Common use of Cash Out of Vacation Clause in Contracts

Cash Out of Vacation. Except for employees who elect to transfer vacation as provided in Section 29.4, upon termination employees will be paid for their accrued but unused vacation hours at a rate calculated in accord with Office of Financial Management guidelines; provided that in no event will the rate used for vacation cashouts be less than the employee’s regular rate of pay.

Appears in 8 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Cash Out of Vacation. Except for employees who elect to transfer vacation as provided in Section 29.418.4, upon termination employees will shall be paid for their accrued but unused vacation hours at a rate calculated in accord with Office of Financial Management guidelines; provided that in no event will the rate used for vacation cashouts be less than the employee’s their regular rate of pay.

Appears in 5 contracts

Samples: Public School Employees, Collective Bargaining Agreement, Collective Bargaining Agreement

Cash Out of Vacation. Except for employees who elect to transfer vacation as provided in Section 29.418.4, upon termination employees will who have successfully completed their probation period shall be paid for their accrued but unused vacation hours at a rate calculated in accord with Office of Financial Management guidelines; provided that in no event will the rate used for vacation cashouts be less than the employee’s their regular rate of pay.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Letter of Agreement, Collective Bargaining Agreement

Cash Out of Vacation. Except for employees who elect to transfer vacation as provided in Section Article 29.4, upon termination employees will be paid for their accrued but unused vacation hours at a rate calculated in accord with Office of Financial Management guidelines; provided that in no event will the rate used for vacation cashouts cash outs be less than the employee’s regular rate of pay.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Cash Out of Vacation. Except for employees who elect to transfer vacation as provided in Section Article 29.4, upon termination employees will be paid for their accrued but unused vacation hours at a rate calculated in accord with Office of Financial Management guidelines; provided that in no event will the rate used for vacation cashouts cashoutscash outs be less than the employee’s regular rate of pay.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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Cash Out of Vacation. Except for employees who elect to transfer vacation as provided in Section 29.416.4, upon termination employees will shall be paid for their accrued but unused vacation hours at a rate calculated in accord with Office of Financial Management guidelines; provided that in no event will the rate used for vacation cashouts be less than the employee’s their regular rate of pay.

Appears in 1 contract

Samples: cpb-us-e1.wpmucdn.com

Cash Out of Vacation. Except for employees who elect to transfer vacation as provided in Section 29.435.4, upon termination employees will shall be paid for their accrued but unused vacation hours at a rate calculated in accord with Office of Financial Management guidelines; provided that in no event will the rate used for vacation cashouts be less than the employee’s their regular rate of pay. In the event of a voluntary resignation, employees will receive pay for their accrued but unused vacation if they have provided or offered to provide at least two (2) weeks written notice.

Appears in 1 contract

Samples: Agreement

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