Accruals Sample Clauses

Accruals. All material accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, federal or provincial pension plan premiums, accrued wages, salaries and commissions and payments for any plan for any officer, director, employee or consultant of the Corporation have been accurately reflected in the books and records of the Corporation.
AutoNDA by SimpleDocs
Accruals. All eligible supervisors shall accrue vacation leave according to the following rates: Length of Service Requirement Rate Per Full Payroll Period 0 through 5 years 4 working hours After 5 through 8 years 5 working hours After 8 through 12 years 7 working hours After 12 through 19 years 7½ working hours After 19 through 24 years 8 working hours After 24 through 30 years 8½ working hours After 30 years 9 working hours Length of service is defined as the length of employment with the State of Minnesota since the last date of hire in accordance with Section 1(A). Length of service shall be interrupted only by separation because of resignation, termination, discharge for just cause, failure to return upon expiration of a leave of absence, failure to respond to a recall from layoff, or retirement. A supervisor shall not suffer a reduction in his/her vacation accrual rate due to being covered by a contract or plan with a vacation accrual scale with a different length of service requirement component than that indicated above. For purposes of determining changes in a supervisor's accrual rate, periods of suspension or unpaid non-medical leaves of absence shall not be deducted from the Length of Service Requirement unless they are one (1) full payroll period or more in duration. However, for supervisors on an unpaid military leave of any duration, or an FMLA qualifying leave of any duration, no adjustment to accrual rates shall be required. This method will be effective only after this date and shall not be used to change any Length of Service Requirements determined prior to that date. Changes in accrual rate shall be made effective at the beginning of the next payroll period following completion of the specified Length of Service Requirement. Supervisors being paid for less than a full eighty (80) hour pay period will have their vacation accruals pro-rated in accordance with the schedule set forth in Appendix C.
Accruals. 15.1 All cash accruals received in respect of investments, including dividends will be paid into the Client’s bank account detailed in part B of this Agreement or as amended from time to time and in accordance with regulatory requirements.
Accruals. Accruals shall be recorded observing the following:  Recorded accruals must be reversed in the subsequent accounting period.
Accruals. All cash received in respect of Investments, including dividends and interest, will be reinvested, unless at Xxxxx’s discretion, it resolves to declare dividends or repay capital to Shareholders.
Accruals. When an employee is recalled from layoff and re-employed, he/she is considered to have continuous service credit, less the time spent on layoff, for computation of future earned vacations. Sick leave will be reinstated in an amount equal to that as of the date of the employee's layoff if he/she does not receive a payout as described in 12.13
AutoNDA by SimpleDocs
Accruals. The vacation entitlement of each bargaining unit employee shall be as follows:
Accruals. All leave accrual and usage shall be calculated to provide no greater or lesser benefit than received by employees on a 5-8 shift.
Accruals. All leave accruals and usage shall be calculated on an hourly basis to provide no greater or lesser benefit than received by employees on a 5-8 shift. For example, if an employee on the 4-10 shift takes a day of vacation, ten (10) hours of vacation leave shall be deducted from the employee's account.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!