Common use of Cash Payment Upon Separation from the Service Clause in Contracts

Cash Payment Upon Separation from the Service. In the event any employee, after the completion of his/her qualifying year of service, becomes separated from the service of the City by reason of resignation, discharge, retirement or death, or for any other reason, cash payment of a sum equal to all accrued, but unused, vacation, including vacation for the proportionate part of the service year in which the separation takes place, shall be made at the salary rate current at the date of said separation to the employee, his/her estate or any person legally entitled to such payment under any law of this State.

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Cash Payment Upon Separation from the Service. In the event any employee, after the completion of his/her the employee’s qualifying year of service, becomes separated from the service of the City by reason of resignation, discharge, retirement or death, or for any other reason, cash payment of a sum equal to all accrued, but unused, vacation, including vacation for the proportionate part of the service year in which the separation takes place, shall be made at the salary rate current at the date of said separation to the employee, his/her the employee’s estate or any person legally entitled to such payment under any law of this State.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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Cash Payment Upon Separation from the Service. In the event any employee, after the completion of his/her qualifying year of service, becomes separated from the service of the City by reason of resignation, discharge, retirement or death, or for any other reason, cash payment of a sum equal to all accrued, but unused, vacation, including vacation vacation, for the proportionate part of the service year in which the separation takes place, shall be made at the salary rate current at the date of said separation to the employee, his/her estate or any person legally entitled to such payment under any law of this State.

Appears in 1 contract

Samples: Memorandum of Understanding

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