Utah Exercise Agreement

State:
Multi-State
Control #:
US-EG-9512
Format:
Word; 
Rich Text
Instant download

Description

Exercise Agreement Form between ON Technology Corporation and _________ (Holder) regarding cashless exercise pursuant to common stock dated 00/00. 1 page.

How to fill out Exercise Agreement?

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FAQ

The primary distinction of exempt employees is that they are not paid overtime, no matter how many hours they work. State of Utah employees that are FLSA exempt will receive compensatory time, at straight time, for every hour worked over 80 hours in a pay period.

An employer must pay its employees, except yearly salaried employees, no less frequently than semi-monthly (twice per month) on pay days designated in advance by the employer. An employer must pay its non-yearly-salaried employees within ten (10) days after the end of a pay period.

(1) Management may direct an employee to be available for on-call work. (a) Management shall compensate an FLSA non-exempt employee for on-call time at a rate of one hour for every 12 hours the employee is on-call.

Utah Labor Laws Guide Utah Labor Laws FAQUtah minimum wage$7.25Utah overtime laws1.5 times the rate of regular pay after working 40 hours in a workweek ($14.50 per hour for minimum wage workers)Utah break lawsBreaks not required by law

Under Utah Rules, an employer is required to pay an employee for required attendance at training.

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Utah Exercise Agreement