ETO Payment Calculations Sample Clauses

The ETO Payment Calculations clause defines how payments related to Employee Termination Options (ETO) are determined and processed. It typically outlines the formula or method for calculating the amount owed to employees when their employment ends, such as considering factors like length of service, salary, and any applicable bonuses or benefits. By providing a clear framework for these calculations, the clause ensures transparency and consistency in handling termination payments, reducing the risk of disputes and misunderstandings between employers and employees.
ETO Payment Calculations. At the nurse’s option, all hours actually worked above the 32 nurses FTE may be considered for purposes of compensating RNs for ETO, and such 33 hours will be calculated on the basis of the prior six (6) pay periods. 34 1 Example 1 – Calculation of
View SourceView Similar (8)

Related to ETO Payment Calculations

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Interest Rates Payments and Calculations (a) Interest Rates. From the Effective Date, all Obligations charged to the Loan Account with respect to the Loans shall, subject to Section 2.5(c)(ii), bear interest payable in cash on the Outstanding Amount at a rate per annum equal to ABR plus the Applicable Margin and shall be payable in accordance with Section 2.5(c).

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Calculation and Payment of Additional Rent Tenant shall pay to Landlord, in the manner set forth in Section 4.4.1, below, and as Additional Rent, Tenant’s Share of Direct Expenses for each Expense Year.

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.