Common use of Payment at Termination Clause in Contracts

Payment at Termination. A person who resigns, retires, is laid off or discharged and who has earned vacation time on record shall be paid for the vacation as of the effective date of the termination, except that no payment shall be made to any employee who has been employed less than one-half (1/2) of the annual period.

Appears in 4 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Payment at Termination. A person who resigns, retires, is laid off or discharged and who has earned vacation time on record shall be paid for the vacation as of the effective date of the termination, except that no payment shall be made to any employee who has been employed less than one-half (1/2) of the annual period.

Appears in 3 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Payment at Termination. A person who resigns, retires, is laid off or discharged discharged, and who has earned vacation time on record record, shall be paid for the vacation as of the effective date of the termination, except that no payment shall be made to any employee who has been employed less than one-half (1/2) of the annual period.

Appears in 3 contracts

Samples: Memorandum of Understanding (Mou), Collective Bargaining Agreement, Collective Bargaining Agreement

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Payment at Termination. A person who resigns, retires, is laid off or discharged discharged, and who has earned vacation time on record record, shall be paid for the vacation as of the effective date of the termination, except that no payment shall be made to any employee who has been employed less than one-half (1/2) of the annual period.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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