Common use of Maximum Accrual Clause in Contracts

Maximum Accrual. Vacation credit may be accumulated to a maximum that can be earned in three (3) years. Further accumulation will not continue when the maximum is reached. When an employee’s vacation reaches the maximum level, and if the employee has been denied vacation during the past twelve

Maximum Accrual. Vacation credit may be accumulated to a maximum that can be earned in three four (34) years. Further accumulation will not continue when the maximum is reached. When an employee’s vacation reaches the maximum level, and if the employee has been denied vacation during the past twelve

Maximum Accrual. Vacation credit may be accumulated to a maximum that can be earned in three (3) yearsyears as set forth below. Further accumulation will not continue when the maximum is reached. When an employee’s vacation reaches the maximum level, and if the employee has been denied vacation during the past twelvetwelve (12) months, the employee will be paid for the time denied. Employees that are on approved Military Leave shall be credited with those vacation hours which they normally would have accrued upon their approved return to work.

Maximum Accrual. Vacation credit may be accumulated to a maximum that can be earned in three (3) years. Further accumulation will not continue when the maximum is reached. When an employee’s employee‟s vacation reaches the maximum level, and if the employee has been denied vacation during the past twelve

Maximum Accrual. Vacation credit may be accumulated to a maximum that can be earned in three (3) years. Further accumulation will not continue when the maximum is reached. When an employee’s 's vacation reaches the maximum level, and if the employee has been denied vacation during the past twelvetwelve (12) months, the employee will be paid for the time denied.