Vacation Benefit. The Executive shall be entitled to four (4) weeks paid vacation in each calendar year (but no more than ten [10] consecutive business days at any given time), which shall be taken at such times as are consistent with Executive’s responsibilities hereunder. The Executive’s vacation schedule shall be submitted and approved by the Company. The Executive agrees and understands that vacation days shall not be taken during any period upon which the Company is undergoing a financial audit by its approved Financial Auditors. Unless otherwise approved by the Company, any vacation days not taken in any calendar year shall be forfeited without payment therefore.
Vacation Benefit. 12.1 An employee working in classifications listed in Appendix “A-1” or Appendix “A- 2” who works eight hundred (800) or more hours in any calendar year shall be paid four percent (4%) of his/her gross earnings as vacation benefits upon separation or during the first pay period of the following calendar year. The calendar year shall be defined as the period for which wages earned are reported for tax purposes.
Vacation Benefit. Employees who are eligible for paid vacation benefits during a given fiscal year, whether pursuant to Paragraph 18.1(a) or 18.1(b) above, shall receive the following paid vacation benefit:
Vacation Benefit. 36.1 Effective January 2010, an employee who works eleven hundred (1,100) or more hours in the prior calendar year will be given each January a lump sum “vacation payment” of one percent (1%) of their annual gross earnings (calendar year defined as the period for which wages earned are reported for tax purposes). The PARTIES agree that this provision shall survive the term of this MOU absent mutual agreement to the contrary.
Vacation Benefit. Employees who leave the service after completion of twelve
Vacation Benefit. Annually employees shall receive and earn vacation leave with pay as follows:
Vacation Benefit. 14.1 Effective January 2000, employees who worked one thousand-eighty (1,080) hours or more in calendar year 1999 will be given a lump sum payment of one percent (1%) of their gross earnings (calendar year defined as the period for which wages earned are reported for tax purposes). The lump sum payment shall be made during the first pay period following approval of the MOU by the City Council.
Vacation Benefit. Full-time Employees hired before May 1, 2005 with seven (7) years of service or more with the Employer shall receive three (3) weeks' vacation with pay. Full-time Employees hired before May 1, 2005 with fifteen (15) years of service or more with the Employer shall receive four (4) weeks' vacation with pay. Full-time Employees hired after April 30, 2005 shall be entitled to annual vacation of one week after one (1) year of employment, two (2) weeks after the second year, three (3) weeks after the eighth year, and four (4) weeks after the fifteenth year.
Vacation Benefit. Employees who leave the service after completion of twelve (12) consecutive months of employment shall receive vacation for the calendar year in which termination occurs on the basis of one-twelfth (1/12) of their vacation entitlement for that year for each month or portion of a month greater than one-half (½) worked to the date of termination. In all cases of termination of service for any reason, adjustment will be made for any overpayment of vacation.
Vacation Benefit. Article of this agreement.
