Common use of Vacation Pay for Terminated Employees Clause in Contracts

Vacation Pay for Terminated Employees. All employees, other than those referred to in Clause 7.03 whose services are terminated will receive vacation pay for those holidays for which they are then eligible. For the period between the previous May 1st and the date of termination the employees will receive pay in lieu of vacation in accordance with the following table: Less than 3 years service as of date of termination - 4% of earnings Three to 9 years (Three to 8 years May 1st , 2007) service as of date of termination - 6% of earnings Ten years to 19 years service as of date of termination - 8% of earnings Twenty to 24 years (Eighteen to 24 years May 1st , 2007) service as of date of termination - 10% of earnings Twenty-five or more years of service as of date of termination - 12 % of earnings

Vacation Pay for Terminated Employees. All employees, other than those referred to in Clause 7.03 whose services are terminated will receive vacation pay for those holidays for which they are then eligible. For the period between the previous May 1st and the date of termination the employees will receive pay in lieu of vacation in accordance with the following table: Less than 3 years service as of date of termination - 4% of earnings Three to 9 years (Three to 8 years May 1st , 2007) service as of date of termination - 6% of earnings Ten years to 19 years service as of date of termination - 8% of earnings Twenty Ten years to 24 years (Eighteen to 24 years May 1st , 2007) service as of date of termination - 10% of earnings Twenty years to years service as of date of termination of earnings Twenty-five or more years of service as of date of termination - 12 % of earnings

Vacation Pay for Terminated Employees. All employees, other than those referred to in Clause 7.03 employees whose services are terminated will receive vacation pay for those holidays for which they are then eligible. For the period between the previous May 1st and the date of termination the employees will receive pay in lieu of vacation in accordance with the following table: Less than 3 years service as of date of termination - 4% of earnings Three to 9 years (Three to 8 years May 1st , 2007) service as of date of termination - 6% of earnings Ten years to 19 years service as of date of termination - 8% of earnings Twenty Eight years to 24 years (Eighteen to 24 years May 1st , 2007) service as of date of termination - 10% of earnings Eighteen years to years service as of date of termination of earnings Twenty-five or more years of service as of date of termination - 12 % of earnings

Vacation Pay for Terminated Employees. All employees, other than those referred to in Clause 7.03 employees whose services are terminated will receive vacation pay for those holidays for which they are then eligible. For the period between the previous May 1st and the date of termination the employees will receive pay in lieu of vacation in accordance with the following table: Less than 3 years service as As of date of termination - 4% of earnings Three to 9 years (Three 3 to 8 years May 1st , 2007) service as As of date of termination - 6% of earnings Ten 9 years to 19 18 years service as As of date of termination - 8% of earnings Twenty 19 years to 24 years (Eighteen to 24 years May 1st , 2007) service as As of date of termination - 10% of earnings Twenty-five 25 or more years of service as As of date of termination - 12 -12% of earnings a) Employees hired within the period May 1st to July 15th shall become entitled on May 1st next to a vacation with pay of two