Required Usage and Carryover Sample Clauses

Required Usage and Carryover. An employee shall be required to use one half (½) of his/her annual vacation accrual yearly and shall be able to carry over one half (½) of one year's vacation accrual from one year to the next, cumulatively, up to a maximum of fifty two (52) times the then- current pay period rate of vacation accrual. Vacation accrual in excess of the aforementioned maximum shall be paid off in four equal annual payments during the term of the MOU; and future accrual which exceeds the aforementioned maximum, shall be paid to the employee as it is accrued. New unit members, hired on or after the effective date of this MOU (March 21, 2016), will accrue up to a maximum of three hundred (300) hours. Future accruals which exceed the aforementioned maximum, shall be paid to the employee as it is accrued. In special cases where it has not been possible, due to work load and other factors, for the employee to use his/her vacation before reaching the maximum, it shall be within the department head's authority to authorize cash payment in lieu of time off. Cash-In Policy An employee may convert into pay up to 50% of his or her annual vacation accrual. An employee may convert into pay accrued vacation in excess of 50% of his or her annual accrual with the approval of the Department Head or City Manager.
Sample 1
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Required Usage and Carryover. An employee shall be required to use one half(½) of his/her annual vacation accrual yearly and shall be able to carry over one half(½) of one year's vacation accrual from one year to the next, cumulatively, up to a maximum of fifty-two (52) times the then-current pay period rate of vacation accrual. New unit members, hired on or after February 1, 2016, will accrue up to a maximum of three hundred (300) hours. Vacation accrual in excess of the aforementioned maximum shall be paid off in four equal annual payments during the term of this MOU; and future accrual, which exceeds the aforementioned maximum, shall be paid to the employee as it is accrued. In special cases where it has not been possible, due to work load and other factors, for the employee to use his/her vacation before reaching the maximum, it shall be within the department head's authority to authorize cash payment in lieu of time off.
Sample 1
Required Usage and Carryover. An employee shall be required to use one half (½) of his/her annual vacation accrual yearly and shall be able to carry over one half (½) of one year's vacation accrual from one year to the next, cumulatively, up to a maximum of fifty two (52) times the then-current pay period rate of vacation accrual. Vacation accrual in excess of the aforementioned maximum shall be paid off in four equal annual payments during the term of the MOU; and future accrual which exceeds the aforementioned maximum, shall be paid to the employee as it is accrued. In special cases where it has not been possible, due to work load and other factors, for the employee to use his/her vacation before reaching the maximum, it shall be within the department head's authority to authorize cash payment in lieu of time off.
Sample 1
Required Usage and Carryover. Vacation Leave will be credited on a "pay-per-period" basis. Employees shall be required to use one half (½) of their annual Vacation accrual yearly and shall be able to carry over one half (½) of one year's Vacation accrual from one year to the next, cumulatively, up to a maximum of fifty two (52) times the then-current pay period rate of vacation accrual. Existing balances over the limit shall be paid off during the term of this Memorandum of Understanding based on a payoff schedule determined by the employee. Such excess vacation accrual may also be taken as time off if approved by management. Effective 8-1-2000, employee with more than the maximum amount will not continue to accrue additional Vacation Leave, but will receive cash each pay period in lieu of Vacation Leave until balance falls below maximum time allowed. Employee may direct payoff to deferred compensation within the legal limits
Sample 1
Required Usage and Carryover. 10.7.1.1 Leave will be credited on a “per-pay-period” basis. Employees may accrue up to a maximum of fifty two (52) times the then- current pay period rate of Vacation accrual.
Sample 1
Required Usage and Carryover 
Sample 1

Related to Required Usage and Carryover

  • Vacation Carryover (a) A regular employee may carry over up to 10 days' vacation leave per year. Vacation carryover will not exceed 10 days at any time. An employee will not receive pay in lieu of vacation time, except upon retirement or termination, or as requested by the employee in Clause 18.13 (Vacation Payout).

  • Carryover Notwithstanding any other provision of this Section 6, no adjustment shall be made to the number of shares of Common Stock to be delivered to the Warrantholder (or to the Exercise Price) if such adjustment represents less than 1% of the number of shares to be so delivered, but any lesser adjustment shall be carried forward and shall be made at the time and together with the next subsequent adjustment which together with any adjustments so carried forward shall amount to 1% or more of the number of shares to be so delivered.

  • Terminating Switched Access Detail Usage Data A category 1101XX record as defined in the EMI Telcordia Practice BR-010-200- 010.

  • Personal Car Usage 7.1 Personal vehicle usage will be reimbursed in an amount equal to the standard mileage rate allowed by the IRS.

  • Originating Switched Access Detail Usage Data A category 1101XX record as defined in the EMI Telcordia Practice BR-010-200- 010.

  • Data Usage We may use Data for the following purposes (in each case to the extent permitted by law):

  • Closet/Urinal Requirements 6.1 Employees Closets Urinals 1-5 1 Nil 6-10 1 1 11-20 2 2 21-35 3 4 36-50 4 6 51-75 5 7 76-100 6 8

  • Allocation of Senior Reduction Amount to the Reference Tranches On each Payment Date prior to the Termination Date, after allocation of the Tranche Write-down Amount or Tranche Write-up Amount, if any, for such Payment Date as described above, the Senior Reduction Amount will be allocated to reduce the Class Notional Amount of each Class of Reference Tranche in the following order of priority, in each case until its Class Notional Amount is reduced to zero:

  • Coverage and Application 1. This Agreement shall apply with respect to the avoidance or settlement of all disputes arising between the Parties under the covered agreements. Unless otherwise provided in this Agreement or any other covered agreement, this Agreement shall apply to all disputes between the Parties.

  • Withdrawals during Concession Period 31.3.1 The Concessionaire shall, at the time of opening the Escrow Account, give irrevocable instructions, by way of an Escrow Agreement, to the Escrow Bank instructing, inter alia, that deposits in the Escrow Account shall be appropriated in the following order every month, or at shorter intervals as necessary, and if not due in a month then appropriated proportionately in such month and retained in the Escrow Account and paid out therefrom in the month when due:

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