Holidays and Vacation A) Employee shall be paid for the following seven (7) holidays: New Year's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and the day after Thanksgiving, and Christmas Day and all other holidays for Employees of the Company as approved by the Chief Executive Officer or Board of Directors.
VACATIONS Section 29.1 Accrual All officers and firefighters shall earn vacation time as follows, which may be taken as shifts or on an hourly basis. Employees shall begin accruing vacation time as of their first assigned twenty-four (24) hour shift after they have been hired as a full-time employee of the District. Employees may not schedule vacation time off until the first day following the one (1) year anniversary of their hire date. For the purpose of this Article, a year is defined as the 365-day period from an employee’s hire date and each subsequent 365-day period beginning with the day following the employee’s date of hire. Start of Year 2 of Employment 120 Hours Per Year Start of Year 3 and 4 of Employment 144 Hours Per Year Start of Year 5 through Year 9 of Employment 168 Hours Per Year Start of Year 10 through Year 14 of Employment 216 Hours Per Year Start of Year 15 through Year 19 of Employment 264 Hours Per Year Start of Year 20 of Employment and further 312 Hours Per Year Year 2 through 5 of Employment 80 Hours Per Year Year 6 through Year 9 of Employment 120 Hours Per Year Year 10 through Year 14 of Employment 160 Hours Per Year Year 15 through Year 19 of Employment 200 Hours Per Year Year 20 and all subsequent years of Employment 240 Hours Per Year Employees may carry over vacation time to be used to the following year. No more than five (5) workdays may be carried over to the following year. Unused vacation time not used and not available to be carried over to the following year will be paid on the first pay period after the employee’s anniversary date of hire. Upon separation of service all accrued but unused vacation time and compensatory time will be paid on the employee’s final paycheck. The payouts shall be paid out in accordance to Article 21 of this agreement.
Vacation and Sick Leave During the Term, Executive shall be entitled to (a) sick leave in accordance with the Company’s policies applicable to similarly situated executive officers of the Company from time to time and (b) 4 weeks paid vacation each calendar year (up to 40 hours of which may be carried forward to a succeeding year).