Annual Leave at Termination. Upon termination for any reason employees shall be entitled to payment for unused cashable annual leave balances. Such payment shall be made at the rate of 100% of the then current value of the employee's leave balance based upon his factored hourly rate at time of termination. Non-cashable annual leave shall be forfeited upon termination.
Appears in 3 contracts
Samples: Terms of Agreement, alaskapolicyforum.org, www.muni.org
Annual Leave at Termination. Upon termination for any reason employees shall be entitled to payment for unused cashable annual leave and cashable sick leave balances. Such payment shall be made at the rate of 100% of the then current value of the employee's leave balance based upon his his/her factored hourly rate at time of termination. Non-cashable annual leave shall be forfeited upon termination.
Appears in 1 contract
Samples: Collective Bargaining Agreement
