Common use of Payment for Vacation Leave at Termination Clause in Contracts

Payment for Vacation Leave at Termination. Upon termination, regular permanent employees shall receive pay in lieu of unused vacation based on limitations stated above and as further limited by this Section. Employees shall receive, upon termination, pay in lieu of unused vacation up to the limits as prescribed above. However, at their option, such employees may elect to take paid service time in lieu of termination pay. Employees who terminate active employment before completing six (6) months of employment shall receive no vacation pay. Pay for unused vacation leave shall be computed through the last day of employment.

Appears in 3 contracts

Samples: Agreement, Settlement Agreement, Collective Bargaining Agreement

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Payment for Vacation Leave at Termination. Upon terminationtermination of employment, regular permanent employees shall receive pay a lump sum payment in lieu of one-hundred percent (100%) of unused vacation leave, based on limitations stated above and as further limited by this Section. Employees shall receive, upon termination, pay in lieu of unused vacation up to the limits as prescribed above. However, at their option, such employees may elect to take paid service time in lieu of termination pay. Employees who terminate active employment before completing six (6) months of employment shall receive no vacation pay. Pay for unused vacation leave shall be computed through the last day of employment. This Section may be subject to modification to meet legal requirements in the event of further changes in State Law.

Appears in 3 contracts

Samples: Letters of Agreement, Agreement, Letters of Agreement

Payment for Vacation Leave at Termination. Upon terminationtermination of employment, regular permanent employees shall receive pay a lump sum payment in lieu of one hundred percent (100%) of unused vacation leave, based on limitations stated above and as further limited by this Section. Employees shall receive, upon termination, pay in lieu of unused vacation up to the limits as prescribed above. However, at their option, such employees may elect to take paid service time in lieu of termination pay. Employees who terminate active employment before completing six (6) months of employment shall receive no vacation pay. Pay for unused vacation leave shall be computed through the last day of employment. Section 15.04 may be subject to modification to meet legal requirements in the event of further changes in State Law.

Appears in 3 contracts

Samples: Incorporated Into Agreement, Incorporated Into Agreement, Collective Bargaining Agreement

Payment for Vacation Leave at Termination. Upon terminationtermination of employment, regular permanent employees shall receive pay a lump sum payment in lieu of one-hundred percent (100%) of unused vacation leave, based on limitations stated above and as further limited by this Section. Employees shall receive, upon termination, pay in lieu of unused vacation up to the limits as prescribed above. However, at their option, such employees may elect to take paid service time in lieu of termination pay. Employees who terminate active employment before completing six (6) months of employment shall receive no vacation pay. Pay for unused vacation leave shall be computed through the last day of employment.six

Appears in 2 contracts

Samples: Letters of Agreement, meetings.portseattle.org

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Payment for Vacation Leave at Termination. Upon terminationtermination of employment, regular permanent employees shall receive pay a lump sum payment in lieu of one hundred percent (1 00%) of unused vacation leave, based on limitations stated above and as further limited by this Section. Employees shall receive, upon termination, pay in lieu of unused vacation up to the limits as prescribed above. However, at their option, such employees may elect to take paid service time in lieu of termination pay. Employees who terminate active employment before completing six (6) months of employment shall receive no vacation pay. Pay for unused vacation leave shall be computed through the last day of employment. Section 1 5.04 may be subject to modification to meet legal requirements in the event of further changes in State Law.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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