Vacation and Statutory Sample Clauses

Vacation and Statutory. Holiday Pay shall be ten percent (10%) of the total earnings of an employee. It is understood and agreed that four percent (4%) of the total earnings are to be considered Vacation Pay and six percent (6%) of the total earnings are to be in lieu of Statutory Holiday Pay. It is understood and agreed that Statutory Holiday and Vacation Pay will not exceed a total of ten percent (10%) of total earnings of an employee.
Sample 1Sample 2Sample 3See All (8)
Vacation and Statutory. Holiday Pay shall be credited weekly to each employee covered by this Collective Agreement, at the rate of ten percent (10%) of the gross wages earned, and income tax will be deducted weekly.
Sample 1Sample 2See All (7)
Vacation and Statutory. Holiday Pay shall be paid weekly to each employee covered by this schedule, at the rate of eight percent (8%) of the gross wages earned, and income tax will be deducted weekly.
Sample 1See All (4)
Vacation and Statutory. HOLIDAY PAY
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Vacation and Statutory. Holiday Pay shall be held separate and apart and paid weekly to each employee covered by this Collective Agreement, at the rate of ten percent (10%) of the gross wages earned, and income tax will be deducted weekly.
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Vacation and Statutory. In order to rotate the season in which all members are their annual vacation in each year, the vacation year shall be divided into three vacation periods as follows: Winter from January to Xxxxx Xxxxxx May to August Fall from September to December Each Unit in Communications and Central Records shall be divided into three groups in their own Section, with vacations to be taken within the first, second and third vacation periods. The following year, the season of annual vacation be rotated, the winter group to the summer period, the summer group to the fall period; the fall group to the winter period. Each member's position within the group shall be by seniority. On the first draw, members with more than two (2) blocks of vacation shall take two (2) of vacation in their respective season. Members with two (2) blocks of vacation shall take one (1) block of vacation in their respective season. Upon completion of the first draw, the entire year will be drawn one (1) block at a time, on the basis of One (1) member on annual leave shall be permitted in each block with no over laps. All members shall be permitted to exchange all or part of their vacation with any other member in the same unit, within two (2) weeks the vacation schedule has been posted. Thereafter, the final vacation schedule will be posted and no further exchange will be permitted unless approved by the Divisional Commander. The sections of and Central Records may adopt another format by drawing for annual leave by seniority on the approval of their Divisional Commander. If there are any discrepancies amongst the members, Divisional Commander has the authority to direct the section to revert to the above rotation system. All Administrative members shall submit their annual leave request to their according to their section's policy. One (1) member on annual leave shall be permitted in each Section. If there are any discrepancies amongst the members, the above rotation will also apply.
Sample 1
Vacation and Statutory. Holiday Pay shall be at the rate of nine percent (9%) to include four percent (4%) for vacation pay, five percent (5%) in lieu of statutory holidays and to be paid to each employee, weekly.
Sample 1
Vacation and Statutory members with sixteen 6) years or more of continuous service will be entitled to five (5) weeks (blocks for those the Schedule) of annual vacation with pay. All regular members with twenty-two (22) years or more of continuous service will be entitled to six (6) weeks (blocks for those the + Schedule) of annual vacation with pay. All regular members with twenty-eight (28) years or more of continuous service will be entitled to seven (7) weeks (blocks for those the + Schedule) of annual vacation with pay.
Sample 1
Vacation and Statutory. Holiday Credits shall be paid to employees covered by this Collective Agreement at the rate of ten percent (10%) of the gross wages earned. It is understood and agreed that six percent (6%) of the ten percent (10%) is to be considered in lieu of Statutory Holiday Pay. Vacation and Statutory Holiday Pay shall be credited weekly to each employee covered by this Collective Agreement, at the rate of ten percent (10%) of the gross wages earned, and income tax will be deducted weekly. It is further understood and agreed that the Vacation Pay and Statutory Holiday Pay will be paid to employees weekly or as agreed between each individual Company and the Union.
Sample 1

Related to Vacation and Statutory

  • 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 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.

  • 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.

  • State of California Public Liability and Workers’ Compensation Program A. The Judicial Council has elected to be self-insured for its motor vehicle, aircraft liability and general liability exposures. B. The Judicial Council administers workers’ compensation benefits for its employees through a Third Party agreement.

  • Portability of Sick Leave 1. The employer will accept up to sixty (60) accumulated sick leave days from other school districts in British Columbia, for employees hired to or on exchange in the district. 2. An employee hired to or on exchange in the district shall accumulate and utilize sick leave credit according to the provisions of the Collective Agreement as it applies in that district.

  • Other Compensation and Fringe Benefits In addition to any executive bonus, pension, deferred compensation and stock option plans which the Company may from time to time make available to the employee upon mutual agreement, the Employee shall be entitled to the following: (a) The standard Company benefits enjoyed by the Company's other top executives. (b) Payment by the Company of the Employee's initiation and membership dues in all social and/or recreational clubs as deemed necessary and appropriate by the Employee to maintain various business relationships on behalf of the Company; provided, however, that the Company shall not be obligated to pay for any of the Employee's personal purchases and expenses at such club. (c) Provision by the Company during the Term and any extensions thereof to the Employee and his dependents of medical and other insurance coverage under the Company's Executive Medical Plan. (d) Provision by the Company of supplemental disability insurance sufficient to provide two-thirds of the Employee's pre-disability minimum base annual salary. (e) An annual incentive bonus for each calendar year included in this Agreement calculated pursuant to a formula substantially similar to (and the formula of which will not yield a bonus less than) the FY 2001 Incentive Plan adopted by the Compensation Committee of the Company with a target bonus based upon 100% of base annual salary, a copy of which is attached hereto as Exhibit A ("Incentive Bonus"); provided, however, that the Employer's stockholders approve an annual incentive bonus plan containing substantially the terms of the Incentive Bonus prior to its payment in accordance with Section 162(m) of the Internal Revenue Code of 1986, as amended, and the regulations promulgated thereunder. The annual bonus shall be paid no later than March 15th of the following year and is fully vested at the end of each year in the event of a non-renewal of this Agreement by the Company. Subject to Section 7 below, the annual bonus shall be pro-rated for any partial employment year. The Company shall deduct from all compensation payable under this Agreement to the Employee any taxes or withholdings the Company is required to deduct pursuant to state and federal laws or by mutual agreement between the parties

  • Effect of Termination and Abandonment In the event of termination of this Agreement and the abandonment of the Merger pursuant to this Article VIII, no party to this Agreement shall have any liability or further obligation to any other party hereunder except (i) as set forth in Section 9.01 and (ii) that termination will not relieve a breaching party from liability for any willful breach of this Agreement giving rise to such termination.

  • COMPLIANCE WITH WORKERS' COMPENSATION ACT Contractor shall comply with the provisions of the Montana Workers' Compensation Act while performing work for the Department of Montana in accordance with 00-00-000, 00-00-000, and 00-00-000, MCA. Proof of compliance must be in the form of workers' compensation insurance, an independent contractor's exemption, or documentation of corporate officer status. Neither Contractor nor its employees are Department employees. This insurance/exemption must be valid for the entire contract term and any renewal. Upon expiration, a renewal document must be sent to the Department’s Contracts Management Bureau, X.X. Xxx 000000, Xxxxxx, XX 00000.

  • Compensation and Limitation of Liability of Trustees Compensation ------------ Section 1. The Trustees as such shall be entitled to reasonable ---------- compensation from the Trust; they may fix the amount of their compensation. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking, underwriting, brokerage or other services and payment for the same by the Trust. Limitation of Liability ----------------------- Section 2. The Trustees shall not be responsible or liable in any event ---------- for any neglect or wrongdoing of any officer, agent, employee, adviser, sub- adviser, manager or principal underwriter of the Trust, nor shall any Trustee be responsible for the act or omission of any other Trustee, but nothing herein contained shall protect any Trustee against any liability to which he or she would otherwise be subject by reason of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his or her office. Every note, bond, contract, instrument, certificate, Share or undertaking and every other act or thing whatsoever executed or done by or on behalf of the Trust or the Trustees or any of them in connection with the Trust shall be conclusively deemed to have been executed or done only in or with respect to their or his or her capacity as Trustees or Trustee, and such Trustees or Trustee shall not be personally liable thereon.

  • Termination and Suspension Customer is entitled to suspend the performance of its obligations in whole or in part or terminate the Agreement with immediate effect, without prejudice to its right to claim damages and without any compensation to or indemnification of Supplier (i) in case Supplier has been declared bankrupt, is in a state of liquidation, has ceased or suspended whole or a substantial part of its business, is subject of a court order or preventative legal scheme of settlement, (ii) in case of non- compliance with the Compliance Requirements or the provisions of safety, health, environment and security or (iii) in case of not approved changes pursuant to article 10. After such termination Customer may return received Goods and/or Services in whole or partly against repayment and retransfer of ownership therein to Supplier.

Most Referenced Clauses

Most Referenced Definitions