Common use of Cash-In Clause in Contracts

Cash-In. All hours of cashable annual leave in excess of four hundred and eighty (480) hours, unless converted to cashable sick leave under Subsection (B) below, shall be paid in cash to the employee in the next pay period following the last full pay period in December. The employee’s factored rate of pay as of the last day in the last full pay period of December will be utilized for the leave cash-in rate.

Cash-In. All hours of cashable annual leave in excess of four hundred and eighty (480) hours, unless committed, or converted to cashable sick leave under Subsection (B) below, shall be paid in cash to the employee in on the next last pay period following the last full pay period in December. The employee’s factored rate of pay as of the last day in the last full pay period of prior to December will be utilized for the leave cash-in rate31.

Cash-In. All hours of cashable annual leave in excess of four hundred and eighty (480) hours, unless converted to cashable sick leave under Subsection (B) below, shall be paid in cash to the employee in the next pay period following the last full pay period in DecemberSeptember. The employee’s factored rate of pay as of the last day in the last full pay period of December in September will be utilized for the leave cash-in rate.

Cash-In. All hours of cashable annual leave in excess of four hundred and eighty (480) hours, unless converted to cashable sick leave under Subsection (B) below, shall be paid in cash to the employee in the next pay period following the last full pay period in DecemberSeptember. The employee’s factored rate of pay as of the last day in the last full pay period of December in September will be utilized for the leave cash-in rate.

Cash-In. 1. All hours of cashable annual leave in excess of four hundred and eighty (480) hours, 480 unless converted to cashable sick leave under Subsection (B) below, shall be paid in cash to the employee in the next pay period following the last full pay period in DecemberSeptember. The employee’s factored rate of pay as of the last day in the last full pay period of December September will be utilized for the leave cash-in rate. 2. Subject to the availability of cash and normal budgetary limitations, cash in lieu of accrued cashable annual leave may be obtained twice each calendar year by submitting a request in writing to the employees’ Agency Head provided the employee retains at least eighty (80) hours of annual leave in the employee’s annual leave account following cash payment.