Common use of Bonus Day Payout Clause in Contracts

Bonus Day Payout. Should a full-time employee be absent less than six (6) days per calendar year, then the employee will be credited with the difference between six (6) days and the number of days actually used, and the value of these credits shall be paid out to the employee at the end of each calendar year at the rate of pay of that calendar year. If the employee chooses, the credits owing may be converted to vacation. If service is less than twelve (12) full months in the year, pay out of the Bonus Days will be pro-rated.

Bonus Day Payout. Should a full-full time employee be absent less than six five (65) days per in a calendar year, then the employee will be credited with the difference between six five (65) days and the number of days actually used, and the value of these credits shall be paid out to the employee at the end of each calendar year at the rate of pay of that calendar year. If the employee chooses, the credits owing may be converted taken as time off, the time to vacationbe mutually agreeable between the employer and employee. If service is less than twelve (12) full months in the year, pay out payout of the “Bonus Days will be pro-ratedprorated.

Bonus Day Payout. Should a full-full time employee be absent less than six (6) days per in a calendar year, then the employee will be credited with the difference between six (6) days and the number of days actually used, and the value of these credits shall be paid out to the employee at the end of each calendar year at the rate of pay of that calendar year. If the employee chooses, the credits owing may be converted to vacationinto vacation within the following year. If service is less than twelve (12) full months in the year, pay out payout or conversion to vacation of the “Bonus Days Day's” will be pro-ratedprorated.

Bonus Day Payout. ‌ Should a full-full time employee be absent less than six (6) days per in a calendar year, then the employee will be credited with the difference between six (6) days and the number of days actually used, and the value of these credits shall be paid out to the employee at the end of each calendar year at the rate of pay of that calendar year. If the employee chooses, the credits owing may be converted to vacationinto vacation within the following year. If service is less than twelve (12) full months in the year, pay out payout or conversion to vacation of the "Bonus Days Days" will be pro-ratedprorated.

Bonus Day Payout. Should a full-time employee be absent less than six (6) days per calendar year, then the employee will be credited with the difference between six (6) days and the number of days actually used, and the value of these credits shall be paid out to the employee at the end of each calendar year at the rate of pay of that calendar year. If the employee chooses, the credits owing may be converted to vacation. If service is less than twelve (12) full months in the year, pay out of the Bonus Days will be pro-rated.