Holidays and Vacation definition

Holidays and Vacation. In addition to all public holidays, Employee will be entitled to 30 days annual leave during each completed calendar year, which includes any shut-down period that may occur at Christmas or Easter, holidays to be taken by pre-arrangement with the Company. Accumulated Vacation and Sick Days: Performance Bonus: Employee will be entitled to such bonuses as may be awarded by the Compensation Committee of the Board of Directors of the Company in its sole discretion. The following provisions apply only if the Employee's primary place of employment is Ireland: Pension Program: The Company will contribute to a pension plan equivalent to 15% of Employee's salary, providing retirement, death, disability and other benefits. Employee may make further personal contribution up to an additional 15% of gross salary. Such contributions are fully tax deductible at Employee's higher rate of tax. VHI: The Company operates a group VHI scheme which offers Plan E to all employees employed in Ireland. Contributions are made directly by the Company.
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Examples of Holidays and Vacation in a sentence

  • An employee who has completed their regular days’ work and has left the office and is then called into work, including Saturdays, Sundays, Statutory Holidays and Vacation time, shall be guaranteed at least three (3) hours at the applicable overtime rate in addition to transportation allowance.

  • The CITY shall provide by policy for the application of seniority standards on use of Holidays and Vacation, but agrees that any policy will apply equal standards, either department- wide or division-wide.

  • Absences shall exclude Funeral Leave, Jury Duty Leave, Holidays, and Vacation Days and absences accompanied with medical documentation.

  • Aides: Paid days include 180 Instruction Days and 3 Professional Development days for a total of 183 work days, plus Holidays and Vacation.

  • Absences shall exclude Funeral Leave, Jury Duty Leave, Holidays and Vacation Days.

  • Holidays and Vacation Days in accordance with the School Calendar.

  • Holidays and Vacation Leave for A & S positions will be as indicated in Appendix B.

  • Statutory Holidays and Vacation with Pay payment shall be ten percent (10%) of gross earnings; six percent (6%) of gross earnings in lieu of Statutory Holidays and time lost due to inclement weather and illness; four percent (4%) of gross earnings as Vacation with Pay.

  • Earned leave is a consolidation of, Sick Leaves, Holidays, and Vacation.

  • For the purpose of this Article and Article 31 (Holidays) regular Employees who are entitled to Vacation or twelve (12) Holidays shall be defined as those Employees who are assigned work the equivalent of 240 days including workdays, Holidays and Vacation days in each contract year.

Related to Holidays and Vacation

  • Holidays are defined as New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day.

  • Vacation means annual vacation with pay.

  • Sick Leave means the period of time an employee is absent from work by virtue of being sick or disabled or because of an accident not covered by Workers' Compensation.

  • Weeks Pay' means the ordinary time rate of pay for the employee concerned:

  • NERC Holidays means a holiday as defined by the North American Electric Reliability Corporation or any successor thereto.