution list maintenance bonus corre- sponding to the performance pay calculated in accordance with Subsections 1 an...
AutoNDA by SimpleDocs
Specific increases and bonuses. 1. The increases and bonuses under sections 17 and 19 of the collective labour agreement shall be paid only for hourly work and waiting time referred to in section 7 of this appendix. A night-work bonus shall be paid only for work subject to hourly pay and waiting time. 2. In distribution work, the Sunday-work bonus in accordance with section 19, subsection 1 of the collective labour agreement, along with the holiday-eve work bonus in accordance with section 19, subsection 5, for a shift shall correspond to performance pay calculated on the basis of paragraphs 1 and 2 of section 3 of this Salary Appendix document, and the bonus for 1 May and Independence Day under section 19, subsection 2 shall correspond to doubled performance pay. The induction bonus referred to in section 25, subsection 19 of the collective labour agreement shall correspond to performance pay for the introduction period multiplied by 1.07. 3. In distribution work, the evening-work bonus referred to in section 17, subsection 1 of the collective labour agreement shall be calculated on the basis of the hourly salary. The alarm compensation referred to in section 20, subsection 3 of the collective labour agreement shall correspond to the hourly salary. Time spent for a health examination referred to in section 30, subsection 4 of the collective labour agreement shall be compensated for through hourly salary. 4. If the employee serves as a distribution supervisor in addition to performing his or her distribution work, he or she shall be paid an early-morning distribution supervisor’s bonus in the form of the performance pay calculated on the basis of paragraphs 1 and 2 of section 3 of this Salary Appendix multiplied by 1.

Related to Specific increases and bonuses

  • Incentive Bonuses After the Company attains profitability, the Employee shall be eligible to be considered for an annual incentive bonus. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Board or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. Except as expressly provided in this Agreement, the Employee shall not be entitled to an incentive bonus if he is not employed by the Company on the date when such bonus is payable.

  • Recovery of Bonus and Incentive Compensation Any bonus and incentive compensation paid to you during a CPP Covered Period is subject to recovery or “clawback” by the Company if the payments were based on materially inaccurate financial statements or any other materially inaccurate performance metric criteria.

  • Specific Benefits Without limiting the generality of Section 3.3, the Executive shall be entitled to paid vacation of not less than the greater of (a) 20 business days per year or (b) the number of paid business vacation days provided to other senior executives of the Company (to be taken at reasonable times in accordance with the Company’s policies). Any accrued vacation not taken during any year may be carried forward to subsequent years; provided, that the Executive may not carry forward more than ten business days of unused vacation in any one year.

  • Online Payments Payments made online are made with an free consent after agreeing to the terms and conditions, All payments received online will be by default processed on agreeing with terms and condition, any disputes made afterwards will be null and void. All disputes will be in the jurisdictions of Hyderabad. This agreement is made on this the day, month and year first above mentioned and the parties to this deed have put their signatures at their free will and consent and after going through all the terms and conditions before the following: Amount Paid: 69620 Due Payment: 0.00 Due Date: NA Signature of Client / Applicant Signature of Consultant

  • Cash Bonuses The Chief Executive Officer shall determine the Executive’s right to receive cash bonuses. Cash bonuses shall be awarded annually based upon the Executive’s and the Company’s annual performance pursuant to the Company’s policy. 5.

  • Annual Bonus Compensation Executive shall be eligible to receive a bonus each Contract Year (“Annual Bonus”) as the Compensation Committee of the Board of Directors shall determine. Executive’s Annual Bonus shall be determined in accordance with the Company’s executive compensation policies as in effect from time to time during the Term and shall be based, in part, on his achieving his individual performance goals for the year and, in part, on the Company’s achieving its performance goals for the year.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Cash Incentive Bonus The pro rata share of any Cash Incentive Bonus that would have been paid to the Executive had the Executive not been terminated Without Cause based on the extent to which performance standards are met on the last day of the year in which the Executive is terminated Without Cause.

  • Annual Bonuses For each fiscal year during the term of employment, the Executive shall be eligible to receive a bonus in the amount, if any, as may be determined from time to time by the Board in its discretion.

  • Cash and Incentive Compensation (a) All payments referenced in this Agreement are subject to applicable tax withholdings and authorized or required deductions.

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