Common use of Annual Vacation and General Holiday Pay Clause in Contracts

Annual Vacation and General Holiday Pay. Vacation and General Holiday Pay shall be accrued at the rate of twelve percent (12%) of gross earnings (six percent [6%] for annual vacation and six percent [6%] for General Holidays), and shall be paid to the employee on each regular pay day. Each employee is entitled to a minimum vacation period of three (3) weeks each year. The vacation period will be arranged by mutual Agreement between the employees and the Employer. The recognized holidays are: New Year's Day, third Monday in February (Heritage Day), Good Friday, Easter Monday, Empire Day, Dominion Day (Canada Day), Friday prior to British Columbia Day, first Monday in August (British Columbia Day), Friday prior to Labour Day, Labour Day, Thanksgiving Day, Remembrance Day, Christmas Day, Boxing Day, and any day declared a public holiday by the Federal and/or Provincial Government. No work will be performed on Labour Day. All work performed on General Holidays shall be paid for at double time rates. When a General Holiday falls on a Saturday or Sunday, the following Monday will be observed. When Christmas and Boxing Days fall on Saturday and Sunday the following Monday and Tuesday will be observed.