Common use of Payout of Vacation Upon Termination Clause in Contracts

Payout of Vacation Upon Termination. Employees shall receive payment for all accrued, but unused vacation upon termination of their employment with the Employer, provided that the maximum payment for an employee hired on or after January 1, 2019 is 200 hours.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

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Payout of Vacation Upon Termination. Employees shall receive payment for all accrued, but unused vacation upon termination of their employment with the Employer, provided that Employer including a pro-rated share of vacation for the maximum payment year in which their employment with the Employer is terminated subject to a limit of two hundred (200) hours for an employee employees hired on or after January July 1, 2019 is 200 hours2016.

Appears in 2 contracts

Samples: Agreement, Agreement

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