Common use of Payment on Termination Clause in Contracts

Payment on Termination. In the event of death, termination or other separation of employment of an employee during the initial twelve (12) months of his employment, vacation is not considered earned and no payment in lieu of vacation shall be made. In the event of death, retirement, termination or other separation of employment after an employee has served for twelve (12) continuous months, and is otherwise eligible for vacation credits, the employee shall be entitled to payment for accrued vacation leave at the rate as of the date of eligibility. In the event of death, earned but unused vacation leave shall be paid in the same manner as salary due the deceased employee.

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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Payment on Termination. In the event of death, the death or termination or other separation of employment of an employee during the initial twelve (12) months of his his/her employment, vacation is not considered earned and no payment in lieu of vacation shall be made. In the event of death, retirement, death or termination or other separation of employment after an employee has served for twelve (12) continuous months, and is otherwise eligible for vacation credits, the employee shall be entitled to payment for accrued vacation leave at the rate as of the date of eligibility. In the event of death, earned but unused vacation leave shall be paid in the same manner as salary due the deceased employeeemployee is paid.

Appears in 4 contracts

Samples: Agreement, www.ashland.or.us, www.ashland.or.us

Payment on Termination. In the event of death, the death or termination or other separation of employment of an employee during the initial twelve six (126) months of his his/her employment, vacation is not considered earned and no payment in lieu of vacation shall be made. In the event of death, retirement, death or termination or other separation of employment after an employee has served for twelve six (126) continuous months, and is otherwise eligible for vacation credits, the employee shall be entitled to payment for accrued accrued, but unpaid, vacation leave at the rate as of the date of eligibility. In the event of death, earned but unused vacation leave shall be paid in the same manner as salary due the deceased employeeemployee is paid.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Payment on Termination. In the event of death, death or termination or other separation of employment of an employee during the initial twelve (12) months of his employment, vacation is not considered earned and employment no payment in lieu of vacation shall be made. In the event of death, retirement, death or termination or other separation of employment after an employee has served for twelve (12) continuous months, and is otherwise eligible for vacation credits, the employee shall be entitled to payment for accrued vacation leave at the rate as of the date of eligibilitycurrent rate. In the event of death, earned but unused vacation leave shall be paid in the same manner as salary due the deceased employeeemployee is paid.

Appears in 2 contracts

Samples: Agreement, Agreement

Payment on Termination. In the event of death, death or termination or other separation of employment of an employee during the initial twelve (12) months of his his/her employment, vacation is not considered earned and no payment in lieu of vacation shall be made. In the event of death, retirement, death or termination or other separation of employment after an employee has served for twelve (12) continuous months, and is otherwise eligible for vacation credits, the employee shall be entitled to payment for accrued vacation leave at the rate as of the date of eligibility. In the event of death, earned but unused vacation leave shall be paid in the same manner as salary due the deceased employeeemployee is paid.

Appears in 1 contract

Samples: Agreement

Payment on Termination. In the event of death, the death or termination or other separation of employment of an employee during the initial twelve (12) months of his his/her employment, vacation is not considered earned and no payment in lieu of vacation shall be made. In the event of death, retirement, death or termination or other separation of employment after an employee has served for twelve (12) continuous months, and is otherwise eligible for vacation credits, the employee shall be entitled to payment for accrued vacation leave at the rate as of the date of eligibility. In the event of death, earned but unused vacation leave shall be paid in the same manner as salary due the deceased employee.employee is paid.β€Œ

Appears in 1 contract

Samples: Agreement

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Payment on Termination. β€Œ In the event of death, death or termination or other separation of employment of an employee during the initial twelve (12) months of his employment, vacation is not considered earned and employment no payment in lieu of vacation shall be made. In the event of death, retirement, death or termination or other separation of employment after an employee has served for twelve (12) continuous months, and is otherwise eligible for vacation credits, the employee shall be entitled to payment for accrued vacation leave at the rate as of the date of eligibilitycurrent rate. In the event of death, earned but unused vacation leave shall be paid in the same manner as salary due the deceased employeeemployee is paid.

Appears in 1 contract

Samples: Collective Bargaining Agreement

Payment on Termination. In the event of death, termination or other separation severance of employment of an employee during the initial twelve (12) months of his his/her employment, no vacation is not considered earned and no payment in lieu of vacation shall be made. In the event of death, retirement, termination or other separation severance of employment after an employee has served for twelve (12) continuous months, and is otherwise eligible for vacation credits, the employee shall be entitled to payment for accrued vacation leave at the wage rate as of applicable on the date of eligibilityseverance of employment. In the event of death, earned but unused vacation leave shall be paid in the same manner as salary due the deceased employeeemployee is paid.

Appears in 1 contract

Samples: Agreement

Payment on Termination. In the event of death, death or termination or other separation of employment of an employee during the initial twelve (12) 12 months of his employment, vacation is not considered earned and no payment in lieu of vacation shall be made. In the event of death, retirement, termination or other separation of employment after an employee has served for twelve (12) 12 continuous months, and is otherwise eligible for vacation credits, the employee shall be entitled to payment for accrued vacation leave at the rate as of the date of eligibilitycurrent rate. In the event of death, earned but unused vacation leave shall be paid in the same manner as salary due the deceased employeeemployee is paid.

Appears in 1 contract

Samples: Collective Bargaining Agreement

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