Benefits Accrual Sample Clauses

Benefits Accrual. Benefits shall be accrued on hours worked on overtime or callback hours in addition to regularly scheduled hours to a maximum of 2080 hours in one anniversary year (twelve calendar months).
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Benefits Accrual. To induce the Executive to continue to serve Syntro and SyntroVet in his (her) present capacities, Syntro shall provide the Executive with severance benefits as set forth below, 4
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Benefits Accrual. To induce the Executive to continue to serve Wave in his present capacities, Wave shall provide the Executive with severance benefits set forth in Section 11(c) below, if, within one (1) year after there has occurred a "change in control" (as hereinafter defined) the Executive has terminated his employment due to a Wave Cause, or the Executive's employment is terminated by Wave or its successor in interest for any reason other than Executive Cause.
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Benefits Accrual. During the leave, the employee shall not accrue employment benefits such as personal hours, vacation pay, or pension credit. Employment benefits accrued up to the day which the leave begins will not be lost. Upon return to work, service will be credited for the leave period for seniority purposes. Substitution of Paid Leave for Part of Unpaid Leave Employees are required to substitute accrued vacation, personal time, and sickness and accident benefits for any part of the twelve (12) week period. Once available paid leave is used up (except for forty (40) hours of vacation) the remainder of the twelve (12) weeks will be unpaid.
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Benefits Accrual. To induce the Executive to continue to serve Syntro and SyntroVet in his present capacities, Syntro shall provide the Executive with severance benefits as set forth below, unless he is terminated for Executive Cause. The Executive shall be paid severance benefits as set forth in Section 12(c) ("Severance Benefits") upon the following conditions: (1) the termination of his employment with Syntro pursuant to Section 10(a)(1), (3) or (4); or (2) Within one (1) year after there has occurred a "change in control" (as hereinafter defined) the Executive has terminated his employment due to a Syntro Cause, or the Executive's employment is terminated by Syntro or its successor in interest for any reason other than Executive Cause. (b)
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Benefits Accrual. Seniority, vacation, holidays, and credit toward longevity steps, do not accrue while an employee is on unpaid leave, or leave reimbursed under the Grandfathered Short Term Disability plan.
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Related to Benefits Accrual

  • Vacation Accrual Regular employees shall accrue hours of vacation with pay for each hour of compensation to a maximum of eighty (80) hours per biweekly work period according to the following schedule, commencing with the employee's hire date of his latest period of County employment.

  • Vacation Leave Accrual ‌ After a full-time employee has been in pay status for eighty (80) non-overtime hours in a calendar month, the employee will accrue vacation leave according to the rate schedule below. Vacation leave accrual for part-time employees will be proportionate to the number of hours the part-time employee is in pay status during the month to that required for full-time employment.

  • Leave Accrual After the first 30 days of active military service in any one calendar year, employees shall not accrue City-paid vacation, holiday, or sick leave benefits or other forms of paid leave; provided, however, that any public employee on military leave for intermittent training periods shall continue to accrue the same vacation, sick, and holiday leave up to a maximum period of 180 cumulative days per calendar year as if the employee had not been on military leave.

  • Deferred Compensation Account All Participant Deferral Credits and Employer Credits shall be credited to the Deferred Compensation Account of the Participant as provided in Section 8.

  • Compensation Benefits Etc During the Employment Period, the Manager shall be compensated as follows:

  • Annual Leave Accrual If an employee leaves State Classified employment and is later rehired, he/she shall accrue annual leave at the same rate as a new hire. However, once a rehired employee has been in pay status for five (5) years, all previous service time shall be credited for annual leave accrual. The only exception shall be for employees rehired who repay severance pay received.

  • Salary Benefits and Bonus Compensation 3.1 BASE SALARY. Effective July 1, 2000, as payment for the services to be rendered by the Employee as provided in Section 1 and subject to the terms and conditions of Section 2, the Employer agrees to pay to the Employee a "Base Salary" at the rate of $180,000 per annum, payable in equal bi-weekly installments. The Base Salary for each calendar year (or proration thereof) beginning January 1, 2001 shall be determined by the Board of Directors of Avocent Corporation upon a recommendation of the Compensation Committee of Avocent Corporation (the "Compensation Committee"), which shall authorize an increase in the Employee's Base Salary in an amount which, at a minimum, shall be equal to the cumulative cost-of-living increment on the Base Salary as reported in the "Consumer Price Index, Huntsville, Alabama, All Items," published by the U.S. Department of Labor (using July 1, 2000, as the base date for computation prorated for any partial year). The Employee's Base Salary shall be reviewed annually by the Board of Directors and the Compensation Committee of Avocent Corporation.

  • Benefits   on In the event of a lay-off of a full-time employee, the Hospital shall pay its share of insured benefits premium up to three (3) months from the end of the month in which the lay-off occurs or until the laid off employee is employed elsewhere, whichever occurs first.

  • Retiree Medical Benefits If Executive is or would become fifty-five (55) or older and Executive's age and service equal sixty-five (65) and Executive has at least five (5) years of service with the Company within two (2) years of Change in Control, Executive is eligible for retiree medical benefits (as such are determined immediately prior to Change in Control). Executive is eligible to commence receiving such retiree medical benefits based on the terms and conditions of the applicable plans in effect immediately prior to the Change in Control.

  • Group Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be a paid or unpaid leave, contact the District’s Human Resources Department.

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