Common use of Turnaround Premium Clause in Contracts

Turnaround Premium. If a Technician works during the turnaround period, the Technician shall be paid a premium during all turnaround infringement time equivalent to double-time (2X) the current/prevailing hourly rate in addition to their regular rate of pay, but in no event in excess of three times (3X) the Technician’s regular straight- time (1X) hourly rate. Such rate shall be paid for the period of time from the start of the next call through the end of the infringed turnaround and calculated in tenth (1/10th) of an hour increments. The Producer may make a Seventy Dollar ($70.00) per day payment (“buy-out”) on the next regular paycheque to the Generator Operator in lieu of paying turnaround infringement premiums. If the Producer chooses this option, the buy-out shall be paid to the Generator Operator as an allowance on all “shoot days” and shall not apply to overtime or meal premiums.

Appears in 4 contracts

Samples: Collective Agreement, Collective Agreement, Collective Agreement

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