Common use of Conversion of Vacation Leave Clause in Contracts

Conversion of Vacation Leave. a. Employees who move from a 56-hour position to a 40-hour position will have their vacation leave converted by multiplying the vacation leave balance by .7143 to obtain the new vacation leave balance. b. Employees who move from a 40-hour position to a 56-hour position will have their vacation leave converted by multiplying the vacation leave balance by 1.4 to obtain the new vacation leave balance.

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Conversion of Vacation Leave. a. Employees who move from a 56-hour position to a 40-hour position will have their vacation leave converted by multiplying the vacation as follows: Vacation leave balance multiplied by .7143 to obtain the = new vacation leave balance. b. Employees who move from a 40-hour position to a 56-hour position will have their vacation leave converted by multiplying the vacation as follows: Vacation leave balance multiplied by 1.4 to obtain the = new vacation leave balance.

Appears in 6 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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