Vacations/Eligibility and Accruals Sample Clauses

Vacations/Eligibility and Accruals. Employees who are on the payroll and 4 filling permanent full-time positions shall receive paid vacation based upon their length of 5 continuous service as follows: 6 8 40-Hour Work Week 56-Hour Work Week 9 Bi-Weekly Bi-Weekly 10 Length of Service Accrual Accrual 11 Less than 1 year (1) 3.24 4.53 12 1 year but less than 5 3.85 5.38 13 5 years but less than 10 4.61 6.46 14 10 years but less than 15 5.38 7.54 15 15 years and over but less than 20 6.92 9.69 16 20 years but less than 25 8.46 11.85 17 25 + years 9.23 12.92 18 Employees are not eligible to use or to be paid for accrued annual leave until they have 19 satisfactorily completed their initial probationary period except as provided in Section 9.4 of this 20 article. The employee must be in active pay status for at least seventy-five percent (75%) of the 21 pay period in order to accrue vacation leave.
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Vacations/Eligibility and Accruals. Employees who are on the payroll 4 and filling permanent full-time positions shall receive paid vacation based upon their length 5 of continuous service as follows:

Related to Vacations/Eligibility and Accruals

  • Vacation Eligibility Subject to the provisions of Sections 3., 4., 8., and 9. hereof, vacations with pay shall be granted during the vacation year to each employee, except upon dismissal for misconduct, who shall have completed a period of six (6)-months’ employment since date of engagement or reengagement, whichever is later, and who has performed work for the Company within the vacation year, as follows: a. One (1) week’s vacation to any such employee who has completed six (6) months or more but less than twelve

  • Sick Leave Accrual All eligible employees shall accrue sick leave at the rate of four (4) hours per pay period of continuous employment beginning with their date of eligibility. Eligible employees being paid for less than a full eighty (80) hour pay period shall have sick leave accruals pro-rated in accord with the schedule set forth in Appendix D.

  • Continued Benefits For a twenty-four (24) month period (or, if less, the number of months from the Date of Termination until the Executive would have reached age sixty-five (65)) after the Date of Termination, the Company shall provide the Executive with life insurance, health, disability and other welfare benefits ("Welfare Benefits") substantially similar in all respects to those which the Executive is receiving immediately prior to the Notice of Termination (without giving effect to any reduction in such benefits subsequent to the Potential Change in Control preceding the Change in Control or the Change in Control which reduction constitutes or may constitute God Reason). Benefits otherwise receivable by an Executive pursuant to this Section shall be reduced to the extent substantially similar benefits are actually received by or made available to the Executive by any other employer during the same time period for which such benefits would be provided pursuant to this Section at a cost to the Executive that is commensurate with the cost incurred by the Executive immediately prior to the Executive's Date of Termination (without giving effect to any increase in costs paid by the Executive after the Potential Change in Control preceding the Change in Control or the Change in Control which constitutes or may constitute Good Reason); provided, however, that if the Executive becomes employed by a new employer which maintains a medical plan that either (i) does not cover the Executive or a family member or dependent with respect to a preexisting condition which was covered under the applicable Company medical plan, or (ii) does not cover the Executive or a family member or dependent for a designated waiting period, the Executive's coverage under the applicable Company medical plan shall continue (but shall be limited in the event of noncoverage due to a preexisting condition, to such preexisting condition) until the earlier of the end of the applicable period of noncoverage under the new employer's plan or the second anniversary of the Executive's Date of Termination. The Executive agrees to report to the Company any coverage and benefits actually received by the Executive or made available to the Executive from such other employer(s). The Executive shall be entitled to elect to change his level of coverage and/or his choice of coverage options (such as Executive only or family medical coverage) with respect to the Welfare Benefits to be provided by the Company to the Executive to the same extent that actively employed senior executives of the Company are permitted to make such changes; provided, however, that in the event of any such changes the Executive shall pay the amount of any cost increase that would actually be paid by an actively employed executive of the Company by reason of making the same change in his level of coverage or coverage options.

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