Common use of Vacation Bank Clause in Contracts

Vacation Bank. Vacation entitlement is determined by Article 13. For the purposes of Article 13, hours worked or credited as paid leave will be based on an accelerated rate of one point two five (1.25) hours credit for each hour worked. Mechanism for the vacation bank is determined by current local practices. Drawing from the vacation bank will occur at an accelerated rate of one point two five (1.25) paid hours for every hour taken as vacation (i.e. eleven point two five (11.25) hours worked equals fourteen point zero five (14.05) hours paid; seven point five (7.5) hours worked equals to nine point three seven five (9.375) hours paid). Vacation must be taken as a full weekend off (i.e. Saturday and Sunday). The maximum number of weekends off cannot exceed the week entitlement level determined by Article 13. Single vacation days may be taken on weekdays, which need not be in conjunction with the Saturday and Sunday. Vacation – Interruption does not apply.

Vacation Bank. Vacation entitlement is determined by Article 13. For the purposes of Article 13, hours worked or credited as paid leave will be based on an accelerated rate of one point two five and one-quarter (1.25) hours credit for each hour worked. Mechanism for the vacation bank is determined by current local practices. Drawing from the vacation bank will occur at an accelerated rate of one point two five and one-quarter (1.25) paid hours for every hour taken as vacation (i.e. eleven point two five and one-quarter (11.25) hours worked equals fourteen point zero five (14.05) 14.05 hours paid; seven point five and one-half (7.5) hours worked equals to nine point three seven five (9.375) 9.375 hours paid). Vacation must be taken as a full weekend off (i.e. Saturday and Sunday). The maximum number of weekends off cannot exceed the week entitlement level determined by Article 13. Single vacation days may be taken on weekdays, which need not be in conjunction with the Saturday and Sunday. Vacation – Interruption does not apply.

Vacation Bank. Vacation entitlement is determined by Article 13. For the purposes of Article 13, hours worked or credited as paid leave will be based on an accelerated rate of one point two five and a quarter (1.25) hours credit for each hour worked. Mechanism for the vacation bank is determined by current local practices. Drawing from the vacation bank will occur at an accelerated rate of one point two five and a quarter (1.25) paid hours for every hour taken as vacation (i.e. eleven point two five (Eleven and one quarter [11.25) ] hours worked equals fourteen point zero five ([14.05) ] hours paid; seven point five (and a half [7.5) ] hours worked equals to nine point three seven five ([9.375) ] hours paid). Vacation must be taken as a full weekend off (i.e. Saturday and Sunday). The maximum number of weekends off cannot exceed the week entitlement level determined by Article 13. Single vacation days may be taken on weekdays, which need not be in conjunction with the Saturday and Sunday. Vacation – Interruption does not apply.

Vacation Bank. Vacation entitlement is determined by Article 13. For the purposes of Article 13, hours worked or credited as paid leave will be based on an accelerated rate of one point two five and a quarter (1.25) hours credit for each hour worked. Mechanism for the vacation bank is determined by current local practices. Drawing from the vacation bank will occur at an accelerated rate of one point two five and a quarter (1.25) paid hours for every hour taken as vacation (i.e. eleven point two five and one quarter (11.25) hours worked equals fourteen point zero five (14.05) 14.05 hours paid; seven point five and one half (7.5) hours worked equals to nine point three seven five (9.375) 9.375 hours paid). Vacation must be taken as a full weekend off (i.e. Saturday and Sunday). The maximum number of weekends off cannot exceed the week entitlement level determined by Article 13. Single vacation days may be taken on weekdays, which need not be in conjunction with the Saturday and Sunday. Vacation – Interruption does not apply.