Common use of Prorating Process Clause in Contracts

Prorating Process. In each of (b), (c), (d) and (e) above, an employee shall be entitled to additional vacation (in the first vacation year following their 2nd, 5th, 9th and 19th anniversary) calculated as follows: Number of months from anniversary date to the end of the vacation year ÷ 12 x 40 = prorated entitlement.

Appears in 3 contracts

Sources: Collective Agreement, Collective Agreement, Collective Agreement