MAXIMUM VACATION BALANCE Sample Clauses

MAXIMUM VACATION BALANCE. 5 Effective July 1, 2016, once the Classified Bargaining Unit Member’s vacation 6 leave balance reaches two (2) years (“vacation maximum amount”) of allocated 7 vacation leave, no more vacation may be accrued (earned) until he or she reduces the 8 accumulated vacation balance to below the vacation maximum amount either by 9 vacation cash-out or vacation use. Adjustments to stop and restart vacation accrual will 10 occur once per year, at the beginning of the fiscal year. No earning adjustments will 11 occur during the fiscal year.
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MAXIMUM VACATION BALANCE. Regular Earned Years of Working Days Working Hours Pay Status Per Hour Service Per Year Per Year Maximum Hours 0 through 08320 0460 0 through 4 12 (96) 192 08321 through 18720 0577 5 through 9 15 (120) 240 18721 through 29120 0615 10 through 14 16 (128) 256 29121 through 39520 0692 15 through 19 18 (144) 288 39521 through 41600 0769 20....................... 20 (160) 320 41601 through 43680 0807 21....................... 21 (168) 336 43681 through 45760 0846 22....................... 22 (176) 352 45761 through 47840 0885 23....................... 23 (184) 368 47841 through 49920 0923 24....................... 24 (192) 384 49921 through 52000 0961 25....................... 25 (200) 400 52001 through 54080 1000 26....................... 26 (208) 416 54081 through 56160 1038 27....................... 27 (216) 432 56161 through 58240 1076 28....................... 28 (224) 448 58241 through 60320 1115 29....................... 29 (232) 464 60321 and over 1153 30....................... 30 (240) 480
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MAXIMUM VACATION BALANCE. Full-time employees eligible for paid leave may
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MAXIMUM VACATION BALANCE. 18 A. All comprehensive leave eligible employees hired with the County on or before 19 December 31, 2019 may carryover up to four hundred eighty (480) hours of vacation leave to the 20 next calendar year. Carryover limits for part-time employees, or full-time employees who work a 21 schedule less than forty (40) hours every week, shall be prorated to their normal work hours. 22 B. All comprehensive leave eligible employees hired with the County after December 23 31, 2019 may carryover up to three hundred twenty (320) hours of vacation leave to the next calendar 24 year. 25 C. Employees must use vacation leave in excess of the maximum carryover amount 26 on or before the last day of the pay period that includes December 31 of each year. Failure to use 27 vacation leave beyond the maximum carryover amount will result in forfeiture of the vacation leave 28 beyond the maximum amount unless the Director has approved a carryover of such vacation leave 1 because of cyclical workloads, work assignments or other reasons as may be in the best interests of 2 the County.
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MAXIMUM VACATION BALANCE. Effective July 1, 2016, once the Classified Bargaining Unit Member’s vacation leave balance reaches two (2) years (“vacation maximum amount”) of allocated vacation leave, no more vacation may be accrued (earned) until he or she reduces the accumulated vacation balance to below the vacation maximum amount either by vacation cash-out or vacation use. Adjustments to stop and restart vacation accrual will occur once per year, at the beginning of the fiscal year. No earning adjustments will occur during the fiscal year. The District reserves the right to issue a one-time payout of the excess vacation for Classified Bargaining Unit Members who, effective July 1, 2016, have accrued unused vacation which exceeds the vacation maximum amount. Classified Bargaining Unit Members qualifying for a payout under this provision will be subject to all provisions of this Article, including but not limited to the vacation maximum amount. This paragraph will sunset on September 1, 2016.
Sample 1
MAXIMUM VACATION BALANCE. Employees may maintain a maximum vacation balance of two hundred forty (240) hours, plus their annual accrual. An employee may not accrue additional paid vacation leave after the maximum accrual has been earned and remains unused. However, the City Manager or designee may increase the maximum accrual when hardship is proven to the City Manager’s satisfaction.
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Related to MAXIMUM VACATION BALANCE

  • Vacation Leave Accrual Rate Schedule Full Years of Service Hours Per Year

  • Minimum Balance Xxxxxxxx agrees to maintain a minimum balance of funds in the Settlement Account as Processor may specify to Merchant in writing from time to time.

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Maximum Contribution The total amount you may contribute to an IRA for any taxable year cannot exceed the lesser of 100 percent of your compensation or $6,000 for 2019 and 2020, with possible cost- of-living adjustments each year thereafter. If you also maintain a Xxxx XXX (i.e., an IRA subject to the limits of Internal Revenue Code Section (IRC Sec.) 408A), the maximum contribution to your Traditional IRAs is reduced by any contributions you make to your Xxxx IRAs. Your total annual contribution to all Traditional IRAs and Xxxx IRAs cannot exceed the lesser of the dollar amounts described above or 100 percent of your compensation.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Vacation Usage Each department or agency head shall be responsible for scheduling the vacation periods of their employees in such a manner as to achieve the most efficient functioning of the department or agency and the County service. The granting of a vacation period less than the employee's annual entitlement is to be discouraged so that the full benefit of the vacation plan can be realized by each employee. The appointing authority shall determine when vacations will be taken.

  • Vacation Allowance Employees in permanent positions are entitled to vacation with pay. Accrual is based upon straight time hours of working time per calendar month of service and begins on the date of appointment to a permanent position. Increased accruals begin on the first of the month following the month in which the employee qualifies. Accrual for portions of a month shall be in minimum amounts of one (1) hour calculated on the same basis as for partial month compensation pursuant to Section 5.6 of this MOU. Vacation credits may be taken in one (1) minute increments but may not be taken during the first six (6) months of employment (not necessarily synonymous with probationary status) except where sick leave has been exhausted; and none shall be allowed in excess of actual accrual at the time vacation is taken.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Over-Allowance Amount On the Cost Proposal Delivery Date and, in any event, prior to the commencement of the construction of the Tenant Improvements, Tenant shall deliver to Landlord cash in an amount (the “Over-Allowance Amount”) equal to the difference between (i) the amount of the Cost Proposal and (ii) the amount of the Tenant Improvement Allowance (less any portion thereof already disbursed by Landlord, or in the process of being disbursed by Landlord, on or before the Cost Proposal Delivery Date). The Over-Allowance Amount shall be disbursed by Landlord prior to the disbursement of any then remaining portion of the Tenant Improvement Allowance, and such disbursement shall be pursuant to the same procedure as the Tenant Improvement Allowance. If, after the Cost Proposal Date, any revisions, changes, or substitutions shall be made to the Construction Drawings or the Tenant Improvements as a result of requests made by Tenant or as otherwise specified in Section 5.01(h) below, any additional costs which arise in connection with such revisions, changes or substitutions shall be paid by Tenant to Landlord immediately upon Landlord’s request as an addition to the Over-Allowance Amount and, in any event, prior to the commencement of the construction of the revisions, changes or substitutions. Promptly following completion of construction of the Tenant Improvements and payment of all costs incurred in connection therewith, Landlord shall prepare and deliver to Tenant a reasonably detailed reconciliation of (i) the total cost of the Tenant Improvements, including all Tenant Improvement Allowance Items, and (ii) the total amount of the Tenant Improvement Allowance and the Over-Allowance Amount payments previously made by Tenant pursuant to the foregoing provisions of this Section. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements exceeds the amount of the Tenant Improvement Allowance plus all Over-Allowance Amount previously paid by Tenant, Tenant shall pay the amount of such shortfall to Landlord within thirty (30) days after receipt of such reconciliation. To the extent that such reconciliation discloses that the total costs of the Tenant Improvements is less than the amount of the Tenant Improvement Allowance plus all Over-Allowance Amounts previously paid by Tenant, Landlord shall pay the amount of such overage to Tenant at the time that Landlord delivers such reconciliation to Tenant.

  • Maximum Compensation There is a maximum compensation for this Agreement and a separate maximum compensation for each Approved Service Order.

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