Borrowing of Unearned Vacation Credits Sample Clauses

Borrowing of Unearned Vacation Credits. With the approval of the Employer, an Employee who has been employed for a period of five (5) or more years may be granted five (5) days from the vacation leave of the next subsequent year.
AutoNDA by SimpleDocs
Borrowing of Unearned Vacation Credits. With the approval of the Employer, a Nurse who has been employed for a period of five (5) or more years may be granted five (5) days from the vacation leave of the next subsequent year.
Borrowing of Unearned Vacation Credits. 47 10.11 Nurse Compensation Upon Separation 47 10.12 Employer Compensation Upon Separation 47 10.13 Vacation Credits Upon Death 47 10.14 Compensation for Cancellation of Approved Vacation 47 10.15 Recall from Vacation 47 10.16 Reimbursement of Expenses upon Recall 48 10.17 Reinstatement of Vacation Upon Recall 48 10.18 Illness During Vacation 48 10.19 Holidays 49 10.20 Exception 49
Borrowing of Unearned Vacation Credits. With the approval of the Employer, an employee who has been employed for a period of five (5) or more years may be granted five

Related to Borrowing of Unearned Vacation Credits

  • Vacation Credit Any outstanding vacation entitlement for a person going on LTD will be paid in cash upon expiry of sick leave. The cash payment will be calculated on the base earnings at the expiration of sick leave for the prorated days of vacation entitlement, any outstanding lieu days, any outstanding floating statutory holidays, and banked time for 40-hour per week employees. No vacation entitlement, floating holidays, or banked time for 40-hour per week employees accrues while a member is in receipt of LTD benefits.

  • Maximum Vacation Accrual Employees may accrue vacation up to a maximum of two hundred forty (240) hours. An employee who has reached the maximum accrual level may continue to accrue vacation until his or her next anniversary date, at which time any vacation accrued in addition to the two hundred forty (240) hour maximum accrual will be extinguished. With the written approval of the appropriate Vice President, an employee may accrue more than two hundred forty (240) hours of vacation when he or she is precluded from taking a previously scheduled vacation because of University needs. Any such written approval will specify a timeline for the employee to use any excess vacation accrual, after which any excess vacation accrual will be extinguished.

  • Banked Vacation Once every five years an employee may bank one full year's vacation to be taken in conjunction with the next year's vacation. For the purposes of this clause, all vacation in the second year must be taken concurrently.

  • Accumulation of Vacation Leave Credits 31.1.1 An employee shall earn in respect of each fiscal year, annual vacation leave with pay at the following rates for each calendar month in which the employee receives at least seventy-five (75) hours’ pay:

Time is Money Join Law Insider Premium to draft better contracts faster.