Accruals. All material accruals for unpaid vacation pay, premiums for unemployment insurance, health premiums, federal or provincial pension plan premiums, accrued wages, salaries and commissions and payments for any plan for any officer, director, employee or consultant of the Corporation have been accurately reflected in the books and records of the Corporation.
Accruals. All eligible supervisors shall accrue vacation leave according to the following rates: Length of Service Requirement Rate Per Full Payroll Period 0 through 5 years 4 working hours After 5 through 8 years 5 working hours After 8 through 12 years 7 working hours After 12 through 19 years 7½ working hours After 19 through 24 years 8 working hours After 24 through 30 years 8½ working hours After 30 years 9 working hours Length of service is defined as the length of employment with the State of Minnesota since the last date of hire in accordance with Section 1(A). Length of service shall be interrupted only by separation because of resignation, termination, discharge for just cause, failure to return upon expiration of a leave of absence, failure to respond to a recall from layoff, or retirement. A supervisor shall not suffer a reduction in his/her vacation accrual rate due to being covered by a contract or plan with a vacation accrual scale with a different length of service requirement component than that indicated above. For purposes of determining changes in a supervisor's accrual rate, periods of suspension or unpaid non-medical leaves of absence shall not be deducted from the Length of Service Requirement unless they are one (1) full payroll period or more in duration. However, for supervisors on an unpaid military leave of any duration, or an FMLA qualifying leave of any duration, no adjustment to accrual rates shall be required. This method will be effective only after this date and shall not be used to change any Length of Service Requirements determined prior to that date. Changes in accrual rate shall be made effective at the beginning of the next payroll period following completion of the specified Length of Service Requirement. Supervisors being paid for less than a full eighty (80) hour pay period will have their vacation accruals pro-rated in accordance with the schedule set forth in Appendix C.
Accruals. All eligible Assistant Chiefs shall accrue vacation pay according to the following rates: Length of Service Rate Per Full Payroll Period 0 through 5 years 5.5 working hours After 5 through 8 years 6.5 working hours After 8 through 12 years 9.5 working hours After 12 through 19 years 10 working hours After 19 through 24 years 10.5 working hours After 24 through 30 years 11.5 working hours After 30 years 12 working hours Vacation charges for Assistant Chiefs shall be computed based on the number of hours the employee was scheduled to work on the day(s) the vacation was taken [twenty-four (24)]. Appendix C of the Master Agreement shall be supplemented and/or modified as follows: Eligible Assistant Chiefs paid for less than a full one hundred and six (106) hour pay period shall have their vacation accruals pro-rated according to the rate table listed below: HOURS OF VACATION ACCRUED DURING EACH PAYROLL PERIOD BASED ON LENGTH OF SERVICE At least 12.5 Less than 26 1 1.25 1.75 2 2 2.25 2.25 At least 26 Less than 39 1.25 1.75 2.25 2.75 2.75 3 3 At least 39 Less than 52.5 2 2.75 3.75 4 4 4.25 4.75 At least 52.5 Less than 65.5 2.75 3.25 4.75 5 5.25 5.75 6 At least 65.5 Less than 79 3.25 4.25 6 6.25 6.75 7.25 7.5 At least 79 Less than 92 4 5 7 7.75 8 8.5 9 At least 92 Less than 105.5 4.75 6 8.25 9 9.25 10 10.5 At least 105.5 5.5 6.5 9.5 10 10.5 11.5 12 Assistant Chiefs may accumulate unused vacation leave to a maximum of five hundred and thirty (530) hours. The five hundred and thirty (530) hours is the amount to be in place in Article 8, Section 1D and Section 3 of the Master Agreement.
Accruals. All cash received in respect of realisation of Investments in MCP III, including dividends declared and paid by each of the Selected VCC’s, will be paid into the MCM Nominated Account, where after MCM will on pay such cash to the Investor less any fees payable (as more fully detailed herein and the Investment Memorandum) that may be owing.
Accruals. When an employee is recalled from layoff and re-employed, he/she is considered to have continuous service credit, less the time spent on layoff, for computation of future earned vacations. Sick leave will be reinstated in an amount equal to that as of the date of the employee's layoff if he/she does not receive a payout as described in 12.13