STO Bank Accrual Sample Clauses

STO Bank Accrual. Each employee shall be entitled to annual Scheduled Time Off. Scheduled time off is earned on an hourly basis. For purposes of this section, a day is defined as eight (8) work hours. The accrual schedule shall be as follows: TOTAL HOURLY SERVICE YEARS YEARLY ACCRUAL ACCRUAL MAXIMUM & WORK DAY ACCRUAL IN FACTOR FACTOR ALLOWABLE EQUIVALENT WORKDAYS PER HOUR PER PP BALANCE 1st year 1st through 261 days 19 .073076 5.846 57 work days 2nd through 4th year 262 through 1044 days 21 .080769 6.461 63 work days 5th through 9th year 1045 through 2349 days 25 .096153 7.692 75 work days 10th through 14th year 2350 through 3654 days 27 .103846 8.307 81 work days 15th through 19th year 3655 through 4959 days 29 .111538 8.923 87 work days 20th and thereafter 4960 days 31 .119230 9.538 93 work days
Sample 1Sample 2Sample 3See All (12)
AutoNDA by SimpleDocs
STO Bank Accrual. Each employee shall be entitled to annual Scheduled Time Off. Scheduled time off is earned on an hourly basis. For purposes of this section, a day is defined as eight (8) work hours. The accrual schedule shall be as follows: TOTAL HOURLYRVICE YEARS YEARLY ACCRUAL ACCRUAL MAXIMUM & WORK DAY ACCRUAL IN FACTOR FACTOR ALLOWABLE EQUIVALENT WORKDAYS PER HOUR PER PP BALANCE 1st year 1st through 261 days 19 .073076 5.846 57 work days 2nd through 4th year 262 through 1044 days 21 .080769 6.461 63 work days 5th through 9th year 1045 through 2349 days 25 .096153 7.692 75 work days SE 10th through 14th year 2350 through 3654 days 27 .103846 8.307 81 work days 15th through 19th year 3655 through 4959 days 29 .111538 8.923 87 work days 20th and thereafter 4960 days 31 .119230 9.538 93 work days b) Pre-Scheduled Usage Scheduled Time Off may be used for any lawful purpose by the employee; the time requested shall require the approval of management with due consideration of employee convenience and administrative requirements.
Sample 1Sample 2Sample 3See All (7)

Related to STO Bank Accrual

  • Bank Account Payments shall be made to the Contractor’s bank account denominated in euro, identified as follows: Name of bank: [complete] Address of branch in full: [complete] Exact designation of account holder: [complete] Full account number including codes: [complete] [IBAN code: [complete]]

  • – BANK ACCOUNT FOR PAYMENTS All payments must be made to the coordinator's bank account as indicated below: Name of bank: […] Precise denomination of the account holder: […] Full account number (including bank codes): […] [IBAN code: […]]10

  • Vacation Accrual Rates Laid off employees who are re-employed shall have the vacation accrual rate they held immediately prior to layoff restored.

  • Disclosure Statement for Xxxxxxxxx Education Savings Accounts 1. Who is Eligible for a Xxxxxxxxx Education Savings Account? Anyone may contribute to a Xxxxxxxxx Education Savings Account regardless of his or her relationship to the beneficiary. The beneficiary of a Xxxxxxxxx Education Savings Account

  • Account Fees The Company, by resolution of the Board of Directors, including a majority of the Independent Directors, may from time to time authorize the imposition of a fee as a direct charge against shareholder accounts of any class of one or more of the Funds, such fee to be retained by the Company or to be paid to the Investment Manager to defray expenses which would otherwise be paid by the Investment Manager in accordance with the provisions of paragraph 4 of this Agreement. At least sixty days prior written notice of the intent to impose such fee must be given to the shareholders of the affected Fund or Fund class.

  • Vacation Accrual Regular employees shall accrue hours of vacation with pay for each hour of compensation to a maximum of eighty (80) hours per biweekly work period according to the following schedule, commencing with the employee's hire date of his latest period of County employment.

Time is Money Join Law Insider Premium to draft better contracts faster.