SUPPLEMENTATION OF COMPENSATION Sample Clauses

SUPPLEMENTATION OF COMPENSATION. All employees shall be covered by the Workers' Compensation Act. No employee shall have his employment terminated as a result of absence from work with a compensable accident. At the employee's option, when an employee is entitled to Workers' Compensation benefits, such benefits are paid directly to the employee who will forthwith turn over such payment to the Board. The Board will pay to the employee his regular earnings and deduct the difference between Workers' Compensation Board payments and regular earnings from the employee's accumulated sick time on a pro-rata basis. Such payment will continue as long as the employee's accumulated sick time permits.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
SUPPLEMENTATION OF COMPENSATION. Any Employee who has been certified by a medical doctor as being unable to perform their regular work with the Employer, on account of an occupational accident that occurs while working with the Employer, and that is recognized by the Workplace Safety and Insurance Board (WSIB) as compensable within the meaning of the Compensation Act, will receive from the Employer the difference between the amount payable by the WSIB and their regular salary, so long as the Employee continues to be employed by the Employer in accordance with all other provisions of this Agreement. The Employer will provide the cost of an insurance plan that provides additional wage loss coverage to the maximum allowable by the insuring company for occupational accidents while working with the Employer. This coverage will be sufficient to make up the difference between the benefit received by the Employee from the WSIB and their regular salary so long as the Employee continues to be employed by the Employer in accordance with all other provisions of this Agreement. In the event that the insurance or WSIB payments are delayed, the Employer will provide full compensation to the Employee and the Employer will accept repayment from the insurance company or the WSIB when such repayment occurs.
Sample 1Sample 2See All (4)
SUPPLEMENTATION OF COMPENSATION. This Article will be at the option of the employee. When an employee is entitled to Workers' Compensation benefits, such benefits are paid directly to the employee who will forthwith turn over such payment to the Board. The Board will pay to the employee his regular earnings and deduct the difference between Workers' Compensation Board payments and regular earnings from the employee's accumulated sick time on a pro-rata basis. Such payment will continue as long as the employee's accumulated sick time permits. The Board will pay the full cost of the employee benefits (both Board share and Employee share) during the period that the employee is receiving Workers' Compensation Board payments, and will recover the Employee's share upon return of the employee to regular duties.
Sample 1Sample 2Sample 3
SUPPLEMENTATION OF COMPENSATION. If a member is killed or totally disabled as a direct result of the performance of firefighting duties including active firefighting, investigations, inspection work, approved firefighter training and other assigned firefighter duties, or as a direct result of the performance of fire maintenance or fire apparatus technician duties, the following shall apply:
Sample 1
SUPPLEMENTATION OF COMPENSATION. 23.01 If a member is killed or totally disabled as a direct result of the performance of firefighting duties including active firefighting, investigations, inspection work, approved firefighter training and other assigned firefighter duties, or as a direct result of the performance of fire maintenance or fire apparatus technician duties, the following shall apply: (1) If a member is killed, the surviving spouse shall be paid the full pay which such member would have been paid under this and subsequent Agreements had the member not been killed, such payment to continue until the date the deceased member would have reached the age of sixty (60) years or in the case of Fire Maintenance Members, or Fire Apparatus Technician Members, the age of sixty-five (65) years, had the member not been killed, or (2) In the event a member is killed, leaving no surviving spouse but leaving a surviving dependent child or surviving dependent children, The City shall pay to each dependent child, up to a maximum of four (4), a sum equal to twenty percent (20%) of the full pay which such member would have been paid under this and subsequent Agreements had the member not been killed, such payment to be payable from the date of death of the member until such time as the child ceases to be a dependent child or until the date that the deceased member would have reached the age of sixty (60) years or in the case of Fire Maintenance Members, or Fire Apparatus Technician Members, the age of sixty-five (65) years, had the member not been killed, whichever date shall first occur, provided:
Sample 1
SUPPLEMENTATION OF COMPENSATION. If an employee is or totally disabled as a direct result of the performance of duties in the preservation of life and property in active! Fire Fighting including ambulance, mechanics, investigations and inspections work, the following shall apply : If an employee is killed, spouse shall be paid the full pay which such employee would have been paid under this and subsequent agreements had not been killed, such payment to continue until time as the spouse remarries, enters into a common-law in excess of two (2) years duration, or until the date that the deceased employee would have been entitled to full and pension retirement had not been killed, whichever date shall first occur, provided:
Sample 1
SUPPLEMENTATION OF COMPENSATION. Any Employee who has been certified by a medical doctor as being unable to perform their regular work with the Employer on account of an occupational accident that occurs while working with the Employer and that is recognized by the Workplace Safety and Insurance Board (WSIB) as compensable within the meaning of the Compensation Act, will receive from the Employer the difference between the amount payable by the WSIB and their regular salary, so long as the Employee continues to be Employed by the Employer in accordance with all other provisions of this Agreement, up to a maximum amount of time of twelve (12) months. The Employer will provide the cost of an insurance plan which provides additional wage loss coverage to the maximum allowable by the insuring company for occupational accidents while working with the Employer or up to twenty-four (24) months whichever is deemed the shorter amount of time. This coverage will be sufficient to make up the difference between the benefit received by the Employee from the WSIB and their regular salary so long as the Employee continue to be Employed by the Employer in accordance with all other provisions of this Agreement. In the event that the insurance or WSIB payments are delayed, the Employer will provide full compensation to the Employee and the Employer will accept repayment from the insurance company or the WSIB when such repayment occurs
Sample 1
AutoNDA by SimpleDocs
SUPPLEMENTATION OF COMPENSATION. Award If an employee is prevented from performing their regular work with the Company on account of an occupational accident that is recognized by the Workers’ Compensation Board as compensable within the meaning of the Compensation Act, the Company will supplement the award made by the Board for loss of wages to the employee by an amount that the award of the Compensation Board for loss of wages, together with the supplementation by the Company, will equal one hundred percent (100%) of the employee’s regular wage. The supplementation will not be payable to any employee entitled to compensation after pension age if the employee is entitled to a pension or after the full age of sixty-five (65) years if the employee is not entitled to a pension. Subject to these limitations, the following applies: (a) Any permanent employee, on completion of the necessary assignment to the Company of their compensation payments for loss of wages, will be carried on the payroll of the Company at one hundred percent (100%) of their regular wages until the Compensation Board certifies that they are able to return to work or until granted a permanent pension by the Board for either partial or total disability, whichever occurs first. (b) The cases of compensation to temporary employees will be referred to the CEO and/or their designate for authority to supplement the Workers’ Compensation Board Award and, if supplementation is approved, it will be made from time to time as the advances of compensation payments are received from the Compensation Board. In no event, however, will the period of supplementation for temporary employees exceed three (3) months without the approval of the CEO and/or their designate. NOTE: The Company and the Union agree philosophically that employees on WCB will not earn more money on worker’s compensation than they would receive if they were at their regular job.
Sample 1

Related to SUPPLEMENTATION OF COMPENSATION

  • Reduction of Compensation If the Firm fails to meet the submission date by less than thirty days for the draft report and/or working papers submitted to the Office of the State Auditor for review and approval or by less than thirty days from the completion date for the final reports and/or corrections to the working papers prescribed herein, the District may, with the consent of the Office of the State Auditor, reduce the agreed compensation by an amount not to exceed ten percent of the total contract price for the applicable fiscal year. If reports and/or corrections to the working papers are overdue by 30 days or more, the District may reduce, with the consent of the Office of the State Auditor, the agreed compensation by an amount not to exceed twenty percent of the total contract price for the Rev. 10/20 applicable fiscal year.

  • Supplemental Compensation Pursuant to Section 7 of the Agreement, Supplemental Compensation is payable as follows.

  • Changes to Compensation Notwithstanding anything contained herein to the contrary, Employee acknowledges that the Company specifically reserves the right to make changes to Employee’s compensation in its sole discretion including, but not limited to, modifying or eliminating a compensation component. The Parties agree that such changes shall be deemed effective immediately and a modification of this Agreement unless, within seven (7) days after receiving notice of such change, Employee exercises his right to terminate this Agreement without cause or for “Good Reason” as provided below in Paragraph No.

  • Form of Compensation Compensation for overtime shall be paid except where, upon request of the Employee, and with the approval of the Employer, or its representative, overtime may be granted in the form of time off in lieu of overtime hours worked.

  • Payment of Compensation Consultant shall submit to City a monthly itemized statement which indicates work completed and hours of Services rendered by Consultant. The statement shall describe the amount of Services and supplies provided since the initial commencement date, or since the start of the subsequent billing periods, as appropriate, through the date of the statement. City shall, within 30 days of receiving such statement, review the statement and pay all approved charges thereon.

  • Termination of 401(k) Plan Unless otherwise directed in writing by Parent at least five business days prior to the consummation of the Offer, and to the extent permitted by Applicable Law, the Company will terminate any and all Employee Plans intended to qualify as a qualified cash or deferred arrangement under Section 401(k) of the Code, effective as of the day immediately preceding the date the Company becomes a member of the same Controlled Group of Corporations (as defined in Section 414(b) of the Code) as Parent (the “401(k) Termination Date”). The Company shall provide Parent evidence that such resolutions to terminate the 401(k) plan(s) of the Company and its Subsidiaries have been adopted by the Company Board or the board of directors of its Subsidiaries, as applicable. The form and substance of such resolutions shall be subject to the reasonable approval of Parent. The Company shall also take such other actions in furtherance of terminating any such 401(k) plans as Parent may reasonably request. Immediately prior to the 401(k) Termination Date, the Company will make (or cause to be made) all necessary payments to fund the contributions (i) necessary or required to maintain the tax-qualified status of any such 401(k) plan and (ii) for elective deferrals made pursuant to any such 401(k) plan for the period prior to its termination. As promptly as practicable after the 401(k) Termination Date and subject to the terms of Parent’s 401(k) plan, Parent shall permit all employees of the Company and its Subsidiaries who were eligible to participate in any such 401(k) plan immediately prior to the 401(k) Termination Date to participate in Parent’s 401(k) plan, and to the extent permitted by the terms of the applicable plan, shall permit each continuing employee of the Company and its Subsidiaries to elect to roll over his or her account balance from any terminated 401(k) plan maintained by the Company or any of its Subsidiaries, to Parent’s 401(k) plan.

  • Compensation of Consultant Town agrees to pay to Consultant for satisfactory completion of all services included in this Agreement a total fee of Fifty Thousand ($50,000.00) for the Project as set forth and described in Exhibit B - Compensation Schedule and incorporated herein as if written word for word. Lump sum fees shall be billed monthly based on the percentage of completion. Hourly not to exceed fees shall be billed monthly based on hours of work that have been completed. Direct Costs for expenses such as mileage, copies, scans, sub- consultants, and similar costs are included in fees and shall be billed as completed. Consultant agrees to submit statements to Town for professional services no more than once per month. These statements will be based upon Consultant's actual services performed and reimbursable expenses incurred, if any, and Town shall endeavor to make prompt payments. Each statement submitted by Consultant to Town shall be reasonably itemized to show the amount of work performed during that period. If Town fails to pay Consultant within sixty (60) calendar days of the receipt of Consultant's invoice, Consultant may, after giving ten (10) days written notice to Town, suspend professional services until paid. Nothing contained in this Agreement shall require Town to pay for any work that is unsatisfactory as reasonably determined by Town or which is not submitted in compliance with the terms of this Agreement. The Scope of Services shall be strictly limited. Town shall not be required to pay any amount in excess of the original proposed amount unless Town shall have approved in writing in advance (prior to the performance of additional work) the payment of additional amounts.

  • COMPENSATION OF ULTIMUS The Trust, on behalf of each Fund, shall pay for the services to be provided by Ultimus under this Agreement in accordance with, and in the manner set forth in, Schedule B attached hereto, as such Schedule may be amended from time to time. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, Ultimus’ compensation for that part of the month in which the Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of Ultimus’ compensation for the preceding month shall be made promptly.

  • Extension of Benefits Upon termination of insurance, whether due to termination of eligibility, or termination of the Contract, an extension of benefits shall be provided for a period of no less than 30 days for completion of a dental procedure that was started before Your coverage ended.

  • Calculation of Benefits Immediately following delivery of any Notice of Termination, the Company shall notify the Executive of the aggregate present value of all termination benefits to which he would be entitled under this Agreement and any other plan, program or arrangement as of the projected Date of Termination, together with the projected maximum payments, determined as of such projected Date of Termination that could be paid without the Executive being subject to the Excise Tax.

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