LEAVE AT TERMINATION. 38.1. Accumulated vacation, compensating time off, and holiday credit will be paid off in cash at the time of termination of employment, rather than being taken off immediately prior to termination with the intent of extending the termination date by the amount of the leave time.
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Samples: Memorandum of Understanding
LEAVE AT TERMINATION. 38.1. Accumulated vacation, compensating time off, off and holiday credit will be paid off in cash at the time of termination of employment, rather than being taken off immediately prior to termination with the intent of extending the termination date by the amount of the leave time.
Appears in 1 contract
Samples: Memorandum of Understanding
LEAVE AT TERMINATION. 38.1. Accumulated vacation, compensating time off, off and holiday credit will be paid off in cash at the current salary at the time of termination of employment, rather than being taken off immediately prior to termination with the intent of extending the termination date by the amount of the leave time. Payment for unused compensatory time shall be at a rate of compensation not less than (a) the average regular rate received by such employee during the last 3 years of the employee’s employment, or (b) the final regular rate received by such employee, whichever is higher.
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Samples: www.rlslawyers.com
LEAVE AT TERMINATION. 38.1. 34.1 Termination Pay Out Accumulated vacation, compensating time off, vacation and holiday credit will be paid off in cash monetary compensation at the time of termination of employment, rather than being taken off immediately prior to termination with the intent of extending the termination date by the amount of the leave time.
Appears in 1 contract
Samples: afscme57.s3-us-west-1.amazonaws.com
LEAVE AT TERMINATION. 38.1. Accumulated vacation, compensating time off, off and holiday credit will be paid off in cash at the current salary at the time of termination of employment, rather than being taken off immediately prior to termination with the intent of extending the termination date by the amount of the leave time. Payment for unused compensatory time shall be at a rate of compensation not less than (a) the average regular rate received by such employee during the last 3 years of the employee’s employment, or (b) the final regular rate received by such employee, whichever is higher.
Appears in 1 contract
Samples: Memorandum of Understanding