Vacation Benefit. The Executive shall be entitled to four (4) weeks paid vacation in each calendar year (but no more than ten [10] consecutive business days at any given time), which shall be taken at such times as are consistent with Executive’s responsibilities hereunder. The Executive’s vacation schedule shall be submitted and approved by the Company. The Executive agrees and understands that vacation days shall not be taken during any period upon which the Company is undergoing a financial audit by its approved Financial Auditors. Unless otherwise approved by the Company, any vacation days not taken in any calendar year shall be forfeited without payment therefore.
Vacation Benefit. 12.1 An employee working in classifications listed in Appendix “A-1” or Appendix “A-2” who works eight hundred (800) or more hours in any calendar year shall be paid four percent (4%) of his/her gross earnings as vacation benefits upon separation or during the first pay period of the next calendar year. The calendar year shall be defined as the period for which wages earned are reported for tax purposes.
Vacation Benefit. 36.1 Effective January 2010, an employee who works eleven hundred (1,100) or more hours in the prior calendar year will be given each January a lump sum “vacation payment” of one percent (1%) of their annual gross earnings (calendar year defined as the period for which wages earned are reported for tax purposes). The PARTIES agree that this provision shall survive the term of this MOU absent mutual agreement to the contrary.
Vacation Benefit. Employees who are eligible for paid vacation benefits during a given fiscal year, whether pursuant to Paragraph 18.1(a) or 18.1(b) above, shall receive the following paid vacation benefit:
Vacation Benefit. Employees who leave the service after completion of twelve
Vacation Benefit. Annually employees shall receive and earn vacation leave with pay as follows:
Vacation Benefit. 14.1 Effective January 2000, employees who worked one thousand-eighty (1,080) hours or more in calendar year 1999 will be given a lump sum payment of one percent (1%) of their gross earnings (calendar year defined as the period for which wages earned are reported for tax purposes). The lump sum payment shall be made during the first pay period following approval of the MOU by the City Council.
Vacation Benefit. 41.4.1 Employees working in part-time classifications listed in Appendix B who work eleven hundred (1,100) or more hours in any calendar year shall be paid three (3%) of his/her gross earnings as vacation benefits upon separation or during the first pay period of the next calendar year. The calendar year shall be defined as the period for which wages earned are reported for tax purposes.
Vacation Benefit. Sick Leave RETIREMENT PLANS STOCK PLANS ---------------- ----------- Sunburst Hospitality Corporation Sunburst Hospitality Corporation Retirement Savings and Investment Plan Employee Stock Purchase Plan Sunburst Hospitality Corporation Non-Qualified Retirement Savings and Investment Plan Sunburst Hospitality Corporation Supplemental Executive Retirement Plan DEFERRED COMPENSATION PLAN -------------------------- Sunburst Hospitality Corporation Deferred Compensation Plan
Vacation Benefit. Employees who leave the service after completion of twelve (12) consecutive months of employment shall receive vacation for the calendar year in which termination occurs on the basis of one-twelfth (1/12) of their vacation entitlement for that year for each month or portion of a month greater than one-half (½) worked to the date of termination. In all cases of termination of service for any reason, adjustment will be made for any overpayment of vacation.
