Common use of Accumulation of Vacation Leave Credits Clause in Contracts

Accumulation of Vacation Leave Credits. An employee shall earn vacation leave credits at the rate described in (a) below for each calendar month during which he or she receives pay for at least seventy-five (75) hours. Conversion Examples 15 days 112.5 hours 20 days 150 hours 25 days 187.5 hours 30 days 225 hours 35 days 262.5 hours (a) (i) nine point three seven five (9.375) hours at his straight-time hourly rate until the month in which his eighth (8th) anniversary of service occurs;

Accumulation of Vacation Leave Credits. An employee shall earn vacation leave credits at the rate described in (a) below for each calendar month during which he or she receives pay for at least seventy-five (75) hours. Earned but unused leave credits in existence on December 2, 1997, will be converted on the basis of one (1) day equals seven decimal five (7.5) hours. Conversion Examples 15 days 112.5 hours 20 days 150 hours 25 days 187.5 hours 30 days 225 hours 35 days 262.5 hours (a) (i) nine point three seven five (9.375) hours at his straight-time hourly rate until the month in which his eighth (8th) anniversary of service occurs;)

Accumulation of Vacation Leave Credits. An employee shall earn earn, during the vacation year, vacation leave credits at the rate described in (a) below following rates for each calendar month during which he or she the employee receives pay for at least seventy-five ten (751 0) hours. Conversion Examples 15 days 112.5 hours 20 days 150 hours 25 days 187.5 hours 30 days 225 hours 35 days 262.5 hours days' pay: six (a) (i) nine point three seven five (9.3756) hours at his straight-time hourly rate and forty (40) minutes per month until the month (for an annual total of days) in which his eighth (8th) the anniversary of the employee's first year of service occurs;; or