Common use of Accrual Bonus Clause in Contracts

Accrual Bonus. A bonus of forty (40) hours will be credited to the employee’s vacation bank during the anniversary month of employment. The bonus is credited: a. After the employee has completed four (4) continuous years of service with the College. b. After the employee has completed ten (10) continuous years of service to the College.

Accrual Bonus. A bonus of forty twenty (4020) hours will be credited to the employee’s vacation bank during the anniversary month of employment. The bonus is credited: a. After the employee has completed four (4) continuous years of service with the College. b. After the employee has completed ten (10) continuous years of service to the College.