Common use of Cash Payment for Unused Vacation Clause in Contracts

Cash Payment for Unused Vacation. 1. Annual vacation leave may be accumulated to a total not to exceed two times the maximum number of days earned annually as of the end of the first pay period of the next calendar year. Excess vacation time is forfeited if not taken within ninety (90) calendar days from the last day of the calendar year in which the excess was accrued.

Appears in 7 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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