Vacation Leave and Holidays. 7.1. On October 1, 2010 the Town Manager will be credited with the remaining balance of his accrued vacation hours from his previous employment with the Town.
Vacation Leave and Holidays. The Superintendent shall carry forward in this Contract and be credited on the first day of this Contract with all of his unused vacation leave accrued during his employment with the District. In addition, the Superintendent shall receive twenty (20) days of vacation leave with full pay each year of this Contract, which shall be credited in full on July 15, 2023 and on July 1st of each subsequent year of this Contract. In addition, the unused portion of such allowance of vacation leave shall accrue from year to year without limit. The Superintendent agrees to notify the Board President at least five (5) days in advance when he intends to use more than two (2) consecutive days of vacation leave, except in cases of personal or family exigent circumstances, in which cases he shall notify the Board President as soon as practicable. On June 30 of each year of this Contract, preceding the last year of this Contract, the Superintendent’s unused vacation leave, if any, shall be adjusted as follows: • The District shall make a lump sum cash payment to the Superintendent in the amount of his then-current per diem rate of pay for each of the first five (5) days of unused vacation leave; and • Additional unused vacation leave, if any, shall be carried over into the next year and accrue without limit. “Per diem rate of pay” as the term is used throughout this Contract shall equal the Superintendent’s gross annual salary divided by two hundred sixty (260). In addition, the District shall pay the Superintendent for unused days of vacation leave at the time this Contract is terminated for any reason, whether voluntarily or involuntarily, at which time the District shall pay Superintendent his then-current per diem rate of pay for each day of unused vacation. Such payment for unused vacation leave shall be made in the form of a non-elective employer contribution into a 403(b) account for the Superintendent provided such contribution would not exceed the contribution limits under section 415(c) of the Internal Revenue Code for the year. If the payment exceeds the applicable contribution limits, the excess shall be contributed into the Superintendent’s 403(b) account in subsequent years until such payment if fully made, subject to the limitations of the Internal Revenue Code. There is no cash option for such payment. n In addition, the Superintendent shall be entitled to receive, with full pay, all holidays available to administrative employees covered under the District’s t...
Vacation Leave and Holidays. The District Superintendent shall receive twenty-three (23) days of vacation leave with full pay each year of this Contract, which shall be credited in full on July 1, 2021 and July 1st of each subsequent year of this Contract. The District Superintendent may carry forward five (5) days of vacation leave to be used no later than December 31st of the contract year immediately following the year in which the days were credited. If the District Superintendent does not use the carry over days, those days shall be forfeited back to the District. The District shall pay the District Superintendent for unused days of vacation leave at the time this Contract is terminated for any reason, whether voluntarily or involuntarily, at which time the District shall pay District Superintendent her then- current per diem rate of pay for each day of unused vacation leave. (“Per diem rate of pay” as the term is used throughout this Contract shall equal the District Superintendent’s then-current annual salary divided by 240). The District shall make such payment for unused vacation leave as a non-elective employer contribution to the District Superintendent’s 457(b) tax-deferred account, or comparable account as directed by the District Superintendent, within fifteen (15) days of the District Superintendent’s last day of employment with the District. In addition, the District Superintendent shall receive, with full pay, all Board-approved District holidays available to twelve-month administrative employees covered under the District’s administrator compensation plan adopted pursuant to Section 1164 of the Public School Code (24 P.S. 11-1164) (“Act 93 Agreement”).
Vacation Leave and Holidays a. On June 3, 2022, the District Superintendent shall carry forward in this Contract and be credited with all of his unused vacation leave accrued during his employment with the District. In addition, the District Superintendent shall receive twenty-six (26) days of vacation leave with full pay each year of this Contract, which shall be credited in full on July 1, 2022 and July 1 of each subsequent year of this Contract. On June 30th of each year of this Contract, the District shall pay the District Superintendent his then-current per diem rate for each day of unused vacation leave up to a maximum payment for fifteen (15) days of unused vacation leave. (“Per diem rate” as the term is used throughout this Contract shall equal the District Superintendent's then-current gross annual salary divided by two hundred sixty). The District shall make such payment as a non-elective employer contribution to the District Superintendent’s 403(b) tax-sheltered annuity plan (“403(b) Plan”). These non-elective contributions shall be subject to the limits established by law for such accounts. There is no cash option for such payments. The District Superintendent’s unused vacation leave, if any, which is not paid out under this Paragraph shall carry forward and accrue from year to year, not to exceed maximum amounts permitted by law.
Vacation Leave and Holidays a. On January 15, 2022, and each January 15th thereafter, unless this Agreement is terminated earlier, the Superintendent shall be credited with twenty (20) working days of vacation leave. The Superintendent may not carry over unused vacation leave days from year to year. The Superintendent shall not be paid for any unused vacation upon cessation of her employment with the District.
Vacation Leave and Holidays. (a) The District Superintendent shall receive twenty-five (25) days of vacation leave with full pay each year of this Contract, which shall be credited in full on July 1, 2021 and on July 1st of each subsequent year of this Contract. On June 30th of each year of this Contract, the District shall pay the District Superintendent his then- current per diem rate of pay for his unused days of vacation leave, to a maximum payment for ten (10) days of unused vacation leave (“per diem rate of pay” as the term is used throughout this Contract shall be calculated by dividing the District Superintendent’s then- current annual salary by 260). The District Superintendent may carry forward into the next school fiscal year any additional unused days of vacation leave up to a maximum of five (5) days of unused vacation leave, but in no event shall the District Superintendent have more than thirty (30) days of vacation leave in any year of this Contract.
Vacation Leave and Holidays. (1) NNL shall cause Nortel Japan to pay to each Japan Transferring Employee the amount of compensation due to such employee with respect to the accrued and unused vacation days due and owing to such Japan Transferring Employee as of his or her Employment Transfer Date by the date required under applicable Law. In any case, neither Buyer nor Buyer Japan shall bear any liability for accrued and unused vacation days due and owing to the Japan Transferring Employees as of their Employment Transfer Date. Buyer shall cause Buyer Japan to honor any vacation time off with respect to a Japan Transferring Employee approved by a manager of Nortel Japan prior to the Employment Transfer Date; provided that such Japan Transferring Employee provides evidence of such approval.
Vacation Leave and Holidays. The District Superintendent shall receive twenty (20) days of vacation leave with full pay each year of this Contract, which shall be credited in full on the first day of the Term of this Contract, and on July 1, 2022 and July 1 of each subsequent year of this Contract. On June 30th of each year of this Contract, the District shall pay the District Superintendent his then-current per diem rate of pay for each day of unused vacation leave, up to a maximum of ten (10) days. In addition, the District Superintendent’s additional unused vacation leave, if any, shall be carried over into the next school year; a maximum of ten (10) days may be carried over year to year. “Per diem rate of pay” as the term is used throughout this Contract shall equal the District Superintendent’s then-current gross annual salary divided by two hundred sixty (260). The District shall pay the District Superintendent for unused days of vacation leave at the time this Contract is terminated for any reason other than for the reasons set forth under Section 10-1080 of the Public School Code, whether voluntarily or involuntarily, at which time the District shall pay the District Superintendent his then-current per diem rate of pay for each day of unused vacation leave, up to a maximum payment for ten (10) days of unused vacation leave. In addition, the District Superintendent shall receive, with full pay, all holidays available to twelve-month administrative employees covered under the District’s administrator compensation plan adopted pursuant to Section 1164 of the Public School Code (24 P.S. 11-1164) (“District Administrator Compensation Plan”).
Vacation Leave and Holidays. The District Superintendent shall carry forward in this Contract and be credited on July 1, 2019 with all of his days of unused vacation leave accrued during his employment with the District. In addition, the District Superintendent shall receive twenty (20) days of vacation leave with full pay each year of this Contract, which shall be credited in full on July 1, 2019 and on July 1st of each subsequent year of this Contract. Unused days of vacation leave may accumulate from year to year to a maximum of forty (40) days of vacation leave. On June 30th of each year of this Contract, the District Superintendent’s unused vacation leave, if any, shall be adjusted as follows:
Vacation Leave and Holidays. (a) Xx. Xxxxxxxxx shall be credited with twenty-two (22) working days of vacation leave effective July 1, 2006 and twenty-two (22) days effective each July 1 thereafter, which shall not be accumulated. Vacations shall be taken by Xx. Xxxxxxxxx at a time that is mutually agreed upon between Xx.
