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
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
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