PTO CASH-OUT ON SEPARATION OF EMPLOYMENT Sample Clauses

PTO CASH-OUT ON SEPARATION OF EMPLOYMENT. Upon separation of employment, if the employee has been employed for a minimum of six (6) months, any accrued leave shall be paid at the rate for any paid personal time off. If an employee forfeits his or her PTO because he or she was not employed for at least six (6) months, and if said employee is then rehired within twelve months of separation, then previously accrued, unused PTO shall be reinstated if the employee reached the ninetieth (90th) calendar day of employment prior to separation. If said employee did not reach the ninetieth (90th) calendar day of employment prior to separation, the previous period of employment will be counted for purposes of determining the date upon which the employee is entitled to use PTO. Employees who are discharged for cause will not be paid any accrued and unused PTO. Employees who fail to give fourteen (14) calendar days’ notice or fail to work their schedule during the notice period will have any accrued and unused PTO cash out reduced up to a maximum of fourteen (14) calendar days. The amount of the reduction will be based on the number of days of notice less than fourteen (14) calendar days or the unworked schedule during the notice period. The Employer in its sole discretion can waive the PTO cash-out reduction.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs

Related to PTO CASH-OUT ON SEPARATION OF EMPLOYMENT

  • SEPARATION OF EMPLOYMENT (a) If an employee is discharged by the Employer, he shall be paid in full for all monies owing to him by the Employer on the date of his discharge.

  • Termination of Employment Executive's employment hereunder may be terminated under the following circumstances:

  • Condition of Employment The Employee acknowledges that his/her employment and the continuance of that employment with the Company is contingent upon his/her agreement to sign and adhere to the provisions of this Agreement. The Employee further acknowledges that the nature of the Company’s business is such that protection of its proprietary and confidential information is critical to its survival and success.

  • Duration of Employment 5.1 A seafarer shall be engaged for the period specified in Appendix 1 to this Agreement and such period may be extended or reduced by the amount shown in Appendix 1 for operational convenience. The employment shall be automatically terminated upon the terms of this Agreement at the first arrival of the ship in port after expiration of that period, unless the Company operates a permanent employment system.

  • Cyclic Year Employment The Employer may fill a position with a cyclic year appointment for positions scheduled to work less than twelve (12) full months each year, due to known, recurring periods in the annual cycle when the position is not needed. At least fifteen (15) days before the start of each annual cycle, incumbents of cyclic year positions will be informed, in writing, of their scheduled periods of leave without pay in the ensuing cycle. Such periods of leave without pay will not constitute a break in service. When additional work is required of a cyclic position during a period for which the position was scheduled for leave without pay, the temporary work will be offered to the incumbent. The incumbent will be allowed at least three (3) working days in which to accept or decline the offer. Should the incumbent decline the work, it will be offered to other cyclic employees, in the same classification, with the necessary skills and abilities, in order of seniority, before being filled by other means.

  • Employee Termination A) Regular employees other than those serving a probationary period, shall give twenty-eight (28) calendar days written notice of termination to a representative designated by the Employer with the authority to accept such written notice.

  • Continuation of Employment This Agreement shall not confer upon the Participant any right to continue employment with the Company or its Subsidiaries, nor shall this Agreement interfere in any way with the Company’s or its Subsidiaries’ right to terminate the Participant’s employment at any time. The Participant’s employment shall continue to be on an “at-will” basis.

  • Severance Termination (a) Subject to 56.7 above, indeterminate employees on 4 June 2014 shall be entitled to a severance payment equal to one (1) week's pay for each complete year of continuous employment and, in the case of a partial year of continuous employment, one (1) week's pay multiplied by the number of days of continuous employment divided by three hundred sixty-five (365), to a maximum of thirty (30) weeks.

  • EMPLOYMENT & TERMINATION This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

  • NOTICE OF TERMINATION OF EMPLOYMENT 2601 Employment may be terminated voluntarily by a nurse or for just cause by the Employer subject to the following periods of written notice, exclusive of any vacation due:

Time is Money Join Law Insider Premium to draft better contracts faster.