Common use of Annual Cash Payment Clause in Contracts

Annual Cash Payment. Up to four (4) times each calendar year, during the first pay period of any quarter, an employee may request cash payment at the employee’s hourly base rate of pay for accrued vacation time. The total amount of accrued vacation time that an employee may cash out in this manner shall not exceed forty (40) hours in any calendar year.

Appears in 4 contracts

Samples: www.encinitasca.gov, encinitasca.gov, www.seiu221.org

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