Common use of Cash-out of Leave Clause in Contracts

Cash-out of Leave. An employee may apply, in writing, to the CEO to cash-out an amount of their available recreation leave provided that: (a) the employee’s remaining accrued entitlement to paid recreation leave is not less than four weeks; (b) each cashing-out of a particular amount of paid recreation leave must be by a separate agreement in writing between the CEO and employee; (c) the employee must be paid at least the full amount that would have been payable to the employee had the employee taken the leave that the employee has forgone; and (d) a minimum of five days is to be cashed-out in any occasion.

Cash-out of Leave. An employee may apply, in writing, to the CEO to cash-out an amount of their available recreation leave provided that: (a) the employee’s remaining accrued entitlement to paid recreation leave is not less than four weeks; (b) each cashing-cashing out of a particular amount of paid recreation leave must be by a separate agreement in writing between the CEO and employee; (c) the employee must be paid at least the full amount that would have been payable to the employee had the employee taken the leave that the employee has forgone; and (d) a minimum of five days is to be cashed-out in on any occasion.

Cash-out of Leave. An employee may apply, in writing, to the CEO Director to cash-out an amount of their the employee’s available recreation leave provided that: (a) the employee’s remaining accrued entitlement to paid recreation leave is not less than four weekssix weeks (252 hours); (b) each cashing-out of a particular amount of paid recreation leave must be by a separate agreement in writing between the CEO Director and employee; (c) the employee must be paid at least the full amount that would have been payable to the employee had the employee taken the leave that the employee has forgoneforegone; and (d) a minimum of five days is to be cashed-out in on any occasion.

Cash-out of Leave. An employee may apply, in writing, to the CEO to cash-out an amount of their his or her available recreation leave provided that: (a) the employee’s remaining accrued entitlement to paid recreation leave is not less than four weeks; (b) each cashing-cashing out of a particular amount of paid recreation leave must be by a separate agreement in writing between the CEO and employee; (c) the employee must be paid at least the full amount that would have been payable to the employee had the employee taken the leave that the employee has forgone; and (d) a minimum of five days is to be cashed-out in on any occasion.

Cash-out of Leave. An employee may apply, in writing, to the CEO to cash-out an amount of their available recreation leave provided that: (a) the employee’s remaining accrued entitlement to paid recreation leave is not less than four weeks; (b) each cashing-cashing out of a particular amount of paid recreation leave must be by a separate agreement in writing between the CEO and employee; (c) the employee must be paid at least the full amount that would have been payable to the employee had the employee taken the leave that the employee has forgone; and (d) a minimum of five days is to be cashed-out in on any occasion.

Cash-out of Leave. An employee may apply, in writing, to the CEO to cash-out an amount of their his or her available recreation leave provided that: (a) the employee’s remaining accrued entitlement to paid recreation leave is not less than four (4) weeks; (b) each cashing-cashing out of a particular amount of paid recreation leave must be by a separate agreement in writing between the CEO and employee; (c) the employee must be paid at least the full amount that would have been payable to the employee had the employee taken the leave that the employee has forgone; and (d) a minimum of five (5) days is to be cashed-out in on any occasion.

Cash-out of Leave. An employee may apply, in writing, to the CEO to cash-out an amount of their available recreation leave provided that: (a) the employee’s remaining accrued entitlement to paid recreation leave is not less than four weeks; (b) each cashing-out of a particular amount of paid recreation leave must be by a separate agreement in writing between the CEO and employee; (c) the employee must be paid at least the full amount that would have been payable to the employee had the employee taken the leave that the employee has forgoneforegone; and (d) a minimum of five days is to be cashed-out in on any occasion.

Cash-out of Leave. (a) An employee may apply, in writing, to the CEO to cash-out an amount of their his or her available recreation leave provided that: (ai) the employee’s remaining accrued entitlement to paid recreation leave is not less than four (4) weeks; (bii) each cashing-cashing out of a particular amount of paid recreation leave must be by a separate agreement in writing between the CEO and employee; (ciii) the employee must be paid at least the full amount that would have been payable to the employee had the employee taken the leave that the employee has forgone; and (div) a minimum of five (5) days is to be cashed-out in on any occasion.