Bridging of Net Credited Service Sample Clauses

Bridging of Net Credited Service. At the employee’s request, net credited service with respect to former employees of Valor (including any successor to Valor) will include recognition of all prior periods of active employment with Valor (including any successor to Valor) after the employee has completed six (6) continuous months active employment following the employee’s reemployment, except that periods of prior active employment of less than six (6) continuous months duration will not be recognized. Such recognition shall not include service with any predecessor or affiliate of Valor or with any other entity.
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Bridging of Net Credited Service. 3.1 At the employee's request, net credited service with respect to former employees of the Company will include recognition of all prior periods of active employment after the employee has completed six (6) continuous months active employment following the employee's reemployment, except that periods of prior active employment of less than six (6) continuous months' duration will not be recognized. Such recognition will include active employment with any of the predecessors and/or affiliates of the Company. Net credited service will be computed to the nearest half month.
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Bridging of Net Credited Service. At the employee’s request, net credited service with respect to former employees of Xxxxx (including any successor to Valor) will include recognition of all prior periods of active employment with Xxxxx (including any successor to Xxxxx) after the employee has completed six (6) continuous months active employment following the employee’s reemployment, except that periods of prior active employment of less than six (6) continuous months duration will not be recognized. Such recognition shall not include service with any predecessor or affiliate of Valor or with any other entity.
Sample 1
Bridging of Net Credited Service. At the employee's request, net credited service with respect to former employees of the Company will include recognition of all prior periods of active employment after the employee has completed six (6) continuous months active employment following the employee's reemployment, except that periods of prior active employment of less than six (6) continuous months' duration will not be recognized. Such recognition will include active employment with any of the predecessors and/or affiliates of the Company. Net credited service will be computed to the nearest half month. 14.7 Employees who have retired and who return to work for the Company will not be eligible to bridge any net credited service prior to retirement. The 19 <PAGE> employee's rehire date will be used for the purposes associated with customary applications of net credited service and seniority. ARTICLE 15 WAGES 15.1 All employees shall be paid bi-weekly. Payments to be made on the second Wednesday, following the close of the bi-weekly period. When a holiday falls on Wednesday, payment shall be made on the preceding Tuesday. 15.2 Where it is necessary to dismiss an employee in the field, he/she must be paid in full for all time due in compliance with applicable law, but in any event no later than the next pay period 15.3 When the first day of the month in which an increase is scheduled falls within the first seven (7) days of a two (2) week pay period, the scheduled increase shall be effective as of the first day of that two (2) week pay period. 15.4 When the first day of the month in which an increase is scheduled falls within the second seven (7) days of a two (2) week pay period, the scheduled increase shall be effective as of the first day of the following two (2) week pay period. 15.5 Such adjustments in the effective date of an increase to meet the first day of a two (2) week pay period shall not change the time interval used in determining the date of the next scheduled increase. 15.6 The wages attached as appendices to this Agreement shall prevail for the duration of this Agreement and shall be considered a part of it. a. Changes or revision in the wage rates attached shall not be subject to arbitration except by mutual agreement between the Company and the Union. b. The wage rates attached for purposes of this Agreement are hereby defined as basic wage rates, or basic rates. 15.7 These appendices also include the wage schedules which indicate the progression intervals and basic wage rate...
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Related to Bridging of Net Credited Service

  • Bridging of Service If a regular employee terminates as a result of a decision to care for a dependent parent, spouse or child, and is re-employed, upon application they shall be credited with length of service accumulated at time of termination for the purposes of benefits based on service seniority. The following conditions shall apply:

  • Credited Service A year of “Credited Service” shall mean a calendar year in which the Participant is paid for at least 1,000 hours of service (as defined in the frozen Hasbro Pension Plan) as an employee of the Company or of a Subsidiary of the Company. A Participant does not need to be, or have been, a participant in the Hasbro Pension Plan.

  • PERIOD OF SERVICE The Consultant shall complete the Services on or before December 31, 2019 (the “Deadline”), unless the Authority agrees to extend the Deadline for good reason; provided, however, that the Authority may terminate this Contract at any time in accordance with Section 14. Time is of the essence in performance of this Contract. There will be no obligation established between Authority and the Consultant for performance of the Services until Authority provides the Consultant execution of this Contract and receipt by the Authority of appropriate Certificates of Insurance and other documentation as may be required herein. The term of this Contract (“Term”) shall begin on the Effective Date and shall end on the first to occur of the following: (1) the Deadline, as the same may have been extended by the Authority, (2) the date on which, in the opinion of Authority, all of the Services have been rendered, (3) the date on which this Contract is terminated by the Authority pursuant to Section 14, or (4) the date on which this Contract is terminated by the Consultant pursuant to Section 14.

  • Break in Service No absence under any paid leave provisions of this Article shall be considered as a break in service for any employee who is in paid status, and all benefits accruing under the provisions of this Agreement shall continue to accrue under such absence.

  • Accrual Rate of Sick Leave With Pay Credits Full-time employees shall accrue eight (8) hours of sick leave with pay credits for each full month worked. Employees who work less than the full month but at least thirty-two (32) hours during the month shall accrue sick leave with pay on a pro rata basis for the month.

  • Rollovers of Xxxx Elective Deferrals Xxxx elective deferrals distributed from a 401(k) cash or deferred arrangement, 403(b) tax-sheltered annuity, 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan, may only be rolled into your Xxxx XXX.

  • Year of Service An Employee must complete at least Hours of Service during a Vesting Computation Period to receive credit for a Year of Service under Article V. [Note: The number may not exceed 1,000. If left blank, the requirement is 1,000.]

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