Vacation Awards Sample Clauses

Vacation Awards. Vacation periods will be awarded and assigned in order of seniority. Award and assignment results shall be posted on or before March 31st.
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Vacation Awards. 46-5.01 Vacation will be awarded by seniority subject to 46-4.03 above.
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Vacation Awards there will be four vacation awards. The first and second bid periods will be fourteen (14) days each while the third and fourth bid periods will be seven (7) days each. 8.06.02.01 In the event the vacation periods bid by the employee are not available the employee may identify the minimum number of days that will be acceptable (maintaining a minimum of 7 days vacation).
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Vacation Awards. 8.10.1 Vacation bids will be awarded by base and in order of seniority for each classification (FA or CSM) and in accordance with Article 5.3 and are subject to restrictions due to language, instructor and other qualification requirements. 8.10.2 If a vacation slot becomes available after the awards, it will be posted by the Crew Planning Department. A timeframe will be provided to CCMs who would like to bid to switch their awarded time into this slot. The vacation will be awarded at the base in order of seniority subject to any restrictions during this time slot (classification, language qualification, instructing or any other qualification requirements). 8.10.3 A CCM, who has bid vacation and subsequently is laid off in that vacation year, will be paid out their vacation pay at the time of layoff. 8.10.4 A CCM who has been paid out their vacation pay at time of layoff and would like to hold their awarded vacation time as unpaid is required to notify Crew Planning within ten (10) calendar days of their date of layoff if they want to hold this unpaid time. If Crew Planning does not receive a request to hold this time during this ten day period, the unpaid vacation time will be considered waived.
Sample 1
Vacation Awards. For all vacation applications submitted within the vacation sign up period, as defined above, the Company will award vacation to Departmental employees on the basis of their Company service as defined in Article The Company will post the finalized approvedvacation schedule by March each year. Otherwise, for all other requests submitted outside of the sign up period, the Company will award Departmentalemployees' vacation requests on the basis of "first come first served". In no case shall such award displace any vacation award from within the sign up period. An employee who leaves the employ of the Company for whatever reason, shall be paid their vacation allowance as provided herein. On the death of an employee, the vacation allowance shall be paid to the employee's Estate. The employee's date of hire shall be used for purposes of calculating vacation eligibility and vacation pay. The Company shall pay of the cost of the Employer Health Tax. United Food Commercial Workers Trusteed Dental Fund Ontario The Company shall increase and contribute to the current benefit contribution level of thirty three (33) cents per hour a total of an additional two (2) cents per hour over the term of this Agreement, basedon the schedule below, for all hours worked up to forty (40) hours per week excluding overtime, Jury Duty, bereavement, holiday and vacation. Current (as at July 2005) cents per hour EffectiveJuly + cent to cents per hour Effective July + cent to cents per hour The Company shall pay all applicable taxes relevant to these contributions. The Company agrees to sign the Participation Agreement as prepared by the Trustees of the Plan, andsupply or sign any other documents, forms, reports or information required by the Trustees of the Dental Plan, and shall forward all contributions together with a list of the employees and the number of hours worked by each employee in each reporting period within fifteen (15) days of the end of the close of the Company's four (4) or five (5) week accounting period.
Sample 1
Vacation Awards. (i) For all vacation applications submitted within the vacation sign up period, as defined above, the Company will award vacation to department employees on the basis of their Company service as defined in Article 15.01 (b). The Company will post the finalized approved vacation schedule by March 1st each year. (ii) Otherwise, for all other requests submitted outside of the sign up period, the Company will award department employees’ vacation requests on the basis of “first come first served”. In no case shall such award displace any vacation award from within the sign up period.
Sample 1
Vacation Awards. A week of vacation pay shall be considered: Rotating 12s – 36 Hour Week 3 36 Rotating 12s – 48 Hour Week 4 48 (Note: Company and employee may agree to reduce charge to 36 or 40 and reschedule an 8 or 12 hour work day as mutually agreed) (A) A scheduled day off is not considered a Day Off for purposes of the chart, above. (B) If an awarded vacation week touches multiple work weeks, then the Company will eliminate the work week that is most closely aligned with the award unless the Company and the employee agree otherwise. If an awarded vacation week touches two work weeks equally, then the Company shall remove the work week that occurs first unless the Company and the employee agree otherwise.
Sample 1
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Related to Vacation Awards

  • Incentive Awards a) The Executive shall participate in the Company's annual incentive plan for senior-level executives as in effect from time to time, subject to the performance standards set by the Compensation Committee. Payment of any annual incentive award shall be made at the same time that such awards are paid to other senior-level executives of the Company. The Executive's annual incentive award target shall be set by the Compensation Committee. b) The Executive shall be eligible to receive grants under the Company's long-term incentive plans as in effect from time to time; provided, however, that the size, type and other terms and conditions of any such grant to the Executive shall be determined by the Compensation Committee.

  • Performance Bonuses The Executive will be eligible to receive an annual cash bonus at an annualized rate of up to 40% of his base salary, based on the achievement of reasonable individual and Company performance targets to be established by the Company and Parent.

  • Annual Incentive Awards The Executive shall participate in the Company's annual incentive compensation plan with a target annual incentive award opportunity of no less than 40% of Base Salary and a maximum annual incentive award opportunity of 80% of Base Salary. Payment of annual incentive awards shall be made at the same time that other senior-level executives receive their incentive awards.

  • Incentive Bonuses After the Company attains profitability, the Employee shall be eligible to be considered for an annual incentive bonus. Such bonus (if any) shall be awarded based on objective or subjective criteria established in advance by the Board or its Compensation Committee. The determinations of the Board or its Compensation Committee with respect to such bonus shall be final and binding. Except as expressly provided in this Agreement, the Employee shall not be entitled to an incentive bonus if he is not employed by the Company on the date when such bonus is payable.

  • Equity Awards You will be eligible to receive awards of stock options or other equity awards pursuant to any plans or arrangements the Company may have in effect from time to time. The Board or Committee, as applicable, will determine in its sole discretion whether you will be granted any such equity awards and the terms of any such award in accordance with the terms of any applicable plan or arrangement that may be in effect from time to time.

  • Bonus Plans A bonus is a lump sum payment that is not a permanent increase to the salary base of the individual and may be granted at the discretion of the President. A bonus may be awarded at any time and may be used for a variety of salary adjustments including, but not limited to, the following:

  • Cash Bonuses The Chief Executive Officer shall determine the Executive’s right to receive cash bonuses. Cash bonuses shall be awarded annually based upon the Executive’s and the Company’s annual performance pursuant to the Company’s policy. 5.

  • Incentive Bonus Plan Employee shall be eligible for a bonus opportunity of up to 65% of his annual base salary in accordance with the Company’s Incentive Bonus Plan as modified from time to time, payable in cash and/or equity of the Company (at the Company’s discretion). The bonus payment and the Company’s targeted performance shall be determined and approved by the Board or the compensation committee thereof.

  • Equity Incentive Awards The Executive shall be eligible to receive grants of equity-based long-term incentive awards, which may include options to purchase Company stock, performance or restricted stock units and Company restricted stock contributions to Company’s deferred compensation plan, or other equity-based awards. Such awards shall be determined in the discretion of the Board and the Executive shall be eligible for consideration for such awards in the same manner as other senior executive officers of the Company. In the event of a Change of Control in which the surviving or acquiring corporation does not assume the Executive’s outstanding equity-related awards (including options and equity-based awards granted both before and after the Effective Date) or substitute similar equity-related awards of substantially equivalent value, such equity-related awards shall immediately vest and become exercisable if the Executive’s service with the Company has not terminated before the effective date of the Change of Control; provided, however, that the foregoing provision shall only apply if the Company is not the surviving corporation or if shares of the Company’s common stock are converted into or exchanged for other securities or cash.

  • Performance Share Awards On the Performance Share Vesting Date next following the Executive's date of death, the number of Performance Shares that shall become Vested Performance Shares shall be determined by multiplying (a) that number of shares of Company Common Stock subject to the Performance Share Agreement that would have become Vested Performance Shares had no such termination occurred; provided, however, in no case shall the number of Performance Shares that become Vested Performance Shares exceed 100% of the Target Number of Performance Shares set forth in the Performance Share Agreement, by (b) the ratio of the number of full months of the Executive's employment with the Company during the Performance Period (as defined in the Performance Share Agreement) to the number of full months contained in the Performance Period. Vested Common Shares shall be issued in settlement of such Vested Performance Shares on the Settlement Date next following the Executive’s date of death.

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