Common use of Anniversary Year Clause in Contracts

Anniversary Year. For purposes of this rule, the anniversary year of Amtrak service is the number of continuous years of service with Amtrak. In determining PTO accrual, the beginning of the year in which an employee’s anniversary date falls will correspond to the anniversary year of Amtrak service. For example, if the employee will have nine years of service on 1 Employees who earned vacation for calendar year 2023 will still be able to use that vacation in 2023; however, it will be paid out if not taken in 2023, it will not roll over to the next year.

Appears in 2 contracts

Samples: Rule Agreement, Time Off Agreement

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Anniversary Year. For purposes of this rule, the anniversary year of Amtrak service is the number of continuous years of service with Amtrak. In determining PTO accrual, the beginning of the year in which an employee’s anniversary date falls will correspond to the anniversary year of Amtrak service. For example, if the employee will have nine years of service on 1 Employees who earned vacation for calendar year 2023 will still be able to use that vacation in 2023; howeverNovember 2, it will be paid out if not taken in 2023, it the employee will not roll over to the next yearstart accruing at 13.33 hours per month starting on January 2023.

Appears in 2 contracts

Samples: Rule Agreement, Time Off Agreement

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