Common use of Timesheets Clause in Contracts

Timesheets. 5.1.4.1 If applicable, each Employee shall submit to Prudential hardcopy timesheets with all required information properly completed, including, but not limited the number of hours worked. Each timesheet shall include: the signature of the Prudential and Vendor Project managers; a clear indication of the time period covered by the timesheet; the number of hours of approved overtime for the period (if any); and the initials of the Prudential officer authorizing such overtime. 5.1.4.2 Alternatively, in the event that Prudential requests that Vendor and its Employees use a time management or time tracking system (whether made available on-line or in hard copy) for the submission of time to Prudential in connection with an Engagement Schedule, Vendor agrees to use, and agrees to require its Employees to use, such system to submit to Prudential all time worked by such Employees. Prudential may provide additional terms and conditions regarding the use of the time management or time tracking system from time to time and Vendor agrees to comply with such terms. Vendor further agrees that the time submitted by an Employee on the Prudential time tracking system, once approved by the authorized Prudential approver, shall be dispositive of the time charged for that Employee for the applicable period and such time shall not be altered or disputed by Vendor after its submission to Prudential through the time tracking system absent Prudential's written approval. Prudential has the right to dispute incorrect charges or time submitted by Employees at any time and Vendor will promptly correct any such incorrect charges or time submissions. If Prudential requires Vendor to use a time tracking or time management system for the electronic submission of timesheets pursuant to this Section 5.1.4.2, and the electronic timesheet is approved by Prudential, Section 5.1.4.1 does not apply and handwritten approval and submission of hardcopy timesheets will not be provided by Prudential or required of Vendor.

Appears in 9 contracts

Samples: Master Services Agreement (Pruco Life of New Jersey Variable Appreciable Account), Master Services Agreement (Pruco Life of New Jersey Variable Appreciable Account), Master Services Agreement (Pruco Life of New Jersey Variable Appreciable Account)

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