Compensation for Unused Vacation Sample Clauses

Compensation for Unused Vacation. At the conclusion of a fiscal year, the Superintendent may submit a request to redeem for cash payment up to ten (10} days of accrued and unused vacation. If approved by the Board, the District shall tender an amount, less withholdings and deductions, to the Superintendent equivalent to the number of days "cashed out." In the event of the termination of this Agreement, the Superintendent shall be compensated for accrued and unused vacation days at the Superintendent's then current daily rate of compensation (salary} or portion thereof, less appropriate withholdings and deductions.
Sample 1
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Compensation for Unused Vacation. 2 A unit member shall be paid for his/her accumulated vacation credit at 3 the rate of pay applicable to his/her current rate.
Sample 1

Related to Compensation for Unused Vacation

  • Annual Vacation Auxiliary employees will be entitled to receive annual vacation at the rate of four percent (4%) of their regular earnings. After one thousand (1,000) days worked, auxiliary employees will be entitled to receive annual vacation at the rate of six percent (6%) of their regular earnings.

  • Paid Vacation Except as otherwise provided in this Article, paid vacation shall be granted no longer than the fiscal year immediately following the fiscal year in which it is earned.

  • Compensation for Overtime 9.5.1 All overtime hours, except those overtime hours exceeding twelve (12) hours in one day, shall be compensated at a rate of pay equal to time and one-half the regular rate of pay of the employee. Those overtime hours exceeding twelve (12) in one day shall be compensated at a rate of pay equal to two times the regular pay of the employee.

  • Annual Vacation Leave 30.01 An Employee shall not take vacation leave without prior authorization from the Employer.

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