Common use of End of Year Pay Period Clause in Contracts

End of Year Pay Period. For all salary and benefit purposes, the parties agree that the last day of the last pay period ending in the calendar year shall be the end of the year for sick leave. For excess sick leave only, the end of the year shall be treated as the last day of the last pay period nearest March 31.

Appears in 4 contracts

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

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End of Year Pay Period. β€Œ For all salary and benefit purposes, the parties agree that the last day of the last pay period ending in the calendar year shall be the end of the year for sick leave. For excess sick leave only, the end of the year shall be treated as the last day of the last pay period nearest March 31.

Appears in 2 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding

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