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.
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Vacation and Statutory. Holiday Pay shall be 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. It is understood and agreed that four percent (4%) of the gross wages is to be considered Vacation Pay and six percent (6%) of the gross wages is to be in lieu of Statutory Holiday Pay. It is understood and agreed that the Statutory Holiday and Vacation Pay will not exceed a total of ten percent (10%) of gross wages.
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Vacation and Statutory. Holiday Pay shall be paid weekly to each employee covered by this schedule, at the rate of nine percent (9%) of the gross wages earned, and income tax will be deducted weekly.
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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 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.
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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.
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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.
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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.
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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.

  • Organization and Status Purchaser (a) is duly formed, validly existing and in good standing under the laws of the jurisdiction of its formation as set forth in the preamble to this Agreement, (b) is duly qualified, authorized to do business and in good standing in each other jurisdiction where the character of its properties or the nature of its activities makes such qualification necessary, and (c) has all requisite power and authority to own or hold under lease the property it purports to own or hold under lease and to carry on its business as now being conducted. Purchaser has made available to Seller complete and correct copies of the Organization Documents for Purchaser.

  • 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 long-term incentive plans which the Company or an affiliate of the Company may from time to time make available to the Employee, the Employee shall be entitled to the following during the Employment Term: (a) the standard Company benefits enjoyed by the Company’s other top executives as a group; (b) medical and other insurance coverage (for the Employee and any covered dependents) provided by the Company to its other top executives as a group; (c) supplemental disability insurance sufficient to provide two-thirds of the Employee’s pre-disability Annual Base Salary; (d) an annual incentive bonus opportunity under the Company’s annual incentive plan (“Annual Bonus Plan”) for each calendar year included in the Employment Term, with such opportunity to be earned based upon attainment of performance objectives established by the Committee (“Annual Bonus”). The Employee’s target Annual Bonus under the Annual Bonus Plan shall be no less than 150% of the Employee’s Annual Base Salary (collectively, the target and maximum are referred to as the “Annual Bonus Opportunity”). The Employee’s Annual Bonus Opportunity may be periodically reviewed and increased (but not decreased without the Employee’s express written consent) at the discretion of the Committee. The Annual Bonus shall be paid no later than the March 15th first following the calendar year to which the Annual Bonus relates. Unless provided otherwise herein or the Board determines otherwise, no Annual Bonus shall be paid to the Employee unless the Employee is employed by the Company, or an affiliate thereof, on the Annual Bonus payment date; and (e) participation in the Company’s equity incentive plans.

  • Execution and Incorporation of Terms The parties to this Terms Agreement will enter into this Terms Agreement by executing the Omnibus Instrument. By executing the Omnibus Instrument, each party hereto agrees that this Terms Agreement will constitute a legal, valid and binding agreement by and among such parties. All terms relating to the Trust or the Notes not otherwise included in this Terms Agreement will be as specified in the Omnibus Instrument or Pricing Supplement, as indicated herein.

  • 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 (a) as set forth in Sections 8.03 and 9.01 and (b) 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.

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