Less Than One Year Sample Clauses

Less Than One Year. An employee who has less than one (1) year of service shall be entitled to one (1) day of vacation for each month of service up to that date not exceeding ten (10) working days. Vacation pay shall be four (4) percent of the employee’s gross earnings to April 30th of the current vacation year.
Less Than One Year. An employee who has completed less than one (1) year of continuous employment at the vacation cut-off date shall be entitled to a paid vacation on pro-rated basis. However, the Employer is not obligated to provide for the vacation to be taken until the employee has completed six (6) months of employment.
Less Than One Year. (08) An employee who, at the beginning of the calendar year has less than one (1) year of continuous service but who has had thirty (30) calendar days or more of continuous service shall be allowed one (1) working day's vacation per completed month of employment up to a maximum of ten (10) days vacation. The employee shall be entitled to vacation pay paid at four percent (4%) on total wages earned in the previous calendar year.
Less Than One Year. Full-time employees starting employment after January 1 of any calendar year will be credited one day of paid vacation leave for each month worked up to a maximum of 10 days. The vacation leave thus earned may be used during the succeeding calendar year (which is their first full calendar year of employment). However, up to 5 days maybe taken after six months of continuous employment in the first year by borrowing days from expected vacation in the succeeding calendar year. The number of vacation days a new employee may take in their second calendar year shall be reduced by the number of days borrowed in the first calendar year they were employed. “When determining the vacation allowance for new employees, those starting employment after the first day of a given month shall be considered employed on the first day of the first full month of employment.
Less Than One Year. If an employee has not completed one (1) year of continuous service with the Company, he/she shall receive an annual vacation of as many days as he/she has months of service with the Company, not to exceed ten (10) days. He/she shall receive for this vacation period four per cent (4%) of gross earnings to and including the last pay period prior to May 1st of the current year; however, this amount shall not exceed eighty (80) hours at his regular rate of pay.
Less Than One Year. If an employee terminates employment before completion of one (1) year, no vacation benefit will be paid.

Related to Less Than One Year

  • Where Term Less Than Agreement Term Where a provision of this collective agreement so provides, the provision shall be in effect for a term less than the term of the collective agreement.

  • Meal Period Employees shall receive a meal period which shall commence no less than two (2) hours nor more than five (5) hours from the beginning of the employee's regular shift or when he/she is called in to work on his/her regular day off. The meal period shall be no less than one-half (½) hour nor more than one (1) hour in duration and shall be without compensation. Should an employee be required to work in excess of five (5) continuous hours from the commencement of his/her regular shift without being provided a meal period, the employee shall be compensated two (2) times the employee's straight-time hourly rate of pay for the time worked during his/her normal meal period and be afforded a meal period at the first available opportunity during working hours without compensation.

  • Automatic Renewal Limitation for TIPS Sales No TIPS Sale may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated into a TIPS Sale Supplemental Agreement shall only be valid and enforceable when Vendor received written confirmation of acceptance of the renewal term from the TIPS Member for the specific renewal term. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. Any TIPS Sale Supplemental Agreement containing an “Automatic Renewal” clause that conflicts with these terms is rendered void and unenforceable.

  • Minimum Cash Balance Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement

  • Minimum Balance Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Bank may specify to Merchant in writing from time to time.

  • Minimum Interest Coverage Ratio The Borrower will not permit the ratio (the “Interest Coverage Ratio”), determined as of the end of each of its fiscal quarters ending on and after December 31, 2014, of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense, in each case for the period of four (4) consecutive fiscal quarters ending with the end of such fiscal quarter, all calculated for the Borrower and its Restricted Subsidiaries on a consolidated basis, to be less than 2.50 to 1.00.