Common use of Loss of Holiday Clause in Contracts

Loss of Holiday. If an employee is off without pay because of an unexcused absence either the work day before or the work day after a holiday, or fails to work scheduled work on the holiday and is unexcused, he/she forfeits that holiday pay. Holiday pay ceases during any period an em- ployee is not being paid his/her regular salary or wage. Where an employee works on the day(s) Columbus Day, President's Day, and/or Veteran's Day are traditionally observed, the employee will receive holiday pay if she/he is available, but not scheduled to work during the payroll periods during which the University observes those holidays.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Loss of Holiday. If an employee is off without pay because of an unexcused absence either the work day before or the work day after a holiday, or fails to work scheduled work on the holiday and is unexcused, he/she forfeits that holiday pay. Holiday pay ceases during any period an em- ployee employee is not being paid his/her regular salary or wage. Where an employee works on the day(s) Columbus Day, President's Day, and/or Veteran's Day are traditionally observed, the employee will receive holiday pay if she/he is available, but not scheduled to work during the payroll periods during which the University observes those holidays.

Appears in 2 contracts

Samples: Agreement, Agreement

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