Common use of Gratuity Plan Clause in Contracts

Gratuity Plan. (a) Effective 2017 June 22, Employees with gratuity credits may withdraw in whole or in part those credits after five (5) years of continuous service in cash or on approval of the Chief Constable, as additional vacation. (b) Payment of the Gratuity in cash shall be computed at the time of withdrawal as follows: Gratuity Hours Withdrawn x Current Hourly Rate

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Gratuity Plan. (a) Effective 2017 June 2205, Employees employees with gratuity credits may withdraw in whole or in part those credits after five (5) years of continuous service in cash or on approval of the Chief ConstableDepartment Head, as additional vacation. (b) Payment of the Gratuity gratuity in cash shall be computed at the time of withdrawal as follows: Gratuity Hours Withdrawn x Current Hourly Rate:

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

AutoNDA by SimpleDocs

Gratuity Plan. (a) Effective 2017 June 22, 21: Employees with gratuity credits may withdraw in whole or in part those credits after five (5) years of continuous service in cash or on approval of the Chief ConstableDirector of Library Services, as additional vacation. (b) Payment of the Gratuity in cash shall be computed at the time of withdrawal as follows: Gratuity Hours Withdrawn x Current Hourly Rate:

Appears in 1 contract

Samples: Collective Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!