Payout Upon Separation Sample Clauses

Payout Upon Separation. Upon voluntary termination, retirement or death of an employee an amount equal to 50% of accumulated sick leave will be paid to the employee or the estate of said employee. At the discretion of the employee or the estate of the employee, the accumulated sick leave may be paid in a single lump sum, or may be deferred as deferred earnings at the rate of earnings in effect at the time of death, retirement or voluntary termination. The District shall not pay the employee for any unused accrued sick leave upon the termination of an employee for cause.
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Payout Upon Separation. For purposes of remuneration, at time of separation, employees will be credited at their hourly rate of pay for accrued hours of vacation. Employees shall be compensated for unused vacation at the time of separation from the District either as monetary remuneration or as compensatory time off upon the agreement of both parties.
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Payout Upon Separation. Employees will be paid for unused accrued vacation at the time of separation or termination of employment. The rate of vacation pay shall be the employee’s straight time rate of pay in effect on the date immediately preceding the employee’s last day of employment.
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Payout Upon Separation a. All vacation leave shall be paid to employees upon their separation from servi9ce.
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Payout Upon Separation. Any change will be by mutual agreement. Holidays Full-time employees receive eight (8) hours of pay at their straight-time rate for each of the following holidays: New Year’s Day Labor Day Xxxxxx Xxxxxx Xxxx’x Birthday Veteran’s Day President’s Day Thanksgiving Day Memorial Day Day after Thanksgiving Juneteenth Christmas Day Independence Day Full-time employees receive an additional twenty-four (24) hours of floating holiday annually on the first full pay period of the calendar year. Employees hired during the year will receive prorated floating holiday hours. Unused floating holiday hours will be cashed out on the final paycheck in the year in that they were accrued. Employees on an alternate work schedule are required to use floating holiday hours, vacation, or CTO to make up the difference between the holiday hours provided and the employee’s regularly scheduled hours. Part-time employees receive holidays and floating holiday hours on a pro-rated basis. Observed Holidays (other than operational field staff):  If the holiday falls on a Sunday, the Monday following is observed as the holiday. Employees (other than operational staff) who work on the holiday will receive a holiday premium of half their regular rate of pay for each hour worked.  If the holiday falls on a Saturday, the Friday preceding is observed as the holiday.  Employees required to work on an observed holiday will receive an additional half- time for all hours worked on the holiday. Observed Holidays (operational field staff): The actual holiday is the observed holiday for operations staff. Employees required to work on an observed holiday will receive half- time for all hours worked on the holiday. Jury Duty Employees who are summoned for jury duty and unable to perform their regular duties will be given a leave of absence with pay for the duration of their jury duty. Bereavement Leave Employees who have been employed by the District for at least thirty (30) days are entitled to five (5) days of bereavement leave in the event of the death of a “family member.” The District provides paid leave for the first twenty-four (24) hours, the employee may use sick leave, vacation, CTO for any additional bereavement leave. The employee who utilizes bereavement leave must notify their supervisor of the intent to use bereavement leave. Xxxxxxxxxxx leave must be taken within three months following the death of the family member.
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Related to Payout Upon Separation

  • Payment Upon Separation An employee or an employee's estate will be paid for:

  • Benefits Upon Layoff or Separation (a) Subject to (b) and (c) below, regular employees who have completed three (3) months of service and who are receiving benefits pursuant to Section 1.1(c), 1.1(d), or 1.2 shall continue to receive such benefits upon layoff or separation until the termination of the illness or until the maximum benefit entitlement has been granted, whichever comes first, if the notice of layoff or separation is given after the commencement of the illness for which the benefits are being paid.

  • Employee Compensation Upon Separation An Employee, upon her separation from employment, shall be compensated for vacation leave to which she is entitled.

  • Payment upon Termination In the event that the City or Consultant terminates this Agreement pursuant to Section 8, the City shall compensate the Consultant for all outstanding costs and reimbursable expenses incurred for work satisfactorily completed as of the date of written notice of termination. Consultant shall maintain adequate logs and timesheets in order to verify costs incurred to that date. The City shall have no obligation to compensate Consultant for work not verified by logs or timesheets.

  • Employer Compensation Upon Separation An Employee, upon her separation from employment, shall compensate the Employer for vacation which was taken but to which she was not entitled.

  • Refund or Payment upon Termination If this Agreement is terminated by You in accordance with Section 12.3 (Termination), We will refund You any prepaid fees covering the remainder of the term of all Order Forms after the effective date of termination. If this Agreement is terminated by Us in accordance with Section 12.3, You will pay any unpaid fees covering the remainder of the term of all Order Forms. In no event will termination relieve You of Your obligation to pay any fees payable to Us for the period prior to the effective date of termination.

  • Payment Upon Death When an employee dies, any and all accrued, unused vacation leave to his/her credit shall be paid to the surviving spouse. In the event that the employee has no surviving spouse, said unused vacation leave shall be paid to the employee's estate. Such payment shall be paid at the employee's hourly rate of pay at time of death in a lump sum (less applicable withholding), less any amounts owed by the employee to the City.

  • Vacation Pay Upon Termination When an employee in the bargaining unit is terminated for any reason, he/she shall be entitled to all vacation pay earned and accumulated up to and including the effective date of the termination.

  • Benefits Upon Plan Termination In the event this Long-Term Disability Plan is terminated, the benefit payments shall continue to be paid in accordance with the provisions of this Plan to disabled employees who became disabled while covered by this Plan prior to its termination.

  • Vacation Credits Upon Death Earned but unused vacation entitlement shall be made payable, upon termination due to death, to the employee's dependent, or where there is no dependent, to the employee's estate.

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