Fundashon Mariadal Foundation

Section 3 C - Chapter 4
Job, salary, payment and allowances

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C - 4.1. Salary payment

1. The Employer pays the Salary no later than by the 28^ste of the month.

2. Other payments and allowances in any month shall be paid no later than the following calendar month, unless the provisions of the Collective Labor Agreement provide otherwise.

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C - 4.2. Step Increase

1. Employees with an employment contract for an indefinite term will receive an automatic grade increase on January 1. For Employees with a fixed-term contract, the grade increase takes place on the date of a successive year of the Employee's employment.

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C - 4.3. Year-end bonus

1. An Employee who has been employed for a full year as of December 15 will receive from the Employer a year-end bonus equal to 8.33% of annual salary on 10 December (the annual salary means the Salary earned during the period January 1 through December 31 of the benefit year). Vacation pay and compensation for Overtime, irregularity allowance, and so on are not included.

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C - 4.4. Overtime

1. The Hours of Work, Working Hours, Schedule-free Days, Rest Periods, weekends off and breaks of the Employee classified in FG 60 and below shall be determined in compliance with the rules of the 2000 BES Labor Law.

2. The Employee classified in FG 60 and below, is entitled to compensation for Overtime, if this Employee is entitled to this compensation under the Labor Act 2000 BES and supplementary Article C-1 sub b. The amount of the compensation shall be in accordance with the statutory regulation.

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C - 4.5. Time for time (Time-back)

The provisions for time for time in accordance with Article 4.14 section 2 apply to Employees classified up to and including FG 60.

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C - 4.6. On-call shift

The provisions for on-call shift in accordance with Article 4.16 Section 2 shall apply Employees graded at FG 60 or below.