contract gratuity definition

contract gratuity means a gratuity paid under a written contract of employment upon expiry, termination, renewal or extension of such contract, which is paid to an employee who is not during such employment a member of a pension fund other than a pension fund to which he is a voluntary contributor and in respect of which no contributions are payable by his employer out of which a pension will be paid to such employee in respect of such employment:
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contract gratuity means a gratuity, expressed as a percentage of salary earned during the contract period, which is paid upon expiry, termination or renewal of a written contract of employment to an employee;
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contract gratuity means the terminal benefits an employee on contract will receive upon completion of the respective period of service expressed as a percentage of the employee’s annual salary.
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Related to contract gratuity

  • contract worker means a natural person who is —

  • Contract carrier means any person who, under special and individual contracts or agreements, and

  • Host Customer means a customer under a Solar Service Agreement.

  • passengers means the driver and up to the number of passengers allowed as shown in the Vehicle Registration Document travelling in the vehicle;

  • Supplier means the successful bidder who is awarded the contract to maintain and administer the required and specified service(s) to the State.