Common use of Procedure for Payment of Vacation and Holiday Pay Clause in Contracts

Procedure for Payment of Vacation and Holiday Pay. The following system shall be implemented regarding the payment of vacation and holiday pay: 1. Producers which currently pay for vacations and holidays on a weekly basis shall continue to adhere to their existing practice. 2. Producers which currently pay for vacations and holidays at the end of the calendar year shall comply with the following procedure: a. On or about March 15 of the year following the calendar year in which vacation and/or holiday pay was earned, employees and their Local Unions will be notified as to the amount of vacation and holiday pay earned in the preceding year. Employees on payroll may request vacation and holiday pay and schedule their vacations according to the Agreement. Employees on layoff may claim vacation and holiday pay pursuant to the provisions of the existing Agreement. b. In or about February of the second calendar year following the year in which vacation and/or holiday pay was earned ("the second calendar year"), employees who have not taken or claimed vacation or holiday pay, and their Local Union, will be notified that they must claim such pay by June 1 of that year. On or about May 15 of the second calendar year, the Local Union will be notified that, unless claimed by June 15, unclaimed vacation and holiday pay will be paid to the Motion Picture Industry Pension Plan. On or about June 15 of the second calendar year, unclaimed vacation and holiday pay will be contributed to the Motion Picture Industry Pension Plan and credited to the appropriate employee pension plan account.

Procedure for Payment of Vacation and Holiday Pay. The following system shall be implemented regarding the payment of vacation and holiday pay: 1. Producers which currently pay for vacations and holidays on a weekly basis shall continue to adhere to their existing practice. 2. Producers which currently pay for vacations and holidays at the end of the calendar year shall comply with the following procedure: a. On or about March 15 of the year following the calendar year in which vacation and/or holiday pay was earned, employees and their Local Unions will be notified notified as to the amount of vacation and holiday pay earned in the preceding year. Employees on payroll may request vacation and holiday pay and schedule their vacations according to the Agreement. Employees on layoff may claim vacation and holiday pay pursuant to the provisions of the existing Agreement. b. In or about February of the second calendar year following the year in which vacation and/or holiday pay was earned ("the second calendar year"), employees who have not taken or claimed vacation or holiday pay, and their Local Union, will be notified notified that they must claim such pay by June 1 of that year. On or about May 15 of the second calendar year, the Local Union will be notified notified that, unless claimed by June 15, unclaimed vacation and holiday pay will be paid to the Motion Picture Industry Pension Plan. On or about June 15 of the second calendar year, unclaimed vacation and holiday pay will be contributed to the Motion Picture Industry Pension Plan and credited to the appropriate employee pension plan account.or

Procedure for Payment of Vacation and Holiday Pay. The following system shall be implemented regarding the payment of vacation and holiday pay: 1. Producers which currently pay for vacations and holidays on a weekly basis shall continue to adhere to their existing practice. 2. Producers which currently pay for vacations and holidays at the end of the calendar year shall comply with the following procedure: a. On or about March 15 of the year following the calendar year in which vacation and/or holiday pay was earned, employees and their Local Unions will be notified as to the amount of vacation and holiday pay earned in the preceding year. Employees on payroll may request vacation and holiday pay and schedule their vacations according to the Agreement. Employees on layoff may claim vacation and holiday pay pursuant to the provisions of the existing Agreement. b. In or about February of the second calendar year following the year in which vacation and/or holiday pay was earned ("the second calendar year"), employees who have not taken or claimed vacation or holiday pay, and their Local Union, will be notified that they must claim such pay by June 1 of that year. On or about May 15 of the second calendar year, the Local Union will be notified that, unless claimed by June 15, unclaimed vacation and holiday pay will be paid to the Motion Picture Industry Pension Plan. On or about June 15 of the second calendar year, unclaimed vacation and holiday pay will be contributed to the Motion Picture Industry Pension Plan and credited to the appropriate employee pension plan account.or

Procedure for Payment of Vacation and Holiday Pay. The following system shall be implemented regarding the payment of vacation and holiday pay:. 1. Producers which currently pay for vacations and holidays on a weekly basis shall continue to adhere to their existing practice. 2. Producers which currently pay for vacations and holidays at the end of the calendar year shall comply with the following procedure: a. On or about March 15 of the year following the calendar year in which vacation and/or holiday pay was earned, employees and their Local Unions the Union will be notified as to the amount of vacation and holiday pay earned in the preceding year. Employees on payroll may request vacation and holiday pay and schedule their vacations according to the Agreement. Employees on layoff may claim vacation and holiday pay pursuant to the provisions of the existing Agreement. b. 2. In or about February of the second calendar year following the year in which vacation and/or holiday pay was earned ("the second calendar year"), employees who have not taken or claimed vacation or holiday pay, and their Local the Union, will be notified that they must claim such pay by June 1 of that year. On or about May 15 of the second calendar year, the Local Union will be notified that, unless claimed by June 15, unclaimed vacation and holiday pay will be paid to the Motion Picture Industry Pension Plan. On or about June 15 of the second calendar year, unclaimed vacation and holiday pay will be contributed to the Motion Picture Industry Pension Plan and credited to the appropriate employee employee's pension plan account.

Procedure for Payment of Vacation and Holiday Pay. The following system shall be implemented regarding the payment of vacation and holiday pay: 1. Producers which currently pay for vacations and holidays on a weekly basis shall continue to adhere to their existing practice. 2. Producers which currently pay for vacations and holidays at the end of the calendar year shall comply with the following procedure: a. On or about March 15 of the year following the calendar year in which vacation and/or holiday pay was earned, employees and their Local Unions the Union will be notified as to the amount of vacation and holiday pay earned in the preceding year. Employees on payroll may request vacation and holiday pay and schedule their vacations according to the Agreement. Employees on layoff may claim vacation and holiday pay pursuant to the provisions of the existing Agreement. b. 2. In or about February of the second calendar year following the year in which vacation and/or holiday pay was earned ("“the second calendar year"”), employees who have not taken or claimed vacation or holiday pay, and their Local the Union, will be notified that they must claim such pay by June 1 of that year. On or about May 15 of the second calendar year, the Local Union will be notified that, unless claimed by June 15, unclaimed vacation and holiday pay will be paid to the Motion Picture Industry Pension Plan. On or about June 15 of the second calendar year, unclaimed vacation and holiday pay will be contributed to the Motion Picture Industry Pension Plan and credited to the appropriate employee employee’s pension plan account.