Common use of Vacation Entitlement and Pay Clause in Contracts

Vacation Entitlement and Pay. a) An employee who has completed the Company service requirements listed below shall be granted a vacation and receive vacation pay as follows: Company Service Requirement Length of Vacation Computation of Vacation Pay 1 Year 2 Weeks 4% of wages earned since previous vacation 20 Years 5 Weeks 10% of wages earned since previous vacation 30 Years 6 Weeks 12% of wages earned since previous vacation b) Employees who cease employment part way through their year of employment shall be paid the appropriate vacation pay accrued to date of termination.

Vacation Entitlement and Pay. (a) An employee who has completed the Company service requirements listed below shall be granted a vacation and receive vacation pay as follows: Company Service Requirement Length of Vacation Computation of Vacation Pay 1 Year 2 Weeks 4% of wages earned since previous vacation 20 Years 5 Weeks 10% of wages earned since previous vacation 30 Years 6 Weeks 12% of wages earned since previous vacation (b) Employees who cease employment part way through their year of employment shall be paid the appropriate vacation pay accrued to date of termination.

Vacation Entitlement and Pay. a) An employee who has completed the Company service requirements listed below shall be granted a vacation and receive vacation pay as follows: Company Service Requirement Length of Vacation Computation of Vacation Pay 1 Year 2 Weeks 4% of wages earned since previous vacation 3 Years 3 Weeks 6% of wages earned since previous vacation 10 Years 4 Weeks 8% of wages earned since previous vacation 20 Years 5 Weeks 10% of wages earned since previous vacation 30 Years 6 Weeks 12% of wages earned since previous vacation b) Employees who cease employment part way through their year of employment shall be paid the appropriate vacation pay accrued to date of termination.