Eligibility for Compensation Clause Samples

The 'Eligibility for Compensation' clause defines the conditions under which a party is entitled to receive compensation under the agreement. Typically, this clause outlines specific criteria such as the occurrence of certain events, fulfillment of obligations, or demonstration of losses or damages. For example, it may require that a party submit a claim within a set timeframe or provide supporting documentation. Its core function is to establish clear guidelines for when compensation is warranted, thereby reducing disputes and ensuring that only qualified claims are honored.
Eligibility for Compensation. All eligible employees, in order to be entitled to a legal holiday as provided, shall be in full pay status on their scheduled work day immediately preceding and immediately following such holiday. If the employee is in a partial leave without pay status, either the scheduled work day before or after the holiday, the holiday benefit will be prorated accordingly.
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Eligibility for Compensation. 6.3.1 All full time salaried employees are eligible to be compensated financially at the overtime rate(s) or to bank hours in lieu of equal time off at time and one half (1.5) or double time (dependent on how the hours were earned) for all hours worked, as outlined in Article 6.4. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. 6.3.2 The appropriate department will maintain an official ledger for overtime whether hours are banked or paid.
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Eligibility for Compensation. Only U.S. Citizens, residents, or business organizations with valid IRS taxpayer ID (or social security numbers) are eligible for to receive Compensation.
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Eligibility for Compensation. All full time salaried employees are eligible to be compensated financially at the overtime outlined in Article or to bank hours in lieu of equal time off at time and one half for all hours worked, as authorized by Management. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. The number of hours banked are not to exceed hours (or or depending on the employee's work week) per year. For the purpose of calculating the maximum number of lieu time hours placed in the bank, overtime hours (hours worked multiplied by will be converted prior to being placed in the lieu time bank. Banked hours can be carried from year to year upon approval by management. Employees may elect to convert lieu time hours for payment each year. The decision to receive payment for lieu time hours must be made by September 1st and will be paid out after September 30th. Payments made to the employee by the Corporation will be paid at the wage rate in effect at the time the overtime was worked. The appropriate department will maintain an official ledger for overtime whether hours are banked or paid. Payment of overtime hours shall be as follows except for those hours outlined in Article and at the appropriate rates. One and one-half times for all eligible hours worked commencing at the end of an employee's shift up until midnight and for all hours worked on Saturday. Two times for all eligible hours worked Monday through Saturday from midnight to the time the employee commences the normal shift and for all hours on a Sunday or on a Statutory Holiday. If an employee is required to work on a Statutory Holiday, he shall be entitled to applicable overtime compensation and an additional day off with pay at a time as may be mutually agreed to, regardless of the amount of hours worked during the day. A meal allowance of ten dollars ($10.00) shall be paid to employees who are required to work three (3) consecutive overtime hours and for each additional three (3) consecutive overtime hours that they were not advised of the necessity of the overtime prior to the completion of the previous shift. Employees who are required to be on standby, that is, immediately available by telephone and able to work shall be paid the rate of (twenty- seven dollars) per day: except on Saturdays, Sundays and Statutory Holidays which will be paid at (thirty-two dollars) per day. Employees, while on standby, who conduct Town business via the telephone or computer, shall receive ...
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Eligibility for Compensation. A vessel owner is not eligible for compensa- tion under this section with respect to fishing vessel or fishing gear damage, loss, or destruc- tion and resulting economic loss unless such owner— (1) makes application to the Secretary for compensation under this section within 90 days after the day on which the damage, loss, or destruction occurred or was first noticed by the owner; (2) pays upon making such application a rea- sonable administrative fee which the Sec- retary shall deposit into the fund; (3) has, in such form as the Secretary shall prescribe by regulation, a current inventory or other evidence of possession of the fishery ves- sel or fishing gear concerned; (4) has complied with all applicable regula- tions, if any, relating to the marking of, and (if appropriate) the notification of the location of, the fishing gear concerned; and (5) is in compliance with such other regula- tions as may be prescribed by the Secretary to carry out this section.
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Eligibility for Compensation. 1) Must be an individuals, legal entities or organizations that are affected in construction area of the project, compensation policies according to this issued agreement will be applied. 2) The person who will receive the compensation policies need to registered assets and with verification signature from the local authorities, district and provincial committee. 3) Every asset that are damaged due to the development of 600 MW Monsoon Wind Farm Project including the 500 kV High Voltage Transmission Line Project will be compensate to be better. 4) In case of the road construction inflicts impact on the land or assets of the people within the construction area, the project developer must compensate with cash to the asset owner. If located outside the project area, there shall be an appropriate compensation and hand over to the local administration to mobilize so that the people acknowledge, understand, and can participate in any one of the developments, because the road is one of the national infrastructures that will benefits the public for use and can provide conveniency in travelling. 5) The project owner or developer will pay compensation in monetary value to the people will pay according to the records of the compensation calculation of the district, provincial committee and will pay after the completion of documenting and was approved according to the procedure.
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Eligibility for Compensation. All full time salaried employees are eligible to be compensated financially at the overtime outlined in Article or to bank hours in lieu of equal time off at straight time, as authorized'by Management. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. Banked hours will not be subsequently converted to paid hours but will be taken at time off in lieu. The number of hours banked are not to exceed hours per year. Hours included in the employees' bank at the end of the calendar year, (carried over) must be taken as lieu time by June 30th of the next year. The appropriate department will maintain an official ledger for overtime whether hours are banked or paid. Payment of overtime hours shall be as follows except for those hours outlined in Article and at the appropriate rates. One and one-half times for all eligible hours worked commencing at the end of an employee's shift up until midnight and for all hours worked on Saturday and Sunday from the time the employee normally commences the normal working shift, Monday to Friday, up until midnight. Two times for all eligible hours worked Monday through Sunday from midnight to the time the employee commences the normal shift and for all hours on a Statutory Holiday.
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Eligibility for Compensation. 6.3.1 All full time salaried employees are eligible to be compensated financially at the overtime rate(s) or to bank hours in lieu of equal time off at time and one half or double time (dependent on how the hours were earned) for all hours worked, as outlined in Article 6.4. Employees must elect to bank hours or receive overtime pay at the time the hours are earned. The number of hours banked are not to exceed 35 hours (or 37.5 or 40 depending on the employee’s work week) at any point in time. For the purpose of calculating the maximum number of lieu time hours placed in the bank, overtime hours (hours worked multiplied by 1.5 or 2 as defined in Article 6.4) will be converted prior to being placed in the lieu time bank. Any hours in excess of 35, 37.5 or 40 hours will be paid out at the employees’ next pay. Banked hours can be carried from year to year upon approval by management. Employees may request payment of banked lieu time hours at any time throughout the calendar year. Payments made to the employee by the Corporation will be paid at the wage rate in effect at the time the overtime was worked. All hours in an employees’ lieu time bank must be taken or paid out, if the employee transfers to a new division of the Town unless approval from the new division is granted. 6.3.2 The appropriate department will maintain an official ledger for overtime whether hours are banked or paid.
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Eligibility for Compensation 
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Related to Eligibility for Compensation

  • Eligibility for Benefits 1. Sick Leave Bank benefits are available only when the member personally has a severe medical hardship (catastrophic illness or serious accident). 2. Benefits can be received only after all accumulated sick leave and vacation days have been exhausted. 3. Any member receiving Worker's Compensation or disability benefits shall not be eligible to receive benefits from the Sick Leave Bank. 4. A member who is on leave of absence, suspended, or terminated from the ▇▇▇▇▇▇▇ County Board of Education shall not be eligible for Sick Leave Bank benefits. 5. The form, entitled "Request For Sick Leave Benefits" and physician's statement are required before the SLB Review Committee will consider a request for benefits. The physician's statement shall include a history of the illness, date the illness began, a diagnosis and prognosis, and any other related information. 6. Approval by the Sick Leave Bank Review Committee is required prior to the receiving of benefits. 7. Normal pregnancies, childbirth, childcare, or child adoption shall not be considered as eligible reasons for Sick Leave Bank benefits. 8. A four (4)-member Sick Leave Bank Review Committee, consisting of two (2) members appointed by the President of the Association and two (2) appointed by the Superintendent, shall have the responsibility of receiving requests, verifying the validity of requests and approval or denial of requests. Any approval of a request must have the support of at least three (3) members of the committee Sick Leave Bank Review Committee. The Sick Leave Bank Review Committee shall develop its rules of procedure and shall give wide distribution to said rules upon approval of the President of the Association and the Superintendent.

  • Eligibility for Employer Contribution This section describes eligibility for an Employer Contribution toward the cost of coverage.

  • Your Compensation (a) Your concession, if any, on your sales of Portfolio shares will be as provided in the Prospectus or in the applicable schedule of concessions issued by us and in effect at the time of our sale to you. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of concessions, or issue a new schedule. (b) If a Portfolio has adopted a plan pursuant to Rule 12b-1 under the Investment Company Act of 1940 (a "Plan"), we may make distribution payments or service payments to you under the Plan. If a Portfolio does not have a currently effective Plan, we or Fidelity Management & Research Company may make distribution payments or service payments to you from our own funds. Any distribution payments or service payments will be made in the amount and manner set forth in the Prospectus or in the applicable schedule of distribution payments or service payments issued by us and then in effect. Upon written notice to you, we or any Portfolio may change or discontinue any schedule of distribution payments or service payments, or issue a new schedule. A schedule of distribution payments or service payments will be in effect with respect to a Portfolio that has a Plan only so long as that Portfolio's Plan remains in effect. (c) Concessions, distribution payments, and service payments apply only with respect to (i) shares of the "Fidelity Funds" (as designated on Schedule A attached to this Agreement) purchased or maintained for the account of Bank Clients, and (ii) shares of the "Fidelity Advisor Funds" (as designated on Schedule B attached to this Agreement). Anything to the contrary notwithstanding, neither we nor any Portfolio will provide to you, nor may you retain, concessions on your sales of shares of, or distribution payments or service payments with respect to assets of, the Fidelity Funds attributable to you or any of your clients, other than Bank Clients. When you place an order in shares of the Fidelity Funds with us, you will identify the Bank on behalf of whose Clients you are placing the order; and you will identify as a non-Bank Client Order, any order in shares of the Fidelity Funds placed for the account of a non-Bank Client. (d) After the effective date of any change in or discontinuance of any schedule of concessions, distribution payments, or service payments, or the termination of a Plan, any concessions, distribution payments, or service payments will be allowable or payable to you only in accordance with such change, discontinuance, or termination. You agree that you will have no claim against us or any Portfolio by virtue of any such change, discontinuance, or termination. In the event of any overpayment by us of any concession, distribution payment, or service payment, you will remit such overpayment. (e) If any Portfolio shares sold to you by us under the terms of this Agreement are redeemed by the issuing Portfolio or tendered for redemption by the customer within seven (7) business days after the date of our confirmation of your original purchase order for such shares, you agree (i) to refund promptly to us the full amount of any concession, distribution payment, or service payment allowed or paid to you on such shares, and (ii) if not yet allowed or paid to you, to forfeit the right to receive any concession, distribution payment, or service payment allowable or payable to you on such shares. We will notify you of any such redemption within ten (10) days after the date of the redemption.

  • Eligibility for Severance Benefits The Company or its successor shall pay or provide to the Executive the Severance Benefits if the Executive has a Separation from Service and his employment is terminated voluntarily or involuntarily during the term of this Agreement, either: (a) by the Company (1) at any time within 24 months after a Change in Control of the Company, or (2) at any time prior to a Change in Control but after the commencement of any discussions with a third party relating to a possible Change in Control of the Company involving such third party, if such termination is in contemplation of such possible Change in Control and such Change in Control is actually consummated within 12 months after the date of such termination, in either case unless the termination is on account of the Executive’s death or Disability or for Cause, provided that, in the case of a termination on account of the Executive’s Disability or for Cause, the Company shall give Notice of Termination to the Executive with respect thereto; or (b) by the Executive for Good Reason (1) at any time within 24 months after a Change in Control of the Company or (2) at any time after the commencement of any discussions with a third party relating to a possible Change in Control of the Company involving such third party, if such Change in Control is actually consummated within 12 months after the date of such termination, and, in any such case, provided that the Executive shall give Notice of Termination to the Company with respect thereto. For purposes of clarity, with respect to Section 3 above, an Executive who is collecting Disability benefits will not be eligible for benefits under this Agreement. An Executive who is no longer Disabled will be eligible for benefits under this Agreement if, in the period extending from 12 months before the Change in Control to 24 months after the Change in Control, either of the following occur: (1) the Executive attempts to return to his or her position, and no such position is available, or (2) the Executive returns to employment and is subsequently terminated pursuant to Section 3(a) or Section 3(b) above.

  • Maintaining Eligibility for Employer Contribution The employer's contribution continues as long as the employee remains on the payroll in an insurance eligible position. Employees who complete their regular school year assignment shall receive coverage through August 31.