Accrual of Time (2019) Sample Clauses

Accrual of Time (2019). Employees shall be entitled to personal days off each contract year without loss of pay or benefits, in accordance with the following schedule: Full-time 24 hours per year At least half (1/2) time, but less than full-time 16 hours per year Part-time employees authorized to work less than twenty (20) hours per week, who were hired into such position on or before June 30, 2017, shall continue to receive eight (8) personal leave hours per fiscal year. Personal leave shall be loaded into the time and attendance system, effective the first full pay period after July 1st of each year. It is recognized that employees are hired throughout the contract year and these employees shall be entitled to personal leave, in accordance with the following schedule: 1st, 2nd, 3rd, 4th 3/3 of annual allotment 5th, 6th, 7th, 8th 2/3 of annual allotment 9th, 10th, 11th 1/3 of annual allotment 12th none
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Accrual of Time (2019). Employees assigned to a 40-hour workweek shall accrue sick leave at a rate of 3.7 hours bi-weekly. Employees who are assigned to a 40-hour workweek may accrue up to a maximum of 1080 hours of sick leave. Employees who have more than 1080 hours on July 1, 2019 shall maintain their sick leave accruals over 1080 hours, but shall not accrue any additional sick leave until their balance drops below 1080 hours. Permanent part-time employees shall accrue sick leave proportionately to weekly authorized hours and may accrue a pro-rated maximum hours of sick leave. Employees hired on or after July 1, 2019, shall be frontloaded forty-eight (48) hours of sick leave upon hire in lieu of accruing 3.7 hours per pay period. Such time shall be prorated for part- time employees. Employees shall not accrue any additional sick leave until they have completed six (6) months of employment, at which time Xxxx leave will accrue on the last day of each bi- weekly period worked. Entering and terminating employees will accrue sick leave proportionally to the total hours worked during the bi-weekly period. If an employee separates prior to completing six (6) months of employment, any frontloaded sick leave taken in excess of what the employee would have earned had they been accruing leave will be deducted from the employee’s final paycheck. Employees shall not accrue sick leave while on an unpaid leave of absence. Should an employee work less than his/her scheduled hours in a pay period, he/she will accrue sick leave proportionately to the total hours worked during the bi-weekly period.

Related to Accrual of Time (2019)

  • Accrual of Leave (a) An employee’s entitlement to paid recreation leave accrues progressively during a year of service according to the employee’s ordinary hours of work. (b) If an employee takes unpaid leave that does not count as service, leave will not accrue for that period.

  • 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 Sick Leave a. A full-time employee shall accrue four (4) hours of sick leave for each biweekly pay period, or the number of hours that are directly proportionate to the number of days worked during less than a full-pay period, without limitation as to the total number of hours that may be accrued. b. A part-time employee shall accrue sick leave at a rate directly proportionate to the percent of time employed. c. An employee appointed under Other Personal Services (OPS) shall not accrue sick leave.

  • 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.

  • Cessation of Accrual of Interest Except as provided in Sections 4.02(D), 4.03(E) or 5.02(D), interest will cease to accrue on each Note from, and including, the date that such Note is deemed, pursuant to this Section 2.18, to cease to be outstanding, unless there occurs a default in the payment or delivery of any cash or other property due on such Note.

  • 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 responsibility 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:

  • Accrual of Interest and Maturity; Evidence of Indebtedness (i) Swing Line Lender shall maintain in accordance with its usual practice an account or accounts evidencing indebtedness of the Borrower to Swing Line Lender resulting from each Swing Line Advance from time to time, including the amount and date of each Swing Line Advance, its Applicable Interest Rate, its Interest Period, if any, and the amount and date of any repayment made on any Swing Line Advance from time to time. The entries made in such account or accounts of Swing Line Lender shall be prima facie evidence, absent manifest error, of the existence and amounts of the obligations of the Borrower therein recorded; provided, however, that the failure of Swing Line Lender to maintain such account, as applicable, or any error therein, shall not in any manner affect the obligation of the Borrower to repay the Swing Line Advances (and all other amounts owing with respect thereto) in accordance with the terms of this Agreement. (ii) The Borrower agrees that, upon the written request of Swing Line Lender, the Borrower will execute and deliver to Swing Line Lender a Swing Line Note. (iii) The Borrower unconditionally promises to pay to the Swing Line Lender the then unpaid principal amount of such Swing Line Advance (plus all accrued and unpaid interest) on the Revolving Credit Maturity Date and on such other dates and in such other amounts as may be required from time to time pursuant to this Agreement. Subject to the terms and conditions hereof, each Swing Line Advance shall, from time to time after the date of such Advance (until paid), bear interest at its Applicable Interest Rate.

  • Other Methods of Procurement of Goods and Works. The following table specifies the methods of procurement, other than International Competitive Bidding, which may be used for goods and works. The Procurement Plan shall specify the circumstances under which such methods may be used: (a) National Competitive Bidding (b) Shopping (c) Direct Contracting

  • Particular Methods of Procurement of Goods Works and Services (other than Consultants’ Services)

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