Payment on Separation Sample Clauses

Payment on Separation. Employees who have completed at least six (6) months of continuous service and leave the County service shall be paid for accrued, but unused annual leave.
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Payment on Separation. Employees with one (1) or more years of service will be entitled to all vacation time accumulated to the date of their separation from employment in that vacation year when they leave employment, upon retirement or resignation, provided they provide two (2) or more weeks prior written notification of their retirement or resignation to the Employer, or in case of an involuntary termination. Upon the death of an employee with one (1) or more years of service, all unused vacation time accumulated shall be paid to the employee's beneficiaries. Upon an employee's resignation or after retirement with less than two (2) weeks notice, all vacation credits shall be canceled and shall not be reinstated or paid for.
Payment on Separation. Upon separation from the Employer's payroll, an employee shall be entitled to compensation at his current rate of pay for all lawfully accrued and unused vacation leave to his credit at the time of separation up to three years. In case of death of an employee, such unused vacation leave shall be paid to the employee's legal survivor or his estate.
Payment on Separation. An employee separated from the service shall earn sick leave only through the last working day for which he/she is entitled to pay. Upon death, retirement, permanent disability, or termination of an employee for reasons other than discharge for just cause, after ten (10) years of full-time employment or its equivalent if the employee has not served as a full-time employee, an employee shall be compensated for total accrued sick leave at the rate of one (1) hour's pay at his/her regular hourly rate for every three (3) hours of sick leave accrued to a maximum payment of one thousand one hundred and twenty (1,120) hours. An employee who is eligible for purchase of service credits under the Nevada Public Employee’s Retirement System (PERS), and who elects to convert unused sick leave (1/3 x sick leave, up to the cap maximum) and/or vacation into retirement service credit shall submit a written request, on a District approved form, sixty (60) days in advance of their anticipated retirement date. The District shall calculate the amounts owed the employee, minus applicable taxes and deductions, to determine the net amount the employee will have to purchase retirement credit. The employee shall be advised of the amount that may be used to purchase retirement credit and shall complete the application process with PERS. The District shall then proceed to pay the employee the amount designated as of their termination of employment (provided their leave banks have not been reduced since the estimate was determined).
Payment on Separation. Employees who separate from District service shall be paid for accrued vacation leave.
Payment on Separation. K5.16 On separation from the APS, an employee will be entitled to payment in lieu for Annual Leave credits.
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Payment on Separation. Where an employee ceases employment with the APS, the employee is to receive payment in lieu of unused annual leave calculated up to the day of cessation.
Payment on Separation. (a) The Company shall pay to the Executive, on the Separation Date, an amount equal to the following (to the extent not already paid by the Company) whether or not he executes this Agreement: i. Executive’s Base Salary through the Separation Date; ii. Reimbursement for Executive’s business expenses incurred through the Separation Date; and iii. Any other amounts required to be paid to Executive under applicable law in connection with the termination of his employment. (b) The Company shall pay to the Executive, on the Separation Date, the sum of Four Hundred Five Thousand and 00/100 Dollars ($405,000), representing the Executive’s 2013 Annual Bonus under the Management Incentive Compensation Plan (MICP) based on his target (consistent with the Company’s historical course of dealing with executive bonuses).
Payment on Separation a) Payments under this Agreement due to an employee on separation shall be made within a period of two (2) weeks excepting, however, in those instances where it is necessary to withhold payments pending an accounting and settlement of any monies due the Agency on account of any advances repayable, inventory unaccounted for or any other valid claim against an employee. In the event of death of any employee, any amounts due shall be paid to the estate.
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