Common use of Accrual Formula Clause in Contracts

Accrual Formula. In Section 25.01 above, the following accrual formula shall apply: (a) New employees, following completion of ninety (90) days of service are eligible for earned vacation based on Section 25.01 (a).  Example: In hire date: January 1 - June 30 2 weeks’ vacation July 1 - December 31 ((12 months - month hired) / 12 months)) x 10 days (b) Exceptions to (a) above will be resolved between the Company and the appropriate bargaining unit. Any employee leaving of their own accord will be entitled to their earned vacation provided such employee provides at least two (2) weeks’ notice. When reasonable, all employees planning to resign from the Company will give the Company four (4) weeks prior notice to their departure. ARTICLE XXVI DEMOTION/DISMISSAL/SUSPENSION

Accrual Formula. In Section 25.01 above, the following accrual formula shall apply::  Example: In hire date: January 1 - June 30 2 weeks vacation July 1 - December 31 (a) New employees, following completion of ninety (90) days of service are eligible for earned vacation based on Section 25.01 (a).  Example: In hire date: January 1 - June 30 2 weeks’ vacation July 1 - December 31 ((12 months - month hired) / 12 months)) x 10 days. (b) Exceptions to (a) above will be resolved between the Company and the appropriate bargaining unit. Any employee leaving of their own accord will be entitled to their earned vacation provided such employee provides at least two (2) weeks’ week notice. When reasonable, all employees planning to resign from the Company will give the Company four (4) weeks prior notice to their departure. ARTICLE XXVI DEMOTION/DISMISSAL/SUSPENSION

Accrual Formula. In Section 25.01 above, the following accrual formula shall applyshallapply: (a) New employees, following completion of ninety (90) days of service are eligible for earned vacation based on Section 25.01 (a).  • Example: In hire date: January 1 - June 30 2 weeks’ vacation July 1 - December 31 ((12 months - month hired) / 12 months)) x 10 days (b) Exceptions to (a) above will be resolved between the Company and the appropriate bargaining unit. Any employee leaving of their own accord will be entitled to their earned vacation provided such employee provides at least two (2) weeks’ notice. When reasonable, all employees planning to resign from the Company will give the Company four (4) weeks prior notice to their departure. ARTICLE XXVI DEMOTION/DISMISSAL/SUSPENSION