Unused PTO Sample Clauses

Unused PTO. At the end of each contract year, unused PTO hours will be added to each teacher’s previously accrued sick/adoption leave balance.
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Unused PTO. In addition to the severance payments set forth in Section 2(a) and (b), the Company will pay Executive for any accrued but unused “paid time off” as of the Effective Date; payment will be made no later than November 15, 2010.
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Unused PTO. Sick Leave days may accumulate to a maximum credit of six hundred forty (640) hours of PTO/Sick Leave per employee; 80 days for bus drivers. A bank of PTO/Sick Leave hours shall be available at the beginning of each school year. Any member who has accumulated more than 32 hours/8 days for bus drivers of PTO/Sick Leave may contribute their excess PTO/Sick leave time to a pool to be used for catastrophic illness or accident for another member of the group. (Members must keep a minimum of 32 hours/8 days for bus drivers of PTO/Sick Leave for themselves.) These hours may be used by a member subject to the following conditions:
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Unused PTO. When employment is terminated, the unused accrued PTO shall be paid to the employee at the rate applicable at the time of termination. Where employment is terminated and the employee's PTO balance is negative, Swan Water Services may recover the cost from the employee's final pay.
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Unused PTO. You have accrued 116 hours of unused Paid Time Off (“PTO”). Based on your annual salary of $200,000, this would equate to $96.15 per hour, and your unused PTO amounts to $11,153.40. The Company agrees to pay you, in its March 13, 2015 payroll, an additional lump-sum payment of $11,153.40, less legally required state, federal or local deductions.
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Unused PTO. The Company will pay Employee $________ less all applicable withholding, for earned but unused PTO. This payment will be made at the same time as the first normal payroll period following the Effective Date.
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Unused PTO. Upon the retirement or death of a full-time Firefighter, the Firefighter or his/her estate shall be paid for all unused PTO time credited to the Firefighter. Unused PTO time means PTO time not used for the benefit year in which the Firefighter retires or dies.
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Unused PTO. Any employee having accrued unused PTO at the end of the calendar year shall have the privilege of carrying such unused leave forward into the following year.
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Related to Unused PTO

  • Unused Fees For each day during the term hereof that the Applicable Rate is determined pursuant to clause (a) of the definition of Applicable Rate, the Borrower shall pay a fee to the Administrative Agent for the pro rata benefit of the Lenders in an amount equal to the Unused Fee for such day. The Unused Fee shall be payable quarterly in arrears on the first Business Day of each calendar quarter and as of the Revolving Maturity Date.

  • Unused Line Fee Borrower shall pay to Lender monthly an unused line fee at a rate equal to one-half (1/2%) percent per annum calculated upon the amount by which the Revolving Loan Limit exceeds the average daily principal balance of the outstanding Revolving Loans and Letter of Credit Accommodations during the immediately preceding month (or part thereof) while this Agreement is in effect and for so long thereafter as any of the Obligations are outstanding, which fee shall be payable on the first day of each month in arrears.

  • Unused Commitment Fees No Defaulting Lender shall be entitled to receive any Unused Commitment Fee for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender).

  • Unused Commitment Fee Borrower shall pay to Bank a fee equal to ten-hundredths percent (0.10%) per annum (computed on the basis of a 360-day year, actual days elapsed) on the average daily unused amount of the Line of Credit, which fee shall be calculated on a calendar quarter basis by Bank and shall be due and payable by Borrower in arrears on the last day of each September, December, March and June.

  • Unused Fee The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, an unused fee equal to the Unused Rate times the actual daily amount by which the Aggregate Commitments exceed the sum of (i) the Outstanding Amount of Loans and (ii) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.17. For the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be counted towards or considered usage of the Aggregate Commitments for purposes of determining the unused fee. The unused fee shall accrue at all times during the Availability Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period. The unused fee shall be calculated quarterly in arrears, and if there is any change in the Unused Rate during any quarter, the actual daily amount shall be computed and multiplied by the Unused Rate separately for each period during such quarter that such Unused Rate was in effect.

  • Unused Facility Fee A quarterly Unused Facility Fee equal to one quarter of one percent (0.25%) per annum of the difference between the Revolving Line and the average outstanding principal balance of Advances during the applicable quarter, which fee shall be payable within five (5) days of the last day of each such quarter and shall be nonrefundable; and

  • Vacation Days Employee shall be entitled to the same paid vacation days each calendar year during the term of this Employee Agreement as authorized by the Company for its other employees.

  • Daily All time worked after forty-eight (48) hours per week or after ten (10) hours per day, or before seven o’clock in the forenoon (7:00 a.m.) and six o’clock in the afternoon (6:00 p.m.) shall be deemed overtime work or shift work and shall be paid at time and one-half (1 1/2) the regular shift rate, save and except shift work.

  • Vacation; Paid Time Off During the Employment Term, the Executive shall be entitled to fifteen (15) paid vacation days per calendar year (prorated for partial years) in accordance with the Company’s vacation policies, as in effect from time to time that is at least as favorable as that provided to other similarly situated executives of the Company. The Executive shall receive other paid time-off in accordance with the Company’s policies for executive officers as such policies may exist from time to time.

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