STO Bank Accrual Sample Clauses

STO Bank Accrual. Each employee shall be entitled to annual Scheduled Time Off. Scheduled time off is earned on an hourly basis. For purposes of this section, a day is defined as eight (8) work hours. The accrual schedule shall be as follows: TOTAL HOURLY SERVICE YEARS YEARLY ACCRUAL ACCRUAL MAXIMUM & WORK DAY ACCRUAL IN FACTOR FACTOR ALLOWABLE EQUIVALENT WORKDAYS PER HOUR PER PP BALANCE 1st year 1st through 261 days 19 .073076 5.846 57 work days 2nd through 4th year 262 through 1044 days 21 .080769 6.461 63 work days 5th through 9th year 1045 through 2349 days 25 .096153 7.692 75 work days 10th through 14th year 2350 through 3654 days 27 .103846 8.307 81 work days 15th through 19th year 3655 through 4959 days 29 .111538 8.923 87 work days 20th and thereafter 4960 days 31 .119230 9.538 93 work days
AutoNDA by SimpleDocs
STO Bank Accrual. Each employee shall be entitled to annual Scheduled Time Off. Scheduled time off is earned on an hourly basis. For purposes of this section, a day is defined as eight (8) work hours. The accrual schedule shall be as follows: TOTAL HOURLYRVICE YEARS YEARLY ACCRUAL ACCRUAL MAXIMUM & WORK DAY ACCRUAL IN FACTOR FACTOR ALLOWABLE EQUIVALENT WORKDAYS PER HOUR PER PP BALANCE 1st year 1st through 261 days 19 .073076 5.846 57 work days 2nd through 4th year 262 through 1044 days 21 .080769 6.461 63 work days 5th through 9th year 1045 through 2349 days 25 .096153 7.692 75 work days SE 10th through 14th year 2350 through 3654 days 27 .103846 8.307 81 work days 15th through 19th year 3655 through 4959 days 29 .111538 8.923 87 work days 20th and thereafter 4960 days 31 .119230 9.538 93 work days b) Pre-Scheduled Usage Scheduled Time Off may be used for any lawful purpose by the employee; the time requested shall require the approval of management with due consideration of employee convenience and administrative requirements.

Related to STO Bank Accrual

  • Bank Account Payments shall be made to the Contractor’s bank account denominated in euro, identified as follows: Name of bank: [complete] Address of branch in full: [complete] Exact designation of account holder: [complete] Full account number including codes: [complete] [IBAN code: [complete]]

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

  • Bank Accounts The Custodian shall identify on its books as belonging to the applicable Fund cash (including cash denominated in foreign currencies) deposited with the Custodian. Where the Custodian is unable to maintain, or market practice does not facilitate the maintenance of, cash on the books of the Custodian, a bank account or bank accounts shall be opened and maintained outside the United States on behalf of a Portfolio with a Foreign Sub-Custodian. All accounts referred to in this Section shall be subject only to draft or order by the Custodian (or, if applicable, such Foreign Sub-Custodian) acting pursuant to the terms of this Agreement to hold cash received by or from or for the account of the Portfolio. Cash maintained on the books of the Custodian (including its branches, subsidiaries and affiliates), regardless of currency denomination, is maintained in bank accounts established under, and subject to the laws of, The Commonwealth of Massachusetts.

  • Vacation Accrual Regular employees shall accrue hours of vacation with pay for each hour of compensation to a maximum of eighty (80) hours per biweekly work period according to the following schedule, commencing with the employee's hire date of his latest period of County employment.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!