System of Payment Sample Clauses

System of Payment. Par. 1. It is agreed that all Mechanics, Helpers, Apprentices and Assistant Mechanics shall be paid weekly by check, which shall be sent to any address they elect to designate other than the Company's address. Mechanics, Helpers, Apprentices and Assistant Mechanics shall be given the option to be paid by direct deposit or by direct mail. However, there shall be no obligation on the part of any employee or the Company to participate in the direct deposit/direct mail program and no discrimination against either one if either should elect not to participate. Once enrolled, an employee in direct deposit/direct mail program may elect to discontinue enrollment by giving the Company ten (10) working days written notice. Should a change to a time ticket be required, the Company shall notify the Mechanic and/or Helper, Apprentice or Assistant Mechanic in writing of the reason for such change within five (5) working days. 2. Elevator Constructors shall receive at the time of weekly payment, a check stub containing the following information: 1. Employee's name and some form of identification number other than the full social security number. 2. Total hours worked-regular and overtime, accumulative. 3. Total wages-weekly and accumulative. 4. Federal income taxes withheld. 5. FICA taxes withheld. 6. Health Benefit Plan & Pension deductions weekly and accumulative. 7. Any other authorized or legitimate deductions. 8. Vacation pay-weekly and accumulative in amount of money. 9. Annuity contributions-weekly and accumulative in amount of money. 10. 401(k) deductions-weekly and accumulative in amount of money. At the time of weekly payment, at the employee’s request, the Employer shall also provide the employee with a document, in writing, reporting the time the employee submitted to his Employer for that payment regardless of whether the employee submitted his time on paper, electronically, or by any other medium. Should the Company's payroll and/or accounting department experience a short work week due to a holiday or any other reason, the Company shall make any special arrangements necessary to insure employees receiving pay on schedule. 3. The Employer agrees to deduct from an employee’s wages, for each hour of work performed, the sum indicated on a voluntary check-off authorization card signed by that employee, as a voluntary contribution to NECPAC, the Union’s political action fund. The amount shall be remitted by the Employer to the Union’s political action fund no la...
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System of Payment. Par. 1. It is agreed that all Mechanics, Helpers, Apprentices and Assistant Mechanics shall be paid weekly by check, which shall be sent to any address they elect to designate other than the Company’s address. Mechanics, Helpers, Apprentices and Assistant Mechanics shall be given the option to be paid by direct deposit or by direct mail. However, there shall be no obli- gation on the part of any employee or the Company to pa r t icipate in the direct de- posit/direct mail program and no discrimina- tion against either one if either should elect not to participate. Once enrolled, an employee in direct depos it/direct mail program may elect to discontinue enrollment by giving the Company ten (10) working days written no- xxxx. Should a change to a time ticket be re- quired, the Company shall notify the Mechanic and/or Helper, Apprentice or Assistant Me- chanic in writing of the reason for such change within five (5) working days. 2. Elevator Constructors shall receive at the time of weekly payment, a check stub con- taining the following information: 1. Employee’s name and some form of iden- tification number other than the full social se- curity number. 2. Total hours worked-regular and overtime, accumulative. 3. Total wages-weekly and accumulative. 4. Federal income taxes withheld. 5. FICA taxes withheld. 6. Health Benefit Plan & Pension deductions weekly and accumulative. 7. Any other authorized or legitimate deduc- tions. 8. Vacation Pay and PTO-weekly and accu- mulative in amount of money. 9. Annuity contributions-weekly and accu- mulative in amount of money. 10. 401(k) deductions-weekly and accumu- lative in amount of money. At the time of weekly payment, at the em- ployee’s request, the Employer shall also pro- vide the employee with a document, in writ- ing, reporting the time the employee submit- xxx to his Employer for that payment regard- less of whether the employee submitted his time on paper, electronically, or by any other medium. Should the Company’s payroll and/or ac- counting department experience a short work week due to a holiday or any other reason, the Company shall make any special ar range- ments necessary to insure employees receiv- ing pay on schedule.
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System of Payment. Par. 1. It is agreed that all Mechanics and Helpers shall be paid weekly by check, which shall be sent to any address they elect to designate other than the Company’s ad- 2. Elevator Constructors shall receive at the time of weekly payment, a check stub containing the following information: 1. Employee’s name and social security number. 2. Total hours worked-regular and over- time, accumulative. 3. Total wages-weekly and accumulative. 4. Federal income taxes withheld. 5. F.I.C.A. taxes withheld. 6. Health Benefit Plan & Pension deduc- tions- weekly and accumulative. 7. Any other authorized or legitimate de- ductions. 8. Vacation pay-weekly and accumulative in amount of money. Should the Company’s payroll and/or ac- counting department experience a short work week due to a holiday or any other rea- son, the Company shall make any special arrangements necessary to insure employ- ees receiving pay on schedule.
Sample 1
System of Payment. Par. 1. It is agreed that all Mechanics and Helpers shall be paid weekly by check, which shall be sent to any address they elect to designate other than the Employer’s ad- dress. Mechanics and Helpers shall be given the option to be paid by direct deposit or by direct mail. However, there shall be no oblig- ation on the part of any employee or Em- ployer to participate in the direct deposit/di- rect mail program and no discrimination against either one if either should elect not to participate. Once enrolled, an employee in direct deposit/direct mail program may elect to discontinue enrollment by giving his Em- ployer ten (10) working days written notice. 2. Elevator Constructors shall receive at the time of weekly payment, a check stub 1. Employee’s name and social security number. 2. Total hours worked-regular and over- time, accumulative. 3. Total wages-weekly and accumulative. 4. Federal income taxes withheld. 5. F.I.C.A. taxes withheld. 6. Health Benefit Plan & Pension deduc- tions — weekly and accumulative. 7. Any other authorized or legitimate de- ductions. 8. Vacation pay-weekly and accumulative in amount of money. Should an Employer’s payroll and/or ac- counting department experience a short work week due to a holiday or any other rea- son, the Employer shall make any special arrangements necessary to insure employ- ees receiving pay on schedule.
Sample 1
System of Payment. Par. 1. It is agreed that all Mechanics, Helpers and Apprentices shall be paid weekly by check, which shall be sent to any address they elect to designate other than the Company's address. Mechanics, Helpers and Apprentices shall be given the option to be paid by direct deposit or by direct mail. However, there shall be no obligation on the part of any employee or the Company to participate in the direct deposit/direct mail program and no discrimination against either one if either should elect not to participate. Once enrolled, an employee in direct deposit/direct mail program may elect to discontinue enrollment by giving the Company ten (10) working days written notice. Should a change to a time ticket be required, the Company shall notify the mechanic and/or helper or apprentice in writing of the reason for such change within five (5) working days. 2. Elevator Constructors shall receive at the time of weekly payment, a check stub containing the following information: 1. Employee's name and social security number. 2. Total hours worked - regular and overtime, accumulative. 3. Total wages - weekly and accumulative. 4. Federal income taxes withheld. 5. FICA taxes withheld. 6. Health Benefit Plan & Pension deductions weekly and accumulative. 7. Any other authorized or legitimate deductions. 8. Vacation pay - weekly and accumulative in amount of money. At the time of weekly payment, at the employee’s request, the Employer shall also provide the employee with a document, in writing, reporting the time the employee submitted to his Employer for that payment, regardless of whether the employee submitted his time on paper, electronically, or by any other medium. Should the Company's payroll and/or accounting department experience a short work week due to a holiday or any other reason, the Company shall make any special arrangements necessary to insure employees receiving pay on schedule.
Sample 1
System of Payment. Par. 1 It is agreed that all Mechanics, Helpers and Apprentices shall be paid weekly by check, which shall be sent to any address they elect to designate other than the Company's address. Mechanics, Helpers and Apprentices shall be given the option to be paid by direct deposit or by direct mail. However, there shall be no obligation on the part of any employee or the Company to participate in the direct deposit/direct mail program and no discrimination against either one if either should elect not to participate. Once enrolled, an employee in direct deposit/direct mail program may elect to discontinue enrollment by giving the Company ten (10) working days written notice. Should a change to a time ticket be required, the Company shall notify the mechanic and/or helper or apprentice in writing of the reason for such change within five (5) working days. 1. Employee's name and social security number. 2. Total hours worked - regular and overtime, accumulative. 3. Total wages - weekly and accumulative. 4. Federal income taxes withheld. 5. FICA taxes withheld. 6. Health Benefit Plan & Pension deductions weekly and accumulative. 7. Any other authorized or legitimate deductions. 8. Vacation pay - weekly and accumulative in amount of money. 9. Annuity contributions-weekly and accumulative in amount of money 10. 401- (k) deductions-weekly and accumulative in amount of money
Sample 1
System of Payment. 1. The financing is provided to the Beneficiary in the form of advance payments in the case of first payment and interim payments and refunds of the eligible expenditure actually incurred for the Project – in case of the final payment. Payments are made on the basis of the Agreement in accordance with the approved “Schedule of the planned disbursement of funds” by the applicant as part of the application form and based on accepted interim reports and the final report on implementation of the Project. 2. Financing is provided in accordance with the Act on Public Finance of 27 August 2009 (Journal of Laws No. 157, item 1240, as amended). 3. The payments under the EEA Financial Mechanism shall be transferred by the Programme Operator through the National Economy Bank (hereinafter referred to as “NEB”) to the Beneficiary's bank account in PLN number open only for those funds.
Sample 1
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Related to System of Payment

  • Methods of Payment Distributions from the Director's Deferral Accounts shall be paid in cash in a single sum unless the Participant elects, at the time a Payment Date is selected pursuant to paragraph 4.1(a) or 4.1(b), to receive the amount payable in generally equal quarterly installments over a period not to exceed ten (10) years. In addition, at least one year before the Payment Date, a Director may change the method of payment previously selected.

  • RATES OF PAYMENT B3.1 Current Contract Rates. Included Timber that is removed by Purchaser and presented for Scaling in the product form stated in A2 shall be paid for at Current Contract Rates determined under this Section. “Current Contract Rates” shall be (a) Flat Rates and (b) Tentative Rates adjusted by the escalation procedures in B3.

  • Basis of Payment The basis of payment is identified in Attachment E, Fee Schedule. Reimbursement of costs incurred under a work authorization shall be in accordance with Attachment E, Fee Schedule.

  • Timeliness of Payment All undisputed charges shall be due and payable in accordance with each Party’s invoice instructions on or before the later of (x) fifteen (15) days from receipt of the applicable invoice or (y) the last day of the calendar month in which the applicable invoice was received (or in either event the next Business Day if such day is not a Business Day). Each Party shall make payments by electronic funds transfer, or by other mutually agreeable method(s), to the account designated by the other Party. Any undisputed amounts not paid by the due date shall be deemed delinquent and shall accrue interest at the Late Payment Rate, such interest to be calculated from and including the due date to but excluding the date the delinquent amount is paid in full.

  • Terms of Payment 16.1 The Supplier shall request for payment by submitting invoice(s), delivery note(s) and any other relevant documents as specified in the SCC to the Procuring Entity. 16.2 Payments shall be made promptly by the Procuring Entity, but not later than thirty (30) days after submission of an invoice by the Supplier, and after the Procuring Entity has accepted it.

  • Rate of Pay on Promotion 44.3.1 When an employee is appointed by the Council to a higher classification level in the same group, he shall be paid at the nearest rate in the new classification level which gives the employee a salary increase not less than the minimum increment of the higher classification level to which he is being appointed by the Council. If there is no such rate the employee shall be paid the maximum rate in his new scale. 44.3.2 Where an employee who is being paid Acting Pay is promoted to the position for which the employee is receiving Acting Pay, he shall be paid in that position at the rate at which the employee was being paid Acting Pay and the employee's first pay increment in that position shall become due on the date on which it would have become due as if the employee had been promoted to that position on the date on which he was most recently authorized to receive Acting Pay in that position.

  • Delay of Payments Notwithstanding any other provision of this Agreement to the contrary, if Executive is considered a “specified employee” for purposes of Section 409A of the Code (as determined in accordance with the methodology established by the Company and its Affiliates as in effect on the Termination Date), any payment that constitutes nonqualified deferred compensation within the meaning of Section 409A of the Code that is otherwise due to Executive under this Agreement during the six-month period immediately following Executive’s separation from service (as determined in accordance with Section 409A of the Code) on account of Executive’s separation from service shall be accumulated and paid to Executive on the first business day of the seventh month following his separation from service (the “Delayed Payment Date”), to the extent necessary to prevent the imposition of tax penalties on Executive under Section 409A of the Code. If Executive dies during the postponement period, the amounts and entitlements delayed on account of Section 409A of the Code shall be paid to the personal representative of his estate on the first to occur of the Delayed Payment Date or 30 calendar days after the date of Executive’s death.

  • Rate of Payment Community service leave for voluntary community service is granted with pay for the first three days leave in a twelve month period to all employees except casual employees.

  • Treatment of Payments Notwithstanding anything in this Agreement or any other plan, arrangement or agreement to the contrary, in the event that an independent, nationally recognized, accounting firm which shall be designated by the Company with the Executive’s written consent (which consent shall not be unreasonably withheld) (the “Accounting Firm”) shall determine that any payment or benefit received or to be received by the Executive from the Company or any of its affiliates or from any person who effectuates a change in control or effective control of the Company or any of such person’s affiliates (whether pursuant to the terms of this Agreement or any other plan, arrangement or agreement) (all such payments and benefits, the “Total Payments”) would fail to be deductible under Section 280G of the Internal Revenue Code of 1986, as amended (the “Code”), or otherwise would be subject (in whole or part) to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”) then the Accounting Firm shall determine if the payments or benefits to be received by the Executive that are subject to Section 280G of the Code shall be reduced to the extent necessary so that no portion of the Total Payments is subject to the Excise Tax, but such reduction shall occur if and only to the extent that the net amount of such Total Payments, as so reduced (and after subtracting the net amount of federal, state and local income taxes, and employment, Social Security and Medicare taxes on such reduced Total Payments), is greater than or equal to the net amount of such Total Payments without such reduction (but after subtracting the net amount of federal, state and local income taxes and employment, Social Security and Medicare taxes on such Total Payments and the amount of Excise Tax (or any other excise tax) to which the Executive would be subject in respect of such unreduced Total Payments). For purposes of this Section 6(a), the above tax amounts shall be determined by applying the highest marginal rate under Section 1 of the Code and under state and local laws which applied (or is likely to apply) to the Executive’s taxable income for the tax year in which the transaction which causes the application of Section 280G of the Code occurs, or such other rate(s) as the Accounting Firm determines to be likely to apply to the Executive in the relevant tax year(s) in which any of the Total Payments is expected to be made. If the Accounting Firm determines that the Executive would not retain a larger amount on an after-tax basis if the Total Payments were so reduced, then the Executive shall retain all of the Total Payments.

  • Timing of Payment Notwithstanding anything herein to the contrary, if the date on which any payment is to be made pursuant to this Indenture or the Notes is not a Business Day, the payment otherwise payable on such date shall be payable on the next succeeding Business Day with the same force and effect as if made on such scheduled date and (provided such payment is made on such succeeding Business Day) no interest shall accrue on the amount of such payment from and after such scheduled date to the time of such payment on such next succeeding Business Day and the amount of any such payment that is an interest payment will reflect accrual only through the original payment date and not through the next succeeding Business Day.

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