Perquisites and Allowances Sample Clauses

Perquisites and Allowances i. House Rent Allowance not exceeding 50% of the basic salary per month. ii. Leave travel allowance at one month’s basic salary. iii. The Company shall provide suitable conveyance facilities. iv. The Company shall provide telephone, telefax and other communications facilities including at the residence. v. Medical expenses incurred for self and family in India or abroad including hospitalization, nursing home and surgical charges and in case of medical treatment abroad, the airfare and boarding / lodging expenses for patient and attendant. vi. Membership fees/ subscription subject to a maximum of 2 clubs.
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Perquisites and Allowances i). In addition to the salary payable, he will also be entitled to perquisites and allowances like furnished accommodation or house rent allowance in lieu thereof; house maintenance allowance together with reimbursement of expenses or allowances for utilities such as gas, electricity, water, furnishings and repairs; Performance Incentive; medical reimbursement; club fees and leave travel concession for himself and his family; medical insurance and such other perquisites and allowances in accordance with the rules of the Company or as may be agreed to by the Board of Directors and ▇▇. ▇▇▇▇▇▇▇▇▇ ▇▇▇ M.V.
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Perquisites and Allowances. In addition to salary, the Managing Director shall also be entitled to perquisites and allowances like accommodation (furnished or otherwise) or house rent allowance in lieu thereof, reimbursement of expenditure or allowances in respect of maintenance, utilities such as gas, electricity, furnishings and repairs of the house, medical reimbursement, medical insurance and leave travel concession for self and his family including dependents, personal accident insurance, club fees and such other perquisites, benefits and allowances in accordance with Rules of the Company. The aggregate of aforesaid perquisites and allowances will be restricted to ₹ 25,000/- (Rupees Twenty Five Thousand Only) per month.
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Perquisites and Allowances. In addition to salary, the Managing Director shall also be entitled to perquisites and allowances like accommodation (furnished or otherwise) or house rent allowance in lieu thereof, reimbursement of expenditure or allowances in respect of maintenance, utilities such as gas, electricity, furnishings and repairs of the house, medical reimbursement, medical insurance and leave travel concession for self and his family including dependents, personal accident insurance, club fees and such other perquisites, benefits and allowances in accordance with Rules of the Company. The aggregate of aforesaid perquisites and allowances will be restricted to month. (Rupees ) per
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Perquisites and Allowances. Accommodation (furnished or otherwise) or house rent allowance in lieu thereof, house maintenance allowance together with re- imbursement of expenses or allowances for utilization of gas, electricity, water, furnishing and repairs, medical expenses / re-imbursement for self and his family including dependents, leave travel concession for self and his family including dependents, club fees, medical insurance and such other perquisites and allowances as agreed / authorized by the Board up to ` 2,00,000/- per month, subject to overall ceiling of remuneration as stipulated under the Act. The minimum remuneration payable to Shri ▇▇▇▇▇▇ ▇▇▇▇ in the event of loss or inadequacy of profits in any financial year during the period of his appointment will be subject to a maximum ceiling of ` 24,00,000/- per annum or up to ` 2,00,000/- per month, including the perquisites as set out in Part II Section II of Schedule XIII to the Companies Act, 1956. The Board commends the passing of this resolution set out at Item No. 8 of the accompanying Notice as an Ordinary Resolution for approval of the members. The draft Agreement proposed to be entered into between the Company and Shri ▇▇▇▇▇▇ ▇▇▇▇ is available for inspection by the Members of the Company at the Registered Office of the Company between 11.00 am and 2.00 pm on any working day of the Company, up to the date of the meeting. The above may be treated as an abstract of the Agreement proposed to be entered into between the Company and Shri ▇▇▇▇▇▇ ▇▇▇▇ pursuant to Section 302 of the Companies Act, 1956. Other than Shri ▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ and Shri ▇▇▇▇▇▇▇▇ ▇▇▇▇ Directors of the Company, being related to ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, no other Director is in any way, considered concerned or interested in this resolution.
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Perquisites and Allowances i. House Rent Allowance not exceeding 50% of the basic salary per month. ii. Leave travel allowance at one month’s basic salary. iii. The Company shall provide suitable conveyance facilities. iv. The Company shall provide telephone, telefax and other communications facilities including at the residence. v. Medical expenses incurred for self and family in India or abroad including hospitalization, nursing home and surgical charges and in case of medical treatment abroad, the airfare and boarding / lodging expenses for patient and attendant. vi. Membership fees/ subscription subject to a maximum of 2 clubs. vii. Contribution to Provident fund, Superannuation fund, National Pension Scheme or Annuity fund and Gratuity fund as per the Rules of the Company. viii. Leave encashment of unavailed leaves as per the Rules of the Company. ix. Such other perquisites and allowances as per the policy/rules of the Company in force and/or as may be approved by the Board from time to time.
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Related to Perquisites and Allowances

  • PAY AND ALLOWANCES 8.1 The regular rate of pay for each position in the bargaining unit shall remain as provided in the Salary Schedule found in Appendix A of this Agreement. 8.2 All employees in the bargaining unit shall be paid once per month. Checks will normally be delivered on the last working day of the month except if the normal pay date falls on a holiday the paycheck shall be issued on the preceding workday. 8.3 Any payroll error resulting in insufficient payment for an employee shall be corrected and a supplemental check issued not later than five (5) working days after the employee provides notice to the payroll department. 8.4 Any paycheck for an employee which is lost, or not delivered within five (5) days if mailed, shall be replaced as soon as practicable following the employees' notification to the payroll department of the check's disappearance. 8.5 Any employee who receives a change to a higher classification shall be placed on the appropriate range and step of the new classification which will insure at least a five (5) percent increase in pay as a result of the change in classification when step and range allows. 8.6 Any employee in the bargaining unit required to use his/her vehicle on District business shall be reimbursed at the rate approved by IRS per mile for all miles driven on behalf of the District. 8.7 Longevity schedule shall be as follows: 10 years of service, $25.00 monthly; 15 years of service, $35.00 monthly; 20 years of service $45.00 monthly; 25 years of service, $55.00 monthly; and 30 years of service at $65.00 per month shall be paid. 8.8 Employees working normally only on days when school is in session shall have their salaries computed on the number of paid days, including vacation and holidays, and paid in ten (10) equal payments unless otherwise requested by the employee. Days worked in excess shall be compensated at the regular or overtime rate whichever is applicable. 8.9 Any employee in the bargaining unit who, as a result of work assignment, must have meals or lodging away from the District shall be reimbursed for the full cost of the meals or be provided meals by the District. The guidelines for meals and lodging shall be based upon Board Policy #3350 and Regulation 3350. 8.10 The District will pay the agreed upon contribution to PERS for all classified regular employees working 20 hours per week or more. 8.11 Should the cost of the total PERS payment on behalf of covered employees in the classified service exceed 18.00% in any year, covered employees will pay any amount in excess of 18.00% not to exceed a total of 7.0%. Employees hired after July 1, 2011, shall pay the full employee share of PERS (seven percent – 7.0%). 8.12 Designation of 10, 11, and 12 Month Employees: Ten (10) month employees work either 149, 166, 180, 186, 190, 193, or 195 contract workdays. Eleven (11) month employees work either 200 or 205 contract workdays. Twelve (12) month employees work 260 contract workdays. 8.13 In any year where the work year consists of 261 possible workdays for twelve month employees, the work calendar for those employees shall be modified so that there totals only 260 days. One day shall be considered a non-work, non-paid day to be taken with the approval of the immediate supervisor. 8.14 The salary schedule for classified employees shall be increased by two percent (2%) effective July 1, 2018. In addition, an off-schedule bonus in the amount of three percent (3%) will be paid on the adjusted 2018/2019 salary schedule. Payment for the 2018-2019 year will be paid by June 30, 2019. One percent (1.0%) of the above referenced off-schedule bonus is in consideration for two (2) Professional Development Days added to the 2019-2020 work year. All employees will receive two (2) additional workdays at their normal rate of pay. This is clarified below: 12 month employees - 262 paid workdays at their normal rate of pay 11 month employees - 2 additional workdays at their normal rate of pay 10 month employees - 2 additional workdays at their normal rate of pay 8.15 The District shall provide a one percent (1.0%) off-schedule payment each year that the instructional calendar calls for 181 days of student instruction. 8.16 The salary schedule for classified employees shall be increased by three percent (3%) effective July 1, 2021. In addition, a one-time off schedule payment of $2,000 for employees whose contracted hours are 5 hours or more per day. Employees whose contracted hours are less than 5 hours per day shall receive a one-time payment of $1,000.00.

  • Perquisites During the Employment Period, Executive shall be entitled to receive such perquisites as are generally provided to other senior officers of the Company in accordance with the then current policies and practices of the Company.

  • Car Allowance The Company shall provide the Executive an automobile allowance of $750 per month during the term of Executive’s employment hereunder.

  • Training Allowance Operators who are required by the Employer to provide training to a specified level and to certify to the competency of the employees so trained shall receive twelve dollars ($12) per day while training. In such cases, the most senior qualified operator with the capability to provide training in the required class of equipment shall be given the opportunity to provide such training.

  • Other Allowances The District shall pay to each teacher appointed by the District to the following positions, the allowance respectively set forth opposite each such position, namely: (a) Supervisor 23,305 (b) Consultant 11,103 (c) Coordinating teacher 3,771