Compensation Upon Termination and Credit for Accrued Vacation Sample Clauses

Compensation Upon Termination and Credit for Accrued Vacation. Upon lawful termination of this contract for any reason, the compensation to be paid hereunder shall be an amount which bears the same ratio to the annual salary specified as the number of months or fraction thereof to the date of such termination bears to the 12 months in the annual salary period in which termination occurs. The Superintendent shall refund any portion of the salary he was paid but had not earned prior to the date of termination of this contract. He shall be paid for any unused vacation days at the daily compensation rate then in effect at the termination of employment.
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Compensation Upon Termination and Credit for Accrued Vacation. Upon lawful termination of this contract for any reason, the compensation to be paid hereunder shall be an amount which bears the same ratio to the annual salary specified as the number of contract days or fraction thereof to the date of such termination bears to the total contract days in the annual salary period in which termination occurs. The Superintendent shall refund any portion of the salary he was paid but had not earned prior to the date of termination of this contract. The Superintendent shall not be entitled to any reimbursement for unused sick leave or vacation either during the term of this contract or at its conclusion.
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Compensation Upon Termination and Credit for Accrued Vacation. Upon lawful termination of this contract for any reason, the Interim Superintendent shall refund any portion of the salary he was paid but had not earned prior to the date of termination of this contract.
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Compensation Upon Termination and Credit for Accrued Vacation. Upon lawful termination of this Contract for any reason, the compensation to be paid hereunder shall be an amount which bears the same ratio to the annual salary specified as the number of months or fraction thereof to the date of such termination bears to the twelve months in the annual salary period in which termination occurs. Any portion of the salary paid, but not earned, prior to the date of termination of this Contract shall be refunded by the Administrator. Upon termination or expiration of this Contract, the Administrator shall be entitled to compensation for all unused accrued vacation leave at the current salary.
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Compensation Upon Termination and Credit for Accrued Vacation. Upon lawful termination of this Contract for any reason, the compensation to be paid hereunder shall be an amount which bears the same ratio to the annual salary specified as the number of months or fraction thereof to the date of such termination bears to the twelve months in the annual salary period in which termination occurs. Any portion of the salary paid, but not earned, prior to the date of termination of this Contract shall be refunded by the Superintendent Upon termination or expiration of this Contract, the Superintendent shall be entitled to compensation for all unused accrued annual vacation leave at the salary rate effective during the school year in which the vacation credit was earned.
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Compensation Upon Termination and Credit for Accrued Vacation. Upon termination of this Agreement for any reason, Xx. Xxxxxxxxx shall receive only the salary accrued as of the date of termination or the date that Xx. Xxxxxxxxx ceases to perform his duties under this Agreement, whichever occurs first. Any portion of the salary paid but not earned prior to the date of termination of this Agreement shall be refunded by Xx. Xxxxxxxxx. Upon termination or expiration of this Agreement, Xx. Xxxxxxxxx shall be entitled to compensation for all unused accrued vacation and sick leave, if any, in accordance with state law.
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Compensation Upon Termination and Credit for Accrued Vacation. Upon lawful termination of this contract for any reason, the Superintendent’s compensation shall be the percentage of his annual salary based upon the number of months, or fractions of months, he has served in the contract year. For example, if he has served three months, he shall receive one-fourth of his annual salary. If he has served four and one-half months, he shall receive 37.50 percent of his salary (4.5 divided by 12). The Superintendent shall refund any portion of the salary paid, but not earned, prior to the date of termination of this Contract.
Sample 1
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Compensation Upon Termination and Credit for Accrued Vacation. Upon lawful termination of this Contract for any reason, the compensation to be paid hereunder shall be an amount which bears the same ratio to the annual salary specified as the number of months or fraction thereof to the date of such termination bears to the twelve months in the annual salary period in which termination occurs, subject to rights of the parties pursuant to this Contract. Any portion of the salary paid, but not earned, prior to the date of termination of this Contract shall be refunded by the Superintendent, subject to the terms and conditions of this Contract. Further, upon lawful termination of this Contract, for any reason, Superintendent shall be reimbursed for any accrued vacation called for under said contract.
Sample 1
Compensation Upon Termination and Credit for Accrued Vacation. Upon lawful termination of this contract for any reason, the Superintendent shall be paid his base salary and benefits through the date of termination. Thereafter, all salary and benefit obligations to Superintendent shall cease. The Superintendent shall refund any portion of the base salary and benefits paid but not earned, prior to the date of termination of this contract. He shall be paid for any unused vacation days at the daily compensation rate.
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Related to Compensation Upon Termination and Credit for Accrued Vacation

  • Compensation Upon Termination Upon termination of Executive’s employment during the Employment Term, Executive shall be entitled to the following benefits:

  • Employer Compensation Upon Separation An Employee, upon their separation from employment, shall compensate the Employer for vacation which was taken but to which they were not entitled.

  • Vacation Pay Upon Termination When an employee in the bargaining unit is terminated for any reason, he/she shall be entitled to all vacation pay earned and accumulated up to and including the effective date of the termination.

  • Termination and Post-Termination Continuation of Services If either Party provides Notice of Termination pursuant to Section 6.3 and, by 11:59 p.m. Central Time on the stated date of termination, neither Party has requested negotiation of a new Interconnection agreement, then (a) this Agreement will terminate at 11:59 p.m. Central Time on the termination date identified in the Notice of Termination, and (b) the services and functions being provided by CenturyLink under this Agreement at the time of termination, including Interconnection arrangements and the exchange of Local Traffic, may be terminated by CenturyLink unless the Parties jointly agree to other continuing arrangements.

  • Employee Compensation Upon Separation An Employee, upon their separation from employment, shall be compensated for vacation leave to which they are entitled.

  • Termination Compensation Termination Compensation equal to two (2) times the Executive's Base Period Income shall be paid to the Executive in a single sum payment in cash on the thirtieth (30th) business day after the later of (a) the Control Change Date and (b) the date of the Executive's employment termination; provided that if at the time of the Executive's termination of employment the Executive is a Specified Employee, then payment of the Termination Compensation to the Executive shall be made on the first day of the seventh (7th) month following the Executive's employment termination.

  • Vacation Pay on Termination An employee whose employment is terminated shall receive vacation pay at the appropriate percentage of the wages or salary earned during the period of entitlement in accordance with the employee's years of service.

  • Compensation on Termination (a) If this Project Agreement is terminated pursuant to Sections 34.3(a), 35.2(a)(ii), 36.1, 36.2 or 36.3, then:

  • Termination and Severance Pay Employees who terminate their employment with the City for any reason shall have their termination pay computed in the following manner.

  • Compensation for Convenience Termination If City shall terminate for its convenience as herein provided, City shall compensate Consulting Engineer/Architect for all Engineering/Architectural Services satisfactorily completed to date of its receipt of the termination notice and any additional Engineering/Architectural Services requested by City to bring the Project to reasonable termination. Compensation shall not include anticipatory profit or consequential damages, neither of which will be allowed.

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