Unused Vacation Leave Sample Clauses

Unused Vacation Leave. ‌ A. An employee may surrender unused vacation hours and receive regular hourly wages for those hours surrendered. B. These hours shall not count as hours worked for the purpose of computing overtime from any pay period in which they are surrendered.
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Unused Vacation Leave. Employees who retire from the District will be paid on a per diem basis at their then current rate of pay for any accumulated, unused vacation leave days. Any employee who becomes a Principal, Vice Principal or a Supervisor after July 1, 1997 shall be limited to payment for 100 accumulated, unused vacation leave days. Employees shall only be allowed to carry over unused vacation leave days into the following school year upon the prior approval of the Superintendent of Schools.
Unused Vacation Leave. Two (2) weeks of unused vacation may be carried over into the following calendar year by full-time and part time hourly employees, provided the request is made in writing to the Director by October 1st and the Director has approved the request. Employees may choose to be paid for accumulated unused vacation at the end of the current work year up to a maximum of one (1) week. The Director shall respond to requests for carryover within fourteen (14) days of receipt of the request. Employees cannot retain more than thirty (30) vacation days at any time and any unused days beyond that number will be lost. All accumulated vacation leave that is not used at the end of the second (2nd) year will be lost.
Unused Vacation Leave. Where in any vacation year a worker has not been granted all of the vacation leave credited to her, the unused portion of her vacation leave shall be carried over into the following vacation year. Any vacation leave carried over from the previous year or prior years is considered, for the purposes of clause 22.04, as having been earned during the current year.
Unused Vacation Leave. On June 30th of each year of this Agreement, the District shall redeem each day of unused vacation leave up to a maximum of 16 days, at his per diem rate, which shall be calculated by dividing the Superintendent’s then-current gross annual salary by 260. The full redemption amount for the sixteen (16) unused vacation days shall be deposited as a non-elective employer contribution to the account established for the Superintendent in either the 403(b) tax sheltered annuity plan or the Section 457 plan; provided, however, that the timing and amount of such contributions shall be subject to any restrictions imposed by law. Any accrued but unused vacation leave which is not redeemed pursuant to this Paragraph will be carried forward for use in subsequent year(s). In the event that Dr. Doll separates from his employment at or before the end of the Term of this Agreement for any reason except his termination for cause in accordance with Section 1080 of the Public School Code, 24 P.S. 10-1080, the District shall redeem all of the Superintendent’s unused days of vacation leave at the Superintendent’s then-current per diem rate for each day of unused vacation leave. Such redemption amount for unused vacation leave at retirement shall be made in the form of a non- elective employer contribution into a 403(b) plan for the Superintendent. If the redemption amount exceeds the contribution limits under Section 415(c) of the Internal Revenue Code, the excess shall be contributed in subsequent years until such payment is fully made, subject to the limitations of the Internal Revenue Code. There is no cash option for such payments for unused vacation leave.
Unused Vacation Leave. Any employee who is eligible for Vacation leave benefits and terminates his or her employment with the CITY will be paid for any unused Vacation leave hours.

Related to Unused Vacation Leave

  • 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 Leave 11.1 Employees will retain and carry forward any eligible and unused vacation leave that was accrued prior to the effective date of this Agreement.

  • Annual Vacation Leave 33.01 An Employee shall not take vacation leave without prior authorization from the Employer. 33.02 Vacation entitlements with pay, shall be as follows: (a) an Employee who has completed less than twelve (12) full months' service as of December 31st, shall receive one and one-quarter (1 1/4) work days' vacation for each calendar month worked from the commencement of service, provided that when employment has commenced on or before the fifteenth (15th) day of any month, vacation entitlements shall be earned from the first (1st) day of that month, and when employment has commenced on or after the sixteenth (16th) day of any month vacation entitlements shall be earned from the first day of the following month; (b) an Employee who has completed twelve (12) full calendar months' service as of December 31st, shall receive fifteen (15) work days' vacation; (c) an Employee who has completed five (5) years' service as of December 31st shall in the subsequent year(s) receive twenty (20) work days' vacation; (d) an Employee who has completed thirteen (13) years' service as of December 31st shall in the subsequent year(s) receive twenty-five (25) work days' vacation; (e) an Employee who has completed twenty-one (21) years' service as of December 31st shall in the subsequent year(s) receive thirty (30) work days' vacation; (f) an Employee who has completed thirty (30) years' service as of December 31st shall in the subsequent year(s) receive thirty-five (35) work days vacation. 33.03 All calculations which result in one quarter (1/4) or three quarters (3/4) work day fractions shall be rounded out to the next one half (1/2) or full day, whichever applies; except when vacation pay is paid out upon termination pursuant to Clause 33.11. 33.04 If a paid holiday falls during an Employee's annual vacation period, the Employee shall be granted an equivalent day of vacation credit. 33.05 An Employee shall earn vacation leave pursuant to Clause 33.02 when authorized the following absences: (a) financially assisted Education Leave; (b) sick leave or Workers' Compensation for the first forty-four (44) consecutive work days; (c) any other authorized leave of absence with pay for the first twenty-two (22) work days. 33.06 Vacation leave may be taken in one continuous period or in separate periods. 33.07 Except as is otherwise provided herein, vacation leave in respect of each year of service shall be taken: (a) within twelve (12) months after the end of that year; and (b) at such time or times as may be approved by the Employer; or with the approval of the Employer, before the end of that year. 33.08 Notwithstanding the: (a) other provisions of this Article, and subject to operational requirements, an Employee who so requests may be authorized to take vacation leave which has been earned at a specified time within the year in which it was earned, and the vacation leave to be taken by the Employee in the following year shall be correspondingly reduced. (b) where a terminated Employee has taken more vacation than they are entitled, the Employer is authorized to recover the monies from the Employee’s final pay cheque. 33.09 Where an Employee is allowed to take any leave of absence, other than sick leave, in conjunction with a period of vacation leave, the vacation leave shall be deemed to precede the additional leave of absence, except in the case of maternity leave which may be authorized before or after vacation leave. 33.10 Once vacations are authorized they shall not be changed, other than in cases of emergency, except by mutual agreement. 33.11 An Employee shall not be paid cash in lieu of vacation earned but not taken, except upon termination, when the Employee shall be paid in cash for the total vacation entitlement standing to the Employee's credit at the termination date. 33.12 The Employer shall, subject to operational requirements make every reasonable effort to grant an Employee, upon request, at least two (2) weeks of annual vacation entitlement during the summer months.

  • Recall from Vacation Leave When during any period of vacation leave an employee is recalled to duty, he shall be reimbursed for reasonable expenses, as normally defined by the Employer, that he incurs:

  • Vacation Leave Maximum Employees may accumulate maximum vacation leave balances not to exceed two hundred and forty (240) hours. However, there are two (2) exceptions that allow vacation leave to accumulate above the maximum: A. If an employee’s request for vacation leave is denied by the Employer, and the employee is close to the vacation leave maximum, the Employer will grant an extension for each month that the Employer must defer the employee’s request for vacation leave. B. An employee may also accumulate vacation leave days in excess of two hundred and forty (240) hours as long as the employee uses the excess balance prior to the employee’s anniversary date. Any leave in excess of the maximum that is not deferred in advance of its accrual as described above, will be lost on the employee’s anniversary date.

  • 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.

  • 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 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.

  • Vacation During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of the Company and its affiliated companies as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

  • Vacation; Sick Leave During the Employment Term, the Executive shall be entitled to not less than four (4) weeks of vacation during each calendar year and sick leave in accordance with the Company’s policies and practices with respect to its executives.

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