VACATION TRUST Sample Clauses

VACATION TRUST. Additional vacation pay based on industry experience shall be provided in accordance with the provisions of the Industry Vacation Plan. Said additional vacation pay shall be paid to the employee by the Employer together with the vacation pay that is due from the Employer as set forth above. The additional amount of vacation pay paid to the employee because of industry experience, plus any other amounts which the Employer is required to pay by law in connection with such payments, shall be reimbursed to the Employer from the Trust Fund in accordance with the procedures established by the Trustees of said Fund.
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VACATION TRUST. Section 5 [6.05] Subsection (a) The Employer shall pay to each employee subject to this Agreement as a vacation allowance an amount equal to twelve percent (12%) or sixteen percent (16%) of each employee’s gross wages, which amount is incorporated in the wage rates listed in Appendix A of this Agreement and as Section 5 may be amended.
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VACATION TRUST. Art. 25(a) It is agreed that contributions are voluntary and will be paid to the Western States Construction Boilermaker Vacation Trust the sum outlined in Article 14 for all straight-time hours worked, and at the applicable overtime rate for overtime hours worked by all employees covered by this Agreement. Contributions shall be paid to the Fund as a payroll deduction from the taxable wage. If the participant waives the right to contribute to the Fund, it shall be reflected on the dispatch at the beginning of the project and those funds shall remain on the check.
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VACATION TRUST. A. The Association and the Union agree that, during the term of this Agreement, a Vacation Trust may be established for the purpose of allowing bargaining unit members to put aside during the course of a year three dollars ($3.00) per hour of their wages to assure that funds are available for an annual vacation and/or long term savings plan. Participants in the Trust will not be required to withdraw funds each year. It is agreed that employee withdrawals from the Trust will not exceed two (2) per year for vacation purposes nor may there be more than one (1) withdrawal per year for emergency purposes.
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VACATION TRUST. Inc., a Florida corporation, in its capacity as trustee under the Club Trust Agreement and its permitted successors and assigns.
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Related to VACATION TRUST

  • Vacation; Sick Leave During the Employment Term, the Executive shall be entitled to not less than four (4) weeks of vacation during each calendar year and sick leave in accordance with the Company’s policies and practices with respect to its executives.

  • Vacation During the Employment Period, the Executive shall be entitled to paid vacation in accordance with the most favorable plans, policies, programs and practices of the Company and its affiliated companies as in effect for the Executive at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive, as in effect generally at any time thereafter with respect to other peer executives of the Company and its affiliated companies.

  • 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.

  • Vacation Period ‌ The choice of vacation periods shall be granted to employees on the basis of seniority with the Employer except where the period requested would be detrimental to the operation of the Employer.

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