Unused Vacation Credit Sample Clauses

Unused Vacation Credit. It is the intent of the parties that employees shall be required to use Vacation Credit as vacation. However, where an employee does not use all or part of such Vacation Credit as vacation with pay during the year between vacation eligibility dates, any remaining hours of Vacation Credits will carryover into the next eligibility year. Vacation Credits so carried over must be used during the next eligibility year. Pay in lieu of Vacation Credits carried over will not be allowed until the end of the eligibility year following the eligibility year in which the carryover is made. tThe employee shall may request to receive pay in lieu of any remaining unused Vacation Credit. after reaching his/her next eligibility date. An exception to the foregoing will be to allow employees to elect carryover of vacation credits in order to meet extended vacation needs, provided the employee makes such election in writing at least ten (10) working days before the employee's next eligibility date. Once an employee elects this exception to carryover vacation, that election will remain in effect unless otherwise requested. Vacation credits so carried over must be used during the next eligibility year and pay in lieu of vacation credits carried over will not be allowed until the end of the eligibility year following the eligibility year in which the carryover election is made. All payments in lieu of vacations shall be made at the employee's rate in effect on the employee's current vacation eligibility date, including shift differential where applicable.
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Unused Vacation Credit. (a) It is the intent of the parties that employees shall be required to use vacation credits as vacation. However, where an employee does not use all or part of their vacation with pay during the year between vacation eligibility dates, the employee shall receive pay in lieu of any remaining unused vacation credits after reaching their next eligibility date.
Sample 1Sample 2
Unused Vacation Credit. It is the intent of the parties that employees shall be required to use Vacation Credit as vacation. However, where an employee does not use all or part of such Vacation Credit as vacation with pay during the year between vacation eligibility dates, the unused balance of vacation will be rolled over on the employee‘s next eligibility date, unless ten (10) or more working days before the employee‘s eligibility date, the employee requests in writing to be paid for any unused Vacation Credit. Vacation credits so carried over must be used during the next eligibility year. If not used within the following eligibility year, the employee will be paid for the unused Vacation Credit at his next eligibility date. All payments in lieu of vacations shall be made at the employee‘s rate in effect on the employee‘s current vacation eligibility date, including shift differential where applicable.
Sample 1Sample 2
Unused Vacation Credit. 35 It is the intent of the parties that employees shall be required 36 to use Vacation Credit as vacation. However, where an 37 employee does not use all or part of such Vacation Credit as 38 vacation with pay during the year between vacation eligibility 39 dates, the unused balance of vacation will be rolled over on the 40 employee‘s next eligibility date, unless ten (10) or more working 1 days before the employee‘s eligibility date, the employee 2 requests in writing to be paid for any unused Vacation Credit.
Sample 1Sample 2
Unused Vacation Credit. It is the intent of the parties that 17 employees shall be required to use Vacation Credit as vacation. 18 However, where an employee does not use all or part of such Vacation 19 Credit as vacation with pay during the year between vacation eligibility 20 dates, the employee shall receive pay in lieu of any remaining unused 21 Vacation Credit after reaching his/her next eligibility date. An 22 exception to the foregoing will be to allow employees to elect carryover 23 of vacation credits in order to meet extended vacation needs, provided 24 the employee makes such election in writing at least ten (10) working 25 days before the employee's next eligibility date. Once an employee 26 elects this exception to carryover vacation, that election will remain in 27 effect unless otherwise requested. Vacation credits so carried over 28 must be used during the next eligibility year and pay in lieu of vacation 29 credits carried over will not be allowed until the end of the eligibility 30 year following the eligibility year in which the carryover election is 31 made. All payments in lieu of vacations shall be made at the 32 employee's rate in effect on the employee's current vacation eligibility 33 date, including shift differential where applicable.
Sample 1
Unused Vacation Credit. It is the intent of the parties that 2 employees shall be required to use Vacation Credit as vacation. 3 However, where an employee does not use all or part of such Vacation 4 Credit as vacation with pay during the year between vacation eligibility 5 dates, any remaining hours of Vacation Credits will carryover into the 6 next eligibility year. Vacation Credits so carried over must be used 7 during the next eligibility year. Pay in lieu of vacation credits carried 8 over will not be allowed until the end of the eligibility year following 9 the eligibility year in which the carryover is made. tThe employee shall 10 may request to receive pay in lieu of any remaining unused Vacation 11 Credit. after reaching his/her next eligibility date. An exception to the 12 foregoing will be to allow employees to elect carryover of vacation 13 credits in order to meet extended vacation needs, provided the employee 14 makes such election in writing at least ten (10) working days before the 15 employee's next eligibility date. Once an employee elects this exception 16 to carryover vacation, that election will remain in effect unless 17 otherwise requested. Vacation credits so carried over must be used 18 during the next eligibility year and pay in lieu of vacation credits carried 19 over will not be allowed until the end of the eligibility year following 20 the eligibility year in which the carryover election is made. All 21 payments in lieu of vacations shall be made at the employee's rate in 22 effect on the employee's current vacation eligibility date, including shift 23 differential where applicable.
Sample 1
Unused Vacation Credit. (a) It is the intent of the parties that employees shall be required to use vacation credits as vacation. However, where an employee does not use all or part of his/her vacation with pay during the year between vacation eligibility dates, the employee shall receive pay in lieu of any remaining unused vacation credits after reaching his/her next eligibility date. (b) Employees may request to receive payment for unused vacation earned at May 31st by notifying the company in writing or vacation credits shall be carried over automatically. Vacation credits carried over must be used during the following June 1st to May 31st of the eligibility year. Pay in lieu of vacation credits carried over will not be allowed until the end of the eligibility year. (c) All payments in lieu of vacations shall be made at the employee's rate in effect on the current vacation eligibility date.
Sample 1
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Unused Vacation Credit. It is the intent of the parties that employees use vacation credit as vacation.
Sample 1
Unused Vacation Credit. Unused Vacation Credit" shall mean the credit made pursuant to the provisions of Section 3.1, if any.
Sample 1

Related to Unused Vacation Credit

  • Unused Vacation ASF Members may accumulate unused vacation to any amount provided that once during each fiscal year each ASF Member's accumulation must be reduced to two hundred and seventy-five (275) hours or less, unless the President determines that the ASF Member is unable to utilize vacation leave because of the requirements of the individual’s assignment or because of physical incapacity. This reduction must be accomplished on or before last day of the fiscal year. If this reduction is not accomplished on or before the last day of the fiscal year, the ASF Member’s accumulation shall automatically be reduced to two hundred and seventy-five (275) hours effective on the last day of the fiscal year, and the amount of accumulation over two hundred and seventy-five (275) hours will transfer to the ASF Member’s bank of lapsed sick leave (See Article 18, section C, Subd.2). Vacation leave accrued during the pay period that includes the last day of a fiscal year, will be credited to each ASF Member’s balance after deductions are made for vacation used and/or reduced pursuant this Subdivision.

  • Vacation Credit Any outstanding vacation entitlement for a person going on LTD will be paid in cash upon expiry of sick leave. The cash payment will be calculated on the base earnings at the expiration of sick leave for the prorated days of vacation entitlement, any outstanding lieu days, any outstanding floating statutory holidays, and banked time for 40-hour per week employees. No vacation entitlement, floating holidays, or banked time for 40-hour per week employees accrues while a member is in receipt of LTD benefits.

  • Vacation Credits All employees shall participate in the County’s Terminal Pay Plan (Plan). However, only the terminal paychecks (including unused vacation) of those employees who have reached the age of fifty-five (55) shall be placed into the Plan. These terminal paychecks shall be placed into the Plan on a pre-tax basis in accordance with the Plan, all applicable laws and all rules and regulations applicable to the Plan.

  • Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no later than the fiscal year immediately following the fiscal year in which it is earned. Following the completion of six (6) months of service, the employee shall be entitled to use earned paid vacation.

  • Vacation; Paid Time Off During the Employment Term, the Executive shall be entitled to paid vacation in accordance with the Company’s vacation policies, as in effect from time to time. The Executive shall receive other paid time-off in accordance with applicable law and the Company’s policies for executive officers as such policies may exist from time to time.

  • Vacation Days Employee shall be entitled to the same paid vacation days each calendar year during the term of this Employee Agreement as authorized by the Company for its other employees.

  • Accrued Vacation It is further agreed by the parties hereto that, upon sale or transfer of ownership of any store or upon dissolution of business, vacation pay for all months worked for which no vacation pay has been given shall be immediately paid to all employees coming under this Agreement, regardless of length of time said employee has been with the Employer.

  • 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 Leave Credits ‌ Full-time and part-time employees will be credited with vacation leave accrued monthly, according to the rate schedule and vacation leave accrual below.

  • Prime Time Vacation Period Subject to the provisions of this article, it is the intent of the parties that no employee will be restricted in the time of year they choose to take their vacation. The Employer will make every effort to allow employees to take their vacation during the period of April 15th to October 15th inclusive, which will be defined as the prime time vacation period.

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