Years of Service definition

Years of Service means the total number of full years in which a Participant has been employed by one or more Employers. For purposes of this definition, a year of employment shall be a 365 day period (or 366 day period in the case of a leap year) that, for the first year of employment, commences on the Employee's date of hiring and that, for any subsequent year, commences on an anniversary of that hiring date. Any partial year of employment shall not be counted.
Years of Service means each Plan Year of Service completed by the Participant. For vesting purposes, Years of Service shall be calculated from the date designated in the Adoption Agreement and Service shall be based on service with the Company and all Participating Employers.

Examples of Years of Service in a sentence

  • If you are on probation you shall be entitled to one days notice of termination The notice of termination period shall be: By the employer: Years of Service Required Notice Not more than 1 year At least 1 week More than 1 year but not more than 3 years At least 2 weeks More than 3 years but not more than 5 years At least 3 weeks Over 5 Years At least 4 weeks If you are 45 years or over and have completed at least two years continuous service with us, you will receive one additional weeks notice.

  • An employee shall earn vacation leave credits for each calendar month during which the employee receives pay for at least ten (10) days at the following rates: Years of Service Equivalent Annual Vacation 6+ to 14 20 days 14+ to 20 25 days 20+ 30 days a) vacation credits as above will be prorated for regular part time employees.

  • EMPLOYEES of the City of La Mesa shall earn paid vacation as follows: Years of Service Vacation Hours Authorized Per Year Accrual Rate Per Pay Period 0-60 months 80 3.077 61-120 months 120 4.615 Over 120 months 160 6.154 Vacations will be scheduled to meet the operating requirements of the CITY and the preference of the EMPLOYEE.

  • Full-time custodial/maintenance employees shall earn vacation in accordance with the following schedule: Years of Service* Vacation Days Years 1 through 3 10 days (maximum accrual) Years 4 through 8 15 days Years 9 + 20 days *Years of service refers to full years of employment in the District, calculated as beginning before November 1.

  • In each year, vacation leave be established for all regular employees according to the following schedule: Years of Service of Vacation of Gross Earnings year but less than years weeks (10 days) years but less than years weeks (15 days) years but less than years weeks (20 days) years or more weeks (25 days) years or more weeks (30 days) Section For the purpose of this Article, gross earnings shall include all payments made by the Company to the employee for work performed, for paid holidays, vacation, etc.


More Definitions of Years of Service

Years of Service means the twelve (12) consecutive month period beginning on the Executive’s date of hire and any twelve (12) month anniversary thereof during the entirety of which time the Executive is an employee of the Bank. Service with a subsidiary or other entity controlled by the Bank before the time such entity became a subsidiary or under such control shall not be considered “credited service.”
Years of Service means the total number of twelve-month periods during which the Executive is employed on a full-time basis by the Company, inclusive of any approved leave of absence.
Years of Service means the total number of twelve-month periods during which the Director serves as a member of the Company's Board of Directors.
Years of Service means Participant’s total number of years of “accumulated service” as such term is defined with respect to salaried employees under the Retirement Plan for Koppers Inc. (regardless of whether Participant is eligible to receive a benefit under such plan).
Years of Service means each Plan Year of Service completed by the Participant. For vesting purposes, Years of Service shall be calculated from the date designated in the Adoption Agreement.
Years of Service means the Employee’s total years of employment with a Regency Entity, including years of employment with an entity that is acquired by a Regency Entity prior to such acquisition.
Years of Service means the aggregate period of time, expressed as a number of whole years and fractions thereof, during which the Participant was a member of the Board or served as an Employee (as applicable) in paid status.