Vacation Accrual definition

Vacation Accrual means the total value for all employees of their outstanding vacation hours valued by employee at their current rate of pay.
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 Accrual. While On Temporary Disability 29 Vacation Benefits For Less Than Full-Time Employees 22 Vacation Credit Accumulation 21 Vacation Of Order 52 Vacation Payoff On Retirement Or Termination 22 Vacation Redemption 22 Vacation Usage 21 VACATIONS 21 W Variable Work Hours Program 17 Waiver And Limits 47 Welfare Investigator Industrial Leave 29 Work On Holidays 24 Work Schedule Changes..............................................17 Written Order For Demotion, Suspension, Reduction Work Schedules 16 In Pay, Dismissal 48

Examples of Vacation Accrual in a sentence

  • After having served in the state service for six (6) months, employees shall be credited with the appropriate earned vacation leave and thereafter vacation leave shall be accumulated or prorated on the appropriate schedule as follows for (a) full-time employees; (b) seasonal employees; and (c) part-time employees: Length of State Service: Vacation Accrual Rate: After six months (minimum 1,040 hours) (a) through 5th year; (b) 5th annual season; or, (c) 60th months.

  • Vacation Accrual during Leave and Cash-Out of Accrued Vacation at Commencement of Leave Unit members called into active military service (other than temporary military service) shall, following their qualifying year of service for vacation, continue to accrue vacation during their military service, subject to the same maximum accrual requirements as active City employees.

  • Vacation Accrual: At the discretion of the Human Resources Manager, the employee may be offered credit for up to the total number of prior full years of service at the City of Santa Barbara and/or his or her immediate previous government employer toward the initial vacation accrual rate.

  • Employees will earn vacation in the current year (Vacation Accrual Year) for use in the 3 subsequent calendar year (Vacation Usage Year).

  • Section 14 – Vacation Accrual for 12-month EmployeesFor 12 month employees hired on or after 7/1/2014, vacation accrual will begin with the first pay period at the rate established for the appropriate employee group.Vacation is eligible to be used as soon as it is accrued.

  • Vacation shall be accrued in accordance with the attached Vacation Accrual Schedule.

  • Should Employee’s accrued vacation time reach the Vacation Accrual Cap, Employee will cease to accrue additional vacation until Employee’s accrued vacation time falls below the Vacation Accrual Cap.

  • Vacation Accrual for fiscal year 10/11: Maximum vacation accumulation shall be raised by 64 hours (above MOU stated limits) during the 2010/2011 fiscal year.

  • Vacation Accrual for fiscal year 12/13: Normal vacation accumulation maximums will be reinstated the first pay date of fiscal year 2012/2013.

  • Vacation Accrual for fiscal year 11/12: Maximum vacation accumulation shall remain raised by 40 hours (above MOU stated limits) during the 2011/2012 fiscal year.


More Definitions of Vacation Accrual

Vacation Accrual shall have the meaning set forth in Section 1.6(a).
Vacation Accrual has the meaning specified in Section 2.1. Exhibit A November 13, 1998 SCI Technology, Inc. 0000 Xxxx Xxxxxxx Xxxxxx Xxxxxxxxxx, Xxxxxxx 00000 Ladies and Gentlemen: The undersigned has served as counsel to Intergraph Corporation, a Delaware corporation ("Intergraph"), in connection with the negotiation, execution and delivery of that certain Asset Purchase Agreement, dated as of November 13, 1998 (the "Asset Purchase Agreement"), by and between Intergraph and SCI Technology, Inc., an Alabama corporation ("SCI"), and in connection with the transactions provided for and contemplated by the Asset Purchase Agreement and the Transaction Documents (collectively, the "Transactions"). This opinion letter is rendered to you pursuant to Section 6.1(k) of the Asset Purchase Agreement. Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Asset Purchase Agreement. In giving this opinion, the undersigned has examined originals or documents certified or otherwise identified to his satisfaction as copies of the following documents, and, to the extent deemed appropriate by the undersigned, has relied on the following documents:
Vacation Accrual. Accrual is based on time worked in affected year. (Normally, accrued vacation will be used prior to the commencement of Deferred Salary Leave; however, utilization may be related to operational needs for program offerings). Annual leave credits are not earned during the period of leave. Increments: Employees on Deferred Salary Leave are entitled to normal anniversary progression. Progression will be activated upon return from Leave.
Vacation Accrual means the amount to be reflected as an accrued expense within the Estimated EDNA and the Net Assets Statement, representing accrued and unused xxxation entitlements of the Company's employees for the period January 1, 2008 through the Effective Time, plus any accrued and unused vacation entitlements carried over from prior calendar years, inclusive in each case of the employer's share of FICA, FUTA and any other applicable payroll Taxes on such amounts.
Vacation Accrual shall have the meaning specified in Section 1.3(c).
Vacation Accrual means the accrued paid-time-off Liability of the Business provided for on the Balance Sheet.

Related to Vacation Accrual

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Compensation Accrued at Termination means the following:

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Retention Account means an interest bearing Dollar account of the Borrowers opened or (as the context may require) to be opened jointly by the Borrowers with the Account Bank and includes any sub-accounts thereof and any other account designated in writing by the Agent to be a Retention Account for the purposes of this Agreement;

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Interest Accrual Date means with respect to any Security, the date the Company accepts funds for the purchase of the Security if such funds are received by 3:00 p.m. (EDT) on a Business Day, or if such funds are not so received, on the next Business Day.

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Interest Accrual Period means the period beginning on (and including) the Interest Commencement Date and ending on (but excluding) the first Interest Period Date and each successive period beginning on (and including) an Interest Period Date and ending on (but excluding) the next succeeding Interest Period Date.

  • Accrual Termination Date Not applicable.

  • Salary reduction plan means a benefit plan whereby state and

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Employee Account means any brokerage account or unit investment trust account in which the Van Kampen Employee has any direct or indirect beneficial ownership.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Current Accrual Rate means, with respect to each Payment Date and any Reference Obligation, the current mortgage rate, less the greater of (i) the related servicing fee rate and (ii) 35 basis points.

  • Interest Collection Account A sub-account of the Collection Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.