FLSA Exempt Clause Samples

The FLSA Exempt clause defines an employee's status as exempt from the overtime pay and minimum wage requirements of the Fair Labor Standards Act (FLSA). This designation typically applies to employees in executive, administrative, or professional roles who meet specific criteria regarding their job duties and salary level. By clarifying exemption status, the clause helps employers and employees understand compensation expectations and ensures compliance with federal labor laws, thereby reducing the risk of wage disputes.
FLSA Exempt. Employees allocated to the classification of Nurse Manager
View SourceView Similar (3)
FLSA Exempt. 6.1 The Employer and the Guild agree that bargaining unit employees are FLSA exempt and not eligible for overtime compensation other than specifically set forth in the terms of this agreement. However, it is acknowledged that employees will be required to spend additional time over and above their regular workweek engaged in activities for the City. Therefore:
View SourceView Similar (3)
FLSA Exempt. The City and MPC have determined that those classifications listed under Administrative Leave, below, are exempt and not eligible for overtime in accordance with Title 29, Part 541 of the Code of Federal Regulations, Fair Labor Standards Act (FLSA). During a labor dispute, a natural or war-caused disaster, or other emergency situation, the City Council, by motion, or the City Manager may authorize overtime payment for those employees who are customarily not entitled thereto.
View SourceView Similar (2)
FLSA Exempt. 6.1.1 Additional Time 7 6.1.2 Administrative Leave 7
View Source
FLSA Exempt. Pursuant to Section 13(a)(1) of the Fair Labor Standards Act, City hereby determines that employees in sworn, management police personnel positions are exempt from both the minimum wage and overtime provisions of the Fair Labor Standards Act.
View Source
FLSA Exempt. No Overtime Employees classified as FLSA Exempt, and in accordance with LACMTA policies receive no additional compensation for time worked in excess of forty (40) hour work week. These employees will be accountable for the quality of work performed rather than the number of hours worked consistent with the Fair Labor Standard Act. Provided an exempt employee receives prior approval from the employee’s manager, absences of less than a regular work day will not be deducted from the employee’s salary or TOWP bank.
View Source

Related to FLSA Exempt

  • ERISA Exemptions The Parent and the Borrower shall not, and shall not permit any Subsidiary to, permit any of its respective assets to become or be deemed to be “plan assets” within the meaning of ERISA, the Internal Revenue Code and the respective regulations promulgated thereunder.

  • FINRA Exemption To enable ▇▇▇▇▇ to rely on Rule 5110(b)(7)(C)(i) of FINRA, the Company represents that the Company (i) has a non-affiliate, public common equity float of at least $150 million or a non-affiliate, public common equity float of at least $100 million and annual trading volume of at least three million shares and (ii) has been subject to the Exchange Act reporting requirements for a period of at least 36 months.

  • Section 16(b) Exemption The Company shall take all actions reasonably necessary to cause the transactions contemplated by this Agreement and any other dispositions of equity securities of the Company (including derivative securities) in connection with the transactions contemplated by this Agreement by each individual who is a director or executive officer of the Company to be exempt under Rule 16b-3 promulgated under the Exchange Act.

  • Employees exempted This clause does not apply to: • employees terminated as a consequence of serious misconduct that justifies dismissal without notice; • probationary employees; • apprentices; • trainees; • employees engaged for a specific period of time or for a specified task or tasks; or • casual employees.

  • Non-Exempt Employees Non-exempt employees shall not be paid for the period of the closure. However, employees shall be allowed to use accrued vacation, compensatory time off, personal leave or approved leave without pay for the absence(s).