Annual Period. The “annual period” is a calendar year. For new employees who begin mid-year, the annual period begins on the employee’s first day of work, restarts on January 1, and runs on a calendar year basis thereafter.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Annual Period. The “annual period” is a calendar year. For new employees who begin mid-mid- year, the annual period begins on the employee’s first day of work, restarts on January 1, and runs on a calendar year basis thereafter.
Appears in 2 contracts
Samples: Memorandum of Understanding, Memorandum of Understanding
Annual Period. The “annual period” is a calendar year. For new employees who begin mid-year, the annual period begins on the employee’s first day of work, restarts on January 1, and runs on a calendar year basis thereafter.
Appears in 1 contract
Samples: Memorandum of Understanding
