Common use of Vacation Accrual Rate Clause in Contracts

Vacation Accrual Rate. Vacation shall be earned and accrued on a monthly basis per hour of service, exclusive of overtime and added assignments. 7.2.1 During the first through the third year of continuous service the rate shall be .03846 hours per hour of paid service (10 days per year). 7.2.2 During the fourth through the tenth year of continuous service the rate shall be .05769 hours per hour of paid service (15 days per year). 7.2.3 During the eleventh through the fifteenth year of continuous service the rate shall be .07731 hours per hour of paid service (20 days per year). 7.2.4 After completion of the fifteenth year of continuous service the rate shall be .08462 hours per hour of paid service (22 days per year).

Vacation Accrual Rate. Vacation shall be earned and accrued on a monthly basis per hour of service, exclusive of overtime and added assignments. 7.2.1 During the first through the third year of continuous service the rate shall be .03846 .04615 hours per hour of paid service (10 12 days per year). 7.2.2 During the fourth through the tenth year of continuous service the rate shall be .05769 hours per hour of paid service (15 days per year). 7.2.3 During the eleventh through the fifteenth year of continuous service the rate shall be .07731 hours per hour of paid service (20 days per year). 7.2.4 After completion of the fifteenth year of continuous service the rate shall be .08462 hours per hour of paid service (22 days per year).