Common use of Cessation leave payment Clause in Contracts

Cessation leave payment. A redundant employee who has five or more years’ continuous service with MPI (or its predecessor organisations) will, in addition to payment of severance, be entitled to receive payment of cessation leave. Cessation leave is calculated as follows: Cessation Leave for Employees with less than 20 Years’ Service Service Requirement Entitlement (working days) 15 years' service 43 working days ompletion of 10 and under 15 years' service 29 working days Completion of 5 and under 10 years' service 15 working days Under 5 years' service Nil Cessation Leave for Employees with 20 Years or More Current or Recognised Previous Service Years Days 20-24 43 25 43 44 44 45 45 46 26 46 47 47 47 48 49 27 49 49 50 51 51 51 28 52 53 53 53 54 54 29 55 55 56 56 57 57 30 57 58 59 59 59 60 31 61 61 61 62 63 63 32 63 64 64 65 65 66 33 66 67 67 67 68 69 34 69 69 70 71 71 71 35 72 73 73 73 74 74 36 75 75 76 76 77 77 37 77 78 79 79 79 80 38 81 81 81 82 83 83 39 83 84 84 85 85 86 40 87 Accrued annual leave and long service leave will be separately paid at the conclusion of employment.

Cessation leave payment. ‌ A redundant employee who has five or more years’ ' continuous service with MPI (or its predecessor organisations) will, in addition to payment of severance, be entitled to receive payment of cessation leave. Cessation leave is calculated as follows: Cessation Leave for Employees with less than 20 Years’ Service Service Requirement Entitlement (working days) 15 years' ’ service 43 working days ompletion Completion of 10 and under 15 years' ’ service 29 working days Completion of 5 and under 10 years' ’ service 15 working days Under 5 years' ’ service Nil Cessation Leave for Employees with 20 Years or More Current or Recognised Previous Service Months 0 2 4 6 8 10 Years Days 20-24 43 25 43 44 44 45 45 46 26 46 47 47 47 48 49 27 49 49 50 51 51 51 28 52 53 53 53 54 54 29 55 55 56 56 57 57 30 57 58 59 59 59 60 31 61 61 61 62 63 63 32 63 64 64 65 65 66 33 66 67 67 67 68 69 34 69 69 70 71 71 71 35 72 73 73 73 74 74 36 75 75 76 76 77 77 37 77 78 79 79 79 80 38 81 81 81 82 83 83 39 83 84 84 85 85 86 40 87 Accrued annual leave and long service leave will be separately paid at the conclusion of employment.

Cessation leave payment. A redundant employee observer who has five or more years’ continuous service with MPI (or its predecessor organisations) will, in addition to payment of severance, be entitled to receive payment of cessation leave. Cessation leave is calculated as follows: Cessation Leave for Employees with less than 20 Years’ Service Service Requirement Entitlement (working daysWorking Days) 15 years' ’ service 43 working days ompletion Completion of 10 and under 15 years' ’ service 29 working days Completion of 5 and under 10 years' ’ service 15 working days Under 5 years' ’ service Nil Cessation Leave for Employees with 20 Years or More Current or Recognised Previous Service Months 0 2 4 6 8 10 Years Days 20-20 – 24 43 25 43 44 44 45 45 46 26 46 47 47 47 48 49 27 49 49 50 51 51 51 28 52 53 53 53 54 54 29 55 55 56 56 57 57 30 57 58 59 59 59 60 31 61 61 61 62 63 63 32 63 64 64 65 65 66 33 66 67 67 67 68 69 34 69 69 70 71 71 71 35 72 73 73 73 74 74 36 75 75 76 76 77 77 37 77 78 79 79 79 80 38 81 81 81 82 83 83 39 83 84 84 85 85 86 40 87 Accrued annual leave and long service leave will be separately paid at the conclusion of employment.

Cessation leave payment. ‌ A redundant employee who has five or more years’ continuous service with MPI (or its predecessor organisations) will, in addition to payment of severance, be entitled to receive payment of cessation leave. Cessation leave is calculated as follows: Cessation Leave for Employees with less than 20 Years’ Years Service Service Requirement Entitlement (working days) 15 years' service 43 working days ompletion Completion of 10 and under 15 years' service 29 working days Completion of 5 and under 10 years' service 15 working days Under 5 years' service Nil Cessation Leave for Employees with 20 Years or More Current or Recognised Previous Service Service‌ Years Days 20-24 43 25 43 44 44 45 45 46 26 46 47 47 47 48 49 27 49 49 50 51 51 51 28 52 53 53 53 54 54 29 55 55 56 56 57 57 30 57 58 59 59 59 60 31 61 61 61 62 63 63 32 63 64 64 65 65 66 33 66 67 67 67 68 69 34 69 69 70 71 71 71 35 72 73 73 73 74 74 36 75 75 76 76 77 77 37 77 78 79 79 79 80 38 81 81 81 82 83 83 39 83 84 84 85 85 86 40 87 Accrued annual leave and long service leave will be separately paid at the conclusion of employment.

Cessation leave payment. A redundant employee who has five or more years’ continuous service with MPI (or its predecessor organisations) will, in addition to payment of severance, be entitled to receive payment of cessation leave. Cessation leave is calculated as follows: Cessation Leave for Employees with less than 20 Years’ Years Service Service Requirement Entitlement (working days) 15 years' service 43 working days ompletion Completion of 10 and under 15 years' service 29 working days Completion of 5 and under 10 years' service 15 working days Under 5 years' service Nil Cessation Leave for Employees with 20 Years or More Current or Recognised Previous Service Years Days 20-24 43 25 43 44 44 45 45 46 26 46 47 47 47 48 49 27 49 49 50 51 51 51 28 52 53 53 53 54 54 29 55 55 56 56 57 57 30 57 58 59 59 59 60 31 61 61 61 62 63 63 32 63 64 64 65 65 66 33 66 67 67 67 68 69 34 69 69 70 71 71 71 35 72 73 73 73 74 74 36 75 75 76 76 77 77 37 77 78 79 79 79 80 38 81 81 81 82 83 83 39 83 84 84 85 85 86 40 87 Accrued annual leave and long service leave will be separately paid at the conclusion of employment.