Common use of Vacation Rate Clause in Contracts

Vacation Rate. A. For shift personnel, twenty-four hours equals one shift. One cycle equals forty-eight hours. B. All accrued vacation at the time of retirement shall be paid at the employee's “total hourly compensation” rate.

Vacation Rate. A. For shift personnel, twenty-four hours equals one shift. One cycle equals fortyseventy-eight two hours. B. All accrued vacation at the time of retirement shall be paid at the employee's “total hourly compensation” rate.