//DD1  DD  PATH='/usr/applics/pay.time',PATHDISP=(KEEP,DELETE),
//         PATHOPTS=(OWRONLY,OCREAT,OEXCL),PATHMODE=(SIRWXU,SIRGRP)

The DD statement requests that the file named in the PATH parameter be created. The PATHMODE parameter specifies that the file owner can read, write, and search or execute the file and that users in the file group can read the file.