Payments in Lieu of Vacation Sample Clauses

Payments in Lieu of Vacation. (a) In the event of an employee's resignation or discharge (for other than misconduct) before using all the vacation which the employee is eligible to accrue under Paragraph 1 (Eligibility), an amount equivalent to such unused accrued vacation shall be paid to the employee. (b) To determine the number of “accrued” current year vacation hours for employees who have completed at least six (6) months of service and who are eligible as noted in Paragraph 1 (Eligibility), see the chart below: (c) In the event of an employee’s retirement, layoff, or death before using all the vacation which the employee is eligible to receive under Paragraph 1 (Eligibility), an amount equivalent to such unused vacation, as though it was granted based on the number of years net credited service and not based on the accrual language, shall be paid to the employee or his/her beneficiary or estate.

Payments in Lieu of Vacation. (a) Except as provided in Paragraph 7(a)(1), in the event of an employee's resignation, discharge (for other than misconduct) or death before using all the vacation which the employee is eligible to receive in the calendar year, an amount equivalent to such unused vacation shall be paid to the employee, his or her beneficiary or estate. (1) An employee who terminates employment by resignation or termination for cause on or after January 1, 2000, will be required to reimburse the Company for the value of the vacation days to which eligible during the current calendar year, which have been taken prior to the date the employee’s termination occurs, in excess of the schedule below. Eligible Vacation Days for Employee Leaving Company During Calendar Year Month of Termination Term of Employment 1-7 Years 7-15 Years 15-25 Years 25+ Years January 1 2 2 2 February 2 3 4 4 March 3 4 5 7 April 3 5 7 9 May 4 6 9 11 June 5 8 10 13 July 6 9 12 15 August 7 10 14 17 September 7 11 16 19 October 8 13 17 21 November 9 14 19 23 December 10 15 20 25 49 Article 22 (b) An employee who leaves the payroll because of retirement or layoff and who has not yet become eligible for vacation under Paragraph 1(b) shall receive a payment in lieu of the vacation for which they would have been eligible for had they met the requirements of that paragraph.

Payments in Lieu of Vacation. (a) In the event of an employee's resignation or other termination of employment, other than termination for misconduct, before using all the vacation which the employee is eligible to accrue under Section 9.05 (Vacation Eligibility), an amount equivalent to such unused accrued vacation shall be paid to the employee or his or her beneficiary or estate. In the event of an employee’s termination for misconduct, the employee waives and forfeits any right (s)he may have to receive pay for vacation accrued at the time of termination including any rights under California Labor Code Section 227.3 or any similar law in another state. (b) To determine the number of “accrued” current year vacation hours for employees who have completed at least six (6) months of service and who are eligible as noted in Section

Payments in Lieu of Vacation. In the event of an employee’s resignation, discharge or death before using all the vacation which the employee has accrued, an amount equivalent to such accrued vacation shall be paid to the employee, his or her beneficiary or estate.