Four Years’ Service Sample Clauses

Four Years’ Service a) An employee with twenty-four (24) or more years’ consecutive service shall receive six (6) weeks vacation with vacation pay based on the greater of thirteen percent (13%) of the wages or salary earned during the period of entitlement, or two hundred and forty (240) hours at the hourly rate of the employee’s regular job.
AutoNDA by SimpleDocs

Related to Four Years’ Service

  • Years of Service Any teacher placed on such leave may engage in teaching or any other occupation during such period, may be eligible for unemployment insurance if otherwise eligible for such compensation under the law, and such leave will not result in a loss of credit for years of service in the School District earned prior to the commencement of such leave.

  • Credited Service A year of “Credited Service” shall mean a calendar year in which the Participant is paid for at least 1,000 hours of service (as defined in the frozen Hasbro Pension Plan) as an employee of the Company or of a Subsidiary of the Company. A Participant does not need to be, or have been, a participant in the Hasbro Pension Plan.

Time is Money Join Law Insider Premium to draft better contracts faster.