Common use of Compensation for Accrued Vacation-Leave Clause in Contracts

Compensation for Accrued Vacation-Leave. Upon the completion of employment with the City, an employee, or employee's estate, shall be entitled to receive a cash payout equal to 100% of the value of accrued unused vacation credit, computed from the last base wage of the employee, including all base monthly special assignment and incentive pay. Payment shall be made as soon as practicable following the termination of employment.

Appears in 3 contracts

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

AutoNDA by SimpleDocs

Compensation for Accrued Vacation-Leave. Upon the completion of employment with the City, an employee, or employee's estate, shall be entitled to receive a cash payout settlement equal to 100% of the value of accrued unused vacation credit, computed from the last base wage salary of the employee, including all base monthly special assignment and incentive pay. Payment shall be made as soon as practicable following the termination of employment.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

Compensation for Accrued Vacation-Leave. Upon the completion of employment with the City, an employee, or employee's estate, shall be entitled to receive a cash payout equal to 100% of the value of accrued unused vacation credit, computed from the last base wage of the employee, including all base monthly special assignment and incentive pay. Payment shall be made as soon as practicable following the termination of employment.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

Compensation for Accrued Vacation-Leave. Upon the completion of employment with the City, an employee, or employee's estate, shall be entitled to receive a cash payout equal to 100% of the value of accrued unused vacation credit, computed from the last base wage salary of the employee, including all base monthly special assignment and incentive pay. Payment shall be made as soon as practicable following the termination of employment.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

AutoNDA by SimpleDocs

Compensation for Accrued Vacation-Leave. Upon the completion of employment with the City, an employee, or employee's estate, shall be entitled to receive a cash settlementcash payout equal to 100% of the value of accrued unused vacation credit, computed from the last base wage salary of the employee, including all base monthly special assignment and incentive pay. Payment shall be made as soon as practicable following the termination of employment.

Appears in 1 contract

Samples: Memorandum of Understanding

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!