Common use of Xxxxxxxx Pay Clause in Contracts

Xxxxxxxx Pay. 1. A CLP employee who has completed at least 1 year of compensated service with the Company, laid off through no fault or action of the employee’s own, will receive furlough pay based on the length of total actual straight time compensated service with the Company since the employee’s last date of hire. Xxxxxxxx pay will be computed on the basis of the employee’s regular straight time hourly rate at the time of layoff.

Appears in 2 contracts

Samples: iam141.org, iam141.org

AutoNDA by SimpleDocs

Xxxxxxxx Pay. 1. A CLP employee who has completed at least 1 year of compensated service with the Company, laid off through no fault or action of the employee’s employee’shis or her own, will receive furlough pay based on the length of total actual straight time compensated service with the Company since the employee’s last date of hire. Xxxxxxxx pay will be computed on the basis of the employee’s regular straight time hourly rate at the time of layoff.

Appears in 1 contract

Samples: iam141.org

AutoNDA by SimpleDocs

Xxxxxxxx Pay. 1. A CLP employee who has completed at least 1 year of compensated service with the Company, laid off through no fault or action of the employee’s his or her own, will receive furlough pay based on the length of total actual straight time compensated service with the Company since the employee’s last date of hire. Xxxxxxxx Furlough pay will be computed on the basis of the employee’s regular straight time hourly rate at the time of layoff.

Appears in 1 contract

Samples: iam141.org

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