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ARTICLE, III <br /> Severance Pay <br /> section- 1. All permanent employees who have completed five (5) years <br /> of service with the Village shall be entitled to 50% of the unused sick <br /> leave as severance pay upon rcLi:0m0nt Or if they become disabled so <br /> they must terminate their employment. upon death of an employee the bene- <br /> ficiary shall be paid the severance poy uuu. <br /> ARTICLt, IV <br /> Holidays <br /> Sectjott 1. All omplbyoos shall be granted leave of absence with regular <br /> - pay on all legal holidays. These are: <br /> ------- ---- <br /> New Year 's nay Christmas Day <br /> Good Friday President's Birthday=- -- -- -- <br /> Labor Day independence Day <br /> - <br /> - T't'tankvgiving=-Day- Veteran's gay <br /> - -- at lXkliX tY t Columbus tray - -- - - - -- <br /> - -- Memorial Day <br /> _- <br /> e- <br /> ---Section 2-._ When a holiday falls on Saturday-, the-preceding Fxd ,' Ali -be Gc,7aid.:red the holiday for all. employees. When the Holiday falls on <br /> -. a Sunday, the following Monday shall be the Holiday for all employees. <br /> - - - - - - - - ARTICLE V <br /> Vacation; <br /> ' 1—pct-ton--1 - permanent -employees shall he-granted-the following_ vacation _ — <br /> nohedulc <br /> 1 - 5 years' service - 2 weaks - <br /> After 5 years' service - 3 weeks <br /> After 20 years ' service - 4 weeks <br /> Sect ion , l ltlployees with two weeks' vacation due gust ' eke at least <br /> one -..eek of said vacation days cc ns0cutive.11- <br /> Employees with three or four weeks vacation clue mast Lake <br /> ata Leas,; two w€oks of said vacation days consecutively. <br /> Section 3_. Etttployees with loss than one yenr's service shall have their - <br /> vacation Prorated at 5/61n aay per month. <br /> `mat ,cliff #. An employee may holdover. ten (10) daya maximum into <br /> 1to�tr�! <br /> mar'f* t �1 9 1 sl 1r 41st k C.`1l for; ?T;ip1.nyPo qhn L D <br /> o L_?tl s q`- - .. <br /> - = _ <br /> c �� <br />