Common use of Payout of Vacation Accrued upon Termination of Employment Clause in Contracts

Payout of Vacation Accrued upon Termination of Employment. In the case of termination of employment, the Company shall pay to the employee any vacation pay owing to him/her in respect of any prior completed year of employment plus the vacation pay owing to him/her for the current year. If an employee’s vacation is in a negative balance at the date of termination they will be required to repay amounts owing.

Appears in 5 contracts

Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

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Payout of Vacation Accrued upon Termination of Employment. In the case of termination of employment, the Company shall pay to the employee any vacation pay owing to him/her in respect of any prior completed year of employment plus the vacation pay owing to him/her for the current year. If an employee’s 's vacation is in a negative balance at the date of termination they will be required to repay amounts owing.

Appears in 2 contracts

Samples: Collective Agreement, Collective Agreement

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