Earned Vacation definition

Earned Vacation means the product of (a) the aggregate number of hours of vacation which Executive is entitled to take during the calendar year in which the Qualifying Termination occurs, and (b) the quotient obtained by dividing (i) the number of calendar days from January 1 of the year in which the Qualifying Termination occurs through and including the date of the Qualifying Termination, by (ii) 365.
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Earned Vacation means the vacation time (i.e., the number of weeks or days) a pilot is 16 entitled to use in a vacation year.
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Earned Vacation. Employees whose employment terminates prior to the end of a contract year will receive prorated vacation amounts. Under no circumstances, however, will employees be paid for vacation subsequent to termination of employment.
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Examples of Earned Vacation in a sentence

  • Employees hired on or after October 1, 1987, shall be entitled to vacation days during the term of this Agreement as follows: Length of Service Earned Vacation Rate and Maximum Allowance Less than 3 years 15 working days accrued at the rate of 1.5 days per completed month of service up to a total of 15 working days per year.

  • Earned Vacation Time Vacation time shall be earned by twelve-month employees according to the provisions of the Ohio Civil Service Laws and Rules of the Department of Administrative Services.

  • Notwithstanding the preceding sentence, a Crew Member with a FMLA qualifying event or who exhausts his sick leave bank while still on sick leave may take Accrued Vacation and/or Earned Vacation, at his option, in order to supplement his FMLA or sick leave.

  • Part-time 12 month Earned Vacation: Part-time 12-month employees who work and/or are paid for six (6) hours or more per day shall earn and be credited with pro-rata vacation in accordance with the schedule above.

  • Earned Vacation is available for use after one-hundred eighty (180) days of employment.

  • All Compensation due to Employees shall be prorated as of the Cut-Off Time, other than Accrued and Earned Vacation Pay, which shall be addressed in accordance with Section 10.1(g) below.

  • The following schedule will prevail: Days of Accumulated Sick Leave Days of Earned Vacation 50-74 2 75-99 3 100+ 4 All vacation days earned in this manner shall be added to regular vacation days and taken during the following year in accordance with Article XIV, of the current Agreement.

  • Selling Back Earned Vacation Time: The Parties agree to follow the County policy Section 7.505 in effect on the effective date of this Agreement.

  • Earned Vacation time shall be paid to estate of deceased employee at the per diem rate.

  • An employee who leaves the employ of the Company for any reason will receive vacation pay as follows: Earned Vacation Earned vacation is defined as a vacation for which the employee became eligible on the first day of the payroll year prior to his termination and such unused earned vacation shall be paid to him upon his termination of employment.


More Definitions of Earned Vacation

Earned Vacation means the value of vacation earned by each employee as a result of remaining employed by Seller as of the end of December 31, 2018 in accordance with Sellers existing policies and procedures, that is not used by the Employee or otherwise paid by the Sellers prior to the Closing. 2018 Earned Vacation shall be reduced by the amount of time off taken by the Employee between January 1, 2019 and the date of Closing.
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Earned Vacation means that entitlement earned in a vacation year which remains to an employee’s credit after July 31. Such entitlement is to be taken by the end of the pay period that includes August 31 of the following year at the discretion of the company. (Up to 5 unused days at the end of one year can be carried to the following year.)
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Earned Vacation means, with respect to any Employee, the salary and wages which such Employee is entitled to receive for any vacation time off that is earned in accordance with the Employer’s employee policies but which is unused by such Employee as of the time in question, together with all employment taxes with respect thereto.
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Earned Vacation means the vacation time (i.e., the number of weeks or days) a pilot is
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Related to Earned Vacation

  • Vacation means annual vacation with pay.

  • Earned Bonus means the bonus paid, if any, pursuant to the Company’s incentive compensation plans in effect from time to time. Earned Bonus shall be prorated based on the ratio of the number of days during such year that Executive was employed to 365.

  • Vacation Year means the twelve (12) month period commencing on the first day of April in each calendar year and concluding on the last day of March of the following calendar year.

  • Earned Compensation means any Annual Base Salary earned, but unpaid, for services rendered to the Company on or prior to the date on which the Employment Period ends pursuant to Section 3(a) (but excluding any salary and interest accrued thereon payment of which has been deferred).

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.