Accrued Vacation Time Sample Clauses
The "Accrued vacation time" clause defines how employees accumulate paid vacation days over the course of their employment. Typically, this clause outlines the rate at which vacation time is earned, such as a certain number of hours or days per month worked, and may specify limits on how much vacation can be carried over or paid out upon termination. Its core practical function is to ensure both employer and employee have a clear understanding of vacation entitlements, preventing disputes and providing a fair system for time off management.
Accrued Vacation Time. Such time must be used prior to the use of time under c. and d. below.
Accrued Vacation Time. Twelve-month employees are entitled to the following days. After completing:
Accrued Vacation Time. Purchaser hereby agrees to satisfy when due all obligations of Seller to provide accrued paid vacation (or pay in lieu thereof) to each Hired Employee solely to the extent such accrued vacation as of the Closing Date is reflected on Schedule 1.3. Purchaser will give each Hired Employee credit under Purchaser’s vacation policies, for purposes of eligibility and entitlement to benefits, for such Hired Employee’s service with Seller prior to the Closing to the extent such service was credited under Seller’s policies.
Accrued Vacation Time. For each U.S. H&N Business Employee who becomes a Transferred H&N Business Employee, Fermat (or its applicable Subsidiary) shall pay any accrued unused vacation time, as of the Closing, on or timely following the Closing Date. For each Automatic Transfer H&N Business Employee and each other International H&N Business Employee who becomes a Transferred H&N Business Employee, in addition to the requirements imposed by applicable Law and except where prohibited by applicable Law, Descartes will or will cause its applicable Subsidiary to recognize and assume the Liability with respect to accrued but unused vacation time and Descartes (or its applicable Subsidiary) shall allow such Transferred H&N Business Employees to use such vacation time in accordance with the terms of Descartes’s (or its applicable Subsidiary’s) policies or programs; provided, that such vacation time shall be banked and not subject to forfeiture under such policies or programs. No later than thirty (30) days following the Closing Date, Fermat shall provide Descartes with a schedule of each Transferred H&N Business Employee’s accrued but unused vacation time that will transfer to Descartes pursuant to this Section 5.9(k).
Accrued Vacation Time. This Settlement Agreement ("Agreement") is made and entered into effective July 1, 2020 ("Effective Date"), by and between the Oak Park Unified School District (''the District") and the Oak Park Classified Association ("OPCA") (hereafter collectively referred to as "the Parties").
Accrued Vacation Time. The Board agrees that in the event a lead driver voluntarily leaves the employ of the Board before the vacation period, and provided that the lead driver gives not less than two (2) weeks' notice of his/her intent to leave, he/she shall be compensated for any accrued vacation time that may be due him/her in accordance with the above schedule.
Accrued Vacation Time. Within one (1) Business Day of the Closing, a schedule setting forth the number of days of accrued but unused vacation time for each Continuing Employee as of the Closing Date.
Accrued Vacation Time. Within thirty (30) days of the Closing Date, Parent shall pay each individual named on Schedule 6.1(q) attached hereto the amount of vacation time accrued through December 31, 2010 (“Accrued Vacation Time”), as set forth opposite such individual’s name on such schedule. Parent shall provide the Buyer written notice evidencing that all payments have been made simultaneously with the actual payment thereof.
Accrued Vacation Time. Executive shall receive payment, within fifteen --------------------- (15) days after the Effective Date, of all of Executive's unused available prior-accrued vacation as stated in the Company's payroll records as of the date of execution hereof, plus Executive's additional accrued vacation allocated through the Effective Date, pursuant to the Company's standard policy, based upon Executive's Base Salary.
Accrued Vacation Time. 32 7.7 U.S. WARN Act...................................................................33 7.8 U.S. COBRA......................................................................33 ARTICLE VIII OTHER POST-CLOSING COVENANTS...................................................33