Common use of Payment for Unused Annual Leave Clause in Contracts

Payment for Unused Annual Leave. (1) Upon termination from an annual leave accruing appointment, or transfer from an annual leave accruing appointment to an academic year or XXXX appointment, and unless the employee requests the option in (2) below, the University shall pay an eligible employee for up to forty-four days (352 hours) of unused annual leave at the calendar year rate the employee was accruing as of the employee's last day of work, provided that a determination has been made by the Xxxxxxx or designee that the employee was unable to reduce the unused annual leave balance prior to termination or reassignment to an academic year or XXXX appointment. All unused annual leave in excess of forty- four days (352 hours) shall be forfeited by the employee. (2) Upon transfer from an annual leave accruing contract to an academic year or XXXX appointment, the employee may elect to retain all unused annual leave until such time, not to exceed two (2) years, as the employee transfers back to an annual leave accruing contract or terminates employment. Upon such termination or at the end of two

Payment for Unused Annual Leave. (1) Upon termination from an annual leave accruing appointmentcontract, or transfer from an annual leave accruing appointment contract to an academic year or XXXX appointment, and unless the employee requests the option in (2) below, the University shall pay an eligible the employee for up to forty-four days (352 hours) of unused annual leave at the calendar year rate the employee was accruing as of the employee's last day of work, provided that a determination has been made by the Xxxxxxx President or designee representative that the employee was unable to reduce the unused annual leave balance prior to termination or reassignment to an academic year or XXXX appointment. All unused annual leave in excess of forty- forty-four days (352 hours) shall be forfeited by the employee. (2) Upon transfer from an annual leave accruing contract to an academic year or XXXX appointment, the employee may elect to retain all unused annual leave until such time, not to exceed two (2) years, as the employee transfers back to an annual leave accruing contract or terminates employment. Upon such termination or at the end of two