Vacation Pay Rates and Adjustments Sample Clauses

Vacation Pay Rates and Adjustments. (a) All employees other than those entitled to an annual percentage of earnings in lieu of vacation, will be paid their annual vacation pay at their respective regular or classified rates of pay.
Sample 1Sample 2Sample 3See All (13)
AutoNDA by SimpleDocs
Vacation Pay Rates and Adjustments. All employees other than those entitled to an annual percentage of earnings in lieu of vacation, will be paid their annual vacation pay at their respective regular or classified rates of pay. As soon as possible following December 31 in each year, a vacation pay adjustment will be made in a lump sum to all employees other than those entitled to an annual percentage of earnings in lieu of vacation, where such employees' annual basic earnings exclusive of overtime and any other premium payments not normally taken into account in the computation of annual vacation pay exceeded their regular base rate earnings during the year in question. Such cash payments shall reflect the proportionate difference between the actual annual basic earnings and regular base rate earnings applied to the employees' annual vacation pay for the year in question, but shall not be paid in any case where the total amount payable is less than one dollar ($1.00). In all cases of terminations of service for any reason other than as provided for in Clause 8.5.4, or death in service, adjustment will be made for any overpayment of vacation. Vacation in the Year of Retirement Any regular employee:
Sample 1Sample 2Sample 3See All (4)
Vacation Pay Rates and Adjustments. PUBLIC HOLIDAYS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Sample 1
Vacation Pay Rates and Adjustments. (a) All employees other than those entitled to an annual percent- age of earnings in lieu of vacation, will be paid their annual vacation pay at their respective or classified rates of pay. As soon as possible following December in each year, a vacation pay adjustment will be made in a lump to all other than those entitled to an annual percentage of earnings in lieu of vacation, where such employees' annual basic earnings exclusive of overtime and any other premium not normally taken into account in the computation of vacation pay exceeded their regular base rate earnings during the year in question. Such cash payments shall reflect the difference between the actual annual basic earnings and regular base rate earnings applied to the employees' annual vacation pay for the year in ques- tion, but shall not be paid in any case where the total payable is less than one dollar ($1.00). In all cases of terminations of service for any reason other than as provided for in Clause or death in service, adjustment will be for any overpayment of vacation. Vacation in the Year of Retirement regular employee:
Sample 1
Vacation Pay Rates and Adjustments. All employees other than those entitled to an annual percent- age of earnings in lieu of vacation, will be paid their annual vacation pay at their respective regular or classified rates pay. soon as possible following December in each year, a vacation pay adjustment will be in a sum to all employees other than those entitled to an annual percentage of earnings in lieu of vacation, where such employees' annual basic earnings exclusive of overtime and any other premium payments not normally taken into account in the computation of annual vacation pay exceeded their regular base rate earnings during the year in question. Such cash payments shall reflect the difference between the actual annual basic earnings and regular base rate earnings applied to the employees' annual vacation pay for the year in ques- tion, shall not be paid in any case where the total amount payable is less than one dollar In all cases of terminations of service for any reason other than as provided for in Clause or death in service, adjustment will be made for any overpayment of vacation. Vacation in the Year of Retirement regular employee: who has reached retirement age as defined in the Pension (Municipal) Act and has completed at least ten years of pensionable service in accordance with and as defined in the said Act; or whose age and years of service with the total eighty years or more, shall be entitled to receive full annual vacation on termina- tion of his employment for any reason. All other employees who leave the shall be entitled to vacation in accordance with the appropriate clauses in Section.
Sample 1
Vacation Pay Rates and Adjustments 
Sample 1Sample 2Sample 3See All (4)

Related to Vacation Pay Rates and Adjustments

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Salary Adjustments At any time during the term of this Contract, the Board may, in its discretion, review and adjust the salary of the Superintendent, but in no event shall the Superintendent be paid less than the salary set forth in Section 3.1 of this Contract except by mutual agreement of the two parties. Such adjustments, if any, shall be made pursuant to a lawful Board resolution. In such event, the parties agree to provide their best efforts and reasonable cooperation to execute a new contract incorporating the adjusted salary.

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • Prorations and Adjustments The following shall be prorated and adjusted between Seller and Purchaser as of the day of the Closing, except as otherwise specified:

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Final Compensation Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS prior to January 15, 2011, is based on the highest average monthly pay rate during twelve (12) consecutive months of employment. Final Compensation for an employee, who is employed by the State for the first time and becomes a member of CalPERS on or after January 15, 2011, is based on the highest average monthly pay rate during thirty-six (36) consecutive months of employment.

  • Part-time Vacation Pay If the Employer currently has the computer systems’ capability to implement bi- weekly vacation pay, they shall do so by the start of the next vacation year or earlier. Those Employers with no computer capability will endeavour to implement bi- weekly vacation pay if there is no significant administrative burden, by the start of the next vacation year or earlier. If the Employer does not so implement, it will provide reasons in writing to the Union. Where possible without extensive programming changes, the amount of vacation pay will be separately identified on the pay stub.

  • Additional Compensation Notwithstanding anything in this Memorandum of Understanding to the contrary when in the judgment of the Board, it becomes necessary or desirable to utilize the services of County employees in capacities other than those for which they are regularly employed, the Board may authorize and, if appropriate, fix an additional rate of compensation for such employees.

  • Monthly Salary The words “monthly salary” when used in this Agreement shall mean: (Bi-weekly pay at regular rate of pay times 26.1) divided by 12 = monthly salary

  • Maximum Compensation There is a maximum compensation for this Agreement and a separate maximum compensation for each Approved Service Order.

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