Vacation During Transition Years Sample Clauses

Vacation During Transition Years. A “transition year” shall mean the fiscal year in which the employee becomes entitled to earn vacation at a higher rate. Vacation entitlement during a transition year shall be calculated as follows: (# of calendar months from April 1 to the month preceding the month in which the employee becomes entitled to earn vacation at the higher rate X Monthly rate of earning vacation) + (# of calendar months from the month in which the employee becomes entitled to earn vacation at the higher rate to March 31 X Higher Monthly rate of earning vacation) = Vacation entitlement for Transition Year (example – employee will complete 6th year of employment in July of current fiscal year. April 1 to June is 3 months; July to March 31 is 9 months. Therefore, as of April 1 the employee will be credited with: (3 X 1 ¼ vacation days) + (9 X 1 2/3rds vacation days) = 18 ¾ days
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Vacation During Transition Years. A “transition year” shall mean the fiscal year in which the employee becomes entitled to earn vacation at a higher rate. Vacation entitlement during a transition year shall be calculated as follows: (# of calendar months from April 1 to the month preceding the month in which the employee becomes entitled to earn vacation at the higher rate X Monthly rate of earning vacation) + (# of calendar months from the month in which the employee becomes entitled to earn vacation at the higher rate to March 31 (example – employee will complete 6th year of employment in July of current fiscal year. April 1 to June is 3 months; July to March 31 is 9 months. Therefore, as of April 1 the employee will be credited with: (3 X 1 ¼ vacation days) + (9 X 1 2/3 vacation days) = 18 ¾ days
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Vacation During Transition Years. A “transition shall mean the fiscal year in which the employee becomes entitled to earn vacation at a higher rate. Vacation entitlement during a transition year shall be calculated as follows: of calendar months April to the month preceding the month in which the employee becomes entitled to earn vacation at the higher rate X + of calendar months the month in which the employee becomes entitled to vacation at the higher rate to March X Higher Monthly rate of earning vacation) Vacation entitlement for Transition Year (example Employee will complete year of employment in July of current fiscal year. April to June is months; July to March is months. Therefore, as of April the employee will be credited with: (3 X vacation days) + (9 X vacation days) = The vacation leave provided for in this Article may be taken in part or in whole only after it is earned. Notwithstanding this provision and, subject to Article the Employer may at the employee's request grant leave that would be earned by the following March In the event that an employee does not receive direction by the Employer to take leave by March shall be paid for such in lieu, at normal rate of pay on the same basis as it was earned.
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Related to Vacation During Transition Years

  • Death During Benefit Period If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

  • Vacation Period ‌ The choice of vacation periods shall be granted to employees on the basis of seniority with the Employer except where the period requested would be detrimental to the operation of the Employer.

  • Vacation Year The vacation year shall be April 1 to March 31, inclusive.

  • Work During Vacation Should an employee who has commenced his scheduled vacation and agrees upon request by the Hospital to return to perform work during the vacation period, the employee shall be paid at the rate of one and one-half (1-1/2) times his basic straight time rate for all hours so worked. To replace the originally scheduled days on which such work was performed, the employee will receive one (1) vacation lieu day off for each day on which he has so worked.

  • Employee leaving during notice period An employee given notice of termination in circumstances of redundancy may terminate their employment during the period of notice. The employee is entitled to receive the benefits and payments they would have received under this clause had they remained in employment until the expiry of the notice, but is not entitled to any payment in lieu of any remaining notice.

  • Vacation Periods Vacation schedules will be set by the employee’s immediate supervisor(s) and sent to the Office of Human Resources for approval. Employees may request a particular period for vacation. Vacation days may not be taken in advance of their accrual. Those employees who are on a 12-month teacher contract are paid during Spring Break and Winter Recess, however, are not expected to be in attendance or perform duties during those breaks.

  • Non-Competition During Employment Executive agrees during the Basic Term, and any extension of the Basic Term under this Agreement, he will not compete with the Company by engaging in the conception, design, development, production, marketing, or servicing of any product or service that is substantially similar to the products or services which the Company provides, and that he will not work for, in any capacity, assist, or became affiliated with as an owner, partner, etc., either directly or indirectly, any individual or business which offer or performs services, or offers or provides products substantially similar to the services and products provided by Company.

  • Employment During Unpaid Maternity Leave Where less than the 52 weeks Other Parent Leave is taken paid or unpaid, the unused portion of the leave cannot be banked or preserved in any way.

  • Sick Leave During Leave of Absence (F/T) When an Employee is given leave of absence without pay for any reason, or is laid off on account of lack of work, he/she shall not continue to accumulate sick leave and shall not be entitled to receive pay for sickness for the period of such absence, but shall retain his/her cumulative credit, if any, existing at the time of such leave or lay-off.

  • Approved Leave of Absence During Vacation Where it can be established by the employee through a doctor's certificate that an illness or accident occurred, or where an employee qualifies for bereavement or any other approved leave during his/her period of vacation, there shall be no deduction from vacation credits for such absence. The period of vacation so displaced shall either be added to the vacation or reinstated for use at a later date, at the employee's option, as mutually agreed.

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