Accumulated Vacation Sample Clauses

The Accumulated Vacation clause defines how unused vacation days are handled over time. Typically, it specifies whether employees can carry over unused vacation days into future periods, sets limits on the amount that can be accumulated, and may outline conditions for payout upon termination. This clause ensures clarity regarding employee entitlements and helps employers manage leave liabilities, preventing misunderstandings about vacation balances.
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Accumulated Vacation. As of the beginning of the first full payroll period of coverage under this Agreement, an employee’s unused accumulated balance of vacation shall be converted to annual leave.
Accumulated Vacation. Any regular employee leaving the employment of the University shall receive, at the time of such leaving, in addition to all other sums due him or her, a payment at his or her regular rate with respect to each day of accumulated vacation rights determined as aforesaid.
Accumulated Vacation. Vacation time will not accumulate in excess of twenty-five (25) days. Earned vacation time in excess of twenty-five (25) days will be lost.
Accumulated Vacation a. As provided for in the applicable Collective Bargaining Agreement
Accumulated Vacation. Employees will be allowed up to one and one-half (1 ½) years of vacation accrual. Once this maximum is reached, employees will not accrue any further vacation until they reduce their vacation accumulation below the maximum.
Accumulated Vacation a) Accumulative vacation carry over: an employee with the approval of the Employer, may be granted permission to carry over five (5) days of his/her vacation leave every year to a maximum of twenty (20) days if, in the opinion of the Employer, it will not interfere with the efficient operation of the Department. b) Use of accumulated vacation carry over: the vacation leave approved pursuant to Article 21.10 (a) shall be used within five (5) years subsequent to the date on which it was approved and shall lapse if not used within that period unless the Employer approves that the time be extended. If the Employer does not extend or the employee requests to take this time off and is denied then the money will be paid at the current rates. In no case will the employee not be paid or not have the benefit of taking vacation benefits.
Accumulated Vacation. Any Sergeant leaving the employment of the University shall receive, at the time of such leaving, in addition to all other sums due to them, a payment at their regular rate with respect to each day of accumulated vacation rights determined as aforesaid, subject to the notice provision above.
Accumulated Vacation. Employees who have a change to their part- time or full-time status shall have their accumulated vacation recalculated or paid out. For a move to a position that is eligible for vacation the following method will be used to recalculate such accumulated vacation: a. Any accumulated vacation days will be converted to hours for the position the employee is leaving and then converted back to days for the position the employee is entering. If the employee is entering a position that is not eligible for vacation the employee will be reimbursed for any accumulated vacation prior to the entry into the position.
Accumulated Vacation. A - During the 3-year period prior to an employee's normal or early retirement date under the Company Pension Plan, s/he may accumulate up to a maximum of 15 weeks of vacation (including the vacation he earns during the year in which he retires). Such accumulated vacation may be taken as pay at the time of the employee's retirement date. Accumulated vacation may not be used to extend the employee's retirement date.
Accumulated Vacation. Maximum vacation carryover from one year to the next year will be one and one-half (1-½) of the employee's annual earned vacation time, i.e. if at the then (10) day level; the maximum holdover to the next year is fifteen (15) days. Once the maximum is reached (in this example, fifteen [15] days) employee will not accrue any further vacation until they reduce their vacation accumulation below the maximum.