Common use of Vacation and Statutory Clause in Contracts

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.

Appears in 8 contracts

Samples: pipeline.ca, Pipeline Maintenance and Service Agreement, pipeline.ca

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Vacation and Statutory. Holiday Pay shall be ten at the rate of nine percent (109%) of the total earnings of an employee. It is understood and agreed that to include four percent (4%) of the total earnings are to be considered Vacation Pay and six for vacation pay, five percent (65%) of the total earnings are to be in lieu of Statutory Holiday Pay. It is understood statutory holidays and agreed that Statutory Holiday and Vacation Pay will not exceed a total of ten percent (10%) of total earnings of an to be paid to each employee, weekly.

Appears in 1 contract

Samples: Master Provincial Agreement

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