Vacation and Pay Sample Clauses

Vacation and Pay. Vacation eligibility is resolved on the principle that the employee receives all vacation and vacation pay earned.
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Vacation and Pay. ‌ 10.1 Employees (excluding part-time employees) shall receive vacation time off and vacation pay on the follow ing basis: (a) Employees w ho have less than one (1) year of service, shall earn vacation pay at the rate of four (4%) percent of their earnings for the purpose of vacation pay and time off in the follow ing vacation year. (b) Employees w ho have one (1) year or more but less than five (5) years of service shall receive for vacation, time off of tw o (2) w eeks and shall receive vacation pay at the rate of four (4%) percent of their earnings. (c) Effective January 1, 2014: Employees w ho have four (4) years or more but less than nine (9) years of service shall receive vacation time of three (3) w eeks and shall receive vacation pay at the rate of six (6%) percent of their earnings. (d) Effective January 1, 2014: Employees w ho have nine (9) years or more of service, shall receive vacation time of four (4) w eeks and shall receive vacation pay at the rate of eight (8%) percent of their earnings. (e) Earnings shall for the purpose of calculating vacation pay, accrue from the first (1st) day of July each calendar year to the thirtieth (30th) of June in each calendar year. Earnings shall include any regular w ages paid and overtime pay only. Any Workers’ compensation payments, severance or other gratuitous payments shall not be considered earnings. A statement of earnings w ill be provided to each employee. (f) Service for the purpose of calculating vacation pay shall be established as of July 1, of each year. (g) The Parties in establishing the provisions as set out below w ith respect to vacation scheduling recognize that unforeseen events or circumstances may occur that w ould result in alterations to any vacation schedule set. The Parties agree to review such circumstances w ith a view to minimizing disruption to both operational requirements and employees. 10.2 Part-time employees w ho have less than five (5) years service w ith the City shall receive vacation pay on the basis of four percent (4%) of their gross earnings. Part-time employees w ho have complet ed five (5) or more years of service w ith the City shall receive vacation pay on the basis of six percent (6%) of the gross earnings. Gross earnings shall be calculated as set out in Clause 10.1(e) above. 10.3 In any case of personal illness or non-compensable injury the City shall have the right to request a medical certificate from the employee. If the employee elects to be examined by a...
Vacation and Pay. Section 1: For the period from the date as of which an employee is credited with Company Seniority until the following January 1, an employee will accrue vacation credits at the rate of three and one-third (3.333) hours for each full month worked. The month in which the employee is hired will be counted as a full month if employment starts on or before the fifteenth (15th); otherwise, it will be disregarded. The credits accrued during this period will become available to the employee on his/her first (1st) anniversary date and must be liquidated (by time off or payment in lieu thereof) by the next January 1. No vacation will be given or payment in lieu thereof made to an employee who has worked less than twelve (12) months. Section 2: Thereafter, during each calendar year, an employee will accrue a vacation credit for each month worked at the applicable rate dependent on the amount of his/her Seniority, which credits shall become available on the following January 1, and must be liquidated during the calendar year commencing on such date. The amount of vacation credit for each month worked shall be: Length of Service Earned Hours Rate Vacation Hours One (1) but less than two (2) years Seniority 3.333 Full vacation of 40 hours Two (2) but less than eight (8) years Seniority 6.666 Full vacation of 80 hours Eight (8) but less than eighteen (18) years Seniority 10.000 Full vacation of 120 hours Eighteen (18) or more years Seniority 13.333 Full vacation of 160 hours On the date when an employee attains Seniority entitling him/her to accrue vacation credits at a higher rate, vacation credits already accrued in the calendar year in which such Seniority is attained shall be converted to a higher rate and the provisions of ARTICLE 22 VACATION AND PAY, Section 3 below will be applied.
Vacation and Pay. Vacations are granted for the purpose of affording a period of rest and recreation. Vacations are earned in the current year and granted in the following year. Vacations may not be postponed from one year to another or waived to draw double pay, nor shall any employee during the vacation period substitute for another employee. Management shall schedule vacations in keeping with efficiency. 10.1 Employees (excluding part-time employees) shall receive vacation time off and vacation pay on the following basis: (a) Employees who have less than one (1) year of service, and who have joined the City between May 1st and December 31st shall earn one (1) week of vacation entitlement and shall receive vacation pay at 40 hours per week. (b) Employees who have less than one (1) year of service, and who have joined the City between January 1st and April 30th shall earn two (2) weeks of vacation entitlement and shall receive pay at 40 hours per week. (c) Employees who have one (1) year or more but less than four (4) years of service shall receive vacation time of two (2) weeks and shall receive pay at 40 hours per week. (d) Employees who have four (4) years or more but less than nine (9) years of service shall receive vacation time of three (3) weeks and shall receive vacation pay at 40 hours per week. (e) Employees who have nine (9) years or more but less than eighteen (18) years of service, shall receive vacation time of four (4) weeks and shall receive vacation pay at 40 hours per week. (f) Employees who have eighteen (18) years or more but less than twenty- four (24) years of service shall receive vacation time of five (5) weeks and shall receive vacation pay at 40 hours per week. (g) Employees who have twenty-four (24) years or more of service, shall receive vacation time of six (6) weeks and shall receive vacation pay at 40 hours per week. Pursuant to the Albertyn Award dated July 29, 2019, for any employee eligible for six (6) weeks’ vacation, the Employee shall have the election of scheduling at least five (5) vacation days as split days in 2020 and/or having the balance of the five (5) days paid out in March 2020. (h) The Parties in establishing the provisions as set out below with respect to vacation scheduling recognize that unforeseen events or circumstances may occur that would result in alterations to any vacation schedule set. The Parties agree to review such circumstances with a view to minimizing disruption to both operational requirements and employees.
Vacation and Pay. APPLIES except for the 4 Shift Controllers that were frozen at their current level of vacation entitlement as of April 1, 2015, provided the Shift Controller position remains their substantive position without interruption. In the event that the collective agreement provides a superior vacation entitlement these 4 employees will be so entitled provided that they are members of the bargaining unit and have retained seniority.
Vacation and Pay. ‌ 10.1 Employees (excluding part-time employees) shall receive vacation time off and vacation pay on the follow ing basis: (a) Employees w ho have less than one (1) year of service, shall earn vacation pay at the rate of four (4%) percent of their earnings for the purpose of vacation pay and time off in the follow ing vacation year. (b) Employees w ho have one (1) year or more but less than five (5) years of service shall receive for vacation, time off of tw o (2) w eeks and shall receive vacation pay at the rate of four (4%) percent of their earnings. (c) Employees w ho have four (4) years or more but less than nine (9) years of service shall receive vacation time of three (3) w eeks and shall receive vacation pay at the rate of six (6%) percent of their earnings. (d) Employees w ho have nine (9) years or more of service, shall receive vacation time of four (4) w eeks and shall receive vacation pay at the rate of eight (8%) percent of their earnings. * (e) Employees w ho have eighteen (18) or more years of service shall receive vacation time of five (5) w eeks and shall receive vacation pay at the rate of ten (10%) percent of their earnings. (Effective January 1, 2017 in accordance w ith the Mitchnik interest arbitration xx xxx dated June 22, 2017.)
Vacation and Pay. 10.1 Employees (excluding part-time employees) shall receive vacation time off and vacation pay on the following basis: (a) Employees who have less than one (1) year of service, shall earn vacation pay at the rate of four (4%) percent of their earnings for the purpose of vacation pay and time off in the following vacation year. (b) Employees who have one (1) year or more but less than five (5) years of service shall receive for vacation, time off of two (2) weeks and shall receive vacation pay at the rate of four (4%) percent of their earnings. (c) Employees who have five (5) years or more but less than ten (10) years of service shall receive vacation time of three (3) weeks and shall receive vacation pay at the rate of six (6%) percent of their earnings. (d) Employees who have ten (10) years or more of service, shall receive vacation time of four (4) weeks and shall receive vacation pay at the rate of eight (8%) percent of their earnings. (e) Earnings shall for the purpose of calculating vacation pay, accrue from the first (1st) day of July each calendar year to the thirtieth (30th) of June in each calendar year. Earnings shall include any regular wages paid and overtime pay only. Any Workers’ compensation payments, severance or other gratuitous payments shall not be considered earnings. A statement of earnings will be provided to each employee. (f) Service for the purpose of calculating vacation pay shall be established as of July 1, of each year. (g) The Parties in establishing the provisions as set out below with respect to vacation scheduling recognize that unforeseen events or circumstances may occur that would result in alterations to any vacation schedule set. The Parties agree to review such circumstances with a view to minimizing disruption to both operational requirements and employees. 10.2 Part-time employees who have less than five (5) years service with the City shall receive vacation pay on the basis of four percent (4%) of their gross earnings. Part-time employees who have completed five (5) or more years of service with the City shall receive vacation pay on the basis of six percent (6%) of the gross earnings. Gross earnings shall be calculated as set out in Clause 10.1(e) above. 10.3 In any case of personal illness or non-compensable injury the City shall have the right to request a medical certificate from the employee. If the employee elects to be examined by a physician, selected by the City, the City shall bear the cost of the medica...
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Vacation and Pay. 10.1 Employees (excluding part-time employees) shall receive vacation time off and vacation pay on the following basis: (a) Employees who have maintained a continuous employment relationship with the Company of less than one (1) year, shall earn vacation pay at the rate of four (4%) percent of their earnings for the purpose of vacation pay and time off in the following vacation year. (b) Employees who have maintained a continuous employment relationship with the Company or Xxxxxxx of one (1) year or more but less than five (5) years shall receive for vacation, time off of two (2) weeks and shall receive vacation pay at the rate of four (4%) percent of their earnings. (c) Employees who have maintained a continuous employment relationship with the Company or Xxxxxxx of five (5) years or more shall receive vacation time of three (3) weeks and shall receive vacation pay at the rate of six (6%) percent of their earnings. (d) Employees who have maintained a continuous employment relationship with the Company or Xxxxxxx of ten (10) years or more, shall receive vacation time of four

Related to Vacation and Pay

  • Compensation and Payment Terms (a) Consultant’s fees for the Services shall be calculated at the rate(s) set forth in Exhibit “A” attached hereto. The Maximum Compensation to Consultant for the Services performed under this Agreement is One Hundred Ninety-Six Thousand Six Hundred Ninety-Seven and 70/100 Dollars ($196,697.70). In no event shall the amount paid by County to Consultant under this Agreement exceed said Maximum Compensation without an approved change order. (b) Consultant understands and agrees that the Maximum Compensation stated is an all-inclusive amount and no additional fee, cost or reimbursed expense shall be added whatsoever to the fees stated in the attached Exhibit “A.” (c) County will pay Consultant based on the following procedures: Upon completion of the tasks identified in the Scope of Services, Consultant shall submit to County staff person designated by the County Consultant, one (1) electronic (pdf) copy of the invoice showing the amounts due for services performed in a form acceptable to County. County shall review such invoices and approve them within 30 calendar days with such modifications as are consistent with this Agreement and forward same to the Auditor for processing. County shall pay each such approved invoice within thirty (30} calendar days. County reserves the right to withhold payment pending verification of satisfactory work performed.

  • COMPENSATION AND PAYMENTS 1.1 The Owner shall pay the Contractor to furnish all labor, equipment, materials and incidentals necessary for the construction of the Work described in the Specifications and shown on the Drawings the Contract Amount as shown below. Base Bid $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 Alternate Bid number and name or "no Alternates" $0.00 1.2 The Contractor’s requisition shall contain sufficient detail and supporting information for the Owner to evaluate and support the payment requested. 1.2.1 Payments are due and payable twenty-five working days from the date of receipt of a Contractor requisition which is approved by the Owner. 1.2.2 Provisions for late payments are governed by 5 M.R.S. Chapter 144, Payment of Invoices Received from Business Concerns, and interest shall be calculated at 1% per month.

  • Compensation and Payment 3.1 Consultant’s fees shall be calculated at the rates set forth in the attached Exhibit A. The Maximum Compensation for the performance of Services within the Scope of Services described in Exhibit A is ten thousand five hundred eighty-five dollars and no/100 ($10,585.00) as set forth in Exhibit A. In no case shall the amount paid by County under this Agreement exceed the Maximum Compensation without a written agreement executed by the parties. 3.2 All performance of the Scope of Services by Consultant including any changes in the Scope of Services and revision of work satisfactorily performed will be performed only when approved in advance and authorized by County. 3.3 County will pay Consultant based on the following procedures: Upon completion of the tasks identified in the Scope of Services, Consultant shall submit to County staff person designated by the County Engineer, one (1) electronic (pdf) copy of the invoice showing the amounts due for services performed in a form acceptable to County. County shall review such invoices and approve them within 30 calendar days with such modifications as are consistent with this Agreement and forward same to the Auditor for processing. County shall pay each such approved invoice within thirty (30) calendar days. County reserves the right to withhold payment pending verification of satisfactory work performed.

  • Vacation and Paid Time Off The Executive shall be entitled to vacation and paid time off in accordance with the standard policies of the Company for executives as in effect from time to time.

  • Termination and Payment Upon any termination or expiration of this Agreement, Client shall pay all unpaid and outstanding fees through the effective date of termination or expiration of this Agreement. And upon such termination, Consultant shall provide and deliver to Client any and all outstanding services due through the effective date of this Agreement.

  • Vacation and Fringe Benefits During the Employment Period, the Executive shall be entitled to paid vacation and fringe benefits at a level that is commensurate with the paid vacation and fringe benefits available to the Executive immediately prior to the Effective Date, or, if more favorable to the Executive, at the level made available from time to time to the Executive or other similarly situated officers at any time thereafter.

  • 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).

  • VACATION AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive as vacation pay ten percent (10%) of the employee's total earnings exclusive of each Employer's contribution to the Union's Benefit Plan. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay. 9.02 Vacation periods shall be arranged by mutual agreement between each Employer and each employee. Employees shall be granted their vacation periods as requested insofar as it is practicable and in accordance with years of employment, unless an Employer decides to grant all vacations at one time, in which case that Employer shall give the employees at least six (6) weeks advance notice. 9.03 Each Employer agrees to remit the Vacation Pay of each employee as agreed upon in Article 9.01 of this Agreement and in accordance with the regulation set by the Employment Standards Branch, Ministry of Labour, monthly before, but not later than the fifteenth of the following month to the Union using a separate cheque marked "Vacation Pay", accompanied by a list on which all deductions and contributions as mentioned in Articles 6.01, 12.02, 17.01, 18.01 and Schedule "A" are recorded. 9.04 In accordance with the agreement with the Employment Standards Branch, Ministry of Labour, the Board of Trustees of the Union's Vacation Pay Trust Fund, is obligated to take any steps which may be available to them either in law or in equity or in bankruptcy as may be necessary or desirable to effect collection from delinquent Employers. All costs incurred in the collection of said payment will be charged to such defaulting Employer. 9.05 Each Employer agrees to give the auditor of the Union's Trust Fund the privilege to examine that Employer's records concerning hours and monies forwarded to the Union, if and when the auditor so desires. Any date for such an examination will be pre-arranged in writing between the auditor, that Employer and the Union.

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.

  • Vacation and Leave a. The Executive shall be entitled to vacation and other leave in accordance with policy for senior executives, or otherwise as approved by the Board. b. In addition to paid vacation and other leave, the Executive shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment for such additional periods of time and for such valid and legitimate reasons as the Board may in its discretion determine. Further, the Board may grant to the Executive a leave or leaves of absence, with or without pay, at such time or times and upon such terms and conditions as the Board in its discretion may determine.

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