Xxxxx Rounding Differences Sample Clauses

Xxxxx Rounding Differences. The Employer and the Union recognize that the statewide payroll system (HRMS) rounds payroll calculations to five decimal places. Therefore, manual calculations using rates listed in the CBA may result in xxxxx rounding differences. The parties accept that these differences, which shall be defined as differences of no more than one dollar ($1.00) per pay period, do not require further payroll adjustments that would cause the employee to pay back xxxxx rounding differences or for Management to add xxxxx rounding differences to an employee’s pay.
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Xxxxx Rounding Differences. The Employer and the Union recognize that the statewide payroll system (HRMS) rounds payroll calculations to five decimal places. Therefore, manual calculation using rates listed in the CBA may result in xxxxx rounding differences. The parties accept that these difference, which shall be defined as differences of no more than one dollar ($1.00) per pay period, do not require further payroll adjustments that would cause the employee to pay back xxxxx rounding differences or for Management to add xxxxx rounding differences to an employee’s pay. A Schedule A Anacortes Bremerton Mukilteo Xxxxxxx Xxxxxxx Kingston Xxxxxxxxxx Xxxxxx Xxxxxxxxxx Pt. Defiance Tahlequah Pier 52 Bainbridge Pt. Xxxxxxxx Coupeville WSF 2901 Bldg. Mukilteo Time 1.4 1.7 0.3 0.5 1 0.9 1.2 1.6 1.4 1.7 0.6 1.5 1.4 0.9 0.7 Miles 66 47 0 19 19 35 35 35 66 66 27 41 26 26 26 Clinton Time 1.6 2.1 0.3 0.9 1.4 1.2 1.6 1.9 1.7 2 0.9 1.8 1.1 0.6 1 Miles 66 47 0 19 19 35 35 35 66 66 27 41 26 26 26 Xxxxxxx Time 1.6 1.2 0.5 0.9 0.5 0.7 1.1 1.4 1.2 1.5 0.5 1 1.4 1.4 0.5 Miles 76 28 19 19 0 26 26 26 57 57 18 22 35 45 17 Kingston Time 2 0.7 1 1.4 0.5 1.6 1.1 0.9 1.2 1.5 1.1 0.5 0.9 1.4 1 Miles 76 28 19 19 0 40 40 40 56 56 22 22 35 35 17 Xxxxxxxxxx Time 1.9 1.2 0.9 1.2 0.7 1.6 0.3 0.7 1 1.3 0.3 0.9 2.1 1.8 0.3 Miles 93 17 35 35 26 40 0 0 44 44 8 8 62 61 10 Vashon Time 2.3 0.7 1.2 1.6 1.1 1.1 0.3 0.2 0.7 0.4 0.6 1.2 1.6 2.1 0.7 Miles 93 17 35 35 26 40 0 0 14 14 8 43 62 61 10 Pt. Defiance Time 2.5 0.8 1.4 1.7 1.2 1.2 1 0.7 0.7 0.3 0.9 1.2 1.7 2.3 0.9 Miles 124 32 66 66 57 56 44 14 31 0 41 58 77 92 42 Tahlequah Time 2.8 1 1.7 2 1.5 1.5 1.3 0.4 0.6 0.3 1 1.6 2 2.5 1.1 Miles 124 32 66 66 57 56 44 14 14 0 22 57 76 75 24 Bainbridge Time 2.3 0.7 1.5 1.8 1 0.5 0.9 1.2 1 1.2 1.6 0.6 1.1 1.6 0.7 Miles 84 31 41 41 22 22 8 43 43 58 57 0 46 46 2 Coupeville Time 1.1 1.7 0.9 0.6 1.4 1.4 1.8 2.1 2.5 2.3 2.5 1.5 1.6 0.5 1.6 Miles 43 50 26 26 45 35 61 61 61 92 75 53 46 0 52 Schedule D (To be used only with prior management approval) D Schedule D Anacortes Bremerton Mukilteo Xxxxxxx Xxxxxxx Kingston Xxxxxxxxxx Xxxxxx Xxxxxxxxxx Pt. Defiance Tahlequah Pier 52 Bainbridge Pt. Xxxxxxxx Coupeville WSF 2901 Bldg. Mukilteo Time A 1.9 2.4 A 2.3 A 2 1.8 A A A 2.3 2.8 1.9 2.4 Miles A 91 113 A 114 A 89 89 A A A 117 137 89 118 Clinton Time A 3.9 2.4 2.5 4.3 2.9 4.2 3.9 3.4 A 2.6 4.3 4.8 A 4.4 Miles A 195 113 122 218 138 193 193 170 A 130 221 240 A 222 Kingston Time 3.3 A 2.3 4.3 2.1 2.1 A A A A 1.8 A A 3.9 0.5 Miles 171 A 114 218 105 96 A...
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Xxxxx Rounding Differences. The parties recognize that the State Payroll System rounds payroll calculations to four decimal places. Therefore, calculations using rates in the Collective Bargaining Agreement may result in xxxxx rounding differences. The parties accept that these differences do not require further payroll adjustments that would cause the employee to pay back xxxxx rounding differences or for the Employer to add xxxxx rounding differences to an Article 25.01( A)(1)(a) (Annual Leave) – Accrual of annual leave for full-time employees is according to the following schedule: Article 25.01 (A)(1)
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Xxxxx Rounding Differences. ‌ Labor and management recognize that the statewide payroll system (HRMS) rounds payroll calculations to five (5) decimal places. Therefore, manual calculations using rates in the Collective Bargaining Agreement may result in xxxxx rounding differences. The parties accept these differences do not require further payroll adjustments that would cause the employee to pay back xxxxx rounding differences or for management to add xxxxx rounding differences to an employee’s pay. RULE 7 - TRAVEL PAY AND MILEAGE‌ 7.1 Calculation of Travel Pay‌ Whenever travel pay is required or authorized under any of the terms or provisions of this Agreement, such payment shall be made at the straight-time rate of pay for each classification of deck officer receiving such pay, and for the appropriate travel time indicated in Schedules A and D, attached. 7.2 Calculation of Mileage‌ When any deck officer furnishes the deck officer’s own transportation under such circumstance as would entitle the deck officer to travel pay under any of the terms and provisions of this Agreement, the deck officer shall be reimbursed, at the rate allowed by the OFM, for the use of private automobiles for the appropriate number of miles as indicated in Schedules A and D, attached. 7.3 Alternate Route Travel (ART)‌ A. The parties agree that employees are entitled to be paid for ART in situations where the contract requires compensation for travel, and ferry service at a particular terminal is shut down for the night or otherwise unavailable, and the employee, of necessity, must drive to another terminal for ferry service, or must drive around rather than taking a ferry, the employee should be compensated for such travel accordingly. Similarly, if an employee is required to take two (2) ferries to reach a particular terminal because direct service is unavailable, then it is appropriate to compensate the employee for the travel time. B. The parties agree to use Schedule D, dated August 30, 2013, to compute travel time and mileage when direct ferry service is not available and an employee of necessity must use ART. The parties agree that Subsection 7.3 (C), as follows, delineates when direct service is unavailable.
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Xxxxx Rounding Differences. The Union and the Employer recognize that the statewide payroll system (HRMS) rounds payroll calculations to five (5) decimal places. Therefore, manual calculations using rates in the Collective Bargaining Agreement may result in xxxxx rounding differences. The parties accept these differences and do not require further payroll adjustments that would cause the employee to pay back xxxxx rounding differences or for the Employer to add xxxxx rounding differences to an employee’s pay. A. MEMORANDUM OF UNDERSTANDING BETWEEN THE STATE OF WASHINGTON OFFICE OF FINANCIAL MANAGEMENT, STATE HUMAN RESOURCES, LABOR RELATIONS SECTION PACIFIC NORTHWEST REGIONAL COUNCIL OF CARPENTERS The State of Washington Human Resources, Office of Financial Management/Labor Relations Section (Employer) and The Pacific Northwest Regional Council of Carpenters, (PNWRCC) enter into the following Memorandum of Understanding (MOU) regarding the serious budget shortfall facing Washington State Department of Transportation/Washington State Ferries. The Employer will use the process set out below to furlough bargaining unit members from July 1, 2021 through June 30, 2023.
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Xxxxx Rounding Differences. Labor and management recognize that the statewide payroll system (HRMS) rounds payroll calculations to five (5) decimal places. Therefore, manual calculations using rates in the Collective Bargaining Agreement may result in xxxxx rounding differences. The parties accept that these differences do not require further payroll adjustments that would cause the employee to pay back xxxxx rounding differences or for management to add xxxxx rounding differences to an employee’s pay.‌ 17.03 The use of the following power tools entitles the user to two dollars ($2.00) per straight- time hour increments: spray painting equipment, jitterbugs, deck grinders and the Xxxx deck blasting and pneumatic, gas or electric power tools. The increment for overtime hours will be four dollars ($4.00) per hour. Payment under this provision shall not be made for hours in which another task rate such as one for handling toxic by-products is being paid.
Sample 1
Xxxxx Rounding Differences. The Employer and the Union recognize that the statewide payroll system (HRMS) rounds payroll calculations to five decimal places. Therefore, manual calculation using rates listed in the CBA may result in xxxxx rounding differences. The parties accept that these difference, which shall be defined as differences of no more than one dollar ($1.00) per pay period, do not require further payroll adjustments that would cause the employee to pay back xxxxx rounding differences or for Management to add xxxxx rounding differences to an employee’s pay. If the Employer agrees to a greater general percentage increase to the base rate of pay for another Washington State Ferries bargaining unit, then that percentage increase to the base rate of pay will also become a part of the Tentative Agreement for this bargaining unit. This MOU does not apply to targeted increases to specific job classes (for example to correct inversion as a result of previous interest arbitration awards), or to base wage increases that occur as a result of interest arbitration awards. This MOU applies solely to the base rate of pay and will not affect any other economic terms of either a Tentative Agreement or of a Collective Bargaining Agreement. All tentative agreements affected by this MOU will continue to be subject to the applicable provisions of RCW 47.64, including those of financial feasibility determination and funding. This MOU will expire on June 30, 2023. Dated: July 30, 2020 For the State: For the Union: /s/ /s/ Xxxxxxx Xxxxxx, Labor Negotiator OFM/SHR/Labor Relations Xxxxxx Xxxx, President FASPAA FASPAA 20212023-20232025 M-1 The State of Washington and COVID-19 continues as an ongoing and present threat in Washington State. The measures we have taken together as Washingtonians over the past 18 months, have made a difference and have altered the course of the pandemic in fundamental ways. COVID-19 vaccines are effective in reducing infection and serious disease, and widespread vaccination is the primary means we have as a state to protect everyone. Widespread vaccination is also the primary means we have as a state to protect our health care system, to avoid the return of stringent public health measures, and to put the pandemic behind us. It is the duty of every employer to protect the health and safety of employees by establishing and maintaining a healthy and safe work environment and by requiring all employees to comply with health and safety measures. As a result of the above no...
Sample 1
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Xxxxx Rounding Differences. The Union and the Employer recognize that the statewide payroll system (HRMS) rounds payroll calculations to five (5) decimal places. Therefore, manual calculations using rates in the collective bargaining agreement may result in xxxxx rounding differences. The parties accept these differences and do not require further payroll adjustments that would cause the employee to pay back xxxxx rounding differences or for the Employer to add xxxxx rounding differences to an employee’s pay. MEMORANDUM OF UNDERSTANDING BETWEEN THE STATE OF WASHINGTON OFFICE OF FINANCIAL MANAGEMENT, STATE HUMAN RESOURCES, LABOR RELATIONS SECTION AND WASHINGTON STATE DEPARTMENT OF TRANSPORTATION, FERRIES DIVISION AND PACIFIC NORTHWEST COUNCIL OF CARPENTERS The Washington State Department of Transportation, Ferries Division (WSF), The State of Washington Human Resources, Office of Financial Management/Labor Relations Section (Employer) and The Pacific Northwest Council of Carpenters (PNWRCC) enter into the following Memorandum of Understanding (MOU) regarding paid sick leave usage consistent with WAC 000-000-000. The parties agree to amend Article 17 of the Collective Bargaining Agreement (CBA) as follows:
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Xxxxx Rounding Differences. The Union and the Employer recognize that the statewide payroll system (HRMS) rounds payroll calculations to five (5) decimal places. Therefore, manual calculations using rates in the collective bargaining agreement may result in xxxxx rounding differences. The parties accept these differences and do not require further payroll adjustments that would cause the employee to pay back xxxxx rounding differences or for the Employer to add xxxxx rounding differences to an employee’s pay. MEMORANDUM OF UNDERSTANDING BETWEEN‌ The Washington State Department of Transportation, Ferries Division (WSF/DOT), and the State of Washington, Office of Financial Management, State Human Resources, Labor Relations Section (Employer) and the Puget Sound Metal Trades Council (PSMTC) enter into the following Memorandum of Understanding (MOU) regarding paid sick leave usage consistent with WAC 000-000-000. The parties agree to amend Article 17 (1) of the Collective Bargaining Agreement (CBA) as follows:
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Related to Xxxxx Rounding Differences

  • Rounding of Calculations; Minimum Adjustments All calculations under this Section 13 shall be made to the nearest one-tenth (1/10th) of a cent or to the nearest one- hundredth (1/100th) of a share, as the case may be. Any provision of this Section 13 to the contrary notwithstanding, no adjustment in the Exercise Price or the number of Shares into which this Warrant is exercisable shall be made if the amount of such adjustment would be less than $0.01 or one-tenth (1/10th) of a share of Common Stock, but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate $0.01 or 1/10th of a share of Common Stock, or more.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution. (b) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall also be subject to adjustment pursuant to Section 6.9.

  • Bilingual Differential When formally assigned in the employee’s position description, an employee assigned to interpret to or from another language to English will receive a differential of five percent (5%) of base pay.

  • True-Up Adjustments From time to time, until the Retirement of the Recovery Bonds, the Servicer shall identify the need for True-Up Adjustments and shall take all reasonable action to obtain and implement such True-Up Adjustments, all in accordance with the following:

  • Shift Differential A. Shift differential will be $.60 cents per hour. B. Employees eligible for shift differential are those whose work shift begins before 6:00 a.m. or ends on or after 7:00 p.m. and are scheduled by their supervisor for a total shift of at least six (6) hours in duration. This shift differential shall not apply to those employees who have requested and have been granted flexible work scheduling.

  • Night Shift Differential Unit 12 employees who regularly work shifts shall receive a night shift differential as set forth below: A. Employees shall qualify for the first night shift pay differential of forty (40) cents per hour where four (4) or more hours of the regularly scheduled work shift falls between 6 p.m. and 12 midnight. B. Employees shall qualify for the second night shift pay differential of fifty (50) cents per hour where four (4) or more hours of the regularly scheduled work shift fall between 12 midnight and 6 a.m. C. A "regularly scheduled work shift" are those regularly assigned work hours established by the department director or designee.

  • Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate (a) All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to LIBOR) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid; provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one (1) day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error. (b) If, as a result of any restatement of or other adjustment to the financial statements of the Parent or for any other reason, then the Parent, the Borrower, the Administrative Agent, or the Lenders determine that (i) the Consolidated Leverage Ratio as calculated by the Parent and the Borrower as of any applicable date was inaccurate and (ii) a proper calculation of the Consolidated Leverage Ratio would have resulted in higher pricing for such period, then the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable Lenders, within three (3) Business Days after demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to any Loan Party under the Bankruptcy Code of the United States, automatically and without further action by the Administrative Agent or any Lender), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for such period. This paragraph shall not limit the rights of the Administrative Agent or any Lender, under Section 2.08(b) or under Article IX.

  • Target Fair Market Value The Company agrees that the Target Business that it acquires must have a fair market value equal to at least 80% of the balance in the Trust Account (excluding any taxes) at the time of signing the definitive agreement for the Business Combination with such Target Business. The fair market value of such business must be determined by the Board of Directors of the Company based upon standards generally accepted by the financial community, such as actual and potential sales, earnings, cash flow and book value. If the Board of Directors of the Company is not able to independently determine that the target business meets such fair market value requirement, the Company will obtain an opinion from an unaffiliated, independent investment banking firm, or another independent entity that commonly renders valuation opinions. The Company is not required to obtain such an opinion as to the fair market value if the Company’s Board of Directors independently determines that the Target Business does have sufficient fair market value.

  • Pricing Adjustments a. In the event an adjustment is made to the computation of the net asset value of Fund shares as reported to Insurance Company under paragraph 7, (1) the correction will be handled in a manner consistent with SEC guidelines and the Investment Company Act of 1940, as amended and (2) the Funds or Transfer Agent shall notify Insurance Company as soon as practicable after discovering the need for any such adjustment. Notification may be made in the following manner:

  • Are There Penalties for Early Distribution from a Xxxx XXX As indicated above, earnings on your contributions, as well as amounts contributed to a Xxxx XXX as a rollover from a Traditional IRA, that are distributed before certain events are subject to various taxes. Please see IRS Publication 590 for further information about Xxxx XXX rules and restrictions.

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