Common use of Pay on Termination Clause in Contracts

Pay on Termination. When an Employee is laid off, voluntarily terminates or is discharged for just cause, payment by cheque (or electronic direct deposit) at the sole discretion of the Employer of all monies owing, including a printed confirmation of earnings and deductions and a Record of Empoyment (“XXX”) shall, be sent as soon as possible thereafter by Mail within three (3) working days to the Employee’s last known address or to an address requested by the Employee or if such address is not available, then to the Union Hall. When an Employee voluntarily terminates his employment, the Employer shall pay out such Employee on his next regular pay day. Employees paid by electronic direct deposit shall be paid in full on the next regular pay day. Records of Employment for Employment Insurance purposes may, at the sole discretion of the Employer, be submitted electronically or by paper forms to Services Canada and in accordance with Service Canada requirements. For an electronically submitted XXX a paper copy of the XXX shall be provided on request of an Employee.

Appears in 4 contracts

Samples: Commercial Agreement, Commercial Agreement, Commercial Agreement

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