Common use of Vacation Computation Clause in Contracts

Vacation Computation. The total amount of vacation pay due each employee shall be based on his length of continuous service with the company, and shall be computed in accordance with the "Computation of Vacation Pay Table" set out below. COMPUTATION OF VACATION PAY TABLE Length of employee's continuous service with the company computed as of June 30th prior to the "General Vacation Fortnight". EFFECTIVE SEPTEMBER, 1994 Less than one (1) year, rate of vacation pay 4.5% of the employee's total earnings for work performed for the company during the twelve (12) months preceding the last pay period but three (3) prior to the commencement of the "General Vacation Fortnight" referred to in paragraph 20.01 of this article. One (1) year or over but less than three (3) years 5% Three (3) years or over but less than five (5) years 5.5% Five (5) years or over but less than eight (8) years 6.5% Eight (8) years or over but less than twelve (12) years 7% Twelve (12) years or over but less than fifteen (15) years 7.5% Fifteen (15) years or over but less than twenty (20) years 8.5% Twenty (20) years or over but less than twenty-five (25) years 10% Twenty-five (25) years or over 11%

Vacation Computation. The total amount of vacation pay due each employee shall be based on his length of continuous service with the company, and shall be computed in accordance with the "Computation of Vacation Pay Table" set out below. COMPUTATION OF VACATION PAY TABLE Length of employee's continuous service with the company computed as of June 30th prior to the "General Vacation Fortnight". EFFECTIVE SEPTEMBER, 1994 Less than one (1) year, rate of vacation pay 4.5% of the employee's total earnings for work performed for the company during the twelve (12) months preceding the last pay period but three (3) prior to the commencement of the "General Vacation Fortnight" referred to in paragraph 20.01 of this article. One (1) year or over but less than three (3) years 5% Three (3) years or over but less than five (5) years 5.5% Five (5) years or over but less than eight (8) years 6.5% Eight (8) years or over but less than twelve (12) years 7% Twelve (12) years or over but less than fifteen (15) years 7.5% Fifteen (15) years or over but less than twenty (20) years 8.5% Twenty (20) years or over but less than twenty-five (25) years 10% Twenty-five (25) years or over 11%