Annual Leave upon Termination of Employment Sample Clauses

Annual Leave upon Termination of Employment. Upon termination of an Employee’s employment the value of the Employee’s accrued but untaken annual leave shall be paid to the Employee.
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Annual Leave upon Termination of Employment. Where an employee resigns or retires or is dismissed or otherwise terminated from employment, the employee will receive payment in lieu of annual leave accrued but not taken, provided that, in the event of termination of employment due to the employee's death, such payment shall be made to the legal representative of the employee. In all instances, payment in lieu shall be for all annual leave accrued for each completed year of service plus a pro rata amount for the current year of service calculated on a daily basis.

Related to Annual Leave upon Termination of Employment

  • Annual Leave upon termination (a) On termination of employment, the value of any accrued but untaken annual leave shall be paid out to an Employee. (b) Leave loading will also apply to annual leave paid out upon termination.

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