Compensation of Employees Sample Clauses
The Compensation of Employees clause defines how and when employees will be paid for their work under the agreement. It typically outlines the salary or wage structure, payment intervals (such as weekly or monthly), and may specify additional forms of compensation like bonuses or benefits. By clearly stating the terms of employee remuneration, this clause ensures both parties understand their financial obligations and helps prevent disputes over pay.
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Compensation of Employees. Compensate its employees for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.
Compensation of Employees. Compensate the employees of the Borrower for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.
Compensation of Employees. Provider shall be responsible for payment of compensation to its employees and shall be responsible for payment of all federal, state and local taxes or contributions imposed or required under unemployment insurance, social security and income tax laws with respect to such persons.
Compensation of Employees. Set forth in Schedule 4.23 is an accurate and complete list showing the names of all persons whose compensation from Sellers collectively for the fiscal year ended on the Balance Sheet Date exceeded an annualized rate of $20,000, together with a statement of the full amount paid or payable to each such person for services rendered during the current fiscal year to date.
Compensation of Employees. 44 Section 3.24 Conduct of Business................................ 45 Section 3.25
Compensation of Employees. 29 Section 3.23 No Changes Since the Balance Sheet Date ...................... 30 Section 3.24
Compensation of Employees. IR shall be responsible for payment of compensation to its employees and shall be responsible for payment of all federal, state and local taxes or contributions imposed or required under unemployment insurance, social security and income tax laws with respect to such persons.
Compensation of Employees. Compensate the Grantor's employees for services rendered at an hourly rate at least equal to the minimum hourly rate prescribed by any applicable federal or state law or regulation.
Compensation of Employees. The Company has previously provided the Purchaser with an accurate and complete list for fiscal year 1997 showing the names of all persons employed by the Company who received more than $50,000 in 1997 cash compensation (including, without limitation, salary, commission and bonus) and who are expected to be employed by the Company on the Closing Date. Such list sets forth the present salary or hourly wage, total in 1997 and expected 1998 cash compensation (including, without limitation, salary, commission and bonus) and fringe benefits, of each such person.
Compensation of Employees. The Management Company employees provided as part of the Operational Services to the Partnership during the Applicable Period will remain employees of the Management Company. They will continue to be compensated under the various employee compensation and benefit plans of the Management Company. In addition, they may be eligible to receive benefits and awards under compensation plans established by the Partnership Group. At all times during the Applicable Period, Parent will ensure that the Management Company employees are covered by worker’s compensation insurance, with policy limits equal to or greater than the limits that are specified in the Throughput Agreement and the Terminalling and Storage Agreement.