Accrual of Vacation and Sick Leave Sample Clauses

Accrual of Vacation and Sick Leave. Accrual of vacation leave and sick leave benefits during the period of leave of absence with pay shall continue. If an employee is granted leave without pay, they will not be credited with vacation or sick leave accruals for the period of leave without pay with the exception of approved military leave where accruals are required by law to be credited.
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Accrual of Vacation and Sick Leave. The employee shall continue to accrue vacation and sick leave in accordance with the contract while the employee is working his or her regularly assigned FTE.
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Accrual of Vacation and Sick Leave. ‌ The unit member shall continue to accrue vacation and sick leave in accordance with the contract as long as they continue in a paid status with the District.
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Accrual of Vacation and Sick Leave. At the time of the Superintendent’s retirement, death, termination, or contract non-renewal, the Superintendent or his estate shall receive one hundred percent (100%) of all accrued vacation. All accrued vacation days which accrued prior to July 1, 2023, will also be submitted for payment. The Superintendent, or his estate, will have the option to receive a buyback of his sick leave accumulated before the start date of this Agreement either (a) at the start date of this Agreement, or (b) upon his retirement, death, termination, or contract non-renewal. The Superintendent, or his estate, will receive payment of one third (1/3) of the accumulated sick days; however, the number of days applied to the 1/3 formula shall be capped at four hundred seven (407). The salary used to calculate the value of the sick leave buyback shall be his salary as it existed on June 30, 2021.
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Related to Accrual of Vacation and Sick Leave

  • Vacation and Sick Leave During the Employment Term, the Executive shall be entitled to paid vacation and sick leave (without loss of pay) 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 twelve (12) month 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.

  • Accrual of Sick Leave a. A full-time employee shall accrue four (4) hours of sick leave for each biweekly pay period, or the number of hours that are directly proportionate to the number of days worked during less than a full-pay period, without limitation as to the total number of hours that may be accrued. b. A part-time employee shall accrue sick leave at a rate directly proportionate to the percent of time employed. c. An employee appointed under Other Personal Services (OPS) shall not accrue sick leave.

  • 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 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.

  • VACATION AND VACATION PAY 9.01 All employees who are covered under this agreement shall receive as vacation pay in accordance with the schedule under Article 9.04, the appropriate percentage of the employee's total earnings exclusive of the Employer's contribution to the Union's Benefit Plan. 9.02 When vacations are requested by more employees than can be reasonably scheduled to be away at any one time and still carry on efficient company operations, then the choice of those employees permitted to take their vacation will be insofar as possible based on customer requirements, efficient operation of the Shop, ability of employees to perform available work and length of service of the employees. 9.03 The Employer shall post annually during January a sheet on which employees may choose their vacation period. This list shall be completed by the employees no later than May 1. Any employee failing to select vacation time by May 1 will be deemed to have forfeited their privilege based on service credit, at that time, for vacation selection purposes. The Employer shall post the final vacation schedule no later than May 31. Any request for further changes to the final schedule must be made to the Employer giving the Employer at least four (4) weeks’ notice. If a Statutory holiday (as listed under Article 10.01) falls during an employee's vacation time, the employee will have the option to take that holiday at the end of the vacation period. This will be scheduled at the time the employee schedules his vacation. 9.04 Employees shall receive vacation time if requested in accordance with the provisions outlined below. Generally, two weeks may be taken in June, July and August, but with advance notice (per Article 9.03) and as mutually agreed, more may be taken. LENGTH OF SERVICE BASED ON DATE OF HIRING (as of July 1st of the current year) Vacation Pay Vacation Time 0 – 3 Months 4% 2 weeks After 3 Months 10% 3 weeks 9.05 The above amounts of vacation pay are remitted to the Union office with the regular monthly remittance.