Common use of Rate of Accumulation Clause in Contracts

Rate of Accumulation. For sickness and other disability credits when an employee, other than casual, commences employment on the first day of the month, the employee shall be allowed without deduction in pay, one and one-quarter days for each month of service. Where an employee commences employment on or before the 15th of the month, the commencement date, for the purpose of this section only, shall be deemed to be the first of the month in which employment commenced. If the commencement date is after the 15th of the month, it shall be deemed to be the first of the following month. Monthly calculations are from the 16th of one month to the 15th of the following month.

Rate of Accumulation. ‌ For sickness and other disability credits when an employee, other than casual, commences employment on the first day of the month, the employee shall be allowed allowed, without deduction in pay, one and one-quarter (1.25) days for each month of service. Where an employee commences employment on or before the 15th fifteenth (15th) of the month, the commencement date, for the purpose of this section only, shall be deemed to be the first of the month in which employment commenced. If the commencement date is after the 15th fifteenth (15th) of the month, it shall be deemed to be the first of the following month. Monthly calculations are from the 16th of one month to the 15th of the following month.

Rate of Accumulation. For sickness and other disability credits when an employee, other than casual, commences employment on the first day of the month, the employee shall be allowed allowed, without deduction in pay, one and one-quarter (1.25) days for each month of service. Where an employee commences employment on or before the 15th of the month, the commencement date, for the purpose of this section only, shall be deemed to be the first of the month in which employment commenced. If the commencement date is after the 15th of the month, it shall be deemed to be the first of the following month. Monthly calculations are from the 16th of one month to the 15th of the following month.

Rate of Accumulation. For sickness and other disability credits when an employee, other than casual, commences employment on the first day of the month, month the employee shall be allowed without deduction in pay, one and one-quarter (1 1/4) days for each month of service. Where an employee commences employment on or before the 15th of the month, the commencement date, for the purpose of this section only, shall be deemed to be the first of the month in which employment commenced. If the commencement date is after the 15th of the month, it shall be deemed to be the first of the following month. Monthly calculations are from the 16th of one month to the 15th of the following month.