Personal Leave Buy Back. In the event that an employee has not utilized his/her personal leave allotment, any remaining unused days, excluding banked days, may be cashed out at the per diem rate. The cash-out of unused days will be paid automatically in July or August.
Appears in 5 contracts
Personal Leave Buy Back. In the event that an employee has not utilized his/her their personal leave allotment, any remaining unused days, excluding banked days, days may be cashed out at a rate of 100% of the employee’s per diem ratediem. The cashCash-out of unused days personal leave will be paid automatically in July or Augustautomatically. Payment will be made prior to the end of the fiscal year.
Appears in 3 contracts
Samples: Principals’ Agreement, Principals’ Agreement, Principals’ Agreement
Personal Leave Buy Back. In the event that an employee has not utilized his/her personal leave allotment, any remaining unused days, excluding banked days, may be cashed out at the per diem rate. The cash-out of unused days will be paid automatically in July or August.
Appears in 2 contracts
