Common use of Five Weeks Clause in Contracts

Five Weeks. Every employee upon completion of sixteen (16) years of continuous service is entitled to a vacation of five (5) weeks. Vacation pay is calculated on a basis of ten percent (10%) of gross wages earned during the previous calendar year, or five (5) week's pay, whichever is the greater. A calendar year means, for the sake of this Article, a period of one (1) year commencing from the first (lst) day of the employee's continuous service.

Five Weeks. Every employee upon completion of sixteen For the fifteenth (1615th ) and subsequent years of continuous service is entitled to a completed, an employee shall earn annual vacation of five (5) weeks. Vacation , and shall receive pay is calculated on a basis of for such vacation in an amount equal to ten percent (10%) of gross wages earned during the previous calendar year, or five (5) week's pay, whichever is the greater. A calendar year means, earnings for the sake of this Article, a period of one (1) year commencing from the first (lst) day of the employee's continuous servicein which vacation entitlement is earned.