Amount Accrued Sample Clauses
The 'Amount Accrued' clause defines the total sum that has accumulated under a contract up to a specific date, typically relating to payments, interest, or other financial obligations. In practice, this clause clarifies how much is owed or earned at a given point, such as unpaid interest on a loan or accrued but unpaid wages. Its core function is to ensure both parties have a clear understanding of outstanding amounts, thereby preventing disputes over what is due at any stage of the contractual relationship.
Amount Accrued. Each regular full-time employee shall accrue sick leave at the rate of one (1) working day at the end of each month of service.
Amount Accrued. 7 The amount of accrued extended sick leave will be listed on the employee's 8 paycheck.
Amount Accrued. Accrued Annually Per Pay Period 1st and 2nd years 24 days 8 hours (0-24 months) 3rd through 4th year 27 days 9 hours (25-48 months) 5th through 9th year 31 days 10 hours (49-108 months) 10th through 14th year 35 days 11.6667 hours (109-168 months) 15th year & up 40 days 13.3333 hours (169+ months
Amount Accrued. 19 The amount of accrued extended sick leave will be listed on the 20 employee's paycheck.
Amount Accrued. The amount of vacation leave employees accrue each year varies with their length of seniority. The following accrual schedule would apply where an eight (8) hour shift is in place: First year of service = Five (5) days or 1.54 hours per pay period Second year of service = Five (5) days or 1.54 hours per pay period After two years of service = Ten (10) days or 3.08 hours per pay period After six years of service = Fifteen (15) days or 4.62 hours per pay period After eleven years of service = Sixteen (16) days or 4.92 hours per pay period After twelve years of service = Seventeen (17) days or 5.23 hours per pay period After thirteen years of service = Eighteen (18) days or 5.54 hours per pay period After fourteen years of service = Nineteen (19) days or 5.85 hours per pay period After fifteen years of service = Twenty (20) days or 6.15 hours per pay period
Amount Accrued. (If Employee has worked from Jan. 1 to July 1) $ 457.60 Approximate
Amount Accrued. (If Employee has worked from Jan. 1 to July 1) $ 457.60 Approximate July 2 to 8 40 0 $ 440.00 July 9 to 15 0 40 $ 440.00 TOTALS 40 40 $ 880.00 Prior to Vacation - ACCRUAL ACCOUNT $ 457.60 Add to Accrual Account - July 2 to 8 $ 17.60 VACATION PAY PAID OUT $ (440.00) BALANCE IN ACCRUAL ACCOUNT (@ JULY 15/00) $ 35.20 Employee is entitled to 2 Weeks Vacation per Year (4% Vacation Pay) Assume Employee Makes $11.00/Hour