Determining Years of Service Sample Clauses

Determining Years of Service. A. Seniority - Seniority shall be defined as continuous length of service in the bargaining unit.
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Determining Years of Service. For the purpose of determining years of service in this Article only, the following shall be considered as days worked: Sickness certified by a licensed physician, authorized leave of absence, injury disabling an employee for work, absence due to compulsory forest fire fighting while in the active employ of the Company, days lost due to inclement weather when the majority of employees in the crew do not go out to work and periods of layoff when an employee's seniority is still active for recall purposes. Hourly employees will schedule vacations in such a manner to cause minimum disruption to job requirements. The vacation year shall be June 1 to May 31. Employees who wish to bid on prime vacation time (June, July, August and September) on the basis of their Company seniority, may do so by applying before May 1st in any calendar year. All employees shall be entitled to vacation with pay on the basis of their continuous service. Over 1 year less than 2 years - 2 weeks - 5%. Over 2 years less than 7 years - 3 weeks - 7%. Over 7 years less than 15 years - 4 weeks - 9%. Over 15 years less than 24 years - 5 weeks - 11%. Over 24 years - 6 weeks - 13%. Over 30 years - 7 weeks - 15%. Vacations are not accumulative from year to year, and any vacation pay left in accrual at the end of the vacation year will be paid out by separate cheque. Employees who do not qualify for twelve (12) month annual vacation pay due to layoff, sickness, or accident, may elect to take their eligible vacation at their hourly rate times forty (40) hours for hourly rated employees.
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Related to Determining Years of Service

  • Years of Service A Participant’s Years of Service shall include all service performed for the Employer and ¨ Shall ¨ Shall Not include service performed for the Related Employer.

  • Credited Service In addition to Current Credited Service the Adopting Employer may include as Credited Service the following types of service:

  • PERIOD OF SERVICE The Grant Services will commence on the Start Date and shall expire on the End Date as set forth in the SUMMARY PAGE.

  • 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.]

  • Hours of Service The minimum number of Hours of Service an Employee must complete during a vesting computation period to receive credit for a Year of Service is: (Choose (c) or (d)) [X] (c) 1,000 Hours of Service.

  • Annual Compensation The Executive's "Annual Compensation" for purposes of this Agreement shall be deemed to mean the highest level of base salary paid to the Executive by the Employers or any subsidiary thereof during any of the three calendar years ending during the calendar year in which the Date of Termination occurs.

  • Plan Year The year for the purposes of the plan shall be from September 1 of one year, to August 31, of the following year, or such other years as the parties may agree to.

  • Share Class Annual Compensation Rate Class R-1 1.00% Class R-2 0.75% Class R-2E 0.60% Class R-3 0.50% Class R-4 0.25% Class R-5 No compensation paid Class R-5E No compensation paid Class R-6 No compensation paid If you hold Plan accounts in an omnibus account (i.e., multiple Plans in one account on the books of the Funds), Plans that are added to the omnibus account after May 15, 2002 may invest only in R shares, and you must execute an Omnibus Addendum to the Selling Group Agreement, which you can obtain by calling our Home Office Service Team at 800/421-5475, extension 8.

  • Elective Deferrals (a) The Committee may establish procedures pursuant to which Employee may elect to defer, until a time or times later than the vesting of a Performance Share Unit, receipt of all or a portion of the shares of Common Stock deliverable in respect of a Performance Share Unit, all on such terms and conditions as the Committee (or its designee) shall determine in its sole discretion. If any such deferrals are permitted for Employee, then notwithstanding any provision of this Agreement or the Plan to the contrary, an Employee who elects such deferral shall not have any rights as a stockholder with respect to any such deferred shares of Common Stock unless and until the date the deferral expires and certificates representing such shares are required to be delivered to Employee. The foregoing notwithstanding, no deferrals of Dividend Equivalents related to any Performance Share Units under this Award will be permitted. Moreover, the Committee further retains the authority and discretion to modify and/or terminate existing deferral elections, procedures and distribution options. (b) Notwithstanding any provision to the contrary in this Agreement, if deferral of Performance Share Units is permitted, each provision of this Agreement shall be interpreted to permit the deferral of compensation only as allowed in compliance with the requirements of Section 409A of the Internal Revenue Code and any provision that would conflict with such requirements shall not be valid or enforceable. Employee acknowledges, without limitation, and consents that application of Section 409A of the Internal Revenue Code to this Agreement may require additional delay of payments otherwise payable under this Agreement. Employee and the Company further hereby agree to execute such further instruments and take such further action as reasonably may be necessary to comply with Section 409A of the Internal Revenue Code.

  • Grades of Service The Parties shall initially engineer and shall monitor and augment all trunk groups consistent with the Joint Process as set forth in Section 14.1 of this Attachment.

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