VACATION WITH PAY 17.01 The vacation year for calculation purposes shall be from June 1st to May 31st or closest pay period to it during the term of this Agreement. The Company may require all employees, subject to this Agreement, to take a vacation period and may close the plant or any part of the operation for that purpose at any time convenient to the Company, between July 1st and September 1st in any year, but not to exceed two (2) consecutive weeks and employees shall be notified by April 30th. If any of the Paid Holidays occur during an employee’s vacation, the employee will be granted an extra day off with pay at the beginning or end of the vacation. Employees who are scheduled to remain on duty during any plant shutdown or who have vacation entitlement in excess of two (2) weeks will be allowed their vacation at a mutually convenient time. The Company will not unreasonably deny any such requests. Responses will be in writing and the Union will receive copies of all requests and responses. Any denial will include an explanation and alternative dates for the employee’s consideration. If work is required during a vacation shutdown period, the opportunity to work will be offered to employees by classification seniority. 17.02 Vacations shall be taken in the year of entitlement and shall not be cumulative. Employees will be required to take a mandatory two (2) weeks vacation. Employees not scheduled to take the mandatory two weeks by March the 1st of any year of entitlement shall be scheduled by the Company. Vacation with Pay – Vacation to be paid in accordance with the current schedule, except as noted below and at the time that the employee takes his/her vacation. Vacation Pay Method: Vacation pay will be paid based on the employee’s regular hourly rate multiplied by the number of hours taken. In addition, the employee will receive a lump sum payment of 4% (6% for employees with 5 or more years of service) of overtime earnings from the previous year in December of the current year (less normal and statutory deductions). An employee who has been off work as a result of a current WSIB or WI claim and receiving temporary income replacement benefits will be eligible for vacation time off and pay in accordance with his/her seniority in the year following the onset of the claim. An employee who is laid off or recalled will receive prorated vacation time and pay in accordance with the amount of time worked (e.g. 1/12 of the employee’s full year eligibility for each full month of employment). An employee who has not taken all of his vacation entitlement by the end of the vacation year, will be paid all of his earned but unpaid vacation in one lump sum and no additional vacation time will be owed to the employee. The agreement will be adjusted to reflect the new vacation entitlement, but existing employees on the Company’s seniority list as of December 4, 2002 shall have any payment entitlement paid out based on the formula in place prior to December 4, 2002 or until they reach a new vacation entitlement level under the new schedule. 17.03 New Vacation Entitlement Program Effective December 4, 2002, an employee’s existing vacation entitlement shall be grandfathered. Future increases to an existing employees vacation entitlement and the vacation entitlement for new employees shall be as follows: Each employee will be granted an annual vacation with pay in accordance with the following provisions. The employee will receive vacation with regular pay for each day . Seniority as of June 30th ; Less than 1 year 1 day per month to a max of 10 4% 1 year but less than 5 years = 10 days 5 years but less than 15 years = 15 days 15 or more years = 20 days Any existing employee having more than 20 days of vacation time earned as of November 15, 2005 will continue to be eligible for this vacation time provided he/she meets the normal eligibility requirements as per Article
SICK LEAVE WITH PAY Sick leave with pay for employees shall be determined in the following manner:
Vacations and Sick Leave The Executive shall be entitled to paid annual vacation leave in accordance with the policies as established from time to time by the Board of Directors, which shall in no event be less than four weeks per annum. The Executive shall also be entitled to an annual sick leave benefit as established by the Board for senior management employees of the Bank. The Executive shall not be entitled to receive any additional compensation from the Bank for failure to take a vacation or sick leave, nor shall he be able to accumulate unused vacation or sick leave from one year to the next; provided, however, such Executive may carry forward from year to year a maximum of ten days of unused vacation leave.
VACATION LEAVE WITH PAY 14.01 The vacation year shall be from April 1st of one calendar year to March 31st of the following calendar year inclusive.
Vacation and Sick Leave During the Term, Executive shall be entitled to (a) sick leave in accordance with the Company’s policies applicable to similarly situated executive officers of the Company from time to time and (b) 4 weeks paid vacation each calendar year (up to 40 hours of which may be carried forward to a succeeding year).
Bereavement Leave With Pay For the purpose of this Article, immediate family is defined as father, mother (or alternatively stepfather, stepmother or xxxxxx parent), grandparent, brother, sister, spouse including common-law spouse residing with the employee), child (including child of common-law spouse or adopted child), stepchild or xxxx of the employee, grandchild, nephew, niece, uncle, aunt, father-in-law, mother-in-law, son-in-law, daughter-in-law, brother-in-law, sister-in-law, and relative permanently residing in the employee’s household or with whom the employee permanently resides and/or traditional Gitxsan affiliations as determined by the administrator in consultation with tribal elder. A) When a member of his/her immediate family dies, an employee: i) shall be entitled to a bereavement period of five (5) consecutive calendar days which does not extend beyond the day following the day of the funeral. During such period he shall be paid for those days which are not regularly scheduled days of rest for that employee; ii) in addition, the employee may be granted up to three (3) days leave with pay for the purpose of travel related to the death. B) In special circumstances and at the request of the employee, the fourth (4th) day bereavement period may be moved beyond the day following the day of the funeral but must include the day of the funeral. C) It is recognized by the parties that the circumstances which call for leave in respect of bereavement are based on individual circumstances. On request, the Employer may, after considering the particular circumstances involved, grant leave with pay for a period greater than that provided for in Article 14.02(A)(i) and (C) – Bereavement Leave with Pay. D) An employee is entitled to up to fourteen (14) hours bereavement leave per year with pay to attend or participate at a funeral of a person that is not immediate family, subject to operational requirements.
Sick Leave Use An employee shall be granted sick leave with pay to the extent of the employee's accumulation for absences necessitated by the following conditions:
Cooperation with Voting Each of Santander Consumer, the Seller and the Issuer hereby acknowledges and agrees that it shall cooperate with the Indenture Trustee to facilitate any vote by the Instituting Noteholders pursuant to the terms of Section 7.6 of the Indenture.
Other Leave with Pay The Employer may grant leave with pay for purposes other than those specified in this Agreement, including military or civil defence training, and emergencies affecting the community or place of work.
Cooperation with Financing The Seller shall, and shall cause its Affiliates to, at the Buyer’s cost, use commercially reasonable efforts to provide such cooperation (including to use commercially reasonable efforts to cause its Representatives to provide such cooperation) as may be reasonably requested by the Buyer or Buyer’s prospective financing sources in connection with the arrangement of the financing for the consummation of the transactions contemplated hereby (the “Financing”), including: (i) upon reasonable prior notice, making senior employees of the Seller available to (A) participate in, and assist the Buyer in the Buyer’s preparation of customary marketing materials (including providing customary authorization letters authorizing the distribution of information to prospective lenders and identifying any portion of such information that constitutes material, non-public information regarding the Seller or its subsidiaries or their respective securities) for meetings with prospective financing sources and (B) participate in and assist the Buyer in the Buyer’s preparation of customary materials for meetings with rating agencies; (ii) providing the Buyer with such information as is reasonably available and as the Buyer’s prospective financing sources may reasonably request of Buyer in connection with the Financing, except as required by Law or to preserve any privilege from disclosure; (iii) providing customary assistance to the Buyer in the Buyer’s preparation or filing of security and collateral documents necessary in connection with such Financing; (iv) requesting releases of Encumbrances and pay-off letters in accordance with the terms hereof; and (v) furnishing the Buyer and its financing sources promptly with all documentation and other information required by Governmental Authorities in connection with the Financing under applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act, and in each case requested by Buyer in writing no later than ten calendar days prior to the Closing Date, provided, however, that with respect to clauses (i) through (v) above, the Seller will not be required to (a) obtain corporate approval for, execute or become bound by any agreement or document, (b) deliver any certificate or legal opinion (other than delivery of customary authorization letters and representations letters in connection with the Financing), (c) provide or do anything that would result in any material disruption to the operations or management of the Business, (d) incur any expense for which Seller is not reimbursed by Buyer or (e) take any action that conflicts with or results in any violation or breach of, or default under any applicable laws or contracts binding on the Seller or the Business.
