Holiday Bonus definition

Holiday Bonus means a work attendance bonus payable by the establishment for its employees, which is determined by the level of work attendance of the individual employee;
Holiday Bonus. Full-timers shall receive one hundred dollars ($100) and part-timers shall receive fifty dollars ($50) paid on the last pay day before Christmas each year. 2019 bonus to be paid within ten (10) days of today’s date. LETTER OF UNDERSTANDING #1 Between: JM Hospitality Inc. and HDBB Investment Inc. Operating as HAMPTON INN AND SUITES by HILTON TORONTO MARKHAM Markham, Ontario - AND - UNITED FOOD AND COMMERCIAL WORKERS CANADA Local 1006A RE: Labour Management Meetings The intent of the Labour Management Meeting is to provide a vehicle for discussion, dialogue, problem solving and harmonious labour relations between the parties in a scheduled and constructive manner, recognizing that full discussion of workplace issue and earliest agreements are in the best interests of both parties. The issue for discussion shall not be those subject to Grievance Procedure and Arbitration.

Examples of Holiday Bonus in a sentence

  • Holiday Bonus moneys shall be paid to employees whose contracts of employment have been terminated during the contribution year, within two months after such termination.

  • Should the services of any employee be terminated during the month, a statement as prescribed together with the amount due in respect of Holiday Bonus Fund moneys for the period employed between October of the current year and September the following year shall be submitted to the Council.

  • All working employers shall observe the provisions of this Agreement in respect of hours of work, payment of Leave Pay moneys and payment of Holiday Bonus moneys at the prescribed foremen’s rate of pay, payment of Provident Fund contributions, additional Provident Fund contributions, payment of Council levies and payment of wages for public holidays.

  • All payments from the Holiday Bonus Fund shall be by cheque drawn on the Fund’s account and such cheques shall be signed by three persons duly authorised by the Council.

Related to Holiday Bonus

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Bonus means the bonus described in the Section 2.3.

  • Leave Salary means the monthly amount paid by the University to an employee who is on leave.

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive’s Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive’s target annual incentive bonus for the year in which the Date of Termination occurs.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Annual Salary means the salary given under this Part.

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Target Bonus has the meaning described in Section 4(b).

  • Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of: