VACATIONS AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Pension, Health Benefit Plan, Education and Assistance Fund and Industry Fund. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.
VACATION AND VACATION PAY 9.01 All employees who are covered under this Agreement shall receive vacation pay as a percent of the employee's total earnings exclusive of the Employer's contribution to the Union's Benefit Plan. Income tax shall be deducted weekly from the employee's earnings increased by the amount of vacation pay.
ANNUAL LEAVE (VACATION) A. Full time employees, except for participants in the Deferred Retirement Option Program, shall be entitled to earn Annual Leave (Vacation) time according to the following schedule: YEARS OF CONSECUTIVE SERVICE COMPLETED: DAYS EARNED PER BI-WEEKLY PERIOD: UP TO AN ANNUAL MAXIMUM OF: less than 5 .38 10 days 5 .57 15 days 10 .65 17 days 13 .77 20 days 20 .80 21 days 21 .84 22 days 22 .88 23 days 23 .92 24 days 24 .96 25 days B. Annual Leave days may be accumulated to a maximum of thirty (30) work days.
HOLIDAYS AND VACATIONS If work is performed on Buyer's premises, Buyer shall not be obligated to make any payments to Seller for days designated by Buyer as holidays or shutdown periods, except for work specifically authorized in writing by Xxxxx's Authorized Procurement Representative and performed by Seller on such days.
HOLIDAYS AND VACATION Executive shall be eligible for paid holiday and vacation time in accordance with Company policy as in effect from time to time and made available to Company’s senior management employees.
Use of Sick Leave Credits An employee may draw from the employee’s sick leave credits in conjunction with Workers’ Compensation payments to equal, but not exceed, the employee’s regular daily rate of pay. When the insurance company makes payment, the Town shall be reimbursed for that portion of sick leave covered by insurance and the employee will be re-credited with the proportional amount of sick leave. An employee may not use vacation or personal leave credits to supplement Workers’ Compensation.
Split Vacations Where an employee wishes to split her vacation, her second choice of vacation time shall be made only after all other employees concerned have made their initial selection.
ARTICLE VACATIONS For the purpose of calculating eligibility, the vacation year shall be the period from July 1st of any year to June 30th of the following year. The periods at which employees shall take vacation shall be based on the selection by the employee according to seniority in each department, but shall be finally determined by the Administrator having due concern for the proper operation of the Nursing Home. Vacation time will be allotted between the months of May and September inclusive, if possible, unless some other time is mutually arranged between the individual employee and the Employer. Vacations are not cumulative from year to year and all vacations must be taken by May following the cut off date. Employees shall not waive vacation and draw double pay. Employees who have not completed their probationary period as of June 30th will receive four percent (4%) of their gross earnings during the vacation year. Employees who have completed their probationary period as at the vacation cut off date will be granted one day's vacation leave for each month of service to a maximum of ten days. Vacation pay for such employees will be four percent (4%) of gross earnings during the vacation year. Employees with one (1) year of service on or before June 30th of the current year shall receive two (2) weeks vacation. Vacation pay for such employees will be four percent (4%) of gross earnings for the vacation year. Employees with three (3) years of service on or before June 30th of the current year shall receive three (3) weeks vacation. Vacation pay for such employees will be six percent (6%) of gross earnings for the vacation year. Employees with eight (8) years of service on or before June 30th of the current year shall receive four (4) weeks vacation. Vacation pay for such employees will be eight percent (8%) of gross earnings for the vacation year. Employees with fifteen (15) years of service on or before June 30th of the current year shall receive five (5) weeks vacation. Vacation pay for such employees shall be ten percent (10%) of gross earnings for the vacation year. Employees with twenty-five (25) years of service on or before June 30th of the current year shall receive six (6) weeks vacation. Vacation pay for such employees will be twelve percent (12%) of gross earnings for the vacation year. For employees who are regularly scheduled to work seventy-five (75) hours vacation pay is to be paid as a percentage of total earnings or regular pay whichever is greater. Employees who have lost their seniority and have terminated their employment as set out in Article herein, between vacation periods, shall on termination of employment be paid a vacation with pay allowance based on the amount of vacation pay to which such employee shall be entitled from the last cut off date prior to the date of termination. Such allowance shall be paid no later than the next regular payroll date. The Employer may pay vacation pay as part of the regular pay. such circumstances, the Employer undertakes that the rate of income tax on the vacation pay will not change unless the vacation pay changes the employee’s annual tax bracket.
PAID VACATIONS 16.01 An employee in the active employ of the Company shall be entitled to an annual paid vacation pay on the following basis:
Banked Vacation Once every five years an employee may bank one full year's vacation to be taken in conjunction with the next year's vacation. For the purposes of this clause, all vacation in the second year must be taken concurrently.
