Common use of Official Resignation Clause in Contracts

Official Resignation. Upon official resignation an employee shall be entitled to the prorated share of his/her vacation time earned in that year and available to him/her upon reaching his/her anniversary date. Dollar calculations shall be done from the employee's anniversary date up to and including her/his effective date of official resignation. When making these calculations, a figure of .5 or greater will be rounded up to give the employee an additional month of service or day of vacation time.

Appears in 4 contracts

Samples: dam.assets.ohio.gov, Contract, serb.ohio.gov

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.