Time Off in Lieu of Payment of Overtime Sample Clauses

Time Off in Lieu of Payment of Overtime. 17.8.1 Notwithstanding the provisions of subclause 17.1 an employee may elect, with the consent of the Company, to take time off in lieu of payment for overtime at a time or times agreed with the Company.
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Time Off in Lieu of Payment of Overtime. Employees who work overtime may opt to bank, at the equivalent premium time rate, hours worked up to a maximum of the equivalent of one week, plus a day or 6 working days in one year, i.e., 48 hours for Category 1, 2 and 3 Workers, and 43.5 for Category 4 Workers.
Time Off in Lieu of Payment of Overtime. (a) An employee may elect, with the consent of the employer, to take time off in lieu of payment for overtime at a time or times agreed with the employer within twelve (12) months of the said election.
Time Off in Lieu of Payment of Overtime. Employees who work overtime may opt to bank, at the equivalent premium time rate, hours worked up to a maximum of the equivalent of one week, plus a day or 6 working days in one year, i.e., 48 hours for Category 1, 2 and 3 Workers, and 43.5 for Category 4 Workers. Effective April 1, 2022, employees who work overtime may opt to bank, at the equivalent premium time rate, hours worked up to a maximum of the equivalent of one week, plus two days or 7 working days in one year, i.e., 56 hours for Category 1, 2 and 3 Workers, and 50.75 for Category 4 Workers.
Time Off in Lieu of Payment of Overtime. 14.11.1 Time off in lieu of payment for overtime is where overtime worked is not paid but used as time off at a later date during the normal ordinary hours or work;

Related to Time Off in Lieu of Payment of Overtime

  • Time Off in Lieu of Overtime Employees who work overtime will not be required to take time off in regular hours to make up for overtime worked. Time off in lieu may be taken on a mutually agreed upon basis between the employee and the Hospital, such time off will be the equivalent of the premium rate the employee has earned for working overtime. The Hospital shall revert to payment of premium rate if time off is not taken within ninety (90) calendar days of the work week in which the overtime was earned or, with the employee’s agreement, within 12 months of that work week.

  • Termination of Payments Notwithstanding section 2.2, no payments shall be due to Purchaser xXxx Purchaser has received an aggregate amount under this Note, including payments made by the Company pursuant to section 2.3, equal to (i) the Principal Amount (as defined in the Investor Information Sheet above), multiplied by (ii) the Maximum Payment Multiple. We refer to the result of this multiplication as the “Maximum Payment Amount.”

  • Payment of Salaries Short-term relievers

  • Netting of Payments Subparagraph (ii) of Section 2(c) of this Agreement will apply to Transactions entered into under this Agreement unless otherwise specified in a Confirmation.

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