PAYMENT OF OUTSTANDING SVP BALANCES. (a) Employees must be paid any outstanding SVP Balances immediately upon:
(i) termination of employment; or
(ii) the conclusion of the school year; or
(b) An Employee proceeding upon a period of leave without pay, including unpaid parental leave, that is to conclude in the following School Year, may request that the payment of their outstanding SVP balance be made at a time prior to the conclusion of the school year. The Employer will make such payment in accordance with the Employee’s request, as soon as practicable.