Computation of Payment Sample Clauses

The Computation of Payment clause defines how the amount owed under a contract is calculated. It typically outlines the basis for payment, such as fixed fees, hourly rates, or milestone achievements, and may specify the inclusion or exclusion of taxes, expenses, or adjustments for changes in scope. By clearly detailing the method and criteria for determining payments, this clause ensures transparency and helps prevent disputes over compensation.
Computation of Payment. ESL shall be charged in quarter hour increments. ESL is charged at a rate equal to the number of work hours absent from the normally assigned shift.
Computation of Payment. Sick leave may be charged in quarter (1/4) hour increments. Sick leave absences are charged, at the rate of one quarter (1/4) hour of sick leave for each quarter (1/4) hour of absence. A. Part day sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. B. Upon separation from employment, any unused sick leave shall be forfeited and will not be paid as separation pay, except in the case of death or retirement under the County’s PERS or LEOFF retirement systems. Upon such death or retirement, twenty-five percent (25%) of all of the employee's accumulated sick leave shall be paid to the employee’s HRA ▇▇▇▇ or his/her estate. Payment of accumulated sick leave is determined by multiplying the employee's base hourly rate times twenty- five percent (25%) of the employee's accumulated sick leave hours. All payments of accumulated sick leave are based on the employee's April 1, 2017 base hourly rate.
Computation of Payment. A. All accumulated PTO leave is paid when an employee leaves employment of Yakima County for any reason, provided the employee has served six (6) consecutive months of employment and adequate notice has been given. Adequate notice for employees resigning from County employment is defined as written notice submitted at least fourteen (14) calendar days prior to termination of employment. In case of death, accumulated leave is paid to the estate of the employee. Payment of the accumulated PTO leave is calculated by multiplying the employee’s base hourly rate, at the time of termination, times the total number of accumulated PTO leave hours.
Computation of Payment. PTO pay will be computed on the employee’s hourly rate of pay at the time it is taken or cashed out pursuant to paragraph 4 above.
Computation of Payment. ESL shall be charged at a rate equal to the time absent from the normally assigned shift.
Computation of Payment. PTO pay will be computed on the nurse's hourly rate of pay at the time it is taken, including shift differential.
Computation of Payment. Sick leave may be charged in quarter (1/4) hour increments. Sick leave absences are charged at the rate of one quarter (1/4) hour of sick leave for each quarter hour (1/4) of absence. A. Part day sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. B. Upon separation from employment, any unused sick leave shall be forfeited and will not be paid as separation pay, except in the case of death or retirement under the County’s PERS, PSERS, or LEOFF retirement systems. Upon retirement, twenty-five percent (25%) of the employee's accumulated sick leave shall be paid to the employee’s HRA VEBA Trust Account. Upon death, twenty-five percent (25%) of the employee’s accumulated sick leave shall be paid to his/her estate. Payment of accumulated sick leave is calculated by multiplying the employee's base hourly rate times twenty-five percent (25%) of the employee's accumulated sick leave hours. All payments of accumulated sick leave are based on the employee's April 1, 2017, base hourly rate.
Computation of Payment. Sick leave absences shall be charged at the rate of one quarter (1/4) hour of sick leave for each quarter hour of absence. 20.3.1 Part day sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. 20.3.2 Upon separation from employment, any unused sick leave shall be forfeited except in the case of death or retirement under the County’s PERS or LEOFF retirement systems. Upon such death or retirement, twenty-five percent (25%) of all the employee’s accumulated sick leave shall be paid to the employee or to his/her estate based on the employee’s April 1, 2017, base hourly rate.
Computation of Payment. Grandfathered ▇▇▇▇ leave shall be charged at a rate equal to the time absent from the normally assigned shift.. A. Part day grandfathered sick leave shall commence at the time the employee leaves the work area and shall end at the time the employee returns to the work area. B. Upon separation from employment, any unused grandfathered sick leave shall be forfeited and will not be paid as separation pay, except in the case of death or retirement under the County’s PERS retirement system. Upon retirement, twenty-five percent (25%) of all the employee’s accumulated grandfathered sick leave shall be paid to the employee’s HRA VEBA Trust Account. Upon death, twenty-five percent (25%) of all of the employee’s accumulated grandfathered sick leave shall be paid to the employee’s estate. Payment of accumulated grandfathered sick leave is calculated by multiplying the employee’s base hourly rate times twenty-five percent (25%) of the employee’s accumulated grandfathered sick leave hours. All payments of accumulated grandfathered sick leave are based on the employee’s April 1, 2017, base hourly rate.
Computation of Payment. Annual leave may be charged in quarter (1/4) hour increments. All accumulated annual leave shall be paid when an employee leaves employment of Yakima County for any reason, except in layoff cases the effected employee may leave the annual leave in his bank for a maximum of six (6) months, provided at least fourteen (14) calendar days written notice has been given. In case of death, all accumulated leave is paid to the estate of the employee. Payment of accumulated annual leave is paid by multiplying the employee's base hourly rate, at the time of termination, times the total number of accumulated annual leave hours.