Common use of Vacation Days and Pay Clause in Contracts

Vacation Days and Pay. Such employees who become eligible as above provided shall, beginning with the date they so become eligible, earn with Producer fifty percent (50%) more in vacation time and money based upon the vacation schedule set forth above. Any such employee shall be limited to earning a maximum of one hundred twenty (120) hours vacation per year; provided that, for the remainder of any such tax year in which such an employee becomes eligible, the employee shall only earn additional vacation time and money, as above provided, based solely on the straight time days the employee worked for Producer after the employee so became eligible and within the remaining portion of such year; to be computed separate and apart at the rate of one-half (½) of the vacation benefit specified under the above vacation schedule.

Appears in 2 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement

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Vacation Days and Pay. Such employees who become eligible as above provided shall, beginning with the date they so become eligible, earn with Producer fifty percent (50%) more in vacation time and money based upon the vacation schedule set forth above. Any such employee shall be limited to earning a maximum of one hundred twenty (120) hours vacation per year; provided that, for the remainder of any such tax year in which such an employee becomes eligible, the employee he shall only earn additional vacation time and money, as above provided, based solely on the straight time days the employee he worked for Producer after the employee he so became eligible and within the remaining portion of such year; to be computed separate and apart at the rate of one-half (½) of the vacation benefit specified under the above vacation schedule.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Vacation Days and Pay. Such employees who become eligible as above provided shall, beginning with the date they so become eligible, earn with Producer fifty fifty percent (50%) more in vacation time and money based upon the vacation schedule set forth above. Any such employee shall be limited to earning a maximum of one hundred twenty (120) hours vacation per year; provided that, for the remainder of any such tax year in which such an employee becomes eligible, the employee he shall only earn additional vacation time and money, as above provided, based solely on the straight time days the employee he worked for Producer after the employee he so became eligible and within the remaining portion of such year; to be computed separate and apart at the rate of one-half (½) of the vacation benefit specified benefit specified under the above vacation schedule.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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