Common use of Vacation Carry Over Clause in Contracts

Vacation Carry Over. Year-to-year carry over allowed is equal to the total hours accrued in a calendar year. Vacation amounts in excess of the above to an employee’s credit as of December 31 shall be automatically carried over to the following calendar year, but such excess vacation is to be used by March 31 of the following year. Any excess not used by March 31 shall be forfeited, unless the employee is eligible to convert vacation to pay as described in Section 21.5. In such cases, all excess vacation as of March 31 shall be converted to cash up to the conversion limits described in Section 21.5. Any amounts as of March 31 that are over the conversion limits shall be forfeited.

Vacation Carry Over. Year-toto year carry-year carry over allowed is equal to the total hours accrued in a calendar year. Vacation amounts in excess of the above to an employee’s credit as of December 31 shall be automatically carried over to the following calendar year, but such excess vacation is to be used by March 31 of the following year. Any excess not used by March 31 shall be forfeited, unless the employee is eligible to convert vacation to pay as described in Section 21.5. In such cases, all excess vacation as of March 31 shall be converted to cash up to the conversion limits described in Section 21.5. Any amounts as of March 31 that are over the conversion limits shall be forfeited.

Vacation Carry Over. Year-to-year carry carry-over allowed is equal to the total hours accrued in a calendar year. Vacation amounts in excess of the above to an employee’s credit as of December 31 shall be automatically carried over to the following calendar year, but such excess vacation is to be used by March 31 of the following year. Any excess vacation not used by March 31 shall be forfeited, unless the employee is eligible to convert vacation to pay as described in Section 21.519.4. In such casescase, all excess vacation as of March 31 shall be converted to cash up to the conversion limits described in Section 21.519.4. Any amounts as of March 31 that are over the conversion limits shall be forfeited.