Pro Rata Vacation Sample Clauses

Pro Rata Vacation. Part-time employees hired on or before the date of ratification of this Agreement and full-time employees who quit or are terminated for any reason after nine (9) months shall receive pro rata vacation pay.
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Pro Rata Vacation. For the purpose of computing vacation hours an officer shall earn one-twelfth (1/12) of his vacation hours for each month of service during the twelve month period preceding January 1 of each year. Each month in which an officer works fifteen (15) days shall be considered a month of service. Officers who are discharged prior to taking their vacation shall not forfeit any right to vacation or vacation hours. Vacation time shall normally be taken in the calendar year in which the vacation falls or it is forfeited. Officers shall have the right to carry over forty (40) hours of their vacation hours each year but the total accumulated carried over vacation hours shall not exceed one-hundred and twenty (120) hours. Such accrued or carried over vacation hours must be recorded separately from an officer's entitlement to regular overtime/compensation time.
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Pro Rata Vacation. An employee shall be eligible for pro rata vacation if:
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Pro Rata Vacation. An employee who has worked and/or is credited with less than one thousand (1000) hours within the previous calendar year, who is laid off or leaves the employ of the Company for any reason, shall receive a pro rata vacation allowance based on the worked and credited hours, using such hours as the numerator and one thousand (1000) as the denominator as provided in the above schedules.
Sample 1
Pro Rata Vacation. Any employee who quits or is terminated for any reason after nine (9) months shall receive pro rata vacation pay. Vacation shall be paid at 1/52nd of the earnings from the previous year’s W2 form or forty (40) hours, whichever is greater. The employees shall not be required to work the weekend b before or after vacation unless they choose. The employee shall be totally responsible to make his option known to the company in writing prior to vacation.
Sample 1
Pro Rata Vacation. There will be no pro-rata vacation deduction if an Eligible Musician’s total unpaid leave during the course of a Season is two (2) weeks or less. Eligible Musicians playing less than forty (40) weeks shall have the amount of their vacation time pro-rated according to the number of weeks worked per the formula below: Number of Vacation Services Earned = Number of weeks worked + 2 Number of Weeks in Season X Maximum Vacation Services for Season Example: Weeks in Season = 52 Maximum Vacation Services for Season (10 weeks) - 80 services Assume Musician takes 12 weeks leave and is paid only 40 weeks Number of vacation services earned = (40 + 2)/52 x 80 services = 64.6 or 65 services ARTICLE XII
Sample 1
Pro Rata Vacation. For employees hired before January 1, 2016, for the purpose of computing vacation pay, an employee shall earn one-twelfth (1/12) of his/her vacation for each month of service during the twelve (12) month period preceding January 1 of each year. For employees hired on or after January 1, 2016, for the purposes of computing vacation pay, an employee shall earn one-twelfth (1/12) of his/her vacation for each month of service on a monthly basis. Each month in which an employee works fifteen (15) days shall be considered a month of service. Employees who are discharged prior to taking their vacation shall not forfeit any right to accrued vacation.
Sample 1
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Related to Pro Rata Vacation

  • 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; Paid Time Off During the Employment Term, the Executive shall be entitled to fifteen (15) paid vacation days per calendar year (prorated for partial years) in accordance with the Company’s vacation policies, as in effect from time to time that is at least as favorable as that provided to other similarly situated executives of the Company. The Executive shall receive other paid time-off in accordance with the Company’s policies for executive officers as such policies may exist from time to time.

  • 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.

  • Accrued Vacation It is further agreed by the parties hereto that, upon sale or transfer of ownership of any store or upon dissolution of business, vacation pay for all months worked for which no vacation pay has been given shall be immediately paid to all employees coming under this Agreement, regardless of length of time said employee has been with the Employer.

  • Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no longer than the fiscal year immediately following the fiscal year in which it is earned.

  • Vacation Days Employee shall be entitled to the same paid vacation days each calendar year during the term of this Employee Agreement as authorized by the Company for its other employees.

  • Vacations and Sick Leave The Executive shall be entitled to paid annual vacation leave in accordance with the policies as established from time to time by the Board of Directors, which shall in no event be less than four weeks per annum. The Executive shall also be entitled to an annual sick leave benefit as established by the Board for senior management employees of the Bank. The Executive shall not be entitled to receive any additional compensation from the Bank for failure to take a vacation or sick leave, nor shall he be able to accumulate unused vacation or sick leave from one year to the next; provided, however, such Executive may carry forward from year to year a maximum of ten days of unused vacation leave.

  • Vacation, Sick Leave and Holidays Executive shall be entitled to four (4) weeks (28 business days) of vacation, and also sick leave and holidays at full pay in accordance with the Company’s policies established and in effect from time to time.

  • Annual Vacation Auxiliary employees will be entitled to receive annual vacation at the rate of four percent (4%) of their regular earnings. After one thousand (1,000) days worked, auxiliary employees will be entitled to receive annual vacation at the rate of six percent (6%) of their regular earnings.

  • Vacation and Paid Time Off The Executive shall be entitled to vacation and paid time off in accordance with the standard policies of the Company for executives as in effect from time to time.

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