Federal Vacation Leave Value definition

Federal Vacation Leave Value means the dollar value of the number of hours of vacation leave an Appointed Employee would have been entitled to as a federal employee for the year beginning on the Transfer Date based on that employee’s Federal Salary.

Related to Federal Vacation Leave Value

  • Annual Leave and Clause 6.3 “Personal (Sick) Leave” of this Agreement.

  • parental bereavement leave means leave under section 80EA of the Employment Rights Act 1996;

  • housing benefit means housing benefit under Part 7 of the SSCBA;

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • CIC Protection Period means the two-year period beginning on the date of a Change in Control and ending on the day before the second annual anniversary of the date of the Change in Control.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Base Period Income Base Period Income" is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.

  • Paid leave means time away from work by an employee for which the employee receives compensation. Paid leave is limited to sick time, vacation time, compensatory time, and leave that is provided as an aggregate amount for use at the discretion of the employee for any of these purposes. Paid leave does not include paid short-term or long-term disability, catastrophic leave, or similar types of benefits.

  • Extended benefit period means a period which:

  • Paid sick leave – means paid leave under the Emergency Paid Sick Leave Act.

  • Average weekly wage means the amount derived by dividing an

  • maternity leave means a period during which a woman is absent from work because she is pregnant or has given birth to a child, and at the end of which she has a right to return to work either under the terms of her contract of employment or under Part 8 of the Employment Rights Act 1996;

  • Applicable Wages means the basic straight time wages for all hours worked, including:

  • FMLA Leave means a leave of absence, which the Company is required to extend to an Employee under the provisions of the FMLA.

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Vacation Year means the twelve (12) month period commencing on the first (1st) day of April in each calendar year and concluding on the thirty-first (31st) day of March of the following calendar year.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Vacation means annual vacation with pay.

  • insurance period means a contribution period or an equivalent period;

  • Medical leave means leave from work taken by a covered individual that is made neces-

  • adoption leave means a period of absence from work on ordinary or additional adoption leave by virtue of section 75A or 75B of the Employment Rights Act 1996;

  • Current Sick Leave means those days of sick leave for the current contract year, which leave is granted at the rate of one day of sick leave per month worked, or major part thereof.

  • Bereavement Pay Benefits means the benefits as set out in Article II hereof.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Approved Leave of Absence means a leave of absence that has been approved by the applicable Participating Company in such a manner as the Board may determine from time to time.