Accrual of Time Sample Clauses

Accrual of Time. Vacation, sick time, holidays and/or personal days will not accrue during periods of work or non-work related disabilities that exceed sixty days nor will such time accrue during leaves of absence or suspensions.
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Accrual of Time. 1) Full-time employees shall be credited vacation hours on a monthly basis using Columns a and b in Schedule 1 below. 2) Part-time employees. The monthly accrual for part-time employees will be based on the Benefit Eligibility Factor described in section P.4 of this Article. The monthly accrual is equal to the BEF multiplied by the full-time accrual rate shown in Schedule 1 below. For example, a part-time employee with a BEF of 0.5 would receive half of the monthly accrual in Schedule 1. 3) An increase in vacation eligibility is based on years of completed continuous service in a position eligible for earning vacation with the College. Part-time employees must complete the same number of hours as full-time employees to be eligible for additional vacation. Column (d) of schedule 1 shows the total number of hours you must work to advance to the next level of vacation accrual. The actual amount of vacation you will receive, however, is based on your Benefit Eligibility Factor. - SCHEDULE 1 - YEARS OF SERVICE (For Full-Time) ( a ) MONTHLY VACATION ACCRUAL RATE ( b ) TOTAL HOURS OF VACATION EARNED PER YEAR ( c ) EQUIVALENT TOTAL HOURS OF SERVICE (For Part-Time) ( d ) Less than five (5) completed years 6.66 80 Up to 10,399 Five (5) completed years 10 120 10,400 - 20,799 Ten (10) completed years 13.33 160 20,800 and over
Accrual of Time. All maintenance and construction employees will be allowed to accrue time, up to 40 hours, replenishable. Accrued time is accrued at the applicable rate. An employee must have his Manager’s approval prior to accruing time. It may be used for Doctors’ appointments etc. Use of accrued time will be at the discretion of management and must be approved by the employee’s manager.
Accrual of Time. (2019) Employee Status Hours Per Year Month of Hire Annual Leave Entitlement
Accrual of Time. All clerical employees will be allowed to accrue time, up to 40 hours, replenishable. Accrued time is accrued at the applicable rate. An employee must have her Manager’s approval prior to accruing time. It may be used for Doctors’ appointments, etc. Use of accrued time will be at the discretion of management and must be approved by the employee’s manager.

Related to Accrual of Time

  • Accrual of Annual Leave (a) An employee shall accrue an amount of paid annual leave, for each completed 4 week period of continuous service with the employer, of 1/13 of the number of ordinary hours worked by the employee for the employer during that 4 week period. (b) Annual leave shall accrue on a pro-rata basis and be credited to the employee monthly.

  • Accrual of Interest Each Note will accrue interest at a rate per annum equal to 3.50% (the “Stated Interest”), plus any Additional Interest and Special Interest that may accrue pursuant to Sections 3.04 and 7.03, respectively. Stated Interest on each Note will (i) accrue from, and including, the most recent date to which Stated Interest has been paid or duly provided for (or, if no Stated Interest has theretofore been paid or duly provided for, the date set forth in the certificate representing such Note as the date from, and including, which Stated Interest will begin to accrue in such circumstance) to, but excluding, the date of payment of such Stated Interest; and (ii) be, subject to Sections 4.02(D), 4.03(E) and 5.02(D) (but without duplication of any payment of interest), payable semi-annually in arrears on each Interest Payment Date, beginning on the first Interest Payment Date set forth in the certificate representing such Note, to the Holder of such Note as of the Close of Business on the immediately preceding Regular Record Date. Stated Interest, and, if applicable, Additional Interest and Special Interest, on the Notes will be computed on the basis of a 360-day year comprised of twelve 30-day months.

  • Accrual of Dividends For all Accounts, dividends will begin to accrue on noncash deposits (e.g., checks) on the business day you make the deposit to Your Account.

  • Accrual of Seniority Seniority shall accrue during: (a) the first one hundred and nineteen (119) calendar days of sick leave including time on E.I. sick benefit or Income Replacement Benefits under the Automobile Insurance Act; (b) unpaid leaves of absence up to and including one hundred and sixty-eight (168) work hours in a calendar year; (c) hours absent while receiving benefits from the Worker’s Compensation Board; (d) temporary positions, out-of-scope of any union, with the Employer not to exceed twelve (12) months unless extended by mutual agreement with the union; (e) bereavement leave, pressing necessity leave, family leave, medical care leave; (f) jury duty and court service; (g) vacation leave; (h) leave for elected Public Office; (i) union leave; (j) all maternity/paternity/adoption/parental leave; (k) education leave up to twenty-four (24) months. (l) Long-term disability or Income Replacement Benefits under the Automobile Insurance Act. (m) If an Employee’s hours of work are reduced due to a disability, full-time Employees shall maintain their pre- disability accrual rate. Other than full-time Employees shall accrue seniority as follows: (i) For those who have worked one (1) year or more: Paid Hours in Previous 52 Weeks = Seniority Hours Per 52 Week of Leave (ii) For other than full-time Employees who have worked for less than one (1) year:

  • Particular Methods of Procurement of Goods and Works International Competitive Bidding. Goods and works shall be procured under contracts awarded on the basis of International Competitive Bidding.

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