Vacation Pay upon Termination of Employment. Every employee who ceases to be an employee after having completed one or more years of credited service shall receive in lieu of vacation with pay, vacation pay for any accrued vacation period which he has not taken at the rate of 4%, 6%, 8%, 10%, 12% or 14% as the case may be, of his earnings for all work performed by him for the Company during the said period.
Appears in 2 contracts
Samples: Collective Agreement, Collective Agreement
Vacation Pay upon Termination of Employment. Every employee Employee who ceases to be an employee Employee after having completed one or more years of credited service shall receive in lieu of vacation with pay, vacation pay for any accrued vacation period which he has not taken at the rate of 4%, 6%, 8%, 10%, 12% or 14% as the case may be, of his earnings for all work performed by him for the Company during the said period.
Appears in 1 contract
Samples: Collective Agreement
Vacation Pay upon Termination of Employment. Every employee who ceases to be an employee after having completed one or more years of credited service shall receive in lieu of vacation with pay, vacation pay for any accrued vacation period which he has not taken at the rate of 4%, 6%, 8%, 10%, 12% or 14% as the case may be, of his earnings for all work performed by him for the Company during the said period.
Appears in 1 contract
Samples: Collective Bargaining Agreement
