Overtime Distributions Clause Samples

The Overtime Distributions clause defines how additional payments or distributions are handled when work or obligations extend beyond the originally agreed period. Typically, this clause outlines the conditions under which overtime is recognized, the calculation method for extra compensation or profit shares, and the timing of such distributions. For example, it may specify that employees or partners receive a higher rate for hours worked beyond a standard threshold, or that investors receive additional returns if a project exceeds its expected duration. The core function of this clause is to ensure fair and transparent compensation for extra effort or time, thereby preventing disputes and incentivizing timely completion.
Overtime Distributions. The District shall distribute overtime 9 using a rotational seniority list, as equally as is practicable among unit members 10 of the same classification (who have the skill and knowledge to perform the work), 11 who are in the same department and assigned to the same work site. Overtime 12 refused shall count as if it had been worked for purposes of equal distribution.
View SourceView Similar (4)
Overtime Distributions. The District shall distribute overtime 8 using a rotational seniority list, as equally as is practicable among unit members 9 of the same classification (who have the skill and knowledge to perform the work), 10 who are in the same department and assigned to the same work site. Overtime 11 refused shall count as if it had been worked for purposes of equal distribution. 12 When a unit member within the department, classification or site is not available, 13 the District may offer the overtime without regard to the equal distribution 14 requirement. Unit members shall recognize that in an emergency, they may be 15 asked to work overtime when there is no other unit member with the skill, 16 knowledge and availability to perform the work.
View Source
Overtime Distributions. Section 8.1.1: Overtime work shall be offered as equally as possible to all employees in the same job classification within the same unit or activity that have indicated a desire to be notified of such overtime.
View Source

Related to Overtime Distributions

  • Overtime Distribution The Employer and the Union will discuss Departmental or agency specific overtime distribution policies at the Departmental or agency level. The Employer agrees to follow its existing overtime distribution policies until changed as a result of Employer/Union negotiation.

  • Distribution of Overtime Overtime shall be distributed as equally as feasible among qualified employees customarily performing the kind of work required, and currently assigned to the work unit in which the overtime is to be worked. When the assignment of overtime work causes an unusual burden upon the employee, the employee shall not be required to work overtime unless the absence would cause the Agency to be unable to meet its responsibilities.

  • Interim Distributions At such times as may be determined by it in its sole discretion, the Trustee shall distribute, or cause to be distributed, to the Beneficiaries, in proportion to the number of Trust Units held by each Beneficiary relating to the Trust, such cash or other property comprising a portion of the Trust Assets as the Trustee may in its sole discretion determine may be distributed without detriment to the conservation and protection of the Trust Assets in the Trust.

  • Share Distributions Upon the timely receipt by the Depositary of a notice from the Company that it intends to make a distribution that consists of a dividend in, or free distribution of Shares, the Depositary shall establish the ADS Record Date upon the terms described in Section 4.9 of the Deposit Agreement. Upon receipt of confirmation from the Custodian of the receipt of the Shares so distributed by the Company, the Depositary shall either (i) subject to Section 5.9 of the Deposit Agreement, distribute to the Holders as of the ADS Record Date in proportion to the number of ADSs held as of the ADS Record Date, additional ADSs, which represent in the aggregate the number of Shares received as such dividend, or free distribution, subject to the other terms of the Deposit Agreement (including, without limitation, (a) the applicable fees and charges of, and expenses incurred by, the Depositary and (b) taxes), or (ii) if additional ADSs are not so distributed, take all actions necessary so that each ADS issued and outstanding after the ADS Record Date shall, to the extent permissible by law, thenceforth also represent rights and interests in the additional integral number of Shares distributed upon the Deposited Securities represented thereby (net of (a) the applicable fees and charges of, and expenses incurred by, the Depositary, and (b) taxes). In lieu of delivering fractional ADSs, the Depositary shall sell the number of Shares or ADSs, as the case may be, represented by the aggregate of such fractions and distribute the net proceeds upon the terms described in Section 4.1 of the Deposit Agreement.

  • User Contributions The Website may contain message boards, chat rooms, personal web pages or profiles, forums, bulletin boards, and other interactive features (collectively, "Interactive Services") that allow users to post, submit, publish, display, or transmit to other users or other persons (hereinafter, "post") content or materials (collectively, "User Contributions") on or through the Website. All User Contributions must comply with these Terms of Use. Any User Contribution you post to the site will be considered non-confidential and non- proprietary. By providing any User Contribution on the Website, you grant us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns the right to use, reproduce, modify, perform, display, distribute, and otherwise disclose to third parties any such material. You represent and warrant that: • You own or control all rights in and to the User Contributions and have the right to grant the license granted above to us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns. • All of your User Contributions do and will comply with these Terms of Use. You understand and acknowledge that you are responsible for any User Contributions you submit or contribute, and you, not the Company, have full responsibility for such content, including its legality, reliability, accuracy, and appropriateness. We are not responsible or liable to any third party for the content or accuracy of any User Contributions posted by you or any other user of the Website.