FISCAL YEAR BASIS Clause Samples

FISCAL YEAR BASIS. Vacation leave shall be computed and scheduled on a fiscal year basis (October 1 through September 30). Vacation leave for seniority employees shall be computed as of October 1 of each year in accordance with their credited service in the preceding fiscal year, but in no event shall an employee accrue more than six (6) weeks vacation leave with 240 hours pay. Vacation leave must be taken during the fiscal year following the fiscal year in which it is earned. Vacation leave cannot be taken during the fiscal year in which it is earned.
FISCAL YEAR BASIS. The profits and losses of the Partnership and its books of account shall be maintained on a fiscal year basis ending on December 31 of each year.
FISCAL YEAR BASIS. Vacation leave shall be accrued on a bi-weekly basis beginning the date of hire. Vacation will be scheduled on a fiscal year basis (October 1st through September 30th).