Common use of Maximum Accrual Clause in Contracts

Maximum Accrual. Employees will be allowed to accrue vacation in the amount that is earned for the year. During a calendar year, that amount may exceed the maximum, however, on December 31st of each year the number of vacation hours accrued shall be automatically reduced to the maximum.

Maximum Accrual. Employees will be allowed to accrue vacation in the amount that it is earned for the year. During a calendar year, that amount may exceed the maximum, however, on December 31st 31 of each year the number of vacation hours accrued shall be automatically reduced to the maximum.

Maximum Accrual. Employees will be allowed to accrue vacation in the amount that is earned for the year. During a calendar year, that amount may exceed the maximum, ; however, on December 31st of each year the number of vacation hours accrued shall be automatically reduced to the maximum.

Maximum Accrual. Employees will be allowed to accrue vacation in the amount that is earned for the year. During a calendar year, that amount may exceed the maximum, however, on December 31st June 30th of each year the number of vacation hours accrued shall be automatically reduced to the allowable maximum.

Maximum Accrual. Employees will be allowed to accrue vacation in the amount that it is earned for the year. During a calendar year, that amount may exceed the maximum, ; however, on December 31st 31 of each year the number of vacation hours accrued shall be automatically reduced to the maximum.