Other Allowance Sample Clauses
The 'Other Allowance' clause defines additional payments or benefits provided to a party beyond standard compensation or agreed fees. This clause typically outlines the types of allowances—such as travel stipends, meal reimbursements, or equipment costs—that may be granted, and specifies the conditions or limits for claiming them. Its core function is to clarify what extra support or reimbursements are available, thereby preventing misunderstandings and ensuring both parties are aware of any supplementary entitlements.
Other Allowance. The Executive shall receive an automobile allowance not to exceed Seven Hundred Fifty Dollars ($750.00) monthly for the purpose of leasing and maintaining insurance on an automobile of the Executive’s choice.
Other Allowance. Teachers on staff (active or on leave of absence with or without pay), as of 31 August 1988 and receiving the allowance paid by the former Osgoode Township School Board and the Collegiate Institute Board of Ottawa, shall continue to be paid such an annual allowance so long as the individuals remain in the employ of the OCDSB.
Other Allowance. No additional allowance has been provided.
Other Allowance. Employees who are required by the employer to attend inservice programs shall receive their regular hourly rate of pay for the time period the inservice program is offered, to a maximum of seven (7)hours per day. Employees required to use their own vehicle for employer business shall be paid in accordance with current Board policy for the kilometers travelled.
Other Allowance. This is a balancing component equal to Gross salary minus (Basic salary + House Rent Allowance + Conveyance Allowance + Leave Travel Assistance). Other Allowance is payable monthly and is a taxable component and is subject to applicable law. Interest Free Loan Plan: All regular full-time employees of Cypress India are eligible to receive an Interest free loan up to INR 50,000, recoverable in twenty-four months and subject to applicable law. Employees are eligible for Interest free loan upon completion of six months of service in the company. House Brokerage Reimbursement: Cypress India will reimburse house rental brokerage amount to all regular, full-time employees on settlement of house for residential purpose. Employees are eligible for house brokerage amount, once every 24 months. Group Mediclaim Insurance: All regular employees are covered under Group Mediclaim Insurance policy (Hospitalization) coverage with National Insurance Company Limited for the purpose of claiming hospitalization expenses, when needed. The Coverage is of floater in nature for an amount of INR 500,000 for the entire family. The Company covers employee plus 5 dependents under this insurance policy. For married employees, dependents include spouse plus 2 children and Parents Group Personal Accident Insurance: All Cypress India regular employees are covered under Group Personal Accident Insurance, with coverage for the period of the employee’s disability due to accident. The coverage is up to a maximum of 40 months of basic salary. Group Personal Accident Insurance coverage extended by Cypress is only for employees and not for families. The cost of premium for Group Personal Accident Insurance for each employee is borne by Cypress India Life Insurance: All regular employees are covered under Group Life Insurance policy with Life Insurance Corporation of India. The amount of coverage is a maximum of one year’s gross salary of the employee. The company covers only the employees and not the families for Life Insurance. Provident Fund: All regular employees are covered under the Employees Provident Fund Act. The Provident Fund benefit is applicable from the date of joining and is subject to applicable law. The contribution to Provident Fund is 12% of Basic salary, each from the employee and Cypress India. The employee’s contribution to Provident Fund is deducted from the monthly gross salary. Gratuity: As per Payment of Gratuity Act, ‘Gratuity’ is a statutory benefit payable in India by...
Other Allowance. For each round trip to the airport at his home base for flight duty, periodic training, annual briefing, medical and ground school, a transportation expense of $5.30 shall be paid. Gratuity Allowance. For flights involving hotel accommodation, a check in and gratuity allowance (G) shall be paid $5.05 for each night of hotel accommodations. Extended Duty Allowance. For flights involving time away from home base in excess of 120 hours, an allowance of $12.50 for each complete 24 hour period thereafter shall apply. For Example, a Pilot away from base for greater than 144 hours would receive $12.50 and another $12.50 after more than 168 hours. Passport Allowance. For fees relating to procuring and renewing a passport, including express fees and photos, an annual allowance of $34.25 will be provided. The allowance shall be paid to each Active Pilot in conjunction with the December block month.