Employee Vacation Sample Clauses

Employee Vacation. Full-time 12-month ESP’s earns 10/12’s (10 days for a complete 12-month employment period) of a vacation day per month in their first through their fifth year, to be taken in the subsequent year. In the sixth and succeeding year, employees earn 15/12’s (15 days for a complete 12-month employment period) of a vacation day per month to be taken in the subsequent year. In the 12th year of service ESP’s will earn 20 days of vacation to be taken in the subsequent year. Vacation days are prorated by the employee’s anniversary date. As an example, an employee earns their vacation the first year to be used the following year. Since vacation days are earned from January 1st to December 31st, an employee with an anniversary date of August 1st will earn vacation days for five months worked. This is five months x 5/6 days = 4.17 days or four vacation days. The four vacation days can be taken from January 1 to December 31 of the following year. A full-time 12-month ESP will earn 10 days of vacation in the first year of employment, to be taken prior to the end of their second year of employment. A full-time 12-month ESP in their sixth year of employment will earn 15 days of vacation to be taken prior to the end of their seventh year of employment. Requests for vacation should be submitted to an employee’s supervisor and will be scheduled to avoid conflicts. Vacation days may not be carried over to the next year unless the superintendent gives approval. Employees who transfer from nine, ten, or 11-month positions will receive vacation on a pro-rated basis. ABSENCES When an employee must be absent from work, the employee shall inform the appropriate supervisor and/or the District as early as possible, preferably 24 hours in advance according to procedure. Early notification facilitates the acquisition of a substitute when appropriate.
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Employee Vacation. Employee acknowledges and represents that Employee has ___ days of accrued unused vacation days through the Separation Date, and therefore Employee shall receive a payment of $_______ for accrued unused vacation days within 5 business days after the Separation Date.
Employee Vacation. Any vacation or paid time off accrued but unused by a Continuing Employee as of immediately prior to the Effective Time shall be paid by the Company to such Continuing Employee immediately prior to the Effective Time.
Employee Vacation. 17.01 Full-time active seniority employees shall be entitled to annual vacations in accordance with the following:
Employee Vacation. Employee acknowledges and represents that Employee has no accrued unused vacation days through the Separation Date, and therefore Employee shall receive no payment for accrued unused vacation days.
Employee Vacation. Solely for the purpose of determining the amount of vacation to which an employee of Buyer is entitled under Buyer's vacation policy, Buyer will credit each employee hired by Buyer after the Closing Date, who was an employee of Sellers at any Franchised Restaurant as of the Closing Date, and whose employment is not terminated on or before the 90th day following the Closing Date, with an equal number of months of service to the number of months of service such employee is credited with by Seller as of the Closing Date.

Related to Employee Vacation

  • Benefits; Vacation Employee shall be eligible to receive all benefits as are available to similarly situated employees of Employer generally, and any other benefits that Employer may, in its sole discretion, elect to grant to Employee from time to time. In addition, Employee shall be entitled to four (4) weeks paid vacation per year, which shall be pro-rated for the first partial year of employment and shall accrue in accordance with Employer’s policies applicable to similarly situated employees of Employer.

  • Accrued Vacation It is further agreed by the parties hereto that, upon sale or transfer of ownership of any store or upon dissolution of business, vacation pay for all months worked for which no vacation pay has been given shall be immediately paid to all employees coming under this Agreement, regardless of length of time said employee has been with the Employer.

  • Vacation During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of the Company and its affiliated companies as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

  • Banked Vacation Once every five years an employee may bank one full year's vacation to be taken in conjunction with the next year's vacation. For the purposes of this clause, all vacation in the second year must be taken concurrently.

  • Vacation; Sick Leave During the Employment Term, the Executive shall be entitled to not less than four (4) weeks of vacation during each calendar year and sick leave in accordance with the Company’s policies and practices with respect to its executives.

  • Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no later than the fiscal year immediately following the fiscal year in which it is earned. Following the completion of six (6) months of service, the employee shall be entitled to use earned paid vacation.

  • Benefits and Vacation The Executive shall be eligible to participate in such insurance programs (health, disability or life) or such other health, dental, retirement or similar employee benefits programs as the Board may approve, on a basis comparable to that available to other officers and executive employees of the Company. The Executive shall be entitled to a minimum of three (3) weeks of paid vacation per year. Vacation time may be accumulated for up to one year beyond the year for which it is accrued and may be used any time during such year. Any vacation time not used during such additional year shall be forfeited. The value of any accrued but unused and unforfeited vacation time shall be paid in cash to the Executive upon termination of Executive's employment for any reason.

  • Annual Vacation Employee shall be entitled to twenty (20) business days of paid vacation during each year of this Agreement. Employee may be absent from his employment for vacation at such times as are pre-approved by the Employer’s Chief Executive Officer. Unused vacation shall not be carried over into the next year, and will not be paid in the form of cash.

  • VACATIONS 13.01 All employees who are regularly scheduled seventy-five (75) hours on a bi- weekly basis shall receive vacations with pay based on length of full-time continuous service as follows:

  • VACATIONS AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Pension, Health Benefit Plan, Education and Assistance Fund and Industry Fund. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.

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