VACATIONS VACATION PAY. (a) Commencing with the vacation schedule of May 7th, 1987, employees having less than one (1) year of service on May 1st in any year, shall be entitled upon the completion of their probationary period, to a credit of one (1) day vacation with pay for each month of service, to a maximum of ten (10) working days vacation with pay at the rate of four percent (4%) of their gross earnings. (b) Employees with one (1) year or more service at April 30th of any year, shall receive two (2) weeks vacation with pay (4% of gross earnings). (c) Employees with three (3) years or more service as of April 30th of any year, shall receive three (3) weeks vacation with pay (6% of gross earnings). (d) Employees with eight (8) years or more service as of April 30th of any year, shall receive four (4) weeks vacation with pay (8% of gross earnings). (e) Employees with twelve (12) years or more service as of April 30th of any year, shall receive five (5) weeks vacation with pay (10% of gross earnings). (f) Employees with twenty (20) years or more service as of April 30th of any year, shall receive six (6) weeks vacation with pay (12% of gross earnings).
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Samples: Collective Agreement, Collective Agreement, Collective Agreement