Common use of Rollback Clause in Contracts

Rollback. The Employer will compensate the employee on a day for day or shift for shift basis for any personal leave days accrued over that amount each year. For the purpose of determining annual leave accrued and/or payments, a year shall be from October 1 to September 30. These payments shall be made no later than the first pay day in December at the September 30 rate of pay.

Rollback. The Employer will compensate the employee on a day for day or shift for shift basis for any personal leave days accrued over that amount each year. For the purpose of determining annual leave accrued and/or payments, a year shall be from October 1 to September 30. These payments may be as early as the second pay day in November, but shall be made no later than the first pay day in December at the September 30 rate of pay.