Vacation and Holiday Fund Sample Clauses

Vacation and Holiday Fund. 4. (a) The Contractor agrees to pay into the Operating Engineers’ Local 324 Vacation and Holiday Fund the sum of fifteen percent (15%) of the gross wages earned by each employee working under the terms of this Agreement.
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Vacation and Holiday Fund. (a) Pursuant to the Amended and Restated Agreement and Declaration of Trust between the Union and the Associations governing the Operating Engineers’ Local 324 Vacation and Holiday Fund of Michigan, dated November 11, 1975, which is incorporated herein by reference, employees may voluntarily execute a written authorization for an assignment of a part of their base wages for the payment of working dues which are uniformly required of all employees working within the jurisdiction of the Union. The Contractor appoints the Trustees of the Operating Engineers’ Local 324 Vacation and Holiday Fund of Michigan as its agent for the receipt of said written authorizations and for the deduction of said working dues as hereinafter provided. Upon receipt of written authorization signed by the employee, the administrator shall deduct the amount authorized as working dues from Vacation and Holiday Fund contributions for said employee received by the administrator, prior to depositing such contributions into the Vacation and Holiday Fund.
Vacation and Holiday Fund. The per hour wage rate for Carpenters will include one dollar ($1.00) vacation and holiday payment; and eighty-five cents (.85) per hour to be paid under the Estamp Plan as outlined in Section 5.05 (This does not apply to 1st, 2nd, 3rd and 4th term apprentices.) When an employee works overtime, he/she shall receive an additional estamp equal to the vacation and holiday part of his wages for each overtime hour worked or majority fraction thereof as explained in Section 5.05. Employee receives double fringes on all time and one-half and double time hours worked. This contribution amount does not apply to 1st, 2nd, 3rd, and 4th term apprentices. The reporting, payment and administration of such vacation and holiday payment shall be governed by the terms of the trust agreement creating xxx XXXXXXXXXX’ VACATION AND HOLIDAY FUND OF ST. LOUIS . Upon thirty (30) days prior written notice by the Union to the Employer, the Union may increase the amount of the hourly Vacation and Holiday pay not more than once in each calendar year.
Vacation and Holiday Fund. ‌ The Contractor agrees to pay into the Operating Engineers’ Local 324 Vacation and Holiday Fund of Michigan (hereinafter called “Vacation and Holiday Fund”) the sum of fifteen percent (15%) of the gross wages earned by each employee working under the terms of this Agreement. The amount of vacation and holiday payment as shown in Article IV, Section 5, is for information only. Fifteen percent (15%) of the gross wages shall govern in any event.
Vacation and Holiday Fund. Vacation and Holiday pay shall constitute a part of, and shall be included in all Employees’ base wages for the purpose of computing all payroll withholdings, such as income tax, social security and other required deductions and then shall be subtracted from the Employees’ weekly total pay and transmitted by the Employer to such bank as will be designated by the Trustees of the Vacation and Holiday Pay Fund, and that each Employee shall be paid his Vacation and Holiday monies in December of each year from the Vacation and Holiday Pay Fund; and the Employer shall show on each Employee's paycheck stub, the amount of Vacation and Holiday Pay deducted.
Vacation and Holiday Fund. (a) In addition to all other compensation required by the terms of this Agreement, the Employer agrees to pay the amount specified in Section 27 into the Operating Engineers Local No. 324 Vacation and Holiday Trust Fund, hereinafter referred to as “Vacation Fund” or “Fund,” prior to any withholdings for each employee covered by this Agreement. The amount of the contributions made in behalf of each employee to the Fund shall be added to the employee’s gross wages before computing the withholding of any Federal or Local income taxes and F.I.C.A. contributions. This payment shall be forwarded each month to such depository as may be designated by the Trustees of said Fund, on forms furnished by the Trustees, and the Trustees shall instruct the depository to maintain an individual record for each employee for whom contributions are received which shall show the amount of money contributed with respect to each employee.

Related to Vacation and Holiday Fund

  • Vacation and Holidays Executive will receive four weeks of paid vacation each year in addition to all holidays observed by the Company and its subsidiaries. Executive may carry over, in the aggregate, up to four weeks of unused vacation to a subsequent year. Any unused vacation time in excess of four weeks will not accumulate or carry over from one calendar year to the next. Each calendar year, Executive shall take not less than one (1) week vacation.

  • Vacations and Holidays The Executive will be entitled to three (3) weeks' paid vacation each calendar year in accordance with the vacation policies of the Employer in effect for its executive officers from time to time. The Executive will also be entitled to the paid holidays and other paid leave set forth in the Employer's policies. Vacation days during any calendar year that are not used by the Executive during such calendar year may be used in any subsequent calendar year; provided, however, that no more than six weeks' paid vacation may be accrued or carried forward.

  • HOLIDAYS AND HOLIDAY PAY 117. A holiday is calculated based on an eight (8) hour day. The following days are designated as holidays:

  • OVERTIME AND HOLIDAY PAY 5.3.1 All hours worked by an employee in excess of eight (8) hours per shift and in excess of forty (40) straight time hours per week shall be paid for at the rate of one and one-half times the straight time rate. All hours worked by an employee in excess of ten (10) hours per shift and all hours worked on Sunday shall be paid at the rate of double the straight time rate.

  • Pay for Unused Sick Leave Unused sick leave not to exceed 70 days will be paid at the rate of $50 per day when the teacher retires or leaves U.S.D. 506 employment, provided the teacher has a minimum of 10 years of service in U.S.D. 506. Article VI: Activity Ticket Each teacher of U.S.D. 506 shall be issued an activity ticket, which shall be honored at all regular school functions held within the district. Said ticket shall not be honored at basketball tournaments and special events. Said ticket shall be honored for employee, spouse, and children who have not yet graduated from high school. The Board of Education will have an expectation that those teachers in attendance at school functions will assume a reasonable amount of general supervision as needed.

  • OVERTIME AND HOLIDAYS 5.1 An Employer may require employees to perform work in excess of their regularly assigned hours. All time worked by an employee before and after his regular shift on Monday to Friday inclusive, except as provided in Article 4 and all hours worked on Saturday and Sunday shall be paid for at the rate of double time. Double time shall continue for all hours worked until the employee has had eight (8) consecutive hours off or longer if mutually agreed to by the employer and the employee.

  • Vacation and Sick Leave At such reasonable times as the Board of Directors shall in its discretion permit, the Employee shall be entitled, without loss of pay, to absent himself voluntarily from the performance of his employment under this Agreement, with all such voluntary absences to count as vacation time; provided that:

  • WEEKEND AND HOLIDAY DELIVERIES Unless otherwise specified in the Bid Specifications or by an Authorized User, deliveries will be scheduled for ordinary business hours, Monday through Friday (excluding legal holidays observed by the State of New York). Deliveries may be scheduled by mutual agreement for Saturdays, Sundays or legal holidays observed by the State of New York where the Product is for daily consumption, an emergency exists, the delivery is a replacement, delivery is late, or other reasonable circumstance in which event the convenience of the Authorized User shall govern.

  • Weekend Holidays 9.3.1. A full-time employee who works a Monday through Friday schedule and the calendar holiday falls on a Saturday, the employee shall be allowed the preceding day off. When a holiday falls on a Sunday, the employee shall be allowed the following day off. If the employee works the day preceding or following such a holiday, he/she shall be given another workday off with pay or shall receive payment for that day at the regular rate.

  • Payment for Unused Sick Leave a. An employee with less than ten (10) years of continuous University service, as defined herein, who separates from the University shall not be paid for any unused sick leave. For employees appointed on or before 1/7/03 University service includes continuous employment by the University or the State of Florida.

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