Common use of TIME CLEARANCE Clause in Contracts

TIME CLEARANCE. All time credits shall be cleared on the pay cheque for each pay period; alternatively, at the request of the employee, the credits may be recorded in a time bank as provided for in Article 8.04 In the event of a payroll error in an amount greater than a Gross of seventy five ($75.00), the outstanding monies owed will be paid to the employee on the first full business day following the day on which the Company was notified, if so requested by the employee. It is understood that this clause applies to errors caused by the Company and not those attributable to the employee.

TIME CLEARANCE. All time credits shall be cleared on the pay cheque for each pay period; alternatively, at the request of the employee, the credits may be recorded in a time bank as provided for in Article 8.04 In the event of a payroll error in an amount greater than a Gross of seventy five fifty dollars ($75.0050.00), the outstanding monies owed will be paid to the employee on the first full business day following the day on which the Company was notified, if so requested by the employee. It is understood that this clause applies to errors caused by the Company and not those attributable to the employee.