Years of Continuous Service definition

Years of Continuous Service means, as to any employee, all full or partial years during which he was employed on a full-time basis by the Company.

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Years of Continuous Service means the number of years since Hire Date a person has been continuously employed as an active regular full-time, part-time or call-in employee of the Company or its predecessors, as determined by the Company.

Years of Continuous Service means the number of years during which an individual has been deemed to be an employee of Synchrony (which shall include periods during which such individual was employed by General Electric Company and its affiliates) according to its payroll or other systems of record, as determined by the Committee, which shall include, in the event of a Break in Service of less than three (3) consecutive years, such employee’s service to Synchrony prior to such Break in Service.

Examples of Years of Continuous Service in a sentence

• If the Grantee was employed by a Subsidiary at the time of such Subsidiary’s acquisition by the Company, the Grantee’s employment with the Subsidiary prior to the acquisition date will not be included in determining the Grantee’s Years of Continuous Service unless the Committee, in its sole discretion, determines that such prior employment will be included.

• The Special Termination Period is the period of time beginning on the date of Termination of Service and continuing for the number of days that is equal to the sum of (a) 90, plus (b) 180 multiplied by the Grantee’s total Years of Continuous Service, provided that the Special Termination Period will in any event expire on the second anniversary of the date of Termination of Service.

• For purposes of determining the Grantee’s Years of Continuous Service, Grantee’s employment with the Company’s former parent, Liberty Media Corporation (“LMC”), and any predecessor of the Company or LMC will be included, provided that the Grantee’s hire date with the Company or a Subsidiary occurred within 30 days following the Grantee’s termination of employment with LMC or such predecessor.

• Number of Vacation Days Years of Continuous Service Accrued Annually One to Five Years 10 days Six to Nine Years 11 days Ten to Fifteen Years 15 days Sixteen Years 16 days Seventeen Years 17 days Eighteen Years 18 days Nineteen Years 19 days Twenty Years 20 days Accrued vacation days are based upon regular hours of work for that employee.

• Pay at Steps 7 through 11 in Appendix A shall not be considered merit-based and shall be based on the following percentages, utilizing the pay rate for the Police Officer classification in Step 6 of Appendix A: Step Years of Continuous Service % of Stipulated Salary 8 8-11 years 4% 9 12-15 years 7% 10 16-19 years 9% 11 20+ years 11% The step raises at Steps 7 through 11 shall be effective beginning with the pay period next following the particular member’s anniversary date.

More Definitions of Years of Continuous Service

Years of Continuous Service means the number of full years of a Participant’s continuous and uninterrupted employment with the Employer based on the elapsed time between the Participant’s initial employment commencement date with the Employer and the date of the Participant’s termination of employment with the Employer. For purposes of the foregoing and for the sake of clarity:

Years of Continuous Service means, for the purpose of this Plan, the total years of the latest period of unbroken service with the Company.

Years of Continuous Service means years of Continuous Service as defined under the Pension Plan.

Years of Continuous Service means, as to any employee, all full or partial years during which he was employed on a full-time basis by Company or any of its subsidiaries or affiliates.

Years of Continuous Service means an employee’s length of continuous full-time service for the City since his/her last date of hire, less any adjustments due to layoff or approved leaves of absence greater than thirty (30) days, unless otherwise required by law. Vacation accrual changes will begin the first full pay period following the employee’s anniversary date.

Years of Continuous Service means years of Continuous Service as defined in the Pension Plan. Notwithstanding the foregoing, a Participant who served as a chief executive officer of a bank that the Company acquired after 1990 and who became an executive vice president of the Company upon the acquisition of said bank, shall be credited with additional Years of Continuous Service equal to 25% of the number of years such Participant served as the acquired bank’s chief executive officer, rounded up to the next whole year, not in excess of 2 years.

Years of Continuous Service means the number of complete months of Continuous Service divided by twelve (12).‌ ARTICLE Ill PARTICIPATION IN THE PLAN‌‌‌