Vacation and Sick Leave with Pay Sample Clauses

Vacation and Sick Leave with Pay. Accruals While on Voluntary Unpaid Time Off or Furlough
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Related to Vacation and Sick Leave with Pay

  • 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).

  • SICK LEAVE WITH PAY Sick leave with pay for employees shall be determined in the following manner:

  • VACATION LEAVE WITH PAY 14.01 The vacation year shall be from April 1st of one calendar year to March 31st of the following calendar year inclusive.

  • Vacations and Sick Leave The Executive shall be entitled to paid annual vacation leave in accordance with the policies as established from time to time by the Board of Directors, which shall in no event be less than four weeks per annum. The Executive shall also be entitled to an annual sick leave benefit as established by the Board for senior management employees of the Bank. The Executive shall not be entitled to receive any additional compensation from the Bank for failure to take a vacation or sick leave, nor shall he be able to accumulate unused vacation or sick leave from one year to the next; provided, however, such Executive may carry forward from year to year a maximum of ten days of unused vacation leave.

  • 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.

  • Entitlement to Vacation Leave With Pay An employee is entitled to vacation leave with pay to the extent of his earned credits but an employee who has completed six (6) months of continuous employment may receive an advance of credits equivalent to the anticipated credits for the vacation year.

  • VACATION WITH PAY a) Employees are entitled to annual vacation and annual vacation pay according to their completed years of consecutive service. The vacation year shall be January 1st to December 31st. After December 31st of their first year of employment, employees will be considered to have completed their first year of service. This is counted as the first year when calculating their vacation with pay entitlement. b) Annual vacations are awarded to the employee prior to their being earned. Where an employee terminates or is terminated prior to the end of the vacation year and the employee has taken vacation in excess of the amount earned, the Credit Union shall recover pay for the unearned vacation taken. c) Full Time employee's vacation entitlement and vacation pay shall be calculated according to their completed years of consecutive service, governed by a common anniversary date of January 1st. Part Time employees shall have their vacation entitlement calculated according to their completed years of consecutive service, but their vacation pay will be prorated accordingly. d) Vacation entitlement and vacation pay is pro-rated for new employees. (i) A Full Time employee who has completed their probation period shall be entitled to vacation and vacation pay prorated according to the number of months of full service in their first year. (ii) A Part Time employee who has completed their probation period shall be entitled to vacation and vacation pay prorated according to the ratio of their scheduled hours to the average monthly full time hours in their first year. (iii) After December 31st of their first year of employment, employees will be considered to have completed their first year of service. e) A Part Time employee becoming Full Time will retain their vacation entitlement. Vacation pay will be prorated according to their full months Part Time service and the portion of Full Time service in the year of the status change. Thereafter, the new Full Time employee shall have their vacation entitlement and vacation pay calculated as any regular Full Time employee.

  • Leave With Pay Compassionate leave of absence with pay shall be granted for three (3) work days. Up to two (2) additional days with pay shall be granted for travelling time when this is warranted in the judgement of the Employer.

  • 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.

  • Other Leave With Pay The Employer may grant leave with pay for purposes other than those specified in this Agreement, including military or civil defence training, and emergencies affecting the community or place of work.

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