Common use of Effect of Layoff on Credit Clause in Contracts

Effect of Layoff on Credit. Any employee who is laid off (on other than a temporary layoff of twenty-one (21) calendar days or less) shall receive pay in lieu of all of his hours of Vacation Credit and Sick Leave Credit earned and unused up to the effective date of layoff irrespective of whether he has been employed until his eligibility date. Employees temporarily laid off shall not receive pay in lieu of unused Credit.

Effect of Layoff on Credit. 13 Any employee who is laid off (on other than a temporary layoff 14 of twenty-one (21) calendar days or less) shall receive pay in 15 lieu of all of his hours of Vacation Credit and Sick Leave Credit 16 earned and unused up to the effective date of layoff irrespective 17 of whether he has been employed until his eligibility date. 18 Employees temporarily laid off shall not receive pay in lieu of 19 unused Credit.

Effect of Layoff on Credit. Any employee who is laid off (on 32 other than a temporary layoff of twenty-one fourteen (2114) calendar days or less) 1 shall receive pay in lieu of all of his his/her hours of Vacation Credit and 2 Sick Leave Credit earned and unused up to the effective date of layoff 3 irrespective of whether he he/she has been employed until his his/her 4 eligibility date. Such pay shall be in addition to such benefits as may 5 be payable to the employee under the Financial Security Plan. 6 Employees temporarily laid off shall not receive pay in lieu of unused Credit.unused