Holiday allocation Sample Clauses

Holiday allocation. The 20 statutory days of holiday (4x the weekly working hours) are allocated in time and employees must take these days as much as possible in the year in which they are accrued, but no later than six months after the year in which they are accrued. An exception to this is possible for the situation in which employees work in a 4-shift system and have already taken sufficient system leave. If it is not possible to include these statutory days in the working schedule, the expiry period will be extended to 5 years after the date that these entitlements arise, in accordance with Article 7:640a of the Dutch Civil Code. In addition, there is the option to pay out days. The value is calculated as follows: the reference wage as defined in article 1.13 divided by the number of days the employee is paid per calendar year. Payment of unused vacation days or termination of employment is based on the reference salary over a period of 12 months, which is considered representative, immediately prior to the date of payment of vacation days or the end date of employment.
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Holiday allocation. The 20 statutory days of holiday (4x the weekly working hours) are allocated in time and employees must take these days as much as possible in the year in which they are accrued, but no later than six months after the year in which they are accrued. An exception to this is possible for the situation in which employees work in a continuous shift system and have already taken sufficient system leave. If it is not possible to include these statutory days in the working schedule, the expiry period will be extended to 5 years after the date that these entitlements arise, in accordance with Article 7:640a of the Dutch Civil Code. In addition, there is the option to pay out days. The value is calculated as follows: the reference wage as defined in article 1.13 divided by the number of days worked, in the working and resting shift.

Related to Holiday allocation

  • Holiday allowance A full-time Pharmacist who does not work on a holiday shall be paid eight (8) hours holiday allowance. A part-time Pharmacist shall receive holiday allowance as provided in Section D, below.

  • Laundry Allowance 15.6 All employees will be paid a laundry allowance of 10 cents per hour. RETIRING GRATUITIES Memorandum (from Appendix) The parties record their agreement that those former employees of Health Care Otago who were employed at Wakari Hospital as at 16/6/97 are now included in this agreement, and they shall retain their existing Health Care Otago (CEC 16/6/97 – 30/4/00) rights for restructuring/redundancy, gratuities, and Employer Superannuation Contributions.

  • INJURY ALLOWANCE 34.01 An employee injured on the job shall be paid for the balance of his or her shift on which the injury occurred if, as a result of such an injury, the employee is sent home by the Employer or is sent to an outside hospital and doctor at such hospital or the employee’s own doctor certifies that the employee should not return to work. The Employer will make available transportation for such injured employee.

  • Payment Allocation Subject to applicable law, your payments may be applied to what you owe the Credit Union in any manner the Credit Union chooses. However, in every case, in the event you make a payment in excess of the required minimum periodic payment, the Credit Union will allocate the excess amount first to the balance with the highest annual percentage rate and any remaining portion to the other balances in descending order based on applicable annual percentage rate.

  • Allocations The profits and losses of the Company shall be allocated to the Members in accordance with their Percentage Interests from time to time.

  • Tax Allocations Code Section 704(c).

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law.

  • Risk Allocation The Product is Regulatorily Continuing.

  • Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

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